Buy-Side Technology - 2009-03-01
Articles in this issue
Kx and First Derivatives sign OEM agreement
Kx Systems, a provider of database and time-series analysis technology, has signed an OEM (original equipment manufacturer) agreement with First Derivatives (FDP), a provider of products and services to the capital market technology sector.
Miller's crossing
Paul Miller recently left specialist buy-side consultancy Morse, although he is still participating in the consulting game - but this time for himself. Victor Anderson speaks to him about technology rationalisation across the buy side, the need for tight…
Tradar publishes ‘multi-prime' white paper
Tradar, the London-based provider of software and services to the hedge fund industry, has published a white paper aimed at guiding fund managers through the operational and technological challenges associated with using multiple prime brokers.
AQR signs with Scalent for virtualised infrastructure
AQR Capital Management, a Connecticut-based investment and hedge fund manager, has undertaken an upgrade of its data centre infrastructure using Scalent Systems' Virtual Operating Environment (V/OE) software.
Seasons Capital enhances risk capabilities
San Francisco-based long/short equity investment manager Seasons Capital Management has selected Imagine Software's Derivatives.com service to support its risk management needs.
SunGard rolls out European managed access and SOR services
SunGard has completed the roll-out of its new ASP-based managed access and smart order routing services for major European equity trading platforms.
TKS enhances Penny platform
TKS Solutions, a provider of partnership and shareholder accounting products for the financial industry, has enhanced its flagship offering, Penny - It Works.
Quant manager takes CEP route with StreamBase
PhaseCapital, a Boston-based quantitative investment manager, has implemented StreamBase's complex event processing (CEP) technology to develop a proprietary high-frequency trading and execution platform.
Standard Chartered implements FX Market Aggregation Accelerator
Standard Chartered Bank is live with the Progress Apama FX Market Aggregation Accelerator in a distributed deployment spanning FX desks in three continents.
Instinet Europe trading on SmartPool
Instinet, a provider of electronic trading and agency-only brokerage services, has announced that its European agency brokerage subsidiary, Instinet Europe, has completed conformance testing on SmartPool, a new non-displayed MTF for block trading…
Registration redux
For months now, hedge fund industry participants have anticipated greater regulatoryinvolvement by the US government. But while no concrete regulatory requirement yet exists for hedge funds, proposed rules pushing for hedge fund registration under the…
Asian buy-side firms move towards more advanced trading technologies
With assets under management topping $8 trillion as of 2007, the Asian and Australian traditional asset management and hedge fund industries present technology providers with major expansion opportunities, but the drive to increase adoption of electronic…
Long-distance infrastructure
For New York-based global hedge fund and investment firm Marathon Asset Management, best-of-breed and off-the-shelf became mutually exclusive concepts early in its development. After identifying a number of crucial advantages in developing proprietary…
Chi-X Europe to offer CCP interoperability
Chi-X Europe, operator of the largest pan-European equity multilateral trading facility (MTF), intends to introduce what it calls a 'user choice' clearing model following the memorandum of understanding signed by European Multilateral Clearing Facility…
The evolving role of the buy-side project manager
The buy side is currently facing a number of acute challenges including the need to improve the efficiency and discipline of business processes, implement technology to enhance client service, manage risk, support the introduction of new asset classes…
Gartmore connects to Calastone for funds distribution
London-based fund manager Gartmore Investment Management has signed an agreement to offer its funds via Calastone's distribution channels.
Spotlight on Richard Tibbetts
StreamBase Systems has promoted one of its founders, Richard Tibbetts, to chief technology officer. He speaks with Stewart Eisenhart about ongoing efforts to expand the use of complex event processing among buy-side managers, as well as his work on the…
Algo banks on the buy side
One name, arguably now more so than any other, is synonymous with risk management technology: Algorithmics. In the past, however, Algo's offerings enjoyed strong sell-side traction but only relatively modest buy-side up-take due to a blend of heady price…
Reining in derivatives
Expectations are high that new US Congressional efforts to require hedge fund registration with the SEC will succeed this year, opening the door to greater oversight of the industry by a regulator no doubt eager to prove its mettle following the…
Omgeo unveils counterparty risk offering
Omgeo has announced the availability of its counterparty risk management platform, comprising Omgeo ProtoColl (formerly Allustra Kyros), the firm's automated collateral management offering; and Omgeo CrossCheck (formerly Global Electronic Market's FpML…
New ClariFI release targets 'quantimental' managers
New York based ClariFI, a wholly owned subsidiary of Standard & Poor's and part of S&P's Capital IQ business, has unveiled the latest version of its flagship offering, ModelStation v4.0. The most significant enhancement in 4.0 is the inclusion of Event…
USAble Life selects iWorks
USAble Life has selected SunGard's iWorks to help it build, deploy, administer and sell group insurance and worksite products as well as provide a web-enabled business environment to its clients and partners.
Advent expands Geneva hosting partnership with Paladyne
Advent Software and Paladyne systems have expanded their partnership under which Paladyne hosts Advent's Geneva investment accounting platform.
Commercial Union signs with Linedata for Poland fund compliance
Commercial Union Mutual Funds Company in Poland with approximately $1.9 billion under management has signed with Linedata Systems for the vendor's Linedata Compliance application.
Twittering on the trading floor
Social networking site meets buy-side trading? The latest Web 2.0 phenomenon, Twitter, functions in many of the same ways as its mainstream brethren, MySpace and Facebook, but its uses continue to evolve. Perhaps the most interesting development is that…
YouDevise Bolsters TIM analysis
YouDevise, a London-based provider of technology for distributing trade ideas between dealers and buy-side clients, has added new features to its Trade Idea Monitor (TIM) platform to perform more detailed sentiment analysis and more flexible reporting…
New ClariFI release targets ‘quantimental' managers
New York based ClariFI, a wholly owned subsidiary of Standard & Poor's and part of S&P's Capital IQ business, has unveiled the latest version of its flagship offering, ModelStation v4.0. The most significant enhancement in 4.0 is the inclusion of Event…
Editor's Letter - Coming, ready or not
Hedge fund registrations in the US are back on the agenda. But this time the Securities and Exchange Commission (SEC) has some heavy-hitting artillery behind it in the form of the recently introduced Hedge Fund Transparency Act in the US Senate and the…
National Securities live on SunGard's Brass OMS
National Securities, an independent full service brokerage, is live on SunGard's Brass OMS using the new Brass ASP virtual server delivery model.
Markit tweaks Boat pricing model
Markit has introduced a new pricing schedule for its Markit Boat Data service.
