Articles by Marina Daras
State Street TruCross/FX Platform Goes Live
State Street Global Markets has announced that its TruCross/FX foreign exchange (FX) spot benchmark execution platform, overseen by State Street Global Markets' agency FX unit, is now live.
FICO Updates Analytic Model Management Tool
FICO has announced the release of Model Central 5.0, an updated version of its analytic-model management solution.
Bitcoin Exchange Netagio Launches API
UK Bitcoin exchange Netagio has announced the launch of its own application programming interface (API) to give its users faster electronic market connectivity and allow them to fully automate their trading strategy on the exchange.
Neonet Connects to Turquoise Block Discovery
Agency broker Neonet will provide access to Turquoise’s dark block trading service, Turquoise Block Discovery, from its go-live date on October 20.
Nice, Truphone Partner for Call Recording Solution
Tel Aviv-based Nice Systems and Truphone have announced a partnership to provide a solution that complies with mobile record-keeping regulations.
NYSE Regulation Taps Cinnober for Market Surveillance
NYSE Group has selected Cinnober for the development and implementation of its surveillance system.
S&P Capital IQ and Kuberre Partner for Real-Time News Aggregation Tool
S&P Capital IQ and Kuberre Systems, a US-based data management and analytics vendor, have launched a new trading tool, Event Fusion, that alerts traders, market-makers and portfolio managers about relevant investment news in real time.
FCA Approves Bondcube as Crossing Network
Bondcube, an electronic fixed-income trading system that aims to match buyers and sellers of difficult bond orders, has received approval from the UK Financial Conduct Authority (FCA) to operate as a crossing network.
Jonathan Rose Joins Capco UK as Partner
Global technology consultancy Capco has appointed Jonathan Rose as a partner, joining the UK office.
TFG Financial Systems to Acquire RTS
TFG Financial Systems (TFG) has announced it has acquired US-based Risk Technology Solution (RTS) to support its portfolio risk management system and expand in the US.
IEX Taps First Derivatives for Market Surveillance
Alternative trading system IEX has selected the Delta software platform from First Derivatives for its trade surveillance and analytics capabilities.
DTCC and Euroclear to Create Collateral-Processing Joint Venture
The Depository Trust and Clearing Corp. (DTCC) and Euroclear have established a joint venture that will offer market participants access to the Margin Transit Utility (MTU) and Collateral Management Utility (CMU) services, in line with new collateral…
Nasdaq OMX Implements T+2 in Nordic and Baltic Markets
Nasdaq OMX is set to migrate to a shortened settlement period of T+2, where the settlement of securities transactions typically takes place two days after trades are executed, for securities traded on the Nasdaq OMX Copenhagen, Helsinki, Iceland,…
Pacific Life Insurance Taps Calypso for Collateral Optimization
Pacific Life Insurance Company, a life insurance company headquartered in Newport Beach, CA has selected Calypso Technology’s Calypso Collateral Management platform to automate and optimize its collateral allocation activities.
Study Shows Asian Firms Are Not Ready for Move to T+2 For European Securities
A recent whitepaper published by Celent has revealed that 58 percent of Asian firms are not ready to comply with the shorten settlement cycle that will be implemented across Europe on 6 October.
Tri-party Agents Ready Ahead of Eurosystem Collateral Management Deadline
The European Central Bank’s (ECB's) initiative to reduce collateral fragmentation and operational risk across Europe has taken another step forward today as firms are now allowed to use tri-party collateral services for cross-border pledges to national…
SmartStream Updates Exception Management Tool
SmartStream Technologies has released a new version of its TLM Exception Management solution to provide firms with a consolidated view of their resolution process via a single platform.
Northern Trust Appoints Deustche Bank, Euroclear Ahead of T2S Implementation
Northern Trust has selected Deutsche Bank and Euroclear to support its strategy ahead of the implementation of Target2-Securities, or T2S, the centralized securities settlement system aiming at harmonizing settlement infrastructure across Europe.
Broadridge Adds Confirmation Matching Capabilities to its PROactive Suite
Broadridge Financial Solutions has released an update of its reconciliation and process management suite, PROactive, to bolster operational efficiency and servicing between buy and sell firms by adding confirmation matching capabilities.
BLK Taps VeriFIX to Enhance Quality Assurance Functionalities
Brazilian algorithmic trading technology vendor BLK Sistemas Financeiros has chosen CameronTec’s VeriFIX automated testing tools to enhance quality assurance (QA) capabilities on its RoboTrader platform.
Bred Banque Populaire Chooses SunGard’s Hosted Trading Services for Euronext Access
BRED Banque Populaire, the commercial arm of Groupe Banque Populaire Caisses d’Epargne (BPCE), one of France's largest banking groups, has extended its relationship with SunGard and is now using the vendor's Valdi Market Access platform to add hosted…
ConvergEx Launches IEX Order Routing Strategy
New York-based broker ConvergEx Group has launched a dynamic order routing strategy developed in collaboration with IEX that will allow its clients to split their orders between IEX’s Alternative Trading System (ATS) and ConvergEx's Darkest algorithm.
Euroclear, Six Securities Partner on Enhanced Global Fund Servicing
Six Securities Services and Euroclear Bank have joined forces to offer Swiss asset managers with an end-to-end fund services platform.
BCS Financial Taps Horizon’s Market-Making Platform
Russian broker BCS Financial Group has selected Horizon Software's derivatives market-making capabilities and exchange connectivity throughout Europe.