Trading Tech
BI-SAM to Expand Asia-Pacific Operations
Paris-based vendor BI-SAM is expanding its operations in Asia-Pacific to support the growth occurring in the region.
Interbolsa Takes Swift VAN for T2S
Portugal's central securities depository (CSD) operator, Interbolsa, has signed on for Swift's value added network (VAN), a key aspect of connectivity to the Target2-Securities (T2S) platform
Q&A With Wolverine's Kevin Kernan
Kernan, director of product development at Wolverine Execution Services (WEX), dishes on his firm's algorithmic adaptations.
Cleartrade Exchange Launches Reporting Service for OTC Derivatives
Cleartrade Exchange (CLTX) has launched a third-party reporting service, through an electronic connection to the swap data repository (SDR) owned by the Depository Trust & Clearing Corporation (DTCC).
KPMG Selects SunGard’s Adaptiv to Help German Clients with CVA
KPMG has selected SunGard’s Adaptiv Analytics to support its German clients with assessments of credit valuation adjustment (CVA), and derivatives exposures for default-risk steering and regulatory capital calculations under Basel III.
Nasdaq Banks on Mid-East Sukuk Platform
Nasdaq Dubai is preparing to launch a platform dedicated to the trading of Islamic bonds, known as sukuk, and conventional bonds.
Rapid Addition Partners with Azul Systems to Enhance its Java Virtual Machine
Trading technology provider Rapid Addition has announced its partnership with Azul Systems to offer low latency, jitter-free Java trading engines.
BAML Exec: "Granular Data Creates Aggregation Challenges"
A Bank of America Merrill Lynch director told delegates at this week's North American Financial Information Summit that firms face challenges aggregating the more granular data now required for risk management
BGI’s IBOR System Offered Strengths, But Also Weaknesses
During a case study presentation at the recent Buy-Side Technology European Summit 2013, Jon Rushman, professor of practice in the finance group at Warwick Business School, outlined construction methods for an Investment Book of Record (IBOR) system,…
Société Générale Bank & Trust Migrates to Private Cloud
Société Générale Bank & Trust (SGBT), the Luxembourg-based private banking arm of Société Générale, has completed a two-year project to migrate its core banking system to a cloud-based architecture.
ConvergEx Upgrades MillenniumSM ATS
New York-based agency broker, ConvergEx Group, has upgraded its MillenniumSM Alternative Trading System (ATS), reducing its trading latency by 75 percent.
Bloomberg Releases IB Dealing for FX Traders
The chat-based platform, called Instant Bloomberg (IB) Dealing, is now being used for trade negotiation and execution by more than 100 banks globally.
Westpac Taps Broadway Technology for Global FX
The Sydney-based bank's institutional arm says it will deploy Broadway's high-performance TOC software platform to back increased trading activities in Australian (AUD) and New Zealand (NZD) dollars, key Asian currencies, and the mainstay G3: US dollars,…