Trading Tech
The Best of the Sell Side in 2012
The pick of Waters' sell-side coverage from the past year.
2012: A Year of Opinions
Highlights from Waters' opinion pieces over the past year.
2012's Financial Crime Coups Raise Stakes, Anxiety
Global regulation was the year’s obsession, but criminal probes─from rate rigging to rogue trading; sanctions violations to insider bets─won the headlines in 2012. Not every financial crime has a ready tech fix, but with buy-side cornerstones like SAC…
A Look at What's to Come, and Some Friendly Advice
Anthony previews what's to come from WatersTechnology between Christmas Eve and New Year's Day, takes a look at the ICE–NYSE deal, and—for something a little different—offers advice on which Christmas ales are worth drinking this year.
NYSE Euronext Bid Puts 2012 on ICE
News of the IntercontinentalExchange’s (ICE’s) $8.2 billion cash-and-shares bid for the venerable New York Stock Exchange (NYSE) ends a year of speculation over consolidation and the future of the landmark equities operation at Broad and Wall Streets in…
Time to Ditch the Spreadsheets
The IT function, which spends somewhere between 2 and 5 percent of a company’s revenues—as much as $5 billion in some large financial services companies—still produces managerial accounting, budgeting, planning, and performance reporting on spreadsheets…
iTB, BGC Pair on Electronic Treasuries Access
The institutional fixed income software provider says its clients can now connect directly to BGC's US government bonds trading platform, eSpeed.
UBS Stung with Record Fine for Libor Manipulation
Swiss bank UBS has been fined £160 million, approximately $311 million, by the UK Financial Services Authority (FSA) for misconduct relating to the improper fixing of the London and European Interbank Offered Rates (Libor, Euribor).
Options IT, Advent Agree on IaaS Partnership
The private cloud provider, now known simply as Options, will host Advent's Geneva solution on its Options PIPE platform.
MarkitSERV Expands Ice Clear Credit Connectivity
MarkitSERV, the electronic trade processing service for over-the-counter derivative transactions, has enhanced its connectivity and trade management support for buy-side clearing of credit default swap (CDS) transactions at ICE Clear Credit. The first…
Abacus Delves Into the Voice World
Abacus, a provider of hosted IT solutions for hedge funds and private equity funds, today unveiled AbacusVoice, a voice solution in which call traffic is routed over a secure network and sheltered from traffic disruption.
Okasan Signs Fidessa for Prop Trading
Japan-based Okasan Securities has selected Fidessa's Japanese trading platform for its proprietary business.
Tiny UAT Hooks Bloomberg to Back Commission Savings Software
Tom Warren's goal was to build something that would save US shareholders $1 billion a year. On its own, the commission savings software he created with UAT co-founder Allan Chiulli might not have reached that mark. With Bloomberg's name behind it, it may…
Cofunds Taps Calastone, Barclays for Fund Settlement
London-based Cofunds has chosen Calastone and Barclays' managed fund settlement service to support its investment platform.
ConvergEx Adds PortfolioScience's Risk Management Toolset
The RiskAPI tools will be integrated directly into ConvergEx's Eze order management system (OMS).
Saudi Hollandi Ramps Up Trade Finance with Misys
Saudi Arabia's first operating bank, formed in 1926, Saudi Hollandi Bank (SHB) will employ Misys' transaction banking solution to ramp up its portfolio of cash management services that support investment in international trade.
Thoughts to Finish the Year
Wrapping up and sounding off.
Credit Suisse Chooses Market EDM Platform for Data Consolidation
Credit Suisse has selected Markit Enterprise Data Management's (EDM) platform to consolidate data management within its research department.
Fidessa Links OMS to Squawker
Block trading venue Squawker has announced that Fidessa's sell-side order management system (OMS) has been connected to its systems.
