Trading Tech
Opportunities and efficiencies
This month's analyst research focuses on three diverse subjects - centralised clearing of OTC instruments; the rise in popularity of commission-sharing agreements; and the development and implementation of high-performance database systems. All three…
Many moving parts
The number of compliance issues facing the buy side has little precedent in recent history, just as managers are grappling with shifting market and risk conditions in a post-recession world. The way forward is no less challenging – the obstacle is not…
Odyssey rolls out on-boarding tool to global client base
Private banking and wealth-management software developer Odyssey Financial Technologies has made its Client On-boarding & Maintenance application for more efficient and automated account opening available worldwide.
ASB Bank completes second phase of Calypso roll-out
Auckland-based ASB Bank has completed the second phase of a Calypso project to implement its cross-asset, front-to-back treasury platform for foreign exchange, money market, interest-rate derivatives and risk (including limit management, enterprise risk,…
Spotlight on Gil Shaked
Gil Shaked, former chief executive at hedge fund service provider EXENET and managing director of Credit Suisse's Prime Services and Alternative Investments business, is no stranger to buy-side managers' concerns about latency. Now chief executive at…
GlobeOp offers Linedata ASP to long-short clients
GlobeOp Financial Services, the hedge fund administrator with $106 billion in client assets under administration, has rolled out a hosted version of Linedata Services' LongView Trading order management system fully integrated with its middle- and back…
Netage survey results highlight importance of investor portals
Netage Solutions, a Watertown, MA-based provider of CRM software and online reporting systems to the alternative asset management industry, has published the results of a recent survey in which it claims that a large portion of alternative investment…
Omgeo's Japanese presence grows
Omgeo, a provider of technology and services to support post-trade efficiency, has relaunched the Japanese-language version of its website. This comes on the back of a 27% growth in business in Japan in the past three years. Trade volumes processed…
SmartPool sets new dark pool benchmarks
SmartPool, the European dark liquidity pool created by NYSE Euronext in partnership with HSBC, JP Morgan and BNP Paribas, has reported record trading volumes for January and significant growth following its migration to NYSE Euronext's Universal Trading…
Pension power plays
In early 2009, House Call noted that $200 billion pension fund manager California Public Employees' Retirement System (CalPERS), the largest in the US, announced intentions to get tough with hedge fund managers seeking its capital, requiring more…
Advent unveils update to Axys
Advent Software has released Axys 3.8, an updated version of the San Francisco-based buy-side vendor's portfolio accounting and reporting platform. Axys 3.8 includes updates to support the 2010 Options Symbology Initiative (OSI), an industry-wide…
Risk tech reviewed
Following the market collapse of 2008, 2009 was a year when asset managers regrouped in terms of portfolio performance and operational margins, which now stand at about 15%, on average, across Europe. But what will happen in the sector this year? Where…
Thomson Reuters launches Islamic Finance Gateway
Thomson Reuters has launched its 'next generation' Islamic Finance Gateway, a global, neutral platform and directory consisting of details for and links to Islamic finance professionals, rating agencies, industry standards bodies, Islamic finance hubs,…
Pricing Partners launches Price-it VaR module
Pricing Partners, the Paris-based independent revaluation specialist and provider of mathematical models and analytics for derivatives and structured products, has released a module providing VaR and stress-test calculations. Named Price-it VaR, it is…
Exchanges Gear Up to Comply with Uptick Rule
NEW YORK-Major U.S. exchanges say modifying their trading systems to comply with the recent changes to limit short selling by the U.S. Securities and Exchange Commission (SEC) will be a coordinated effort and should be completed by the end of the year.
The Deal of the Millennium
As the CEO of an exchange technology provider, what do you do when a premier global exchange comes knocking on your door asking if you would be interested in providing them with a new trading system and also whether they could make a strategic investment…