Tech
Collateral Transformation, Agency Execution to Reinforce Swap Dealers' 'Stickiness'
As the buy side ramps up simulation of electronic swaps execution ahead of next year, panelists say old questions remain about what sell-side services will gain steam, and which are technologically feasible at all.
Bank of Beirut Extends Misys Relationship with Value Implementation
One of Lebanon's largest commercial banks, Bank of Beirut will use Misys' Sophis Value platform to support its expanding treasury, asset management, and brokerage functions.
DataArt Adds AIFMD Reporting to Form PF Solution
The new software enables automated filing for the alternative investment fund managers directive (AIFMD), and can also be fit into customized, back-end data integrations.
Single-Dealer Platforms Still Work for FX, Fixed Income
Commentators have predicted the demise of single-dealers platforms for years, said JPMorgan’s Alexander Nacht, but they may be focused too much on equities.
BYOD Not a Given, Even as BlackBerry Flounders
There was a time in the not-too-distant past when BlackBerry dominated on Wall Street. As the Apple iPhone—and to a lesser extent, Android—gains ground, though, firms are advancing bring-your-own-device (BYOD) strategies, even as some pull back.
SS&C Technologies Names CTO
Bob Schwartz has been appointed CTO of Connecticut-based SS&C Technologies, a fund administration software specialist.
Waters USA 2013 Keynote: UBS CTO Voo on Data Sovereignty, Managing Cloud Perceptions
Correy Voo, UBS CTO for platform services and applied innovation, used his keynote to assess the cloud: its reality, its perception, and the reasons regulatory trends could temporarily hold its wider adoption back.
Senior Technologists Discuss the Drive Toward Standardization, Automation
At this year's Waters USA conference at the New York Marriott Marquis in Times Square, a panel of C-level technologists from across the industry discussed their drive toward standardization and automation, while contemplating new cost structures to help…
Financial IT Not Flexible Enough for Regulatory Changes, Says Waters USA Panel
Guggenheim Partners’ chief compliance officer summed up his position on adaptable IT with a question rather than a statement. “How many people think technology is flexible?” Joseph Lodato asked the audience at Waters USA. There were almost as many…
IBM Takes ADTS Stake
IBM has taken a controlling stake in Associated Dexia Technology Services (ADTS), a company that provides IT services to firms that were formerly part of the Dexia group.
Financial IT Not Flexible Enough for Regulatory Changes, Say Panelists
Guggenheim Partners’ chief compliance officer summed up his position on adaptable IT with a question rather than a statement. “How many people think technology is flexible?” Joseph Lodato asked the audience at Waters USA. There were almost as many…
Waters Announces American Financial Technology Awards 2013 Winners
Tonight, Waters hosted the ninth annual American Financial Technology Awards (AFTAs) banquet, following the Waters USA conference, at the New York Marriott Marquis in Times Square.
Waters USA 2013 Keynote: UBS CTO Voo on Data Sovereignty, Managing Cloud Perceptions
Correy Voo, UBS CTO for platform services and applied innovation, used his keynote to assess the cloud: its reality, its perception, and the reasons regulatory trends could temporarily hold its wider adoption back.
Senior Technologists Discuss the Drive Toward Standardization, Automation
At this year's Waters USA conference at the New York Marriott Marquis in Times Square, a panel of C-level technologists from across the industry discussed their drive toward standardization and automation, while contemplating new cost structures to help…
Nasdaq's Sears: FinQloud to Expand from Storage into Better Access
Nasdaq FinQloud's Julia Sears foreshadowed an expanded business model at Waters USA.
Tackling Symptoms and Ignoring Sources
Deutsche Bank became the latest to ban traders from chat rooms last week.
Caplin Unveils Single-Dealer Platform For FX
Caplin Systems has launched a new single-dealer platform for foreign-exchange (FX) trading.
Société Générale Joins ParFX as Founder Bank
Société Générale has become the 12th founding bank of the foreign exchange (FX) trading platform ParFX, designed by broker Tradition in line with new ways of trading currencies.
EuroCCP, EMCF Complete Merger Transaction
Cash equities clearing houses EuroCCP and EMCF have completed the transaction to combine the two firms, following regulatory approvals, with the changes in name taking effect from early 2014.
Budapest Stock Exchange Migrates to Xetra
The Budapest Stock Exchange (BSX) has completed the migration of its trading system to Xetra, meaning that all four exchanges in the Central and Eastern Europe Stock Exchange Group (CEESEG) are now running Deutsche Börse's platform.
GMEX Technologies and CoDiese Release Trade Reporting Solution
GMEX Technologies, a subsidiary of London-based Global Markets Exchange Group (GMEX Group), has launched Global Reporting Company (GRC) in partnership with Paris-based regulatory advisory firm CoDiese.
IBOR Breakfast Briefing: Good Governance Essential for Success
Panelists at a breakfast briefing that covered the investment book of record (IBOR), hosted by Waters, debated the key aspects of the technology itself, saying that any IBOR system requires a layer of data governance in order to be successful.
Jefferies Selects Bloomberg Vault for Information Management
Investment bank Jefferies has selected Bloomberg Vault to handle its enterprise information management requirements, ahead of incoming regulatory obligations regarding record keeping and data retrieval.
Sapient Launches End-of-Day Reporting Service
Sapient Global Markets has launched Close of Business Service (CoBS), an end-of-day reporting service for capital and commodity markets firms.