Tech
A Crowded Market: Brokers, Vendors Battle with FIX
As FIX connectivity costs have risen over the past five years, more brokers are looking to outsourced or hosted solutions to manage those costs. But vendors must prove much in order to win business in an increasingly commoditized space.
New SimCorp Dimension Platform Offers Enhanced Risk Functionality
Copenhagen-based SimCorp has unveiled version 5.3 of its front-to-back-office investment management platform, SimCorp Dimension. The new version offers users reverse stress-testing functionality, in addition to enhanced collateral management and…
Caplin Systems Adds Android, iPhone 5 Accessibility
London-based web trading technology provider Caplin Systems has launched Caplin StreamLink Android and Caplin StreamLink iOS for greater accessibility to its technology
LSE Buys Two-Thirds Stake in GATElab
GATElab, a vendor of low-latency trading solutions, announced today that it has sold a 67 percent stake to the London Stock Exchange Group (LSEG), effective as of last December.
Activ Financial Extends Pre-Trade Risk Offering to Canada
Risk management vendor Activ Financial has announced that it is extending its Activ TradeDeck product's coverage to include Canadian exchanges.
The Show Must Go On
As regular readers of Buy-Side Technology, Sell-Side Technology and Waters will have noticed over the past week, we're gearing up for the first annual Sell-Side Technology Awards, to be held in New York on April 23.
Squawker, Ullink Complete Connectivity
Squawker, the London-based pan-European, sell-side block trading venue, and Ullink, a provider of low-latency connectivity and trading technology, are now connected through Ullink's global trading network.
Misys and MarkitSERV Team Up For FX Clearing Capabilities
Misys' Confirmation Matching Service (CMS) customers can now to deliver foreign exchange (FX) derivative trades to central counterparties (CCPs) through MarkitSERV's FX clearing gateway.
Javelin Taps IPC's Connexus Ahead of Swaps Execution
Nascent derivatives execution platform Javelin, which plans to serve as a swap execution facility (SEF) in the newly regulated environment, will plug into IPC's Connexus financial extranet that includes a variety of interbroker dealers and institutional…
Some Sell Side for the Buy Side
Anthony previews the inaugural SST Awards, and reviews the top buy-side stories from this week.
Entries Open for 2013 Sell-Side Technology Awards
WatersTechnology is happy to announce that the 2013 Sell-Side Technology Awards website is live and entries to the awards are open.
ICE, Cetip Bonds Platform Approved in Brazil
Brazilian securities regulator Comissao de Valores Mobiliarios (CVM) has approved Intercontinental Exchange's (ICE) fixed income trading platform, developed in conjunction with Rio de Janeiro-based depository Cetip.
Polish CCP Taps Nasdaq OMX for Clearing, Risk Management
KDPW_CCP, the Polish clearing house, has gone live with Nasdaq OMX's over-the-counter (OTC) clearing and risk management solution, Sentinel.
Indus Valley Rolls Out Cloud Form PF Platform
Buy-side tech vendor Indus Valley Partners has announced a "lite" edition of its cloud-based Form PF reporting platform.
ITG Releases Closing Auction Liquidity Algo
Execution and research broker ITG has announced the release of its Dynamic Close algorithm, which pursues market liquidity in NYSE and Nasdaq closing auctions.
Midwestern Exchange Ends Outcry Trading After 156 Years
The CME Group promised, upon completion of its purchase of the Kansas City Board of Trade (KCBT) in December, to keep the exchange's trading floor open for at least six months. That promise will go no further, as CME has announced its intention to end…
FTN Financial Implements HelixRepo, HelixMBS
Part of First Tennessee National Bank based in Memphis, FTN Financial Capital Markets will use HelixRepo and HelixMBS to track fixed-income financing and automate allocation of its mortgage-backed securities (MBSs) pools, respectively.
Capco Introduces 'Living Wills' Platform
Known officially as resolution plans, living wills for financial institutions are mandated by Dodd-Frank to provide rapid and orderly deconstruction of institutions in event of distress or bankruptcy.
Swaps Exchange TrueEX to Receive Services From Interactive Data
Massachusetts-based Interactive Data will provide a suite of services to trueEX, the first interest rate swaps exchange approved by the Commodity Futures Trading Commission (CFTC) as a designated contract market (DCM).
OpenLink Announces EMIR Compliance Software for Bilateral Derivatives
OpenLink Financial, a transaction lifecycle management (TLM) software provider based in Uniondale, New York, has launched a European Market Infrastructure Regulation (EMIR) business intelligence solution, an extension of OpenLink's CubeIntelligence…
RBS Fined $612 Million for Libor Manipulation
The Royal Bank of Scotland (RBS) has been fined $612 by US and UK regulators over its role in the manipulation of the London Interbank Offered Rate (Libor), becoming the latest bank to be indicted in the ongoing scandal.
Fighting Zombies: Valuation Scrutiny Upends Private Equity
Regulators and potential investors have made clear that private equity (PE) firms should draw a line from valuation algorithms to limited partner, or LP, reporting. Technology is the ink.
CLS Names New CFO
CLS Group has selected ex-American Express staffer Alexander Fishie to take the post of chief financial officer (CFO).
IBM Upgrades Big Data, Cloud Approach
Technology juggernaut IBM has announced an extensive revamp of its PureSystems integrated platform, which allows for the rapid deployment of private cloud infrastructure and large data set analysis.