Tech
CME Clearing Europe Selects BNY Mellon as CSD
CME Clearing Europe has become a client of the central securities depository (CSD) operated by BNY Mellon, the bank has announced.
What Fintech’s Women Want
Tim reflects on an important but somehow still under-scrutinized problem discussed by this month’s Waters profile subject Dayna Corlito. When it comes to women in financial technology leadership, how can the industry change one reality, while facing up…
SunGard Wins Big in Singapore
SunGard has announced a raft of contract wins in Singapore for its managed services offering.
Saxo Appoints Ex-FOA CEO
Saxo Capital Markets UK has announced that Anthony Belchambers, former CEO of the Futures and Options Associations (FOA) will join the firm as a non-executive director.
Corlito's Way: BTG Pactual COO Dayna Corlito
Thousands of miles from Copacabana Beach, BTG Pactual is doing things a once-small banking partnership from an emerging market shouldn’t be able to—managing a diverse group of admired hedge funds. Yes, the firm’s successful foray into asset management…
State Street Appoints Keogh Head of Alternative Investment Solutions for APAC
State Street Corporation has appointed Bob Keogh as its head of Alternative Investment Solutions (AIS) for Asia Pacific on the back of rising demand for alternative investment servicing in the region.
Ex-Millennium Partners CTA Spinoff Taps Liquid
The Mada Group, a recently-launched commodity trading advisor (CTA) specializing in energy, agriculture, and metals futures, has chosen Liquid for its investment processes and middle-office operations.
Deutsche Bank Singapore Taps Avaloq for its Wealth Management Back Office Services
Deutsche Asset and Wealth Management, a division of the Deutsche Bank Group, has selected Avaloq Sourcing Asia Pacific, a subsidiary of Avaloq Group, to provide back offices services to its wealth management arm in Singapore.
Asset Control Finds its Feet in Singapore
Asset Control's consolidation of its offices in the Asia-Pacific region is generating positive feedback from clients, according to Franck Peltier, MD of the New York-based data management technology and services provider.
Deutsche Bank Appoints Massion as Japan GTB Chief
Deutsche Bank has appointed Peter Massion as its head of global transaction banking (GTB) and head of trade finance and cash management corporates (CMC) in Japan.
Michael Shashoua: Figures, Guts and Glory
Diving deep into fantasy football yields insights on the need to balance strict adherence to quantitative data with room for interpretation and inclusion of qualitative information. Michael shares some examples from the football world and how they apply…
Max Bowie: Are You Getting the Message?
Instant messaging conversations to share information and negotiate trades are a staple of the modern trader’s workflow. But with recent events leaving market participants wary of messaging platforms, Max wonders whether firms examining new initiatives,…
James Rundle: Reporting for Duty
While Europe is forging ahead with its new reporting requirements, James says that problems with the basic elements are rendering it unfit for purpose.
Nobody Reads These Things Anyway, Right?
Deutsche's FCA penalty leads this week's coverage.
September 2014: Change Is the Only Constant
Machine learning and artificial intelligences are reshaping algorithms into adaptive programs that can adjust on the fly, which Victor says could end up all but eradicating losses.
Barclays Plans Texas Tech Center
Barclays will open a technology campus located in McKinney, Texas, and aims to move in by fall 2014, the town's development body has announced.
Dark Pools in the Firing Line
As the New York attorney general, the SEC and Finra set their sights on dark pool trading, larger market structure issues are coming to the fore that will force institutional traders to reexamine how they seek out liquidity. By Anthony Malakian
DTCC Seeks to Expand Real-Time Submission
With an eye on moving the industry forward and increasing efficiency in trade clearance submissions, the DTCC held a forum with the NSCC and industry participants focused on how to reduce risk and streamline the process.
BondHawk Launches Fixed-Income Platform
BondHawk Systems has announced the release of its BondHawk Trader platform, focusing on fixed-income trading on both the buy and sell sides.
Firms Eye Disaster Recovery Amid Increasingly Interconnected Markets
After the recent cyber-attack against the European Central Bank, the financial industry is taking another look at business continuity and resilience. As the marketplace grows in complexity and participants become increasingly interconnected, disaster…
KRX Adds Real-Time Price Banding
The Korea Exchange (KRX) has announced new safety measures for its derivatives market, introducing real-time price banding to prevent mass fluctuations.
BlackRock's Aladdin: More Powerful Than Politics?
Bold, hyperbolic statements about technology are commonplace in 2014, whether reveling in its potential or damning its influence. Tim examines one such argument that takes the latter bent, relating to BlackRock's massive Aladdin platform.
Ghost in the Shell: AI Expands Beyond Algos
As market movements become faster and more complex, it is impossible for humans to react quickly enough to those changes, requiring machines to step in. Now, artificial intelligence is extending its reach beyond algorithms, permeating other aspects of…
FCA Fines Deutsche Bank for Extensive Reporting Errors
The UK Financial Conduct Authority (FCA) has levied a fine of £4.7 million (approximately $7.8 million) on Deutsche Bank for submitting nearly 30 million incorrect trading reports over a number of years.