Tech
Fits and Start(up)s: Chasing New Fintech Innovation Models
Incubators, accelerators, and mentoring programs have gained favor in recent years as start-up financial technology providers look to partner with clients—and potential strategic investors—earlier in the launch process, and global financial centers seek…
Red Box Lands Tradition Deal
Red Box Recorders has announced a global contract with with inter-dealer broker Tradition, under which the firm will record over 8,000 channels of communication for the firm in the UK and Americas.
Confisio, Dion and Traiana Debut Collateral Valuation Service
Ahead of impending regulatory mandates, Confisio Managed Services, Dion Global Solutions, and Traiana have announced the launch of a collateral valuation reporting service.
First State Super Selects BarraOne for Risk Management
MSCI has announced that Australian superannuation fund First State Super has selected its BarraOne risk management platform.
Israel: Land of Startups
Israel is currently one of the hottest places for high-tech companies to establish themselves, with the country featuring one of the highest numbers of start-ups per capita in the world. With such a fertile ground for developing cutting-edge technologies…
TMX Group Clearers Recognized as Qualifying CCPs
The Bank of Canada has announced that clearing houses operated by the Canadian exchange consortium TMX Group are now recognized as qualifying central counterparty clearing houses (QCCPs) in accordance with the Basel Committee on Banking Supervision…
Nasdaq Ships Surveillance Tech for trueEx
Nasdaq OMX's Smarts surveillance platform will oversee both the swap execution facility (Sef) and designated contract market (DCM) operated by trueEX, the exchange group has announced.
CFTC Extends DTCC-Swift's LEI Designation
The US Commodity Futures Trading Commission (CFTC) has extended the designation of the Depository Trust and Clearing Corporation-Swift (DTCC-Swift) as the provider of Legal Entity Identifiers (LEIs).
Calypso Appoints Natraj as Global Head of Sales
Calypso Technology has appointed Nat Natraj as its senior vice president for sales and marketing. He will report to Calypso president and CEO Kishore Bopardikar.
Société Générale PB Taps Wolters Kluwer for Basel III Compliance
Société Générale Private Banking has selected the risk management and regulatory reporting solutions from Wolters Kluwer Financial Services to comply with Basel III requirements in Belgium.
Neonet Enhances Functionalities with Visual Trader Platform
Agency broker Neonet has announced the enhancement of its trading interface with Visual Trader, the Spanish trading platform owned by Bolsas y Mercados Españoles (BME).
The Wheel Keeps on Turning
Thoughts on recovery in the fi-tech space to open the week.
Atreaus Capital Takes Hedge360 for Integrated Risk Management
The boutique global macro fund will now use SunGard's managed Hedge360 Risk Reporting Service to develop customized daily reporting across its range of trading asset classes.
Internal Dark Pools—Into Darkness?
This week, trading on Barclays' US-based LX platform fell off a cliff after a lawsuit was filed alleging high-frequency (HFT) manipulation at the venue. Is the buy side finally spooked?
SimCorp Unveils New Dashboards
SimCorp has launched Asset Services Dashboards and Alerts, which provide users with a real-time overview of asset-servicing metrics, while alerting them of areas that need attention, such as acting on exceptions.
DTCC Announces Settlement and Collateral Initiatives
The Depository Trust and Clearing Corporation (DTCC) is making an effort to publicize its primary initiatives surrounding collateral management and settlement, in an effort to help the industry lay out budgets for the coming year.
LME to Launch Low-Latency Network with Colt
The London Metal Exchange (LME) is set to launch LMEnet, a low-latency network that connects market participants with the exchange’s electronic systems, including LME Clear.
Saxo Bank Appoints Bressan as Equity Products Chief
Saxo Bank has announced that Alessandro Bressan will become its global head of equity products.
FIX Finishes TESI Extension to FX
The industry group says its Trading Enablement Standard Initiative (TESI) will now be available for foreign exchange (FX) client enablement.
McDonnell Takes Over Sales for TT
Trading Technologies (TT), a Chicago-based provider of trading software, has appointed Robbie McDonnell EVP global sales.
Eze Software Adds AIFMD Reporting Component to Regulatory Filings Manager
Eze Software Group can now support Alternative Investment Fund Managers Directive (AIFMD) filings through its Regulatory Filings Manager offering.
UK SFO Launches Criminal Probe into FX Market
The UK Serious Fraud Office (SFO), has announced that it is opening a criminal investigation into purported fraud in the foreign-exchange (FX) market.
Rapid-Fire Appointment Sees O'Malia Take Isda Top Spot
US Commodity Futures Trading Commission (CFTC) commissioner Scott O'Malia has been confirmed as the new CEO of the International Swaps and Derivatives Association (Isda), less than 48 hours after his resignation from the US regulator was made public.
Bank J Van Breda & C° Selects ABN Amro for Clearing
Belgium-based Bank J.Van Breda & C° has selected ABN Amro Clearing as its general clearing counterparty for over-the-counter (OTC) derivative transactions.