Buy-Side Technology/News
Indus Valley Rolls Out Cloud Form PF Platform
Buy-side tech vendor Indus Valley Partners has announced a "lite" edition of its cloud-based Form PF reporting platform.
ITG Releases Closing Auction Liquidity Algo
Execution and research broker ITG has announced the release of its Dynamic Close algorithm, which pursues market liquidity in NYSE and Nasdaq closing auctions.
Northern Trust Adds Risk, Performance Info to Data Direct Platform
Northern Trust announced that it is adding additional risk and performance data that will allow institutional and wealth management clients to make more informed comparisons through its Data Direct offering.
OMS Workflow Tool Introduced by Thomson Reuters
The DataScope Workflow License (DWL) will provide a series of technical indicators to optimize investment firms' order management systems.
BNP Paribas Selects CameronTec for FIX
BNP Paribas Securities Services has chosen CameronTec's Catalys software to provide a FIX-based underpinning for its outsourced buy-side client dealing service.
BI-SAM Unveils Web-based Portfolio Management Tool
BI-SAM, the Paris-based performance, attribution, and risk management specialist, has launched B-Portal, a web-based portfolio management offering folded into the firm's B-One platform.
DCM Capital Goes Under the Hammer
DCM Capital, the sentiment analysis business spawned following the demise of CEO Paul Hawtin's ‘Twitter Fund', is up for sale.
Bank Sarasin Takes Avaloq for Islamic Finance
Bank Sarasin & Co has selected Avaloq's Islamic Banking Solution, in an effort to upgrade its range of Sharia-compliant offerings to private clients.
DataArt Expands in Ukraine
The custom software builder is set to open additional R&D outposts in the coastal city of Odessa and inland industrial center Dnipropetrovsk.
CIMB Australia Taps Broadridge for Accounting Support
Sydney-based CIMB Securities Australia, part of Malaysian execution and order management provider CIMB Group, has gone live with Broadridge's accounting solution.
BI-SAM Bolsters Americas Presence with Two Appointments
BI-SAM, the Paris-based performance, attribution, and risk management specialist, has appointed Sean Murray, head of account management and sales engineering for the Americas.
China Merchants Securities Rolls Out Algo Offering
Shenzhen-based China Merchants Securities has announced that it will be offering algorithmic strategies to its retail investor clients, with plans to extend it to buy-side institutional clients later.
TT Fills Top Buy-Side Need with Multibroker Solution
For five years, Chicago-based derivatives software vendor Trading Technologies (TT), attempted to adapt its X_Trader derivatives trading platform to incorporate multiple brokers, without success. The technology proved too complicated. Not long ago it…
TradingScreen, FXall Compete for Axa's Affections
Axa Investment Managers, a Paris-headquartered asset management firm with £460 billion (approx. $730bn) under management, has begun implementation of TradingScreen's execution management system (EMS), TradeEMS.
Citi Rolls Out Upgrades to Processing, Risk Management Solution
Citi has launched Network 3.0, which features better risk management capabilities for institutional investors, asset managers and alternative asset investors.
Options Makes it Official With Former NYSE COO
After working behind the scenes since July, Danny Moore has been officially named as COO of Options, the infrastructure-as-a-service (IaaS) provider that rebranded itself late last year, when it was known as Options IT.
Asset Value Investors Selects Paladyne Suite
Long-only asset management firm Asset Value Investors (AVI) has chosen Paladyne to support its trading, operational and connectivity requirements, the vendor has announced.
Anfang Moves to Asset Management at JPM
Richard Anfang has been appointed as JPMorgan Asset Management's CIO, in a shift from the same role in the bank's Worldwide Securities Services business.
PNT Financial Taps Orc for FX, Currency
PNT Financial, a Chicago-based trading firm, has linked up with Swedish software provider Orc to support its foreign exchange (FX) and currency market deals.
Velocimetrics Debuts V4.0 of Flow Management Product
Velocimetrics, a producer of business flow management software, has released Version 4.0 of its flagship product. The latest version has over 70 new features, including drag-and-drop configurability, new live connectivity visualization, live distribution…
Eze Castle's App Cloud Drops
Hedge funds solutions provider Eze Castle Integration (ECI) says its application delivery platform will enable app writers to give their clients faster time to value, while enabling app vendors themselves to transition to more of a Software-as-a-Service …
Electra Unveils New Fee Billing Solution
Electra Information Systems has launched a new fee calculation and revenue management system, dubbed Quantum, to help firms in the billing settlement arena. Doug Fritz, product manager at Electra, will head the initiative.
SS&C GlobeOp Unveils TNR Solution 2013
Windsor, CT-based SS&C Technologies has released the 2013 version of its TNR Solution, which it describes as an "important update" to SS&C GlobeOp's private equity technology platform.
Maitland Taps Milestone as South Africa Tightens Reporting Requirements
The Maitland Group, a Cape Town-based fund administrator with $145 billion under management, has selected Milestone Group's pControl software to respond to the stiffening reporting requirements in South Africa over the past year.