Tech
Korek Lands CEO Role at Kinetic Partners
London-based financial services advisory firm Kinetic Partners has installed Julian Korek as its new CEO to lead the firm’s expanded management team.
Sommers Leaves CFTC
Jill Sommers has announced that she will be leaving the US Commodity Futures Trading Commission (CFTC), where she has served as a commissioner since 2007.
ConvergEx Quits 'Front-End' Tech Business with Eze, RealTick Sale
ConvergEx Group has announced a definitive agreement to sell its Eze Castle Software and RealTick businesses to private investment firm TPG Capital.
With White, Better the Outsider?
In her new role as chair of the SEC, Mary Jo White must demonstrate that she's more than a prosecutor, but someone who can also bring stability to the market.
Optimize: The Whens and the Whys
Collateral optimization systems are coming into vogue as a means of handling some of the obligations of Dodd–Frank and EMIR. In part one of a two-part feature, Jake Thomases examines exactly what about the current market is prompting the adoption, and…
Options Makes it Official With Former NYSE COO
After working behind the scenes since July, Danny Moore has been officially named as COO of Options, the infrastructure-as-a-service (IaaS) provider that rebranded itself late last year, when it was known as Options IT.
Former US Attorney to Head SEC
President Barack Obama will name Mary Jo White to take the place of Mary Schapiro as the chair of the US Securities and Exchange Commission.
Beyond DDoS: Advanced Persistent Threats Linger After al-Qassam
After recent cyber attacks on US financial firms, the conversation has focused on distributed denial of service (DDoS) strikes. But firms need to acknowledge that DDoS is simply a means; the ends suggest something more complicated.
Art and Science: Credit Valuation Challenge II
Although the technical requirements for calculating credit valuation adjustment can be significant, other factors also need to be considered in order for an efficient counterparty risk management operation to be established. The second part of this…
Asset Value Investors Selects Paladyne Suite
Long-only asset management firm Asset Value Investors (AVI) has chosen Paladyne to support its trading, operational and connectivity requirements, the vendor has announced.
Nasdaq to Power Trading and Clearing on East African Exchange
The East Africa Exchange, a new commodity exchange opening in Kigali, Rwanda, has selected Nasdaq OMX as its technology partner.
National Bank of Malawi Installs Misys Global Risk
The Sub-Saharan nation's largest bank, known locally as NBM, will use the firm's Regulatory Compliance solution to meet Basel II requirements.
Lines Blur Between Hedge Funds and Asset Managers
Regulation is driving asset managers and hedge funds into the same space, according to Paris-based vendor Linedata's annual survey of buy-side clients.
Stewart to Lead Credit Suisse in Australia
Rob Stewart has been appointed CEO of Credit Suisse in Australia, effective Feb. 1. He will remain co-head of the investment banking department.
Misys' Truche: Traders Need Direct Access to Risk Information
Misys' Thierry Truche joins WatersTechnology to discuss Misys' recent MGR release.
Kunz Becomes Chair of Information Mosaic
Information Mosaic, the Dublin-based post-trade software company, has named Ulrich Kunz as the new non-executive chairman, effective immediately.
Anfang Moves to Asset Management at JPM
Richard Anfang has been appointed as JPMorgan Asset Management's CIO, in a shift from the same role in the bank's Worldwide Securities Services business.
Nasdaq Hosts New Euro Market with Equinix
Nasdaq OMX NLX, the new interest rate derivatives market from the US exchange operator, will be located in Equinix's LD4/5 data center in Slough, just outside of London.
PNT Financial Taps Orc for FX, Currency
PNT Financial, a Chicago-based trading firm, has linked up with Swedish software provider Orc to support its foreign exchange (FX) and currency market deals.
Standard Bank Deploys Caplin for New SDP
South Africa-based Standard Bank has gone live with its new single-dealer platform, built on Caplin Systems' technology, the UK-headquartered vendor has announced.
Fenics Embeds Options Pricing into 360T
Fenics Software, a GFI Group company, has signed an agreement with 360 Treasury Systems (360T) to embed the Fenics FX Options Pricing engine (Fenics ePricer) into 360T's TEX multi-dealer trading system.
LiquidPoint Adds Reilly as SVP
ConvergEx Group announced that Craig Reilly will join the firm's LiquidPoint unit as its senior vice president of options sales.
BNP Paribas, Multifonds Examine AIFMD-Related Challenges
In a new case study to be released this week, BNP Paribas discusses how it is preparing itself and its clients for AIFMD compliance.
Velocimetrics Debuts V4.0 of Flow Management Product
Velocimetrics, a producer of business flow management software, has released Version 4.0 of its flagship product. The latest version has over 70 new features, including drag-and-drop configurability, new live connectivity visualization, live distribution…