Buy-Side Technology - 2010-03-01

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…

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,…

Month in Numbers

"There will always be hedge fund managers and others who will try to ride a wave of optimism to fortune with other people's money. That mindset will return; the question is whether lenders, creditors and regulators will allow it"

Sybase acquires Aleri to strengthen CEP capabilities

Sybase, a provider of enterprise and mobile soft ware, has finalised an asset purchase agreement with Aleri, a provider of enterprise-class complex event processing (CEP) technology and CEP-based solutions. CEP plays an integral part in real-time…

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…

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…

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…

Cadis creates 'Centre for Excellence'

Cadis, the London-based buy-side data-management specialist, has launched a 'Centre for Excellence' designed to help clients to self-install Cadis implementations.

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…

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…

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…

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…

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…

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…

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.

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…

The new normal

In an exclusive interview with Buy-Side Technology 's sister magazine Credit , Pimco's Bill Gross comments on the high and low points of the past decade, the current dispensation - which he refers to as the 'new normal' - and whether market…

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…

Getting the balance right

Outsourcing is an established model for managing technology. For many buy-side firms, particularly smaller ones with increasingly complex technology demands, being able to access the services and skills-base of a large supplier can be an effective way to…

Editor's Letter - This one's a goner

Naked sponsored access is as good as gone. I cannot see how there can be any other conceivable conclusion to the SEC's January 13 proposals than an immediate ban on the practice whereby non-member trading firms are granted unsupervised access to…