Tech
BCS Gains FCA Authorization, Launches Brokerage
Russian financial group BCS Prime Brokerage has gained regulatory approval from the UK's Financial Conduct Authority (FCA), and is launching its international brokerage business.
SEFs at the Starting Gate, Technologists Prep for Challenges
On May 16 this year, US regulators finalized long-awaited rules that govern various aspects of how swap execution facilities will operate. Several years after the draft rules were first announced, attention now turns to the technology challenges…
CFN Launches TradingHub Link to Global Venues
Network provider CFN Services has announced the launch of TradingHub, a secure cloud connecting liquidity venues worldwide with one single connection.
Tradier Taps Nasdaq OMX FinQloud to Build Cloud Platform
Tradier, a cloud-based brokerage technology platform, has selected FinQloud, a secure cloud computing platform from Nasdaq OMX to build its "cloud brokerage in a box."
Datawatch Agrees Panopticon Purchase
Big-data specialist Datawatch has announced an agreement to acquire Swedish visualization and analytics vendor Panopticon.
CameronTec Signs CEESEG for Catalys
Infrastructure provider CameronTec has announced that the Central and Eastern Europe Stock Exchange Group (CEESEG) has signed a five-year deal for its Catalys range of products.
TeraExchange Signs NFA for SEF Regulatory Services
The National Futures Association (NFA) has announced that TeraExchange has signed a pre-launch regulatory services agreement (RSA) with the industry body as part of its application to become a swap execution facility (SEF).
CalPERS Migrates to Charles River’s Managed Services
The California Public Employees Retirement System (CalPERS) has implemented Charles River’s Managed Services to streamline its investment management infrastructure.
HedgeStart Signs IT Outsourcing Partnership with Commensus
HedgeStart Partners, the London-based alternative investment consulting firm, is to partner with Commensus PLC to provide IT outsourcing and cloud-based services to its clients.
Azul Systems Partners with Solarflare to Reduce Latency on Java Applications
Azul Systems, a provider of Java Virtual Machines, has announced a partnership with Solarflare, a provider of 10 Gigabit Ethernet (10GbE) server adapters, conceived to reduce end-to-end latency within java applications and eliminate jitter.
Marking Time on Mifid II
Europe, surprisingly, seems to agree on something.
JPMorgan Debuts Collateral Management Tools
JPMorgan has announced the launch of Collateral Central, its collateral-management tool suite for buy and sell-side clients.
S&P Capital IQ Launches Portfolio Risk Solution
S&P Capital IQ has launched its Portfolio Risk solution, a risk and scenario analytics tool that provides an ability to make decisions about the pricing, hedging and capital management of multi-asset class portfolios in real-time.
Sapient Sees Frankfurt as Center for Growth
Sapient Global Markets has its sights set on Germany after opening a new office in Frankfurt in the third quarter of 2012, with additional hires on the horizon.
Abacus Releases Buy-Side File Hosting Service
Abacus Group, a provider of hosted IT solutions for hedge funds and private equity funds, has introduced FlexDrive, a file-hosting service that allows hedge funds and private equity firms to share and transfer files with other users and other devices.
SS&C Names Reilly as Vice President of Institutional Outsourcing
SS&C Technologies Holdings has appointed Timothy Reilly as senior vice president of institutional outsourcing to support the growth goals of its institutional services division.
Etrali Expands Mobile Recording Offering for Dodd-Frank Compliance
Etrali Trading Solutions, the Paris-based provider of voice and electronic trading infrastructure, has extended its mobile recording solution in the US today, to help firms meet Dodd-Frank compliance requirements.
BankersAccuity Adds Russian PEPs to WorldCompliance
The new database of politically-exposed persons (PEPs) reflects recent tightening of rules requiring know-your-customer (KYC) monitoring both in Russia and internationally.
Omgeo Names Shanahan as Managing Director of GRC
Post-trade services provider Omgeo has appointed Jeannie Shanahan as managing director of governance, risk management and compliance.
Hedge Fund Technologists Give Back
Next week, the Alternative Investment Technology Executives Club (AITEC) will hold its first annual charity golf event. Anthony applauds its efforts.
MTS Launches European IRS Platform
MTS, a subsidiary of the London Stock Exchange, has announced the launch of MTS Swaps, its platform for the electronic trading of interest-rate swaps in Europe, aimed at buy-side institutions.
Mini Options' Early Successes Attract Prop Shops, Divert Tech Spend
Introduced in March, five “mini options”—or options tied to a minimum number of 10 shares, smaller than their conventional larger relatives that usually require 100—are steadily attracting proprietary trading shops behind the retail investors they were…
Progress Agrees Apama Sale to Software AG
Progress Software has reached an agreement with Software AG over the sale of its complex events processing (CEP) arm, Apama.
DataArt Partners with 10gen for Data Aggregation, Opera Reporting
Software provider DataArt is teaming up with 10gen, which develops the MongoDB NoSQL open-source database, to tackle challenges related to big data and the aggregation of data. The first result of this pairing is a reporting solution for the proposed…