Articles by Jake Thomases
FIX Post-Trade Group to Tackle Fixed Income, Equity Options
The industry standards body known as FIX Protocol Limited (FPL) rebranded itself as the FIX Trading Community (FTC) in August, but its mission remains the same. So too the Global Post-Trade working group within the FTC, which underwent a change last week.
AIMCo Turns to SimCorp for Investment Management
Alberta Investment Management Corporation (AIMCo) has gone live with SimCorp Dimension for automation of investment workflow.
Apama to Provide Third-Party Aggregation for EBS Direct
EBS, ICAP’s electronic foreign exchange (FX) business, has selected Apama Software AG’s platform to deliver third-party aggregation to EBS Direct, a new liquidity service with direct streaming of tailored prices.
FIX Creates Global Post-Trade Working Group
FIX Trading Community, the industry standards body, has combined its Americas Buy-side Post-Trade working group with its EMEA Post-Trade working group to form the Global Post-Trade working group. The decision to merge the two existing groups was made in…
Visualization Tools Highlight Linedata Global Hedge Version 6.2
More even than compliance, Linedata’s hedge fund clients have been asking for help with real-time P&L and exposure management. Older versions of the Linedata Global Hedge product already included the requisite analytics, but its latest, version 6.2,…
SAP Makes a Push in Financial Services
SAP operates across 25 industries. Four years ago, according to a representative of the German software giant, financial services was the 16th most significant of those, squeezing just in between chemical and footwear and apparel.
BGC Gets Temporary SEF Approval
BGC Derivative Markets has received temporary registration approval from the US Commodity Futures Trading Commission (CFTC) to operate a swap execution facility (SEF).
Tech Questions Loom After Major Exchanges Tie the Knot
A period where no meaningful exchange M&A made it to the finish line has been followed by two announced megadeals that appear likely to be approved. Jake Thomases looks at what IT advantage is gained by such massive mergers, and whether these latest…
Options Deploys Arista's Low-Latency Switching
Options, the New York-based private financial cloud provider, has deployed Arista Networks’ new low-latency switching for the firm’s ultra-low latency co-location clients in European exchange hosting facilities operated by the London Stock Exchange (LSE)…
VoltDB to Provide Database to Eagle for Big Data
Eagle Investment Systems, a BNY Mellon subsidiary has agreed to distribute the in-memory relational database from Billerica, Massachusetts-based VoltDB for delivering real-time analytics and decisioning capabilities to clients.
CME Applies for SEF Status
CME Group has filed an application to be registered as a swap execution facility (SEF) with the Commodity Futures Trading Commission (CFTC).
NYSE Tech and First Derivatives Offer Tick-as-a-Service
NYSE Technologies, the commercial technology division of NYSE Euronext, will be working with First Derivatives, a provider of software and consulting services based in Northern Ireland, to create a new suite of historical data “as-a-service” solutions.
Arista to Improve Performance of S&P Cap IQ DMA Service
Arista Networks, the Santa Clara, California, cloud networking provider, will provide S&P Capital IQ Real-Time Solutions’ clients with advanced data transfer speeds and improved performance via the firm’s QuantLINK offering.
UBS and NRI Make Offering to Japanese BDs
UBS has paired with Tokyo-based systems provider Nomura Research Institute (NRI) to offer middle- and back-office solutions for Japanese broker-dealers seeking to expand across the Asia-Pacific region.
NYSE Tech and Koscom to Cross-Connect Trading
NYSE Technologies, the commercial technology division of NYSE Euronext, have signed a Global Trading Hub Connectivity Agreement with Koscom, the technology firm created by the Korean Ministry of Finance and Korea Exchange, as a follow-up to their 2012…
Aquis Exchange Connects to Savvis
Savvis, a Missouri-based cloud infrastructure and hosting specialist, will expand connectivity to Aquis Exchange, the proposed pan-European equities trading exchange and software developer, via Savvis Markets Infrastructure. The connection will provide…
QED Adds Varden Reporting to its Toolbox
QED Financial Systems, a portfolio management solutions provider based in Marlton, New Jersey, has signed an agreement with Boston-based Varden Technologies to resell Varden’s reporting and communications platforms.
Fenics to Provide FX Options Analysis to Shanghai Bank
Bank of Communications (BoC), a financial services group based in Shanghai, has licensed Fenics Professional, a pricing and risk management system for foreign exchange (FX) options from GFI subsidiary Fenics.
MarkitSERV Connects to Nasdaq for FX Clearing
MarkitSERV, Markit’s electronic trade processing service for over-the-counter (OTC) derivative transactions, will be the first middleware provider to deliver foreign exchange (FX) trades for clearing to Nasdaq OMX.
Nasdaq's Genium INET to Power German Exchange
Boerse Stuttgart, a 150-year old exchange serving private investors, has selected Nasdaq OMX’s Genium INET trading technology to power its market.
Quants Get New Analytics with RTS Update
RTS Realtime Systems Group (RTS), a Frankfurt-based trading solutions provider, has launched version 2.0 of RTD Tango Quant, which designs and executes automated trading strategies for quant traders.
Citi Clients to Get DMA and Algos Trading in Moscow
Citi plans to begin offering clients algorithmic trading and direct market access (DMA) to securities traded on the Moscow Exchange this month.
Malaysia's KIB Picks SS&C for Investment Ops
Kenanga Investors Berhad (KIB), an asset manager based in Kuala Lumpur, has selected SS&C Portia, a middle-to-back office investment operations platform, to support its investment management business.
Wainwright Takes Over Financial Services Business at SAP
SAP, the Walldorf, Germany-based software company, today announced the appointment of Ross Wainwright as its global head of financial services industries.