Trading Tech
OMSs, EMSs Need to Embrace Data Visualization
At the TradeTech conference in New York last week, a panel discussed transparency, multi-asset capability, and the future of trade management systems.
Primatics Appoints Former OpenLink Chief Hesselbirg as CEO
Kevin Hesselbirg will immediately head up McLean, Va.-based Primatics, which provides loan accounting and valuation software for portfolio managers.
Itaú BBA Taps Broadridge for Sec Lending, Repo
Brazilian bank Itaú BBA, which is adding the US dollar-based products to its Itaú BBA USA Securities arm, is set to use Broadridge's comprehensive business process outsourcing (BPO) solution, which includes both technology provision and services hosting.
IMS HedgeOp Opens Hong Kong Office
IMS Group and HedgeOp Compliance, the buy-side consultancies which merged last year, have opened a Hong Kong office under the name, IMS HedgeOp.
Clariden Leu Selects Advent Suite
Clariden Leu UK, a London-based wealth manager focusing on ultra high net-worth investors, has opted to implement a suite of asset management applications from San Francisco-based Advent Software, a provider of software and services to the global…
Resources and Regulations Produce Pressures for European Firms
European regulators’ demands are realistic, but the incremental technology-related changes they are proposing will significantly impact overall market structure and liquidity, say panelists who spoke at last week's FIX Protocol Ltd. (FPL) EMEA Trading…
Omgeo, Enfusion Partner on Listed Derivatives
The post-trade solutions provider will connect its Central Trade Manager for domestic and cross-border exchange-traded derivatives (ETDs) with Enfusion's Integráta buy-side portfolio management solution.
Numerix Releases Server Version of CrossAsset
Numerix, a New York-based provider of cross-asset analytics for derivatives valuations and risk management, has announced the release of CrossAsset Server (CAS), which extends the features of Numerix CrossAsset─the library of market standard valuation…
PhilipCapital Taps Orc for NSE Connectivity
PhilipCapital, an asset management firm with $22 billion under management, has signed with Orc Software for low-latency connectivity in India.
Orange Partners Nice for Voice Recording
Orange Business Services - Trading Solutions, a provider of voice and electronic trading infrastructure, has partnered with Israel-based voice recording vendor Nice Systems to launch a new recording system.
For Emerging Markets, Electronic FX Trading Requires a New Mindset
Although the electronic trading of non-deliverable forwards (NDF) in emerging markets is growing, it needs higher participation and a shift in attitudes to become prevalent, panelists at FIX Protocol Limited's EMEA Trading Conference said last week.
SGGG Fexserv Taps Linedata for Transfer Agency in Malta
Toronto-based fund administrator SGGG Fexserv has selected the Linedata Mshare transfer agency solution to support its expanding business in Malta. This is Linedata's fifth Maltese client.
Risk, Cost and Geographical Concerns Limit Shorter Settlement Moves
As Europe moves towards T+2, or settling two days after trade date, moves to further shorten settlement cycles are unlikely to be mandated by regulators, panelists and attendees at the FPL EMEA Trading Conference said last week.
GEM Deploys StreamBase for CEP Trading
Geneva Energy Markets (GEM), a New York-based prop trading group specializing in exchange-cleared oil contracts, has deployed StreamBase for their automated trading infrastructure.
South Korean Government Approves Central Clearing
The South Korean Financial Services Commission (FSC) has announced that central counterparty clearing houses (CCPs) will be mandated for certain over-the-counter (OTC) derivatives transactions.
Staring Down the Barrel of Mifid III
Delays and frustrations could prompt a third round of reviews in Europe, which is exactly what we don't need.
Sciens Outsources Managed Account Platform to SEI
Sciens Alternative Investments, a capital management firm with approximately $4.8 billion assets under management, is outsourcing its managed account platform to SEI.
FPGA Straight Talk: Benefits Tempered by Expense, Programmer Dearth
Mohammad Darwish's company, AdvancedIO Solutions, sells field-programmable gate array (FPGA) technology. But you wouldn't know it from hearing him talk—he does not sugarcoat the hardware's flaws.
Multiple SaaS Options; Need for a Single Sign-On
One of the risks of the proliferation of Software-as-a-Service (SaaS) solutions is the need for multiple sign-ons. This was a sentiment expressed by Michael Radziemski, the chief information officer of Lord Abbett & Co.
