Tech
WCAS Taps iLevel for Performance Reporting
Welsh, Carson, Anderson & Stowe (WCAS), a $20 billion private equity specialist investing in information services and healthcare, will use the cloud-based software provider's solution for data collection, portfolio company valuations, reporting, and…
Borsa Istanbul Signs MoU with Tirana Stock Exchange
Istanbul's stock exchange, Borsa Istanbul, and the Tirana Stock Exchange have signed a Memorandum of Understanding (MoU) during the Tirana Economic Forum, to further their existing collaboration and develop technology.
Charles River Partners 360T for FX
Charles River has announced the addition of foreign exchange (FX) quotes and execution functionality to its Investment Management System (IMS) product.
SST Awards 2013: A Leap of Faith
The inaugural Sell-Side Technology Awards, held on the evening of April 23 at the Marriott Marquis in Times Square, will be remembered for many things, not least because those in attendance were introduced to an American icon in the form of ex-Major…
Trading Technologies Connects to Eris Exchange
Trading Technologies (TT), a Chicago-based provider of trading software for derivatives traders, has connected to SwapBook, the trading platform of Chicago-based swap futures exchange Eris Exchange.
Advent Enhances APX, Moxy in Cloud Push
San Francisco-based Advent Software has released upgraded versions of Advent Portfolio Exchange (APX), its portfolio management platform, and Moxy, its trade order management system. This rollout also includes enhancements to Advent Rules Manager and…
ABG Sundal Collier Taps SunGard Front Arena
Nordic institutional broker ABG Sundal Collier (ABGSC) has selected SunGard’s electronic-trading platform Front Arena, to support its global operations and growth goals.
Panopticon Adds HTML5 Support, Visualization Tools with Update
Data analysis vendor Panopticon has announced the 6.2.2 release of its flagship software, including enhanced visualization tools and deployment methods that include HTML5 publishing capabilities suitable for mobile devices.
Orange Sells Trading Solutions Business to Gores Group
The Gores Group, a US-headquartered private equity firm, has announced its acquisition of the Paris-based provider of voice and electronic trading infrastructure, Orange Business Services ─ Trading Solutions, a subsidiary of France Télécom-Orange.
NYSE-ICE Acquisition Proposal Gains Shareholder Approval
Shareholders in NYSE Euronext have approved the acquisition of the stock exchange giant by IntercontinentalExchange (ICE), one of the first steps in the formalization of an entity that spans equities, commodities and derivatives trading.
Another Poll Indicts Buy Side on Central Clearing
As of March, a majority of buy-side firms were still not ready to centrally clear over-the-counter (OTC) derivatives, according to a poll by SimCorp, a Copenhagen-based software provider.
Nasdaq to Monitor Performance With Corvil
Nasdaq OMX continued the evolution of its operational risk management tools and its relationship with Irish performance monitoring specialist Corvil with its implementation of CorvilNet. By providing greater visibility into trading events, CorvilNet will…
Nasdaq Completes Purchase of Thomson Reuters Businesses
Nasdaq OMX has completed its acquisition of Thomson Reuters' investor relations, public relations and multimedia solutions businesses, which will be integrated with Nasdaq's global technology solutions business.
Nomura Turns to NRI for Mobile CRM
Nomura Securities has implemented the customer relationship management (CRM) solution for mobile devices from Nomura Research Institute (NRI), an unaffiliated Japanese vendor.
Sell-Side Technology Awards 2013: Best Sell-Side Market Surveillance Product ─ SunGard
Given recent events across the financial services industry, few aspects of trading infrastructure and process are of a higher profile than market surveillance. Firms face devastating consequences from failing to properly monitor their employees’ trading…
Sell-Side Technology Awards 2013: Best Overall Sell-Side Product of the Year ─ Numerix
As with the Buy-Side Technology Awards, all category-winning products were considered for this award, the penultimate category of the Sell-Side Technology Awards and one of only two announced on the evening of April 21 at the Marriott Marquis in Times…
Sell-Side Technology Awards 2013: Best Sell-Side Trading Communication System ─ Orange Business Services-Trading Solutions
With all the fuss and attention that software receives, when it comes to fulfilling basic trading needs, people often overlook the humble telephone. No office can operate without one, and the specialized needs of a trading floor make it an essential…
Sell-Side Technology Awards 2013: Best Sell-Side Mobile Initiative ─ Pershing
For better or worse, the days of employees being tethered to their desks are gone. The Apple iPad, and to a lesser degree, other tablet devices, have revolutionized the capital markets and morphed technologists, portfolio managers and, yes, even traders,…
Sell-Side Technology Awards 2013: Best Sell-Side Complex-Event Processing (CEP) Technology ─ Progress Apama
Complex-event processing (CEP) engines are hardly new, but the way they’re now being employed has changed dramatically. CEP once held dominion solely in the front-office realm of low-latency trading. But in recent years, CEP has spread throughout the…
Sell-Side Technology Awards 2013: Best Data Provider to the Sell Side ─ Activ Financial
When Activ Financial launched in 2002, it was considered a low-latency, options specialist. But the plan was always to expand and become a major player in the world of market data. Fast forward to 2013 and Activ has a distribution network across North…
Sell-Side Technology Awards 2013: Best Sell-Side Low-Latency Network ─ Anova Technologies
To win the award for best sell-side low-latency network, Anova Technologies followed Icarus’ lead and took to the air. Thus far it’s been a significantly more successful trip than that of the mythical winged Greek.
Sell-Side Technology Awards 2013: Best Implementation at a Sell-Side Firm ─ Caplin Systems
Of all the categories of this year’s Sell-Side Technology Awards, the award for the best implementation takes more stock of a vendor’s ability to deliver on its promise than any other.
Sell-Side Technology Awards 2013: Best Sell-Side Trading Network ─ IPC
Trading networks are an emergent, but fierce, area of competition in capital markets technology. From concentrated webs within co-located data centers through to global, continent-spanning interconnections that link participants across the buy and sell…
Sell-Side Technology Awards 2013: Best Sell-Side Data Management Product ─ Markit EDM
That Markit EDM ─ previously known as Cadis before Markit acquired the London-based data management technology provider in June last year — extended its focus from its buy-side stronghold to the sell side, is hardly surprising. That extension of its…