Trading Tech
QSuper Extends Rimes for Performance Benchmarking
QSuper, a AUD46 billion Australian superannuation fund for Queensland, will use the buy-side data services provider's benchmark data service (BDS) to develop customized benchmarking tools for performance attribution and post-trade compliance analysis.
OptionsCity CTO: Harnessing Big Data for Value-Add Analytics is Key in 2014
Victor Glava, chief technology officer of options trading platform provider OptionsCity, discusses the commoditization of traditional datasets and delivery mechanisms, and describes where firms will need to add value in 2014.
NCB Capital Takes Charles River
Saudi Arabia-based NCB Capital has selected the Charles River Investment Management System (IMS) for a number of areas, stretching from portfolio management to compliance.
Swift Creates KYC Utility amid Compliance Push
Messaging provider Swift has announced the launch of a know-your-customer (KYC) registry, as it pushes further into the compliance space with the creation of a dedicated unit.
Commoditizing Secret Sauce
Don't over-egg the omelet.
Borsa Istanbul Takes Nasdaq Data, Trading Platforms
Nasdaq OMX will supply Turkish exchange Borsa Istanbul with technology and advisory services─including the provision of a new market data distribution system─under the terms of a deal that will also see Nasdaq take a five percent stake in the exchange,…
Eurex Takes Small Taifex Stake
Derivatives bourse Eurex has announced that it has taken a five-percent stake in the Taiwan Futures Exchange (Taifex).
Private Cloud not Just for Tech-Less Funds Anymore
Where private cloud providers used to appeal only to start-up hedge funds, a third of Abacus's new clients are large funds with existing IT staff.
EidoSearch Predicts Predictive Shift in 2014
With Big Data and predictive analysis becoming more widely adopted and better understood, David Allen, vice president of sales and marketing at predictive analytics provider EidoSearch, explains why 2014 will be the year that traders "figure out how to…
Finra Eyes New Surveillance System
The US Financial Industry Regulatory Authority (Finra), a self-funded regulatory organization tasked with overseeing American brokers, is soliciting comment over a proposal for new method of collecting data on investment sales activities.
Borsa Istanbul Signs Landmark Deal with Nasdaq OMX
Borsa Istanbul, the Turkish stock exchange, has signed an agreement with Nasdaq OMX to strengthen its position as financial hub in the Eurasia region.
At Nasdaq, 2014 Signals a Change in Market Tech Customers
Nasdaq OMX’s customer base has changed in three ways over the course of 2013. All three began more than a year ago, but have accelerated that pace of late.
Rimes' Cheng: ‘Clear and Present Danger' of Regulation Will Cause ‘Tipping Point' for Managed Data Services
Steve Cheng, global head of data management solutions at economic and benchmark data and managed service provider Rimes Technologies, warns of the need for firms to investigate and leverage new technologies to address regulatory change.
Thomson Reuters' Brittan: Analytics Will Be Key to Unlocking Value in 2014
Philip Brittan, chief technology officer and global head of platform for Thomson Reuters' Financial & Risk division, discusses the importance of analytics in delivering competitive edge from commoditized content.
2013's Trading Technology: A Year of 'Accelerating Returns'
Readers of Waters' ongoing coverage will have noticed several themes that blossomed over the past 12 months. Some of them were predictable. But 2013 also offered up more than a few unexpected hints of opportunities to come—whether imminently, or further…
Markit Connects to HKMA Trade Repository
MarkitSERV has connected to the Hong Kong Monetary Authority's (HKMA) trade repository, the data provider has announced.
2013 Review: Crowd-Sourced Content, Search Gain Traction
As traders and investors seek new ways to find alpha in increasingly commoditized datasets, the accuracy of data and how it is sourced—and the ease with which it can be searched—is becoming more important, prompting the creation of new services for…
2013 Review: Traders Weigh Importance of Fast Data vs Big Data
While still a focus for high-frequency traders with latency-sensitive strategies, the latency arms race appeared to have reached a stalemate in 2013, with low latency a necessity but ultra-low latency more of an expensive luxury, with some firms…
Esma Updates Derivatives Reporting Guidance
The European Securities and Markets Authority (Esma) has clarified its position on the reporting of derivatives, updating an online Q&A with the scope of requirements, as well as the counterparties that it expects to report transactions.
Citicom Partners Tango for Call Recording
Citicom Solutions has announced a partnership with Tango Networks, where the latter will provide a network-based voice recording facility for Citicom Assure.
'Snowden Effect' Should Thaw—Not Chill—New Ideas on Systems Intrusion, Detection
Data hacked and then leaked by National Security Administration (NSA) contractor Ed Snowden has already upended technology provision, in finance and elsewhere. But as it unfolds, what can firms learn from both sides of this lurid tale?
Bloomberg Names Risk and Compliance Exec
Bloomberg is making good on its promise to beef up compliance and data security measures-following the revelation earlier this year that its journalists were able to access some client terminal usage data-by hiring Paul Wood as the vendor's first chief…
Kaplan Swaps Telx for Equinix
Shawn Kaplan recently joined datacenter and hosting provider Equinix as sales director for the vendor's major accounts team covering financial services, a newly-created role leading a sales team focused on building strategic relationships with Equinix's…
Committee Is JPMorgan's Answer to Electronic Trading Redundancy
Wanting to reduce duplication and share ideas about electronic trading, while avoiding a centralized function, JPMorgan established a top-level committee that meets weekly to act as a clearinghouse of ideas.