Tech
MarkitSERV to Process OTC Derivatives for OTC Clearing Hong Kong
MarkitSERV, Markit’s electronic trade processing service for over-the-counter (OTC) derivatives, now connects customers to OTC Clearing Hong Kong (OTC Clear), the clearing service established by Hong Kong Exchanges and Clearing (HKEx). OTC Clear started…
Amid Upgrades, Fiserv Announces TradeFlow on Linux
Fiserv has announced that its post-trade processing TradeFlow product, recently upgraded with connections to MarkitSERV, will now be available on Linux.
Big Data, Small Print
The emergence of new technologies is changing the operational models of bank IT.
Doing More With Less
At this year's European Trading Architecture Summit (ETAS), sell-side CIOs discussed the need to cut costs and establish new ways of delivering IT support to their clients. Anthony wonders whether buy-siders should be concerned.
ETAS 2013: Innovation is Needed, But Not without Controls
Panelists at the 2013 European Trading Architecture Summit (ETAS) debated the role of innovation and flexible development within bank IT departments, saying that while inventive ways of delivering service are needed, they have to be moderated with good…
ETAS 2013: The Benefits of Going Commando
According to Pierre Dulon, CIO of Credit Agricole Corporate and Investment Bank, his organization needs to “transform” the way it delivers IT to the business, by reducing its operating costs, and crucially, establishing small, discrete commando-style…
OpenGamma Debuts Margining Platform
Risk management technology and analytics provider OpenGamma has launched the Platform for Margining, a new platform to address margining requirements related to new over-the-counter (OTC) market structure changes being pushed through in the US through…
Rimes Survey: Buy-Side Data Governance Growing in Priority
The provider's recent study of head technologists at 42 asset management firms, custodians, and other asset holders reveals that data governance has become obligatory, if not yet well-developed.
Markit, Hobart Capital Collaborate on Commission Management
The financial information provider and agency-only brokerage based in London have come together to provide Hobart's buy-side customers, which range from mutual funds to Delta One desks, a new solution for managing direct commission sharing agreements …
Bloomberg SEF, Goldman Execute First Electronic Market-Agreed Coupon Swap
The rate swap contract, otherwise known as a MAC, was completed with Goldman Sachs on behalf of a leading global asset manager.
Instinet Upgrades Commission Management Tools
Instinet, the equity execution services arm of Nomura, has announced a raft of updates to its Plazma commission management platform.
ETAS 2013: To Meet Challenges, IT Needs "Commando" Units
In his keynote address at the 2013 European Trading Architecture Summit (ETAS), Pierre Dulon, CIO at Crédit Agricole Corporate and Investment Bank (CA CIB) said that in order to address the challenges of the new banking environment, IT as a function…
ETAS 2013: Latency Identification is Paramount for Reduction
As low-latency market access becomes a basic requirement for modern equities trading, panelists at the European Trading Architecture Summit (ETAS) in London discussed the challenges of implementing high-performance trading technology, to optimize…
Probable Volcker Hedging Requirement to Tax Trade Capture Processes, IT
The latest round of amendments to the Volcker Rule is said to have tripled its pages, now rumored as high as 1,000. Supporters of a prescriptive approach say that isn't necessarily a bad thing. But one unresolved issue could have many tier-two sell-side…
Probable Volcker Hedging Requirement to Tax Trade Capture Processes, IT
The latest round of amendments to the Volcker Rule is said to have tripled its pages, now rumored as high as 1,000. Supporters of a prescriptive approach say that isn't necessarily a bad thing. But one unresolved issue could have many tier-two sell-side…
TeleWare Group Expands Presence to North America, Taps Miller to Lead Effort
Communications technology specialist TeleWare Group is launching a North American division out of New York that will be headed by Mark Miller.
Linedata Upgrades Luxembourg Compliance for Custodians, Fund Administrators
The Paris-based solutions provider says it has integrated improvements made with four clients based in the micro-state into its broader compliance offering.
Dutch Private Equity Manager Egeria Live on iLevel
iLevel's first European client, based in Amsterdam, will use its private capital data platform for data collection, analysis, and reporting across its approximately €1 billion ($1.35 billion) in investments.
ICE Plans to Divest NYSE Technologies; Will Keep Data Centers
IntercontinentalExchange (ICE) plans to sell much of the NYSE Euronext's NYSE Technologies data and technology business, following its acquisition of the New York-based exchange group, said ICE chairman and chief executive Jeffrey Sprecher on a…
AxiomSL Addresses Basel III Liquidity Requirements
AxiomSL has added a new configuration to its reporting platform that allows users to meet new Basel III liquidity requirements.
CEO Daffron Brings Data Ideas from Morgan Stanley to Interactive Data
As global head of operations and technology at Morgan Stanley, Stephen Daffron’s biggest problem was a lack of transparency in the data he bought from vendors. Now that he’s moved over to the CEO’s office at one of those data vendors, he has a chance to…
CEO Daffron Brings Data Ideas from Morgan Stanley to Interactive Data
As global head of operations and technology at Morgan Stanley, Stephen Daffron’s biggest problem was a lack of transparency in the data he bought from vendors. Now that he’s moved over to the CEO’s office at one of those data vendors, he has a chance to…
Make the Case for Data Spend
As firms look to overhaul their data and analytics capabilities, they're finding that the cost can be daunting. But if they care about their survival, it's an investment that has to be made.
State Street Presses Forward with Data Digitization Program
At an event this week in Manhattan, State Street executives discussed their digitization program that is designed to improve the firm's data and analytics services for asset managers.