Tech
Sunstate Bank Taps SS&C for Fixed Income Trading
Sunstate Bank, which is headquartered in Miami and has $164 million of total assets, is extending its partnership with SS&C Technologies to support fixed income trading.
Eze Castle Integration Updates Disaster Recovery Service
Exactly one year after Hurricane Sandy's crash into the US Atlantic coastline, the managed services provider to hedge funds says its disaster recovery (DR) offering has been upgraded.
Max Bowie: Fifty Shades of Grey Areas on Exchange Data Contracts
Exchanges have long bonded clients to strict contracts to monitor usage of their market data. But with few standards around these contracts, Max says these bonds are increasingly becoming devices of torture that not even the Marquis de Sade would enjoy.
Chinese Exchange to Cooperate with Nasdaq
Shanghai-based China Financial Futures Exchange (Cffex) and the Nasdaq OMX Group have signed a memorandum of understanding (MOU) at the World Federation of Exchanges’ annual meeting to strengthen cooperation and promote mutual development.
BT Hires MarketPrizm CEO
Tanuja Randery, CEO at MarketPrizm, has left the Colt subsidiary to take up the post of president, strategy and marketing, at BT Global Services.
BNY Mellon Unveils Fund Liquidity Aggregator
BNY Mellon has launched a new risk and collateral management solution called Liquidity Aggregator, which will be incorporated into the firm's Collateral Universe suite of products.
Electra, Eagle Form Strategic Alliance
Software provider Electra Information Systems is partnering with Eagle Investment Systems. Through the alliance, three of Electra's solutions will be directly made available to Eagle's buy-side clients.
Options, Redline Expand Partnership
Cloud provider Options has expanded its partnership with market data provider Redline Trading Solutions to offer a fully managed ticker plant for options and equities trading.
SocGen Transfers Securities Operations to Accenture Post-Trade Processing Platform
Accenture has announced that Société Générale Corporate and Investment Banking (SG CIB) has begun the transfer of its securities processing back-office operations to the Accenture Post-Trade Processing system, a service launched by Accenture and…
NanoSpeed Launches FPGA-Enabled Gateway
The customizable Nano-TG trading gateway will build off the London-based hardware provider's earlier field programmable gate array (FPGA) expertise.
Open Platform: Compliance Challenges for Communications
The ways in which we all communicate have changed. The fixed-line telephone call is almost a thing of the past, with mobile and electronic communication having seen to that. Regulators have recognized this, and have told firms that they need to be…
Battlefield Surgery, Meet Corporate Triage
The departure of the top two at NYSE Technologies doesn’t bode well.
Oslo Børs Readies T+2 for 2014
Oslo Børs VPS has announced that it will move settlement to a T+2 basis, or two days after trade, in line with regulation and investor requests, effective from October 6, 2014.
Brazil's CGD Securities Taps Valdi for Market Access
CGD Securities, a Brazilian division of Portugese bank Caixa Geral de Depósitos, has selected SunGard’s hosted Valdi solution for access to the BM&FBovespa financial markets.
Northern Trust Creates iPad App for Institutional Clients
Chicago-based Northern Trust has unveiled a new Apple iPad application that will give institutional clients access to performance, exposure and risk information.
Straight Through to...What?
While the term straight-through processing gets thrown around a lot, Anthony spoke with Omgeo's Rick Enfield for a more precise definition for today's industry.
Thomson Reuters Debuts Compliance Tool for Employee Supervision
Thomson Reuters has launched Accelus Conflicts Compliance, a web-based solution for streamlining employee supervision and code-of-conduct management, in partnership compliance specialist TerraNua.
Petercam Selects Orfival for Performance
Brussels-headquartered asset manager Petercam has selected Orfival's GPMS product for its performance measurement and client reporting functions.
Pulling Weeds: Sell Side Confronts Technology Stack Upgrades
Despite the current era in the capital markets as one of tight budgets, firms across the sell side are waking up to the fact that radical changes are needed to their technology stacks. From banks, to brokers and exchanges, questions remain around how…
Cooperative Bank of Kenya Finishes Misys BankFusion Implementation
The country's third largest bank says the new platform will help with its expansion in South Sudan, future planned forays into Rwanada and Uganda, and its growing Kingdom brokerage arm by which clients can access Nairobi's stock exchange.
Sandell AM Taps SS&C GlobeOp for Fund Admin, Form PF/Fatca Compliance
Sandell Asset Management, which manages $750 million, has selected SS&C GlobeOp to provide fund administration services.
Deutsche Börse Acquires GMEX Group Stake
Deutsche Börse has acquired a minority stake in Global Markets Exchange (GMEX) Group International, both parties announced today.
Data Governance Challenges on the Buy Side
Steve Cheng, Rimes Technologies, talks to Waters at the Rimes Data Governance Conference in London, about data governance on the buy side.