Tech
BNY Mellon Acquires HedgeMark, Appoints Lapkin
BNY Mellon has announced it will acquire the remaining 65 percent stake in HedgeMark International, a current affiliate and provider of hedge fund managed accounts and risk analytics services.
Moody's Analytics Adds Structured Finance Portal
The new web-based platform will provide enhanced content to a range of portfolio managers, underwriters, and risk professionals, with an initial focus on collateralized loan obligations (CLOs).
Indus Valley Partners Launches Cloud-Based Compliance Platform
Indus Valley Partners (IVP), a New York-based provider of solutions to alternative asset managers, has introduced IVP Raptor cloud, enabling alternative asset managers to meet their global regulatory reporting needs from a purpose-built cloud platform.
Take Away Spreadsheets? From My Cold, Dead Hands
Microsoft Excel spreadsheets will continue to be widely used at asset management firms for the foreseeable future. But new regulations, technological advancements, and risk management concerns are leading buy-side firms to examine ways to lessen their…
BNY Mellon Survey: Institutional Investors More Focused Than Ever on Risk Management
A recent survey by BNY Mellon, New Frontiers of Risk: Revisiting the 360° Manager, has found that institutional investors are more than ever focusing on their risk management capabilities, and are also on the look-out for new sets of risk tools.
That Fun Intersection between Technology and Behavior
Now, where did I put those fundamentals?
Is The HTML5 Revolution Here?
This year might just be the year that HTML5 takes over Wall Street. Will you be leading the charge?
UBS Executes First Interest-Rate Swap as Introducing Broker
UBS Investment Bank has completed its first trade as an introducing broker on behalf of a client via UBS Neo, the bank’s global distribution and execution services platform.
All Eyes on Outsourcing
After UBS announced last month that it would outsource most of its fixed-income trading platform to Murex and Ion Trading, Marina Daras looks at how financial services firms intend to manage their IT costs by reassessing their outsourcing options.
State Street Launches European Online ETF Platform
State Street Global Exchange has announced the launch of FundConnect, an online trading platform for Exchange Traded Funds (ETFs) designed to enhance the speed and efficiency in European ETF order-taking process.
BATS CIO Explains Datacenter Move
Among the integration questions that needed answering when BATS and Direct Edge agreed to merge regarded that of their respective datacenters. BATS had its exchanges situated at Savvis' NJ2 facility in Weehauken, New Jersey. Direct Edge's were located at…
ITG Targets Emerging Hedge Funds with New OMS, EMS
Will Geyer, head of platforms at ITG, and John McKeon, managing director of platforms, discuss the broker's latest applications.
Tocom Receives ATS Approval from Hong Kong Regulator
Tocom, the Tokyo Commodity Exchange, has received regulatory approval from the Securities and Futures Commission (SFC) in Hong Kong to provide Automated Trading Services (ATS) to its clients.
Ex-Cantor Team Launches Lucera, Targets High-Frequency FX
The low-latency infrastructure provider has set out to offer the industry a flexible cost scheme that is particularly applicable to trading in fragmented markets like foreign exchange (FX).
Gemini Plumps for SunGard’s Hedge360 Platform
Gemini Hedge Fund Services, the Hauppauge, New York-based hedge fund administrator, has selected SunGard’s Hedge360 application suite as its platform of choice. Hedge360 will enable Gemini Hedge to increase is operational efficiency and by so doing…
Uberoi to Lead S&P Capital IQ’s Global Comms
New York-based S&P Capital IQ, an operating unit of McGraw Hill Financial, has appointed Sunny Uberoi vice president, global communications.
BATS to Transition Primary Exchanges to NY5 Datacenter
BATS has selected Equinix as its primary data center provider for all of the BATS exchange platforms, including the Direct Edge exchanges EDGA and EDGX.
WSE Confirms Acquisition of Aquis Exchange Stake
The Warsaw Stock Exchange (WSE) has finalized its acquisition of a 36 percent stake in the newly launched pan-European stock exchange, Aquis Exchange.
ITG Releases Trade Management Systems for Hedge Funds
New York-based execution and research broker ITG has launched a product suite for hedge funds that includes a hosted order management system (OMS) and execution management system (EMS).
Société Générale Extends Securities Services to West Africa
Société Générale Securities Services (SGSS) has announced that it will offer securities services in West Africa through Societe Generale de Banques en Côte d'Ivoire (SGBCI), the French bank's subsidiary in the state.
Parkins to Lead Lombard Risk’s Sales Efforts
Lombard Risk Management, the London-based provider integrated regulatory reporting, compliance, and collateral management technology and services to the capital markets, has appointed Simon Parkins as the firm's global sales director as part of its…
Fidessa Co-Locates in Singapore, Adds Vietnamese Broker
Trading technology vendor Fidessa has announced that it will co-locate in the Singapore Exchange's (SGX) datacenter, in addition to signing up the first Vietnam-based broker to its global network.
Brazilian Asset Manager Switches to Eze OMS
Rio de Janeiro-based asset manager Dynamo Administração de Recursos is now live on the Eze Order Management System (OMS).
Real-Time Risk: Keeping It Real
Pitches for real-time risk solutions focus more on the sell side than the buy side. Jake Thomases set out to determine how much hedge funds and asset managers care about calculating risk in the blink of an eye. Some do, but it’s largely dependent on…