Tech
HKEx Unveils Extensive Restructure
The Hong Kong Exchanges and Clearing (HKEx) has undergone a major personnel restructuring, with all new appointments effective today.
CTI, Markit Launch Fatca Compliance Tool
Compliance Technologies International (CTI) and Markit have launched Fatca Service Bureau to help financial institutions with compliance to the Foreign Account Tax Compliance Act (Fatca), which came into force at the start of the year.
Citi Realigns Institutional and Consumer Banking Tech Control
As co-presidents, Jamie Forese and Manuel Medina-Mora will have immediate technology oversight as part of CEO Michael Corbat's new management structure.
Chicago Board Options Exchange Readies Customized Option Pricing Service
Market Data Express (MDX), an affiliate of Chicago Board Options Exchange (CBOE), will launch the CBOE Customized Option Pricing Service (COPS) next week.
State Street Rolls Out Compliance Assistance
State Street has developed a suite of services to assist clients with compliance testing and reporting requirements for the US Commodity Futures Trading Commission’s (CFTC) rule amendments announced last year.
CI Casa de Bolsa Taps Perseus Telecom for New York-Mexico City Connection
CI Casa de Bolsa, a brokerage house based in Mexico City, has joined Perseus Telecom's ultra-low latency network between New York and Mexico City.
SunGard Acquires XcitekSolutionsPlus
SunGard has announced the acquisition of Birmingham, Alabama-headquartered XcitekSolutionsPlus (XSP).
Watson Wheatley Upgrades Reconciliation Software
Watson Wheatley Financial Systems has launched Version 2 of its i-Recs reconciliation software.
Thomson Reuters Launches Fatca Compliance Suite
Thomson Reuters has launched a compliance suite to help firms to get in line with the US Foreign Account Tax Compliance Act (Fatca).
Thomson Reuters Trio Quit to Form Tradepoint Systems
A trio of former Aegisoft partners, a New York-based electronic trading firm acquired by Thomson Reuters in 2010, have left the company to launch a new software business, Tradepoint Systems, LLC.
BNY Mellon Receives CSD Approval
The Bank of New York (BNY) Mellon has received regulatory approval for the launch of a new Issuer Central Securities Depository (CSD).
JPMorgan Consolidates Operations with Single Platform
JPMorgan has launched a single electronic trading platform, consolidating more than 30 individual platforms onto a single user interface.
Open Platform: The Front Office in the Cloud
The need to cut costs without compromising client service and business performance is putting tremendous pressure on businesses, spurring them to evaluate their internal processes and consider moving some of these to a managed services model. The past…
Bursa Malaysia Adds MillenniumIT Surveillance System
Bursa Malaysia has gone live with the SurveillanceTM System for trade oversight from MillenniumIT, part of the London Stock Exchange Group.
DTCC Now Disseminating Swap Prices and Data
The Depository Trust and Clearing Corporation (DTCC) has announced the successful receipt of swap prices and transaction data at its DTCC Data Repository (DDR).
ConvergEx Improves Asia-Pac Algos
ConvergEx has made enhancements to its execution capabilities in the Asia-Pacific markets.
Progress Software Names Perkins as Chief Financial Officer
Progress Software has chosen Chris Perkins as its new chief financial officer (CFO).
Swap Dealer Registration, Real-Time Data Reporting Begins
The US Commodity Futures Trading Commission (CFTC) has announced the successful commencement of public real-time swap transaction data reporting, and swap dealer registration, pursuant to Dodd-Frank Act mandates.
Celoxica Launches FPGA-Powered Futures Platform
Market data and order entry systems vendor Celoxica has launched its new futures trading platform for US and European markets.
InfoReach Enhances Risk Tool
New York-based trading platform provider InfoReach has enhanced its risk limits tool, available as part of its trade management system or as a separate module.
OTC Participants Self-Report a Lack of Readiness
A survey by London-based consultancy Rule Financial has quantified, albeit in an unscientific way, what a feature for the November issue of Waters revealed anecdotally: Financial institutions are unprepared for over-the-counter derivatives (OTC) reform…
OTC Participants Self-Report a Lack of Readiness
A survey by London-based consultancy Rule Financial has quantified, albeit in an unscientific way, what a feature for the November issue of Waters revealed anecdotally: Financial institutions are unprepared for over-the-counter derivatives (OTC) reform…
Numerix Adds Multi-Curve Modeling Functionality
Cross-asset analytics provider Numerix has announced enhanced multi-curve modeling capabilities for Portfolio, its trade capture application.
Tokyo and Osaka Bourses Merge as Japan Exchange Group
The Tokyo Stock Exchange (TSE) and Osaka Securities Exchange (OSX) have merged their operations under a new holding company, the Japan Exchange Group.