Tech
Numerix Adds Derivatives Modeling Framework for Trading Desks
The firm's CrossAsset Integration Layer (CAIL), based on its current analytics platform, will allow users to build custom interfaces for listed, exotic, and structured products.
IPC Expands Connectivity with CME
Trading communications provider IPC says CME has added its Financial Markets Network as an "approved telecommunication service provider" for its Aurora, Ill. datacenter.
Cloud's Green Reputation May Be Overblown
Cloud computing provides obvious efficiencies in both cost and energy consumption. But behind the good vibes are some overlooked ways that large datacenters may be hurting the environment.
eVestment Nabs PerTrac, Fundspire in Continued Alternative Investments Push
Atlanta-based eVestment, which provides institutional investment data and cloud-based analytic solutions, has acquired both PerTrac and Fundspire, both of which offer buy-side tailored solutions.
Bloomberg Launches App Portal
Bloomberg, a New York-headquartered provider of financial information, has released a new app portal.
Omgeo Expands Chilean Presence as 3 Brokers go Live on Omgeo CTM
Three major Chilean broker-dealers ─ LarrainVial, Celfin Capital and IM Trust ─ are now live on Omgeo's trade matching service, Central Trade Manager (CTM).
Using Gnodal Switches, Emulex Builds a Network Congestion Reducer
Network latency has been reduced by half in tests, ideal for high frequency trading.
PhilipCapital Singapore, Schroders Connect to Calastone for Order Routing
PhilipCapital Singapore, a brokerage firm with $18 billion under management, has gone live on Calastone's automated funds order routing service.
Jih Sun Futures Taps Orc for Taiwan Futures Exchange Connectivity
Jih Sun Futures, the brokerage arm of Taiwan-based Jih Sun Financial Holdings, has chosen Orc Software to provide connectivity to the Taiwan Futures Exchange.
Where Next for Risk and Compliance?
While tools and trinkets are pretty, the key to proper regulatory compliance is attitude and information.
Mexican Bank Adopts SunGard For Treasury Management
The Front Arena solution supports trading and portfolio management, among other Banca Afirme needs.
Cleartrade Exchange Enables Price Discovery of OTC Derivatives
Cleartrade Exchange, the Singapore-based venue supporting the trading of over-the-counter (OTC) derivatives, has launched a new service enabling the automatic injection into the market of orders linked to an underlying commodity price.
Ovum Data Incorporated Into Bloomberg Platform
Ovum's telecommunication and information technology industry data is now available on Bloomberg's professional service platform.
Squawker Chooses BT Radianz for Infrastructure Provision
Squawker, an electronic trading venue due to go live in the first quarter of next year, has entered into a strategic partnership with BT Radianz.
Saxo Bank Signs with Greenline for Testing, Monitoring Solutions
Danish investment bank Saxo Bank is partnering with Greenline Financial Technologies for a suite of testing, certification and monitoring solutions: CertiFIX, MagniFIX and VeriFIX.
CITIC Takes SuperDerivatives for Risk Management
CITIC Bank International (CBI) has expanded its use of SuperDerivatives data and technology to encompass its risk management division.
GAM Joins SunGard Global Network for Mutual Fund Distribution
Dublin-based investment management firm GAM, which has $48 billion in assets under management, has joined SunGard's Global Network to distribute its mutual fund products.
Orc Links ABN Amro for Execution
Orc, a technology vendor owned by Nordic Capital Fund VII, now provides access to US execution services through ABN Amro Clearing.
The Uncertainty is Gone─Whether You Like It or Not
After months of uncertainty, the electorate in the US has voted for four more years with President Obama, which means that Dodd-Frank isn't going anywhere.
Omgeo Hires Kiley for Industry Relations Role
Post-trade specialist Omgeo has announced the appointment of Jeff Kiley to the post of director of industry relations for the Americas.
BT Combines Trading, CRM Systems at Mizuho
London-based Mizuho International has selected BT for the integration of its client relationship management (CRM) software, its research arm and its trading systems.
Informed Portfolio Management Taps Portware for FX
The Stockholm-based investment manager Informed Portfolio Management (IPM) will use Portware FX in a bespoke, end-to-end solution that mirrors a growing trend in buy-side currencies trading.
HTML5 the Future for Web-Based Trading Apps
A survey of over 300 app developers within the financial services industry suggests that HTML5 is the future platform upon which web-based trading apps will be built.
ADM Investor Services Taps Trading Technologies for Derivatives Access
Chicago-headquartered ADM Investor Services has chosen Trading Technologies' (TT's) fully managed hosting service to provide its institutional investors with access to the global derivatives markets.