Buy-Side Technology/News
eFront Expands PE Coverage with AnalytX Acquisition
eFront, which provides technology to private equity (PE) and alternative investment firms, has acquired AnalytX in a move to expand its coverage to small and mid-sized firms.
SS&C Appoints Ex-IBM Exec as Director of the Board
SS&C, the Windsor, CT-based provider of investment and financial software-enabled services, has appointed Michael Daniels, an ex-IBM senior executive, as director of its board.
Markit Builds Streaming Data TCA Tool
With the current regulatory landscape requiring more careful analysis of trading and risk at the forefront of traders’ minds, technology suppliers such as UK-based data vendor Markit are finding ways to perform critical trade analysis in real time,…
Munich Re's Asset Management Arm Selects SimCorp
Munich Ergo Asset Management GmbH (MEAG), the Bavarian insurance provider's $228 billion asset manager, will install SimCorp Dimension at its home office in Germany, as well as in Hong Kong and New York.
Scivantage Taps Tousignant for EVP Role
The Jersey City, N.J.-based technology provider says Jim Tousignant will join its ranks as executive vice president for sales and business development.
Global Prime Partners Takes Liquid OEMS
The London-based boutique brokerage known as GPP, which focuses on small buy-side shops such as hedge funds and family offices, will now offer clients Liquid's cloud-based front office and data management services.
SS&C Buys Prime Management for ILS Exposure
SS&C Technologies, a Connecticut-based software provider, has acquired Prime Management, a fund administrator and a service provider to the insurance-linked securities (ILS) market.
Buyout Specialist TowerBrook Capital Live on iLevel
TowerBrook Capital Partners, which pursues complex, control-oriented investments in large and middle market companies, is using the cloud-based software provider's private capital data platform.
AIM Software Adds Two Apps to its GAIN EDM Platform
Enterprise data management software vendor AIM Software has added GAIN Portfolio Pricing and GAIN Corporate Actions DM to its GAIN EDM platform.
FIX Post-Trade Group to Tackle Fixed Income, Equity Options
The industry standards body known as FIX Protocol Limited (FPL) rebranded itself as the FIX Trading Community (FTC) in August, but its mission remains the same. So too the Global Post-Trade working group within the FTC, which underwent a change last week.
State Street Global Exchange Adds Bohn, Hughes to Analytics Team
State Street Global Exchange, which provides data, analytics and electronic trading solutions, has added Jeffrey Bohn and Thomas Hughes to its analytics team.
AIMCo Turns to SimCorp for Investment Management
Alberta Investment Management Corporation (AIMCo) has gone live with SimCorp Dimension for automation of investment workflow.
Linedata Launches New I-BOR Solution
Paris-based buy-side vendor Linedata has launch I-BOR, an Investment Book of Records (IBOR) solution, to answer the increasing demand from its client base to establish an independent and granular view of their investment positions.
Misys Adds Medlock as CFO
Rick Medlock will join the buy-side technology provider in 2014 after leaving Inmarsat, a mobile satellite services company where he has overseen finances since 2004.
Hedgebay Launches Electronic Settlement for Secondaries
The Nassau-based platform for trading in hedge fund secondaries and related products has added the new settlement service to speed up transactions, reducing overall trading time by 20 percent.
Apama to Provide Third-Party Aggregation for EBS Direct
EBS, ICAP’s electronic foreign exchange (FX) business, has selected Apama Software AG’s platform to deliver third-party aggregation to EBS Direct, a new liquidity service with direct streaming of tailored prices.
MarketAxess SEF Online with Traiana's CreditLink
MarketAxess says it has completed the first live trade through its swap execution facility (SEF), using risk checks provided by Traiana's CreditLink hub.
Linedata Launches NAV, Unit Pricing Solution
Investment management solutions provider Linedata announced today the launch of I-CIPS, a Collective Investment Pricing System (CIPS) for net asset value (NAV) and unit pricing calculation and validation.
Numerix Introduces New Volatility Framework for CrossAsset
The universal local stochastic volatility model with jumps (ULSVJ) will help firms to price and manage semi-exotic derivatives such as barrier options, and should prove particularly useful for market makers in FX and EQ options.
Schroder Automates NAV Validation with Milestone
Schroder Investment Management (Luxembourg) has implemented Milestone Group’s pControl platform to automate its net asset value (NAV) validation processes.
Oppenheimer & Co. Goes Mobile with Interactive Data's Market-Q
The real-time streaming market data desktop and mobile solution for tablet was implemented after a comprehensive analysis of the Oppenheimer's new operating requirements was undertaken.
FIX Creates Global Post-Trade Working Group
FIX Trading Community, the industry standards body, has combined its Americas Buy-side Post-Trade working group with its EMEA Post-Trade working group to form the Global Post-Trade working group. The decision to merge the two existing groups was made in…
Visualization Tools Highlight Linedata Global Hedge Version 6.2
More even than compliance, Linedata’s hedge fund clients have been asking for help with real-time P&L and exposure management. Older versions of the Linedata Global Hedge product already included the requisite analytics, but its latest, version 6.2,…
ITG Eyes Predictive FX TCA
Agency broker and technology provider ITG launched its foreign exchange (FX) transaction cost analysis (TCA) tool last year, and is looking ahead at possible developments for the future. These include a form of day-start predictive analytics that can…