Tech
Markit Eyes Front-Office Push with thinkFolio Acquisition
Markit has acquired London-based portfolio management system (PMS) provider thinkFolio, in a deal that will see the buy-side stalwart join Markit’s enterprise software division.
Industry Hedges Opinion on Mifid II Agreement
A breakthrough in the European Union’s trilogue process heralded an agreement on the Markets in Financial Instruments Directive review (Mifid II) earlier this week, but while industry participants said they were relieved to have progress, it was too…
Inglis Set for AIMA Helm
The Alternative Investment Management Association (AIMA), the global hedge fund industry association, has announced that Jack Inglis will take over as its CEO from February 1.
BCS Appoints Barker Executive Chairman
BCS, the largest trader of equities and FX on the Moscow Exchange, has appointed John Barker as executive chairman of the BCS Financial Group in London. Barker assumed his new role at the start of January 2014.
Conde joins Calastone Board
Calastone, the global funds transaction network, has appointed former SunGard chief executive, Cristóbal Conde, as non-executive director. Conde will take a seat on the Calastone board and has also purchased a minority stake in the privately held…
BMO Taps Broadridge for Tax Reporting System
Bank of Montreal Financial Group (BMO) has selected the Tax Forms Plus (TFP) system from Broadridge Financial Solutions to support its tax reporting requirements.
Mirus Futures' Gets Access to Contiuum Data and Execution
Continuum, an arm of Denver-based CQG, has announced a partnership with online futures broker Mirus Futures whereby Continuum’s hosted infrastructure, including its market data delivery systems and distributed exchange gateways are made available to…
TeraExchange Strikes Deal with Pair of European IDBs
The New Jersey-based swap execution facility (SEF) has sealed trading agreements with OTCex and RP Martin, two European interdealer brokers (IDBs) based in Paris and London, respectively.
Roubini Global Economics' Research Added to Markit Hub
Headed by economist Nouriel Roubini, the global consultancy known as RGE will now contribute to Markit's aggregated news, analysis, and research hub for institutional investors.
Three Years On, Europe Agrees Mifid II
A raft of new laws regarding the operation of securities markets in Europe is a step closer to becoming a reality, after European authorities clinched a deal regarding the review of the Markets in Financial Instruments Directive (Mifid), known as Mifid…
FastMatch Selects Caplin to Develop FX Matching Platform
FastMatch, the foreign exchange (FX) electronic communication network (ECN) co-owned by BNY Mellon, Credit Suisse, and Forex Capital Markets (FXCM), has chosen Caplin Systems to develop a new electronic distribution platform for its spot-FX matching…
Zürcher Kantonalbank Taps Corvil for Enhanced Trading Performance
Zürcher Kantonalbank (ZKB), has deployed Corvil’s Operational Performance Monitoring (OPM) system to monitor the performance of its market making and foreign-exchange (FX) business, including market data quality, transaction analysis and FX order flow.
Markit Eyes Front-Office Push with thinkFolio Acquisition
Markit has acquired London-based portfolio management system (PMS) provider thinkFolio, in a deal that will see the buy-side stalwart join Markit’s enterprise software division.
GPs Pursuing Data-Driven Business Intelligence, Study Finds
A recent study of private equity general partners (GPs) uncovered consistently greater expectations around data management in the space. But progress in meeting those expectations appears to be more uneven.
REDI Adds Credit Suisse's AES to its Multi-Broker EMS; Pushes Forward with Citadel OEMS
REDI Global Technologies has added Credit Suisse's Advanced Execution Services (AES) to it REDIPlus execution management system (EMS).
iLevel, Atlantic-Pacific Capital Seal Strategic Partnership
The technology provider to private investment firms says it has signed a formal partner agreement with Atlantic-Pacific Capital, an independent global placement agent for private equity that has raised around $50 billion.
BNP Paribas, Morgan Stanley Join Eurex OTC Clear
BNP Paribas and Morgan Stanley have joined Eurex Clearing's central counterparty service for OTC derivatives, Eurex OTC Clear, for interest rate swaps (IRS).
AQR Capital Management Selects Fidessa Sentinel
Connecticut-based AQR Capital Management has implemented Fidessa's Sentinel pre- and post-trade solution to automate its trade compliance management across all business lines.
Principal Global Investors Taps Vermilion
The Des Moines, Iowa-based money manager and provider of specialist boutique funds with approximately $300 billion under management, will use Vermilion's reporting suite to back its expanding European operations.
Deutsche Börse Continues Asia Push With CLTX Grab
Deutsche Börse’s Leipzeg-based subsidiary, The European Energy Exchange (EEX), has taken on a majority 52 percent share in ClearTrade Exchange (CLTX), a futures exchange based in Singapore. The move completes a deal that was agreed to in Q4 of 2013.
Deutsche Börse Buys Impendium Systems for Compliance Offering
Deutsche Börse Market Data + Services has acquired Impendium Systems, a London-based firm that deploys cloud-based compliance software solutions. The deal was completed on Jan. 10 for a price "in the single digit million euro range," according to the…
Launching the Sell-Side Technology Awards 2014
Following the success of last year’s inaugural Sell-Side Technology Awards, Waters is happy to announce that the 2014 program will take place on April 15 in New York City.
Waves of Senior Appointments at Euronext
Euronext NV, now part of the IntercontinentalExchange Group (ICE), has restructured its senior management team to reinforce its leadership in the region as the company is preparing to go public in the coming months.
The Challenges of Managing Liquidity in a Multi-Tranche Universe
Ledgex's Brian Macallister discusses the need for firms to mix liquidity and portfolio management into the same system.