Trading Tech
Integral Files SEF Application With CFTC
FX trading solutions provider Integral Development Corp has applied to the US Commodity Futures and Trading Commission (CFTC) to launch a Swap Execution Facility (SEF).
Marking Your Own Homework
The Securities Industry and Financial Markets Association (Sifma) sent a request for a review into the structure of the exchange self-regulatory model (SRO) last week, in a move that may force regulators to take an enhanced role in market oversight.
JOBS Act Implications Significant, Just Not for Technology
The JOBS Act could present new opportunities─and challenges─for the hedge fund industry, but Anthony questions whether there's a significant IT angle to be found.
Open Platform: Planning for the Inevitable with T2S
Harmonization of the European securities settlement landscape is gathering pace. The single settlement platform Target2-Securities (T2S) and the forthcoming CSD Regulation (CSD-R) – which could impose T+2 settlement Europe-wide and require an electronic…
Battling Inertia In Corporate Actions
Automation efforts in corporate actions processing have stayed at stagnant levels, according to Inside Reference Data webcast surveys. Industry professionals are looking for a catalyst to spur improvements
Eze Software Group Enjoys Stellar Six Months
Six months is a long time in the life of a software company. Take the Eze Software Group as an example: The fledgling buy-side focused vendor – born in January this year after $56 billion private investment firm TPG stumped up the capital to acquire…
Nasdaq Preps US Feed Changes
Exchange group Nasdaq OMX is launching new feeds for its equities, futures, BX and PSX markets, in a effort to replace legacy technology with higher performance alternatives.
Fidessa Debuts Post-Trade FIX Confirmation Hub
Fidessa has announced the opening of its Post-Trade Confirmation Hub, designed to allow allocations and confirmations of trades directly between sell-side and buy-side counterparties via FIX.
Taking on Tablets: BYOD On The Trading Floor
We have truly entered the Age of Bring Your Own Device, or BYOD. And as with every new era fuelled by innovation, the new challenges are screaming for attention. With this in mind, WatersTechnology conducted a survey of its readers inside institutional…
Aite Says Compliance Tech Spend to Increase 35 percent in Three Years
A report from Boston-based consultancy Aite Group indicates that compliance technology spending is likely to grow by 35 percent from 2012 to 2015, with hosted solutions persisting as the preferred deployment option.
On the Record: Mercado Keeps it ‘Simple'
Emilio Mercado has spent the bulk of his career working for market data vendors. Now, he's working for himself, running his own vendor, Simplified Financial Information, and aiming to simplify how firms manage market data usage and infrastructure, when…
SunGard Upgrades Asset Arena InvestOne for ‘Multiple Books of Record’
SunGard has released the latest version of its Asset Arena InvestOne accounting platform and it now has functionality for Multiple Books of Record, as well as the launch of a new operational management and monitoring solution.
First, React: Systems Performance Should Be Visually Evident, Not Contractual
Data tells the tale of what markets are doing, what's aberrant, and why rarely, if sometimes spectacularly, things go wrong. Systems performance tools provide those signals, just as exchange venues provide tick data. Firms are beginning to figure out how…
Bloomberg Wins CFTC Green Light for SEF Operation
Bloomberg has announced that the US Commodity Futures Trading Commission (CFTC) has given it temporary registration approval for the operation of a swap execution facility (SEF).
Consultant J&J Helps Build FinQloud's Reputation
In these early months of its existence, Nasdaq OMX FinQloud benefits as much from the reputational boost its clients provide as from the profits they bring in.
Numerix Integrates FVA Framework
The analytics provider has added a new framework for sell sides to calculate funding valuation adjustment (FVA) for arbitrary instrument types, including bespoke instruments with optionality, callability, and triggers such as Bermudan swaptions.
Scivantage, Broadridge Partnership Delivers Recon to Maxit
Scivantage has tapped Broadridge Financial Solutions' consolidated business process outsourcing solution to support reconciliation activities for certain procedures for its cost-basis reporting platform, Maxit.
ITG Brings Posit Alert to Mexico
Agency brokerage ITG has launched Posit Alert─its platform for sourcing large block orders of liquidity─for Mexican equities.
Open Platform: Value at Risk - The New Data Challenge
Following the financial crisis, the industry is reevaluating how it uses and calculates Value at Risk. But more accurate and frequent VaR needs the ability to capture and analyze more frequent underlying data, requiring a new approach to risk data…
Linedata Service Tackles Hedge Fund Compliance
Linedata, the Paris-based solutions provider, has unveiled Linedata Compliance Managed Service to address the complexity of global hedge fund regulations by incorporating rule monitoring across different geographies and jurisdictions.
Bailard Switches to Indata's iPM Cloud
Asset management firm Bailard, which is headquartered on the outskirts of San Francisco, is now live on Indata's iPM Cloud platform, the vendor's hosted environment.