Tech
Open Platform: Planning for the Inevitable with T2S
Harmonization of the European securities settlement landscape is gathering pace. The single settlement platform Target2-Securities (T2S) and the forthcoming CSD Regulation (CSD-R) – which could impose T+2 settlement Europe-wide and require an electronic…
RBS Crowns McEwan as New Chief Exec
The Royal Bank of Scotland Group (RBS) has announced that Ross McEwan will become its new director and group chief executive, effective from October 1, 2013.
Eze Software Group Enjoys Stellar Six Months
Six months is a long time in the life of a software company. Take the Eze Software Group as an example: The fledgling buy-side focused vendor – born in January this year after $56 billion private investment firm TPG stumped up the capital to acquire…
Fidessa Debuts Post-Trade FIX Confirmation Hub
Fidessa has announced the opening of its Post-Trade Confirmation Hub, designed to allow allocations and confirmations of trades directly between sell-side and buy-side counterparties via FIX.
Bange Returns to GoldenSource Sales Force
Bret Bange has been named head of sales for the Americas at GoldenSource, a New York-based provider of enterprise data management (EDM).
DTCC Introduces Sweeping Changes at the Top
The Depository Trust and Clearing Corporation (DTCC) has announced a raft of new appointments at senior levels within the firm.
Aite Says Compliance Tech Spend to Increase 35 percent in Three Years
A report from Boston-based consultancy Aite Group indicates that compliance technology spending is likely to grow by 35 percent from 2012 to 2015, with hosted solutions persisting as the preferred deployment option.
SunGard Upgrades Asset Arena InvestOne for ‘Multiple Books of Record’
SunGard has released the latest version of its Asset Arena InvestOne accounting platform and it now has functionality for Multiple Books of Record, as well as the launch of a new operational management and monitoring solution.
Waters Rankings 2013: Eddie Galvez, Tibco StreamBase
Eddie Galvez is the senior architect at Tibco StreamBase and the founder of StreamBase.
Waters Rankings 2013: Steve O'Hanlon, Numerix
Steve O'Hanlon is the chief executive officer and president of Numerix.
Waters Rankings 2013: Michael Speranza, IPC Systems
Michael Speranza is the senior vice president of project management and marketing at IPC Systems.
Waters Rankings 2013: David Quinlan, Eze Software Group
David Quinlan is the co-president of Eze OMS Business and the head of strategy for Eze Software Group.
Waters Rankings 2013: Debra Walton, Thomson Reuters
Debra Walton is the managing director of enterprise content for Thomson Reuters.
First, React: Systems Performance Should Be Visually Evident, Not Contractual
Data tells the tale of what markets are doing, what's aberrant, and why rarely, if sometimes spectacularly, things go wrong. Systems performance tools provide those signals, just as exchange venues provide tick data. Firms are beginning to figure out how…
Bloomberg Wins CFTC Green Light for SEF Operation
Bloomberg has announced that the US Commodity Futures Trading Commission (CFTC) has given it temporary registration approval for the operation of a swap execution facility (SEF).
Consultant J&J Helps Build FinQloud's Reputation
In these early months of its existence, Nasdaq OMX FinQloud benefits as much from the reputational boost its clients provide as from the profits they bring in.
Numerix Integrates FVA Framework
The analytics provider has added a new framework for sell sides to calculate funding valuation adjustment (FVA) for arbitrary instrument types, including bespoke instruments with optionality, callability, and triggers such as Bermudan swaptions.
Scivantage, Broadridge Partnership Delivers Recon to Maxit
Scivantage has tapped Broadridge Financial Solutions' consolidated business process outsourcing solution to support reconciliation activities for certain procedures for its cost-basis reporting platform, Maxit.
ITG Brings Posit Alert to Mexico
Agency brokerage ITG has launched Posit Alert─its platform for sourcing large block orders of liquidity─for Mexican equities.
G2 Fintech Adds to Advisory Board, Staff Ahead of Cloud Push
Scott Devinsky, CFO at First Oak Capital Management, joins the tax analysis and compliance provider's board. Peter Kohli and Megan Bilkie meanwhile sign on to help guide the vendor's client services and sales teams.
Linedata Service Tackles Hedge Fund Compliance
Linedata, the Paris-based solutions provider, has unveiled Linedata Compliance Managed Service to address the complexity of global hedge fund regulations by incorporating rule monitoring across different geographies and jurisdictions.
Bailard Switches to Indata's iPM Cloud
Asset management firm Bailard, which is headquartered on the outskirts of San Francisco, is now live on Indata's iPM Cloud platform, the vendor's hosted environment.
Deloitte Study Finds Increased Risk Management Tech Spend
The eighth biennial survey on risk management practices concluded that almost two-thirds, or 65 percent, of financial services firms have upped their risk management and compliance spend. 58 percent say more increases are expected in the next three years.
TeraExchange Files SEF Application
TeraExchange has announced that it has submitted an application to the US Commodity Futures Trading Commission (CFTC) to become a swap execution facility (SEF).