Reconciliation Tools Made Nimble: Empaxis, SmartStream Team on Back-Office Platform

Los Angeles-based buy-side services provider Empaxis has announced at SIFMA's 2012 Tech Expo a new partnership with financial transaction lifecycle management specialist SmartStream to provide a managed trade reconciliation platform for small and medium-sized hedge funds and asset managers.

The joint turn-key offering will leverage SmartStream's reconciliation and exception management platform in combination with Empaxis' outsourced services provision for middle- and back-office workflow

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Systematic tools gain favor in fixed income

Automation is enabling systematic strategies in fixed income that were previously reserved for equities trading. The tech gap between the two may be closing, but differences remain.

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