Trading Tech
Instinet Enhances Newport EMS to Help Reduce Operational Risk
Instinet has added a new tool, dubbed OneTicket, to its Newport enterprise management system (EMS) that will allow users to reduce operational risk. In this latest release, the New York-based broker also added new functionality including connectivity to…
Clearstream and 360T Partner for Tri-Party Repo Service
Deutsche Börse's post-trade arm, Clearstream, and front office tech vendor 360T have announced the launch of a tri-party repo service that combines the former's collateral management capabilities with the latter's trading systems.
Quartet FS Increases Accessibility of ActivePivot Server
In-memory analytics provider Quartet FS has announced that its ActivePivot Server engine is now accessible from a greater number of front-end user interfaces.
James Rundle: Hail to the King
The NYSE–ICE tie-up creates a derivatives leviathan in global markets, but raises questions about the future of the European landscape, James says.
Bridgewater Taps Northern Trust for Hedge Fund Servicing
Bridgewater Associates has selected Northern Trust for hedge fund servicing as it tries to improve its middle- and back- office processes.
Credit Valuation Challenge
Following the financial crisis and the subsequent influx of new regulation into the capital markets, credit valuation adjustment has seen a significant uptick in interest among financial services firms. For large-scale banks and other entities with…
Fragmentation Down Under
Chi-X Australia’s launch in October 2011 posed the first challenge to the monopoly enjoyed by the Australian Securities Exchange since its inception in 1987. Steve Dew-Jones investigates whether the change in the trading landscape has been positive for…
Fenergo: Financial Institutions Lagging Behind on Fatca
Two thirds of financial institutions are struggling to complete the client identification process necessary for compliance with the Foreign Account Tax Compliance Act (Fatca), according to a new research report published by Fenergo.
Korean Equity Firm Taps eFront for Portfolio Management, Analytics
IMM Private Equity, a South Korean firm with KRW 1.5 trillion (approximately $1.4bn) under management, has signed with Paris-based vendor eFront for portfolio management and analytics support.
BATS Document Suggests LULD Delay
A timetable for the implementation of limit-up limit-down (LULD) measures, a form of market circuit breakers in the event of wild price swings, has been published by BATS, suggesting that the enactment date of February will be postponed to April.
2013 Offers Both Familiar and Fresh Challenges
As the recycling is put out for collection, credit card bills from Christmas cause mild bouts of nausea and everyone begins to get back into their daily routines, let's take a look ahead to what's going to be important in 2013.
CTI, Markit Launch Fatca Compliance Tool
Compliance Technologies International (CTI) and Markit have launched Fatca Service Bureau to help financial institutions with compliance to the Foreign Account Tax Compliance Act (Fatca), which came into force at the start of the year.
State Street Rolls Out Compliance Assistance
State Street has developed a suite of services to assist clients with compliance testing and reporting requirements for the US Commodity Futures Trading Commission’s (CFTC) rule amendments announced last year.
CI Casa de Bolsa Taps Perseus Telecom for New York-Mexico City Connection
CI Casa de Bolsa, a brokerage house based in Mexico City, has joined Perseus Telecom's ultra-low latency network between New York and Mexico City.
Watson Wheatley Upgrades Reconciliation Software
Watson Wheatley Financial Systems has launched Version 2 of its i-Recs reconciliation software.
Thomson Reuters Launches Fatca Compliance Suite
Thomson Reuters has launched a compliance suite to help firms to get in line with the US Foreign Account Tax Compliance Act (Fatca).
BNY Mellon Receives CSD Approval
The Bank of New York (BNY) Mellon has received regulatory approval for the launch of a new Issuer Central Securities Depository (CSD).
JPMorgan Consolidates Operations with Single Platform
JPMorgan has launched a single electronic trading platform, consolidating more than 30 individual platforms onto a single user interface.
Open Platform: The Front Office in the Cloud
The need to cut costs without compromising client service and business performance is putting tremendous pressure on businesses, spurring them to evaluate their internal processes and consider moving some of these to a managed services model. The past…
Bursa Malaysia Adds MillenniumIT Surveillance System
Bursa Malaysia has gone live with the SurveillanceTM System for trade oversight from MillenniumIT, part of the London Stock Exchange Group.
DTCC Now Disseminating Swap Prices and Data
The Depository Trust and Clearing Corporation (DTCC) has announced the successful receipt of swap prices and transaction data at its DTCC Data Repository (DDR).
