Trading Tech
SmartStream Standardizes Reconciliations With New Version of TLM Product
SmartStream Technologies, the financial transaction lifecycle management specialist, has released the latest version of its reconciliations solution, TLM Reconciliations-Premium, which is designed to cut operational costs and duplication of feeds.
DTCC Pilot Introduces ISO 20022 For Distribution Events
In the third phase of its corporate actions pilot, the Depository Trust and Clearing Corporation is introducing ISO 20022 messages for distribution events such as cash dividends, stock dividends, interest payments and principal payments
Renaissance Capital Taps GATElab for Margining
Moscow-headquartered investment bank Renaissance Capital has rolled out GATElab's MICEX and FORTS HFTS Gateways for cross-asset margining.
Orange, Bloomberg Partner for Voice Record Archiving
Orange Business Services - Trading Solutions has partnered with Bloomberg to launch a cloud-based voice record archiving service.
NAS Joins Calastone's Australian Network
National Australia Bank Asset Servicing (NAS) has joined Calastone's fund transaction network, the vendor has announced, bringing its share of Australian fund managers operating on its network to 40 percent.
StatPro Adds Bottom-Up Visualization for Stock Picks
Portfolio analytics and reporting vendor StatPro has announced the addition of bottom-up stock picking analytics to its Revolution platform.
Nomura Taps NRI for Wealth Management Help
Nomura Securities has selected the NRI Advisor platform from Nomura Research Institute (NRI), the unrelated Tokyo-based systems provider. NRI Advisor, a software-as-a-service (SaaS) wealth management solution for financial advisors, gives the Nomura…
Perseus Goes Public With European Microwave Network
Perseus Telecom, a New York-based low latency network provider, has formally announced a microwave service in Europe, which launched in October.
ITRS, Verdande Partner on Systems Risk
Verdande, the case-based reasoning (CBR) systems provider based in Trondheim, Norway, will integrate its Edge platform into ITRS's Geneos application performance monitoring solution.
Integral Launches Currency Trading System
Integral Development, a Palo Alto, California-based vendor, has launched a new currency trading system for investment managers.
Back to Basics
Features and functionality are nice, but without a decent front end, even the most advanced trading engine can have a false start.
Jefferies & Co. Takes a Pair from IPC
The global investment banking group is plugging into IPC's Connexus extranet as well as the communications provider's Direct Connect data service.
Tradenext Partners Tradable for Open Source Platform
Foreign exchange (FX) broker Tradenext has announced that it will launch a co-branded trading platform along with open source tech vendor Tradable later this year.
Luxembourg Exchange, Altus to Develop Fund Market Infrastructure
The Luxembourg Stock Exchange (LSX) and tech vendor Altus have announced their cooperation over the development of market infrastructure for investment funds in Europe.
Outsourcing: In Search of Secret Sauce
Sell-side institutions continue to find value in outsourcing services, especially within the back office, but there is much room for improvement. By Steve Dew-Jones
Sentiment Analysis Still Has a Long Way to Go on Wall Street
Was DCM Capital's failure a sign that the industry is not ready for sentiment analysis? Or was it a blip? Anthony explores.
Anova and AOptix to Collaborate on Low-Latency Wireless Network
AOptix, a Campbell, California-based company that leverages optics for wireless communications, and Anova Technologies, a Chicago-based builder of low-latency networks, have formed a strategic partnership to deliver low-latency wireless communications…
Sucden Taps Currenex for FX, Bullion
Sucden Financial, the London brokerage arm of Sucres & Denrées, has chosen Currenex to provide foreign exchange (FX) and bullion trading services.
New 'Agora' Enables Shift in Quants' Roles
Flush with financial engineering knowledge as never before, firms are deploying quants to tackle new challenges. Tim Bourgaize Murray reports on a fresh discourse among them about technology—including communication, memory, and intuition—indicating a new…