Emerging Technologies
Broadridge Buys Bonaire in Continued Buy-Side Push
Broadridge Financial Solutions has acquired buy-side focused vendor Bonaire Software Solutions for an undisclosed sum. The deal is expected to close next month.
Bloomberg Bows Range of OTC Indexes
The data giant unveils a play for OTC index business, leveraging its existing index and analytics tools, and market penetration.
Gulf Continues to Exist Between IT and Traders, Says IPC Poll
It is a frequent complaint that IT departments do not understand the needs of the business. Much rarer is when that complaint comes from the IT department itself.
Tales from Cloud City
I'm filing this letter from London's Heathrow airport, where I'm preparing to head to Singapore for our inaugural Asia-Pacific Trading Architecture Summit.
Ex-LSE CTO Paine Goes to London Metal Exchange
The London Metal Exchange (LME) has appointed former London Stock Exchange (LSE) CTO Robin Paine as its new CTO.
Futures Trade Bodies Combine as FIA Global
The Futures and Options Association (FOA) and the Futures Industry Association (FIA), trade groups representing participants in derivatives markets, have agreed to merge, and will become a single organization under the name FIA Global.
Icap Invests in Portfolio and Data Analytics Firm EFM
Interdealer broker Icap has invested in portfolio reporting and data analytics firm Enso Financial Management (EFM) to support its growth strategy.
BCS Gains FCA Authorization, Launches Brokerage
Russian financial group BCS Prime Brokerage has gained regulatory approval from the UK's Financial Conduct Authority (FCA), and is launching its international brokerage business.
Datawatch Agrees Panopticon Purchase
Big-data specialist Datawatch has announced an agreement to acquire Swedish visualization and analytics vendor Panopticon.
Lessons from the Hash Crash
Over the past few months, a series of glitches similar to the one that caused the Hash Crash has made it clear that the financial markets are at the mercy of high-frequency trading machines. Some of these systems feed mostly on social media content,…
Shanahan to Lead Omgeo's Governance, Risk, Compliance Work
Jeannie Shanahan has left State Street Global Advisors to take responsibility for Omgeo's governance, risk management and compliance projects
SS&C Names Reilly as Vice President of Institutional Outsourcing
SS&C Technologies Holdings has appointed Timothy Reilly as senior vice president of institutional outsourcing to support the growth goals of its institutional services division.
Omgeo Names Shanahan as Managing Director of GRC
Post-trade services provider Omgeo has appointed Jeannie Shanahan as managing director of governance, risk management and compliance.