Emerging Technologies
Guggenheim's Joseph Lodato Pulls Tech, Compliance Together
Anthony Malakian sits down with Joseph Lodato, chief compliance officer at Guggenheim Securities, to discuss the need for compliance and technology to work together in the current regulatory environment. Photos by Timothy Fadek
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…
Datactics Adds CTO, Board Member
Dale Richards, a financial industry operations consultant, has joined the data services provider in its new push into the industry
Opening Cross: In Data, as in Baseball, a Great Captain Unites His Team
Whether you’re a Yankee or Red Sox supporter, you have to take your hat off to Yankees captain Derek Jeter: in his last game at Yankee Stadium, he not only made a respectful exit in front of a sold-out crowd of home fans, but also saved the day with a…
Bill Gross Departs Pimco, Joins Janus
The chief investment officer and co-founder of the Allianz-owned bond giant left today in a surprise move, and will join Denver-based asset manager Janus Capital.
James Rundle: Off the Record
The willingness of the financial services industry to publicly discuss topics that were once taboo is encouraging, James says, but more needs to be done to guard against severe risks.
Tim Bourgaize Murray: Where You’re Going; Where You’ve Come From
After a summer’s worth of speaking with boutique fund executives, Tim reflects on what must be the most diverse financial services market segment, having learned that small doesn’t always mean simple.
Michael Shashoua: Simplicity and Security
As efforts to simplify and coordinate golden copy data continue, and data security directives take effect, the interdependence of data operations and data governance becomes clear. Michael looks at how changes to one aspect of data management may affect…
Max Bowie: Wherefore Art Thou, Transparency?
In the wake of the financial crisis, regulators and market participants have focused on making illiquid assets and imperfect market structures more transparent. But the market for data to support that transparency is somewhat less transparent. So if data…
UTP to Decide SIP Processor in Oct., After Renewing Nasdaq as SIP Administrator
The UTP Operating Committee, the industry body that oversees the operation of the US consolidated feed of quote and trade data on Tape C Nasdaq-listed stocks, will appoint a new tape processor next month, after selecting Nasdaq OMX as administrator of…
October 2014: The Brutal ‘Logic’ of Consumer Behavior
What does it take for a financial technology vendor to win a contract? Victor says that sometimes it's a simple as showing up on time and meeting deadlines.
Born Taps NYSE's Dimtsis for Canada Sales
Born Technology, a Chicago-based exchange connectivity and co-location technology provider, has hired Paul Dimtsis as managing director of sales, based in Toronto.
Groetch Lands Top US Role at Lombard Risk
Lombard Risk Management, the London-based provider of regulatory reporting, compliance and collateral management technology to the capital markets, has promoted John Groetch to MD for the Americas.
DTCC Partners FS-IAC for Cybersecurity Venture
The Depository Trust and Clearing Corporation (DTCC) and the Financial Services Information and Analysis Center (FS-IAC) have announced a joint venture, Soltra, for cybersecurity offerings.
Tiger Sinks Claws into Hudson Fiber
Tiger Infrastructure Partners, a private equity firm specializing in investing in mid-market infrastructure assets, has acquired an undisclosed majority stake in Paramus, NJ-based low-latency network provider Hudson Fiber Network, to expand the vendor's…
Thomson Reuters Integrates Markit Directory into Eikon Messenger
Thomson Reuters has integrated the Markit Directory "phone book" component of Markit's Collaboration Services messaging platform into its Eikon Messenger chat tool, as part of an ongoing industry project to build an open messaging network for financial…
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.
Exceed, Nasdaq Ally for Structured Investment Indexes, Data Distribution
New York-based boutique financial services firm Exceed Investments is launching a new family of indexes, dubbed the Nasdaq Exceed Structured Indexes, in partnership with Nasdaq OMX. The new indexes are designed to deliver the predictability of structured…
StatPro Taps Thompson for Client Integrations
Data and portfolio analytics provider StatPro has hired Ian Thompson as client integration director, responsible for helping the vendor's product development teams to smoothly transition clients to its cloud-based StatPro Revolution analytics platform…
Voltaire Keeps Up with the Jones
London-based valuation risk advisory firm Voltaire Advisors has appointed Peter Jones senior partner, with responsibility for creating and growing its online community of valuations and risk professionals, and for producing its Valuation Risk Briefing…
Teknometry Names Howland as Director
Performance analysis vendor Teknometry has appointed Anthony Howland as a director.
ICE Completes Nyfix, Metabit Sale
The Intercontinental Exchange (ICE) Group has announced that its sale of the Nyfix and Metabit businesses, instigated after its purchase of NYSE Euronext, have been completed.
VWD Grows Index Content with iQ-Foxx Data
Frankfurt-based market data vendor VWD has added data on Austrian index provider iQ-Foxx’s smart beta indexes to its data products, in a move that officials say will allow users to reduce portfolio volatility, allowing them to increase their holdings in…
Opening Cross: The Challenge of Achieving True Data Transparency
Transparency has been a focus for regulators and market participants in the wake of the financial crisis as they try to combat the potential impact of illiquid assets and imperfect market structures. And transparency—albeit of a different sort—was also a…