Tech
Swing Löw, Sweet Chariot
It's a good Monday to be German, although perhaps less so if you're in Buenos Aires right now.
Bats Chi-X Europe Bolsters Interoperable Clearing
Bats Chi-X Europe has announced that it will extend its interoperable clearing program to include exchange-traded funds (ETFs) and exchange-traded products (ETPs).
Investment Book of Record ─ Webcast
On June 26, Waters hosted a webcast to discuss one of the most pressing and important technological developments on the buy side in recent memory ─ the development of an investment book of record (IBOR) system.
Liquidnet Hires Laible as Head of Global Performance
Liquidnet has announced the appointment of Rob Laible as head of its global performance team.
EBS Reshuffles Senior Management
Interbank foreign-exchange (FX) platform EBS has released details of changes in personnel, with the current senior leadership below CEO Gil Mandelzis leaving the Icap-owned firm.
Linedata Partners with InvestSoft for Fixed Income, Derivatives Analytics
Linedata has entered into a partnership with InvestSoft Technology where Linedata will provide InvestSoft's BondPro analytics engine for fixed income and credit derivatives to its asset management clients.
Parsing Fintech's Whimsical Name Game
Tim muses on a subject—company names—that has confounded him for most of his time covering financial technology. Does a strange moniker make a difference?
Fidessa Upgrades IMS to Version 14, Adds Compliance
London-based Fidessa has upgraded its Investment Management System (IMS) to version 14, bolstering its reporting capabilities and adding new compliance functionality.
Imatchative Goes Live with Inaugural Product AltX
San Francisco-based startup Imatchative has launched AltX, an online platform that allows institutional investors to connect with hedge funds for due diligence and capital allocation purposes.
Bloomberg Acquires RTS RealTime Systems
Bloomberg has acquired low-latency connectivity and trading support provider RTS RealTime Systems to expand its exchange connectivity through RTS’ existing global network of datacenters.
ITRS Names Warren CEO
Guy Warren has been named CEO of ITRS Group, a provider of performance monitoring and management technology. He replaces Kevin Covington, who will remain as a senior adviser to ITRS.
Abacus Rolls Out File Transfer Solution for Buy-Side Firms
Abacus Group has launched a new service designed to help hedge funds and private equity firms to automate routine file transfers.
Former HP Intellectual Property Chief: Looking After IP Demands Creativity, Before Litigation
From the smallest startup to the largest financial institution, protecting the intellectual property (IP) that drives technology has become a more complicated—but also, potentially more profitable—process.
BNP Paribas Opens Reporting Tool to Agency Lending Clients
BNP Paribas Securities Services has announced that its agency lending clients can now access its interactive reporting solution, Data Navigation Analysis (DNA), and gain better oversight and control over their lending activities.
Numerix, CameronTec Partner for Structured Products RFQ System
Numerix and CameronTec have announced a joint project that allows clients to institute a FIX-based request-for-quote system for over-the-counter structured products, returning a quote in seconds.
SGX Moves Forward with HKEx Partnership, Opens Local Derivatives Office
The Singapore Exchange has opened its "liquidity hub" point of presence (PoP) in Hong Kong Exchanges and Clearing's datacenter-the first step in a series of moves to facilitate closer cooperation between the exchanges, including setting up PoPs in each…
SS&C GlobeOp Gains UK Regulatory Approval for Depositary Lite
SS&C GlobeOp has gained full UK Financial Conduct Authority (FCA) approval for its Depositary Lite service, the provider has announced.
Data. Broadcast Yourself.
While YouTube might not have any direct links to the financial services industry, Brian Sentance argues that the social media phenomenon’s model, which allows users to control the information they publish and consume, is already emerging across the…
MarkitSERV Connects to KRX for Swaps Clearing
MarkitSERV, Markit’s electronic trade processing service for over-the-counter (OTC) derivative transactions, has connected to Korea Exchange (KRX) for the clearing of interest-rate swaps.
Pierpont Selects SunGard's Loanet for Securities Finance
Pierpont Securities, a specialized fixed income shop, has selected SunGard’s Loanet to help manage its securities finance operations, including trading, inventory management, accounting and settlement.
Innovation, Singularities and Saturation
Taking cliché out of the equation.
Horizon Software to Launch Chinese Options Trading System
Horizon Software, a Paris-based provider of front-end trading software, is planning the launch of an options trading system for the Chinese market, set to launch in the fourth quarter of 2014.
IEX Mulls Public Exchange Options
IEX, the start-up trading venue founded by former RBC trader, Brad Katsuyama, wants to institutionalize fairness and curb predatory trading by eliminating the speed advantage that high-frequency trading (HFT) firms have over smaller institutional…
Barclays Africa Goes Live on EquiLend
Johannesburg-based Absa Bank, a subsidiary of Barclays Africa, has become South Africa’s first domestic bank to execute a securities finance trade on the EquiLend trading platform. The move marks a progression toward the automation of Absa’s trading and…