Tech
How the West Was Won
In most asset classes, electronic trading is beginning to win the day for regulators. James looks at how e-trading encourages oversight, as well as innovation.
Innovation Suffering in Back Office Tech, Says Panel
Innovation in financial service technology is dead. So said Joseph Lodato, chief compliance officer at Guggenheim Securities, at a TSAM panel discussion last week.
July 2014: Beware the Snake Oil Salesman
The importance of technology in the capital markets cannot be understated, but when it comes to IBOR implementations, Victor says firms should be wary of vendors peddling all tech and no support.
Max Bowie: Data Wizards Must Be Ready For an Unexpected Journey
The level of innovation among providers of data tools and services is often measured by the new products they create. But Max says innovation also takes place at the end-user level as firms find increasingly creative ways put those products to new and…
Michael Shashoua: Critical Mass
Even as data quality and governance work becomes more demonstrably valuable for firms, the time that has passed since the 2008 events that spurred rules changes could be eroding its momentum. Michael hears professionals’ reasons for staying the course.
Tim Bourgaize Murray: In Search of Spanish Treasure
Bad banks have gained preference in recent years both as a way to unwind toxic assets and as entities for buy-side firms to invest in. With each opportunity, the industry has sorted and implemented these mechanisms faster and faster—often with outsourced…
James Rundle: How the West Was Won
In most asset classes, electronic trading is beginning to win the day for regulators. James looks at how e-trading encourages oversight, as well as innovation.
Fixed Income's Dead? Long Live Its Technology
SEC Commissioner Mary Jo White hinted last Friday that fixed income might be the next technology rabbit hole the Commission jumps down. That seems like good news for the buy side—but is it?
In Spain, Technology Charts 'Bad Bank' Path
The European ‘bad bank’ model has become one of global finance’s more ubiquitous contrivances, addressing a scourge of toxic assets that more and more markets find themselves coping with. Tim Bourgaize Murray examines the Spanish real estate market—and…
SocGen Debuts Trade Repository Reporting Service
Société Générale Securities Services (SGSS) has announced the launch of its trade repository reporting service for over-the-counter (OTC) derivatives trades.
Swap Futures Special Report
May 2014 ─ sponsored exclusively by Equinix.
Tech as Glue for, Not Replacement of, Business Processes
When it comes to automating back-office business processes for the benefit of the operations team, Diana Merenda, MD of consultant Client Lifecycle Solutions, said on a panel at the TSAM conference that technology is merely the glue that holds together…
REDI Hires Sirchia as Head of Infrastructure
Execution management system (EMS) provider REDI Global Technologies has named Michael Sirchia as its new head of infrastructure.
DST Enhances Anova’s IBOR Capabilities
Surbiton, UK-based DST Global Solutions, a provider of technology and services to the investment management industry, has enhanced the investment book of record (IBOR) functionality within its Anova suite, which now provides buy-side firms with increased…
A Collateral Opportunity?
Since the failure of Lehman Brothers in September 2008, the spotlight has settled on buy-side and sell-side firms’ collateral management disciplines. Risk mitigation, protection of assets, measuring counterparty exposure, and secured funding are some of…
Gilbert Dupont Connects to Turquoise via SunGard Valdi
Société de bourse Gilbert Dupont, the brokerage arm of Crédit du Nord, owned by French financial services group Société Générale, has connected to Turquoise, the multilateral trading facility (MTF) operated by the London Stock Exchange (LSE), using…
Thomson Reuters Gives Access to CME Direct in Eikon
Thomson Reuters has announced that its flagship product, Thomson Reuters Eikon, will provide access to CME Direct, CME Group’s front-end trading platform for commodity futures, option and over-the-counter (OTC) markets.
Bloomberg Introduces File Analytics for Vault Service
The financial information giant's enterprise data management arm, Vault, has enhanced its cloud-based service with on-site gateway software called File Analytics, allowing users to incorporate new types of unstructured, "dark" data into their compliance…
Broadridge and Doxim Partner on CRM
Lake Success, New York-based Broadridge Financial Solutions and Ontario-based Doxim have partnered to deliver the Smart Statement solution to help clients make the move from their current statement design to enhanced, Client Relationship Management 2…
Orc Adds Connectivity to Nasdaq OMX NLX
Orc Group has connected to London-based derivatives market Nasdaq OMX NLX, allowing access to both short-term and long-term interest-rate futures products denominated in euro and sterling, and cleared through LCH.Clearnet.
The Cyber Security Lost Cause
There are a number of partial defenses against cyber-attacks, including software and organizational training and preparation, and it is imperative that any business, especially financial services firms, adopt them to avoid becoming an easy target. But as…
Multifonds Survey: Most Fund Managers Ready for AIFMD
Fund managers are less worried about being compliant with the Alternative Investment Fund Managers Directive (AIFMD) ahead of the July 22 deadline for seeking AIFM authorization, according to a survey by investment fund software provider Multifonds.
EuroCCP to Clear LSE Trades
European central counterparty (CCP) EuroCCP will clear trades executed on the London Stock Exchange (LSE) once regulatory approval is received.
Ullink Buys Two Brands from NYSE Technologies
Ullink, a Paris-based provider of trading solutions and connectivity, has entered into an agreement to acquire trading technology NYFix and market access provider Metabit from NYSE Technologies. The transaction, which is subject to regulatory approval,…