Tech
AFTAs 2013: Best Infrastructure Initiative—Bank of America
When it comes to financial technology, the key word has always been efficiency. For execution, that comes down to finding the right venues to trade with the best results for internal desks or external clients. For compliance, it’s about identifying and…
AFTAs 2013: Best Cloud Initiative—NYSE Euronext
In recent months, cloud-based solutions in the capital markets have become increasingly popular. NYSE Euronext has established itself as a major player in this space, and, through its Qbeats project, won this year’s gong for best cloud initiative.
AFTAs 2013: Best Reporting Initiative—Blackstone
Where Northern Trust, last year’s winner of the best reporting initiative category in the American Financial Technology Awards, went outside the organization for a new reporting platform, Blackstone turned inward to create a custom-built solution,…
AFTAs 2013: Best Data Management Initiative—Citi
The disciplines and processes that fall under the data management moniker are the best examples of tasks for which no finish line exists. It is a given that all financial services firms need to cost-effectively manage their data, whatever its prefix—big,…
AFTAs 2013: Best Cross-Asset Trading Initiative—JPMorgan
Imagine having access to the full breadth of execution services of one of the world’s most powerful banks on a single platform. It would have to include pre-trade, trade, and post-trade capabilities, as well as clearing, custody, margin, and prime…
AFTAs 2013: Best Analytics Initiative—Credit Suisse
The common refrain when it comes to data is that it’s not just important to have it—one also needs to know what questions to ask it. Enter analytics, which has become a critically important aspect of financial technology over the past few years,…
AFTAs 2013: Best Risk Management Initiative—International Securities Exchange
Execution management systems (EMSs) abound in the institutional trading space, but combining them with risk management capabilities, thereby broadening their usage from the front to the middle office, is a powerful proposition. With PrecISE, the Deutsche…
AFTAs 2013: Best Global Deployment—Instinet
It is no secret that some of the most complex and laborious technology projects in the capital markets come on the back of mergers or acquisitions—necessary evils of participating in a constantly evolving industry. It is therefore not surprising that the…
Aizawa Securities Selects Fidessa for Proprietary Trading
Japanese broker Aizawa Securities has selected Fidessa for its proprietary and wholesale agency trading businesses.
BNY Mellon Taps Markit for Enterprise Data Management
BNY Mellon Asset Management has chosen the Markit Enterprise Data Management (EDM) platform for the harmonization and automation of its data operations.
Virtusa Takes Over TradeTech Consulting Business
Global IT services provider Virtusa Corp. has acquired all outstanding shares of Swedish IT consulting and services provider TradeTech Consulting and its subsidiaries.
Liquity Matches Buyers and Sellers of UK's Private Company Shares
Since its launch in November 2013, Liquity has shown that financial services companies don’t necessarily need to deploy overly complex or ground-breaking technology to be successful in servicing the industry. It can sometimes be as simple as a…
QSuper Extends Rimes for Performance Benchmarking
QSuper, a AUD46 billion Australian superannuation fund for Queensland, will use the buy-side data services provider's benchmark data service (BDS) to develop customized benchmarking tools for performance attribution and post-trade compliance analysis.
NCB Capital Takes Charles River
Saudi Arabia-based NCB Capital has selected the Charles River Investment Management System (IMS) for a number of areas, stretching from portfolio management to compliance.
Swift Creates KYC Utility amid Compliance Push
Messaging provider Swift has announced the launch of a know-your-customer (KYC) registry, as it pushes further into the compliance space with the creation of a dedicated unit.
Resource Capital Funds Live on iLevel
The Denver-based private equity firm Resource Capital Funds (RCF), which specializes in hard mineral mining firm investments, will use iLevel's private capital data platform to manage to data collection, reporting, and performance measurement.
Commoditizing Secret Sauce
Don't over-egg the omelet.
LPFA Appoints Martin as CEO
The London Pensions Fund Authority (LPFA) has announced the appointment of Susan Martin, who takes over as the scheme's permanent chief executive.
Finra Identifies HFT, Algo Integrity as Regulatory Priorities
The Financial Industry Regulatory Authority (Finra), a self-funded regulatory organization charged with overseeing US brokers and exchanges, has released a letter outlining its list of regulatory priorities for 2014, among them high-frequency trading …
Eurex Takes Small Taifex Stake
Derivatives bourse Eurex has announced that it has taken a five-percent stake in the Taiwan Futures Exchange (Taifex).
Private Cloud not Just for Tech-Less Funds Anymore
Where private cloud providers used to appeal only to start-up hedge funds, a third of Abacus's new clients are large funds with existing IT staff.
Hilgers Takes Over as Optiver Chief
Paul Hilgers has become the new CEO of proprietary trading firm Optiver, the company announced, taking over from outgoing head Johann Kaemingk.
Finra Eyes New Surveillance System
The US Financial Industry Regulatory Authority (Finra), a self-funded regulatory organization tasked with overseeing American brokers, is soliciting comment over a proposal for new method of collecting data on investment sales activities.
Borsa Istanbul Signs Landmark Deal with Nasdaq OMX
Borsa Istanbul, the Turkish stock exchange, has signed an agreement with Nasdaq OMX to strengthen its position as financial hub in the Eurasia region.