Trading Tech
Napier Park Achieves Citi Spinoff, Volcker Compliance with Sky Road
Napier Park, a $6.7 billion credit and fixed-income fund formerly known as Citigroup Capital Advisors (CCA), has tapped Sky Road, a Chicago-based managed services provider to the buy side, to help transition its trading application infrastructure into…
TMX Links to K13 Moscow Datacenter
TMX Atrium, the network subsidiary of Canadian exchange group TMX has added a connectivity point on its network to the Kislovsky 13 (K13) datacenter in Moscow.
Markit's Johnson Explains Collaboration Services
Heidi Johnson, managing director of Markit Collaboration Services and Markit Library talks to Inside Market Data at FISD's recent World Financial Information Conference in Lisbon about the vendor's new chat initiative which seeks to bring open…
Deutsche Börse Opens Data-Trading Simulation Cloud
Deutsche Börse's Market Data and Services division has unveiled a cloud-based market simulation environment for trading firms to develop and test applications designed to work with its Eurex derivatives market's T7 trading architecture-which is designed…
China Securities Deploys Fidessa Asian Trading Platform
Investment bank China Securities (International) has selected Fidessa’s Asian trading platform to operate on its first subsidiary outside mainland China.
Measuring Butterfly Effects
People have a startling inclination to want to be involved with historical events as they happen. How many music fans, for instance, wouldn’t give their right arm to have been at the original Woodstock? Who wouldn’t have wanted to be at the original…
First Metro Securities Connects to SunGard Global Network
First Metro Securities Brokerage, part of the Metrobank Group, has connected to the SunGard Global Network (SGN), linking to more than 2,500 buy-side and sell-side firms and about 150 trading venues around the world.
TMX Atrium Connects to Moscow Exchange
The Moscow Exchange, the entity formed following the 2011 merger of the RTS Exchange and the Moscow Interbank Currency Exchange, has joined the network of TMX Atrium, the network subsidiary of Canadian exchange group TMX, to provide companies connected…
Aquis, IEX Alternative Venues Join IPC’s Connexus Network
European multilateral trading facility Aquis Exchange and New York-based alternative trading system IEX Group, a buy side-owned dark pool targeting broker-dealers, have both selected network and trading turret provider IPC’s Connexus financial extranet…
Perseus, ITRS Ally for Latency Monitoring
New York-based low-latency network provider Perseus Telecom has launched a new real-time latency monitoring application in partnership with UK-based systems and latency monitoring technology vendor ITRS, dubbed PrecisionView, to provide customers with…
IBOR: Where OMS, Portfolio Analytics, and Fund Accounting Intersect
Buy-Side Technology’s North American Summit last week hosted an inventor. Andrew Meisel, while at Barclays Global Investors, created and coined the term “investment book of record,” or IBOR. The concept has picked up considerable traction in the last…
ITG Inks TwoFour Deal
Agency broker ITG has licensed TwoFour FX to help manage its foreign exchange (FX) operations.
Lazard CRO: Risk System Useless Unless You Can Absorb the Data
During a panel at the Buy-Side Technology North American Summit, Misys senior risk advisor Bradley Ziff called for a "vast increase" in the types of risk analytics that buy-side firms make available to themselves, pointing to the increased capital in buy…
TowerGroup's Shahrawat: Risk Analytics Slowly Coming to the Fore on the Buy Side
A survey by CEB TowerGroup shows that while 58 percent of buy-side firms consider risk analytics a business-critical element of technology infrastructure, only 17 percent consider it an edge. Senior research director Dushyant Shahrawat, who gave a…
Ex-UBS CTO Founds Cloud Startup
Andy Brown, former group chief technology officer at UBS, has left the Swiss bank to set up Street Scale IT Group, a company that will focus on bringing IT economies of scale around datacenters and cloud hosting to regulated industries, starting with…
After Success in Fixed Income, TESI Eyes FX
The Trading Enablement Standardization Initiative (TESI), an industry working group comprising major sell-side banks, is targeting enablement of buy-side firms onto foreign exchange (FX) electronic dealing platforms through automated protocols.
Buy Side-Backed ATS IEX Taps IPC for Data Distribution, Connectivity
New York-based alternative trading system IEX Group, a buy side-owned dark pool targeting broker-dealers, has selected network and trading turret provider IPC's Connexus financial extranet and Direct Connect Ethernet data network services to support…
Axioma Launches Multi-Asset Risk Management Platform
Software vendor Axioma has announced the introduction of Axioma Risk, its multi-asset class risk management platform.
Swift VAN Passes ENAT
Swift has announced that its value-added network (VAN) for the Target2-Securities (T2S) project has passed the final milestone in a major test cycle.
SpryWare, Embium Ally for Auto Trading
Chicago-based low-latency ticker plant and feed handler technology vendor SpryWare has partnered with Embium, a provider of automated trading platforms, enabling SpryWare clients to easily connect to platforms that allow them to develop automated trading…
Bats Chi-X Europe Rolls Out Trade Reporting Services
European multilateral trading facility (MTF) Bats Chi-X Europe has announced the introduction of BXTR, a suite of trade reporting services for the pan-European trading community.
Instinet Launches ‘Indigo' Trade Analytics Platform
Instinet has added a new web-based trade analytics platform ─ dubbed Indigo ─ to its analytics suite.
BBH Introduces New Corporate Actions Tool
Part of Brown Brothers Harriman's Infomediary platform, InfoAction will help institutional asset managers streamline their corporate actions workflow applications.
Squawker Signs 70 Firms, Eyes 100 by Year-End
London-based interdealer block trade negotiation platform Squawker has completed its initial rollout across Europe, having signed up 70 investment banks, regional banks, agency brokers, private banks and other sell-side firms in 13 European countries…