Tech
Hargreave Hale Goes Live with Dion's Corporate Action Workflow Solution
UK stockbroker and investment manager Hargreave Hale is live on Dion Global Solutions' Corporate Action Workflow platform in order to decrease the operational risks associated with managing corporate actions.
Munich Re's Asset Management Arm Selects SimCorp
Munich Ergo Asset Management GmbH (MEAG), the Bavarian insurance provider's $228 billion asset manager, will install SimCorp Dimension at its home office in Germany, as well as in Hong Kong and New York.
Eagle Alpha Launches Twitter Tool
Eagle Alpha has launched Social Sonar, a tool that identifies data on stocks and global macro topics published on Twitter, with the aim of giving traders the information ahead of mainstream news.
Thomson Reuters SEF Goes Live
Thomson Reuters has announced that its swap execution facility (SEF) has officially started trading today.
Scivantage Taps Tousignant for EVP Role
The Jersey City, N.J.-based technology provider says Jim Tousignant will join its ranks as executive vice president for sales and business development.
IBOR Enters the Spotlight
As asset managers look to gain a better understanding of their portfolio positions, they are figuring out how best to employ an investment book of record (IBOR) strategy.
Global Prime Partners Takes Liquid OEMS
The London-based boutique brokerage known as GPP, which focuses on small buy-side shops such as hedge funds and family offices, will now offer clients Liquid's cloud-based front office and data management services.
Perseus Offers Timing Service at CME Datacenter
Perseus Telecom and CME Group have announced a new service offering, High Precision Time, that enables customers to synchronize their time systems across datacenters where Perseus offers this service. It is available at CME Group’s datacenter in Aurora,…
Nasdaq Debuts iPad App for Document Management
Nasdaq OMX has launched a WorkSpace application, enabling business and document management process, for iPad.
Markit Announces CDS Index Licensing to SEFs
The financial information provider will license its credit default swap indices, including CDX North America IG, HY and iTraxx Europe, to any swap execution facility (SEF) under a single set of commercial terms.
SS&C Buys Prime Management for ILS Exposure
SS&C Technologies, a Connecticut-based software provider, has acquired Prime Management, a fund administrator and a service provider to the insurance-linked securities (ILS) market.
Bloomberg and BGC Launch SEFs
Bloomberg and BGC Partners have officially launched their swap execution facilities (SEFs).
Markit Appoints Jeff Gooch as Chief Financial Officer
Financial data provider Markit has appointed MarkitSERV’s former CEO, Jeff Gooch, as chief financial officer.
Buyout Specialist TowerBrook Capital Live on iLevel
TowerBrook Capital Partners, which pursues complex, control-oriented investments in large and middle market companies, is using the cloud-based software provider's private capital data platform.
SuperDerivatives Applies to the CFTC for SEF Status
Derivatives pricing and risk management software provider SuperDerivatives has announced today it has filed an application with the US Commodity Futures Trading Commission (CFTC) to become a swap execution facility (SEF).
Edwin Marcial: No More Mr. ICE Guy
Edwin Marcial has been in the technology driver’s seat since before ICE’s meteoric rise. In the early 2000s, he wore the ‘upstart’ label like a badge of honor. But with the purchase of the NYSE, he doesn’t seem so comfortable with it anymore. By Jake…
Capco Taps Disend, Launches Digital Group
The technology consultancy has brought on Eric Disend as partner to lead a dedicated group focused on digital strategies and solutions.
AIM Software Adds Two Apps to its GAIN EDM Platform
Enterprise data management software vendor AIM Software has added GAIN Portfolio Pricing and GAIN Corporate Actions DM to its GAIN EDM platform.
Is the Low-Latency Race a Zero Sum Game?
Financial services firms will always strive to be faster and more efficient. But increasingly, the cost and risk of this evolutionary drive are proving too great for some. As a result, the ability to measure and monitor latencies across the enterprise…
Max Bowie: New Data Types Need a Big KISS
As market data becomes more voluminous and more complex, Max says providers of new content and the technologies for making sense of it are not only expected to provide clarity from the data, but also guidance on how to get the most out of it so potential…
Michael Shashoua: Focusing on Fatca’s Readiness
The US Fatca foreign tax compliance regulation has received significant recent attention, although not because firms falling under its purview are ready to comply with its requirements. Michael says it’s time to turn that attention into action and…
Anthony Malakian: Getting the Jitters
While poorly defined, jitter is an unavoidable byproduct of low-latency trading. But as Anthony explains, that doesn’t mean that firms need to submit to it.
James Rundle: The Gray Debate Around T2S
The Target2–Securities debate has shifted from asking whether it will happen, to when it will happen. The deadlines seem to be set in stone, but many question whether they’re as solid as they seem. This is a dangerous game, James says, considering the…
October 2013: Proving the Worth of Marginal Gains
Just as cyclists focus on incremental improvements to enhance their performances, Victor points out that marginal gains in the high-frequency trading realm can still reap substantial rewards.