Tech
CCL Nabs Aberdeen Compliance Chief for MD Role
Regulatory consultancy CCL has announced that Alan Leale-Green will join the company as its UK managing director.
CFTC Gives Three-Month SEF Relief to Packaged Swaps
The US Commodity Futures Trading Commission (CFTC) has announced that packaged transactions with a leg that includes swaps made available to trade (MAT) on swap execution facilities (SEFs) will not be subject to the execution mandates for three months.
Data Interoperability Needed For Hedgers After EMIR Deadline
Properly creating unique trade identifier (UTI) data is only half the challenge for buy-side firms as the European Market Infrastructure Regulation (EMIR) reporting mandate takes hold today. The other half? Making sure counterparties are doing the same…
LSE Partners CheetahFix for African Connectivity
The London Stock Exchange Group (LSE) and CheetahFix have announced a collaboration to connect electronic trading entities in South Africa with the British bourse.
Fix Trading Community Announces TCA Standards
The Financial Information Exchange (Fix) Trading Community has debuted its initial guidelines for best practice in equities transaction-cost analysis (TCA).
China Life AM Selects Markit EDM
Markit has announced that China Life Asset Management has selected its Markit EDM platform for data management.
Swiss Private Bank Chooses SmartTrade for FX
Bank Vontobel, a Swiss private bank, will introduce a new client offering in foreign exchange (FX) trading for spot, forward and swaps, based on smartTrade's LiquidityFX hosted solution.
Shuaa Capital Goes Live with SunGard’s Front Arena
Dubai-based investment firm Shuaa Capital went live with SunGard’s Front Arena product to enhance operational efficiency and client service.
Confluence Opens Office in Dublin
Confluence, a provider of automated investment data management solutions, has announced its expansion in the global fund industry by opening an office in Ireland.
BI-SAM Appoints Richard Irons Executive Director Europe
Paris-headquartered vendor BI-SAM has appointed Richard Irons to lead the company’s business development and account-management activities in Europe.
SunGard Extends Asset Arena with Data Connect
The new cloud-based solution will provide enhanced order processing and control for hedge fund managers, private equity firms, and fund administrators.
Singapore Moves to Shorten Settlement Cycle
The Singapore Exchange (SGX) and the Monetary Authority of Singapore (MAS) has jointly announced that the South-East Asian nation's securities market will move to T+2 settlement, in line with other global reforms.
The Devil is in the Data
It all sounds rather impressive, doesn’t it? I mean, Quantum Dawn, Waking Shark; these large-scale simulations of cyber-assault on the infrastructure of the City and Wall Street.
For IBOR, Pick a Definition and Stick To It
For firms that embark on an investment book of record (IBOR) implementation, the first step is to develop a clear internal definition of what an IBOR is, because an industry consensus does not exist.
Is IBOR Just a Buzzword?
Moderator Barry Chester, wrapping up a panel discussion on the business case for installing an investment book of record (IBOR), asked a question that should be asked of any hot new piece of technology: Is IBOR just a buzzword? Surprisingly, not everyone…
FXCM Integrates Seer Trading Solution for Algorithmic Testing
US-based foreign exchange (FX) broker Forex Capital Markets (FXCM), has integrated Seer Trading’s technology with its offering, giving clients the ability to test and develop algorithmic trading strategies.
Isda Launches SwapsInfo
The International Swaps and Derivatives Association (Isda) has announced the launch of SwapsInfo, a public-facing website designed to provide information on trade data for available markets.
Advent Incorporates Fincad Analytics
Advent Software has announced that Fincad Analytics will be integrated across its product lines.
Europe Takes First Steps Toward Electronic Derivatives Trading
With provisional agreement on the Mifid II text by European political authorities, electronic execution of derivatives is set to spread over the Atlantic Ocean in the near future. In terms of equivalence, interoperability, and mutual recognition, how…
New CEO Lane Promises Major Changes at Trading Technologies
Rick Lane left his job as principal architect at Trading Technologies (TT) for Google in 2011. Yesterday, a little more than two years later, he was put in charge of the Chicago-based software vendor, which counts 19 of the world’s top 20 futures brokers…
Four Drivers to Develop an IBOR
At this week's IBOR Breakfast Briefing, consultant Barry Chester laid out four key drivers for establishing an investment book of record (IBOR).
Euronext to Launch Fund Service in France
Euronext, a subsidiary of IntercontinentalExchange Group (ICE), will soon admit active open-ended funds such as exchange-traded funds and mutual funds to trade on its regulated market in Paris after France authorized their trading on regulated markets or…
Bank of England Warns on Cyber Threat to Markets
The Bank of England (BoE) has published its report on Waking Shark II, an exercise designed to test the resilience of wholesale financial markets against cyber attacks. While it found that participants reacted well, more could be done to improve…
China's ICBC Taps Helix For Repo, MBS Processing
Industrial and Commercial Bank of China (ICBC), the world's largest by total assets and market capitalization, will implement HelixRepo for its fixed income financing business and HelixMBS to automate allocation of mortgage-backed securities (MBS) pools…