Tech
Challenge Accepté: AXA Investment Managers CIO Hervé Morel-Derocle
During one of his frequent trips to London, AXA Investment Managers CIO Hervé Morel-Derocle spoke to Marina Daras about the bold moves he made when faced with the looming obsolescence of the firm’s desktops.
Deltix, Citi Team on Development & Back-Testing Solution for Algo Trading
Software provider Deltix is partnering with Citi to deliver an integrated algorithmic trading solution for research and execution of automated foreign exchange (FX) strategies.
Thomson Reuters Changes FX Trading Rules
Thomson Reuters has announced it will tighten the rules around its Spot Matching platform, which is an anonymous electronic trade matching system, to try and discourage manipulations and market abuses in foreign exchange (FX).
FSN Capital Partners Selects iLevel for Portfolio Reporting
Nordic-based private equity firm FSN Capital Partners (FSN) has implemented iLevel's cloud-based Private Capital Data Platform to automate data collection and reporting.
CFTC Unable to Perform “Basic” Analysis of Swap Data
Most of us struggle to keep our bills and bank statements in any semblance of order, but for US regulators, trying to sift through millions of swap transaction reports is a task of Herculean proportions. A task, one senior official says, that the US…
Sapient and Kurtosys Team on Fund Marketing for Asset Managers
Sapient Global Markets has launched Client Connect, an asset manager solution for fund marketing and client service automation.
GH Financials Takes Interxion's London Co-Lo
Futures commission merchant GH Financials will co-locate in datacenter provider Interxion's City of London Campus.
TrueEx Introduces Bunched Swap Orders
The designated contract maker (DCM) says it can now process bunched-order swap allocations in concert with Credit Suisse's futures commission merchant (FCM) arm and LCH.Clearnet's SwapClear service.
HTML5 Developers in Demand; Charting Gains Greater Attention
As Wall Street firms increasingly are turning to HTML5 as the preferred programming language for trading applications and mobile, trading firms are now finding themselves competing with Silicon Valley for development talent.
The Rise and Rise of HTML5
Thanks to enhanced browser functionality and an explosion of open-source tools, HTML5 is supplanting Microsoft Silverlight and Adobe Flash as the go-to language for trading application development and mobile functionality. While roadblocks still exist,…
ALTX Partners Gmex for Ugandan Exchange Launch
ALT XChange (ALTX) has announced that it will proceed with plans to launch a securities and derivatives venue following approval from Ugandan authorities, partnering the Global Markets Exchange (Gmex) Group for technology and business consulting.
Nomura AM Expands Charles River Implementation
The asset management arm of the Japanese banking giant, with 33 trillion yen ($323.5 billion) under management, has successfully migrated its equity business onto Charles River's IMS, with domestic and international fixed income, foreign exchange, and…
Nasdaq OMX Launches Global Market Services Business
The Nasdaq OMX Group has announced the formation of a new entity, Global Market Services, to combine its US and European transactions, clearing and settlement businesses.
Compliancy Services Selects Lombard Risk for EBA Common Reporting
Compliancy Services, the regulatory compliance consultancy, has selected Lombard Risk Management’s cloud-based version of Reporter to enhance its regulatory returns submission services.
Tera Group Launches Bitcoin Swap
The swap execution facility (SEF) says it will now offer a new bilateral contract for hedging the price of the virtual currency.
Japan Exchange Group Integrates TSE's Derivatives Market Operations in Osaka
The Japan Exchange Group (JPX) has integrated the Tokyo Stock Exchange‘s derivatives market into the Osaka Exchange, and consolidated all trading operations onto the Nasdaq OMX derivatives trading system, J-Gate.
Electra Adds Pending Trade Data to Settlements Solution
New York-based Electra Information Systems has upgraded its FailSafe settlements solution to include an option to view, manipulate and report on pending trade data in addition to the failed trades.
OTAS Hires Lieder as Head of US Sales
London-based analytics provider OTAS Technologies has hired Nick Lieder as head of its US sales, based in New York.
The Customer is Always Vaguely Identifiable
Further pushes into KYC and the expanding use of social tech lead this week’s coverage.
Herd Instinct: Financial Firms Combat Information Overload with Social Networking Tech
As financial firms deal with ever-increasing levels of information, some are starting to look at a fusion of different technologies to harness true value from the noise. As innovative uses of concepts that have traditionally been associated with social…
LME Launches Real-Time Test Trading Platform
The London Metal Exchange (LME) has announced the launch of a real-time simulated market environment, LMEstage, where clients can test their trading strategy live.
The Opaqueness of IBOR
Anthony says that asset managers have to be wary of vendors pitching an IBOR solution. There are legitimate choices out there, but even though the term is old, the field of third-party providers is rapidly growing, and there may be imposters.
Addenda Capital Chooses Coric for Reporting
Canadian asset manager Addenda Capital has selected Coric Client Communications from Equipos to automate the firm's client reporting process.
Susquehanna Signs Raptor for Fix Connectivity
Bala Cynwyd, PA-based Susquehanna Financial Group (SFG) has implemented Raptor Trading Systems' connectivity platform, in order to manage its Fix requirements.