Buy-Side Technology - 2009-09-01

Bells and whistles

Finally, it seems like the internet innovations of the past couple of years are trickling through into financial applications. There has recently been a big push among client-facing financial organisations to provide richer, better tools to their buy…

Markit under DOJ microscope

The US government's ongoing efforts to rein in unregulated OTC derivatives may have landed credit market and pricing data provider Markit in hot water - or at least caused an operational headache - just as the firm is set to launch its new MarktiSERV…

Spotlight on Arun Sarwal

Arun Sarwal, ex-chief operating officer at Scottish Widows Investment Partnership, was recently named chief executive of DST Global Solutions' investment management solutions division. He will oversee three areas: asset servicing and investment…

Direct Access adds compliance app to services

Direct Access Partners, the New York-based institutional agency brokerage that provides hedge funds with institutional trading support services, will add C3's compliance software to its suite of services. C3's compliance reporting and communications…

Open source

Betsy Anderson, Ignis Asset Management's head of centralised dealing, has, since she joined the Glasgow-based fund manager a decade ago, built up an enviable dealing operation that owes much of its development to its underlying technology and her…

Chi-Vision consolidation service live

Chi-X Europe, operator of the pan-European equity multilateral trading facility (MTF), has launched Chi-Vision, its smart liquidity consolidation service. Chi-Vision (Venue Interfaced Smart Interactive Order Network) offers access to Chi-X Europe's MTF…

Risk professionals suffer fall in compensation packages

Risk Talent Associates, the New York-based risk management executive search firm has published its fifth annual Professional Compensation Survey - Asset Management . It reveals that total compensation packages for risk professionals in the asset…

Changing equity markets test buy-side traders

Market volatility, counterparty risk and other issues are posing significant challenges to buy-side equity traders at the same time that their brokers are having to rethink their own business models. A new Tabb Group report, Equity trading in transition:…

Performance precedents

Performance measurement, has in recent years moved into the front office, as buy-side firms look to integrate performance into a single, integrated platform. This move has been accompanied by compressed reporting timeframes and the emergence of risk as…

Month in Numbers

"The broker-dealer community is looking at ways to offer models and features less reliant on historical data - models that utilise decision-making and are more intelligent regarding current and predictive market conditions"

Quantifi unveils Version 9.2

Quantifi, the London-based provider of analytics and risk management products to the global credit markets, has released Version 9.2 (V9.2) of its pricing, hedging and risk analysis software. New features in Quantifi V9.2 include:

Funds and administrators take a pummeling

New York-based consultancy Carbon360¢ª is due to release its fourth annual Carbon360° Fund Administration Fact Book in the coming weeks. The 2009 version is a 300-page report on all of the 130 fund administrators and the alternatives industry. This year…

Charles River signs South Africa's Public Investment Corporation

Public Investment Corporation (PIC), one of the largest investment managers in Africa, with approximately $100bn under management, has selected the Charles River Investment Management System (Charles River IMS) for its fixed-income trading and portfolio…

SunGard and iShares launch ETF service

SunGard, in conjunction with iShares, a global provider of exchange-traded funds (ETFs), is set to launch a new service to help advisers and third-party administrators (TPAs) incorporate ETFs as standard options in retirement plans. SunGard's ETF…

Spectrum signs up with Fiserv

Spectrum Global Fund Administration, a Chicago-based hedge-fund and fund-of-funds administrator with just under 200 clients, has implemented Fiserv's Accurate platform for automated reconciliation and exception management.

Editor's Letter - Pressure to perform

In the investment management industry, performance is everything. It matters not a jot how well celebrated a fund's principals are, how long and blemish-free their track records are, or how good last year's returns were, if this year, this quarter, this…

Sophis signs first Australian buy-side client

Brisbane-based institutional investment manager QIC, which has $65bn under management, has begun implementing Sophis's portfolio and risk management platform VALUE. The platform will increase QIC's risk management capabilities as well as enhance data…

Markit and the DTCC unveil OTC derivatives joint venture

Markit and The Depository Trust & Clearing Corporation (DTCC) have announced the September 1 launch of MarkitSERV, a new company combining the two organisations' electronic trade confirmation and workflow platforms to provide a single gateway for over…

StatPro signs Ridgewood Capital

Toronto-based Ridgewood Capital Asset Management (RCAM) has signed a multi-year deal with StatPro, the Wimbledon UK-based provider of portfolio analytics and data services to the global asset management industry. Ridgewood Capital, which currently…