Tech
Montag Becomes Sole COO at Bank of America
Thomas Montag will become the only chief operating officer (COO) at Bank of America after his co-COO, David Darnell, accepted a new title at the tier-one firm.
Swedish Pension Fund AP3 Rolls Out SuperDerivatives DataX, DGX Direct
Swedish national pension fund AP3, with SEK 258.5 billion ($38.7 billion) has rolled out over-the-counter pricing and risk management software vendor SuperDerivatives' DataX market data service for investment analysis and valuation, as well as the vendor…
As Prime Brokers Lack Sufficient Sales Oversight, Clients Step Up
Ultra high-net-worth (UHNW) individuals and family offices are beginning to more closely monitor the fees and servicing agreements attached to products their intermediaries are selling them. The sell side could do them one better, though, and get there…
Deutsche Bank Adds Shannon, Marcar to Technology Team
Deutsche Bank announced two senior appointments to its technology and operations team in an effort to bolster the group’s leadership.
Data, Not Technology, is Key to Improve Market Surveillance, Says CMCRC
When it comes to market surveillance data—and not technology—is the real issue, according to the Capital Markets Cooperative Research Centre (CMCRC), a Sydney-based think tank funded by the Australian government.
Breaking Down the Doors
China Connect, algorithm libraries and the Buy-Side Technology Awards lead this week's coverage.
Caplin Launches Mobile Trading App for FX
Caplin Systems has announced the release of its mobile trading application for foreign exchange (FX), Caplin FX Mobile.
Can Tier-One Sell Sides Adopt a Buy-Side Mentality?
Quite often, obvious technical differences are highlighted between the largest global investment banks and the smaller buy-side shops who are their clients. Does a proclivity for that kind of thinking ultimately hold them back? Tim tries out a football…
GreySpark Study Yields Pre-Trade Risk Best Practices
Recently published research from London-based capital markets consultancy GreySpark Partners has yielded a number of best practices designed to help sell-side firms manage a range of risks associated with their electronic trading activities.
Bowles Joins LSEG Board
Sharon Bowles has been appointed as a non-executive director at the London Stock Exchange Group (LSEG). With the new appointment, the LSEG hopes to further its understanding and experience of UK and European politics, economics, and regulations affecting…
SimCorp Adds Data Capabilities in Dimension 5.6
Copenhagen-headquartered vendor SimCorp has announced the latest release of its flagship Dimension platform, which includes data capabilities specifically geared toward asset managers and owners.
South Korea to Raise Stock Price Movement Limit
With an eye on reviving its economy, South Korea will move the daily price movement limit on stocks from 15 to 30 percent, according to a report from Reuters.
IPC Appoints Barua as Chief Executive Officer
On Tuesday IPC, the network and trading turret provider, appointed Neil Barua as its chief executive officer with immediate effect.
MillenniumIT Preps Surveillance Algo Library
Market surveillance and compliance teams always have one perpetual challenge in modern markets: staying ahead of the curve.
Performance Measurement: The Devil’s in the Data
Performance measurement has always been one of the most crucial business processes that all buy-side firms need to manage, irrespective of their investment strategies and the complexity of their operating models. Victor Anderson recently caught up with…
Fidessa Signs Five for China Connect
Five brokers have enlisted Fidessa to assist with connectivity for the upcoming Shanghai-Hong Kong Stock Connect program, ahead of its go-live in mid-October.
Traiana Upgrades Matching Engine
Traiana has announced the launch of its new cross-asset matching, allocation and confirmation engine, Harmony Securities.
Options Integrates Markit’s Collaboration Services Network
Cloud provider Options has integrated Markit’s Collaboration Services network, its message-interoperability technology, into its core platform to allow clients to communicate and share information seamlessly with industry peers, regardless of their…
BMO Selects Charles River IMS
BMO Global Asset Management (GAM) has selected Charles River's Investment Management Solution (IMS) for use in its London and Hong Kong operations, the vendor has announced.
Thomson Reuters Launches Buy-Side App on Eikon
In an effort to enable the buy-side community to quickly monitor and review significant activities impacting companies in their portfolios and coverage lists, Thomson Reuters has announced the launch of Watchlist Pulse, an application for its Eikon data…
ITG Appoints Millet to Board of Directors
ITG has appointed Kelley Millet to its board of Directors as the firm builds upon its success in equities and expands into fixed income and other asset classes.
One Financial Markets Deploys Tradable Platform
Online broker One Financial Markets has partnered with Tradable and launched a new trading platform to attract new clients.
Faisal Selects SunGard for Risk Management
Faisal Islamic Bank of Egypt has tapped SunGard's risk management suite in order to enhance its operational apparatus, the vendor has announced.
SimCorp Taps Olivarius as Head of Marketing
SimCorp has announced the appointment of Jens Olivarius as its new head of group marketing and communications.