Tech
SAS Prepares Event Stream Processing Software
Business analytics provider SAS has announced a launch date for its new event stream processing (ESP) software.
Orc Releases Unified Market Access Product
Capital markets software vendor Orc has announced the release of Orc Trade Access, its stand-alone product for market access connectivity.
Pricing Partners Enhances Credit Risk Engine
Analytics and valuations provider Pricing Partners has announced the addition of value-at-risk (VaR) assessments to its credit valuation adjustment (CVA) software.
NSE Shifts Blame for India Flash Crash
Since India’s S&P CNX Nifty index dropped 900 points earlier this month, the country’s largest exchange hasn't disclosed any evaluations of its own mistakes. One technologist has a few suggestions.
FIX Group Standardizing Venue Data
The sell side is all over the map when it comes to execution venue data that it provides to clients. FIX is trying to fix that.
Link Up Markets Taps Swift for T2S
Link Up Markets, a consortium of 11 European central securities depositories (CSDs), will connect to Target2-Securities (T2S) via Swift’s financial messaging network, once the new pan-European settlement infrastructure is launched in 2015.
Vega-Chi Unleashes Credit ATS for Institutional Investors
Vega-Chi, which has operated a multilateral trading facility in Europe for several years, has launched a credit alternative trading system (ATS) that will allow firms in the US to match specific credit products without intermediation.
NYSE Tech Expands FIX Capabilities with Appia Business Centre
Through the Appia suite of products, also including the core Appia FIX Engine and TradeScope, a monitoring solution, global market participants have access to the tools to manage and monitor their FIX infrastructure, connectivity and traffic.
With Redkite Acquisition, NICE Gains Real-Time Surveillance Capabilities
Compliance software vendor NICE Actimize has acquired Redkite Financial Markets, a provider of cloud-based surveillance technology, in a deal that completed earlier this week.
Tradeweb Launches ETF Platform
Multilateral Trading Facility (MTF) operator Tradeweb has announced the launch of a multi-dealer-to-client platform for exchange-traded funds.
PrimeOne Introduces SwapCloud Platform for Buy Side
The prime brokerage services arm of CoreOne Technologies, PrimeOne, says its cloud-based offering will feature a range of swaps products derived from equities, convertible and corporate bonds, sovereign debt and futures, as well as Indian participatory…
Tradar Releases Insight 5.0 for Portfolio Management
Financial software provider Tradar's latest version of Insight features improved post-trade compliance, multi-way reconciliation and increased processing speed.
Eagle Selects Vermilion for Client Reporting Package
Eagle Investment Systems has announced a partnership with Vermilion Software, in which it will provide the vendor's reporting product to clients.
Foresight Publishes Final HFT Report
Foresight, a UK government-affiliated research group located within the department for Business, Innovation and Skills (BIS), has published its final report on computer-based trading (CBT).
Canadian Firm Takes on Linedata for Portfolio Management
Vertex One's old system could not cope with its increasing demands as the firm reaches the $1bn mark in assets.
IPC Expands Korean Connectivity
Communications and turrets provider IPC says Koscom, technology arm of the Korean Stock Exchange (KRX), will use its Connexus extranet and Direct Connect data service to upgrade their operations in Busan.
Advise Expands Reporting Solution for CPOs and CTAs
The modules will help commodity pool operators and commodity trading advisers stay compliant with upcoming reporting deadlines.
LME Signs Surveillance Deal with MillenniumIT
The London Metal Exchange (LME) has agreed a deal with MillenniumIT for multi-asset surveillance technology.
New CME Globex Platform Now Live, With a New Matching Engine, Interfaces Coming
Last week the CME went live with its new Globex platform, the CME Performance Release, which features a new infrastructure and order gateways. The platform aims to increase predictability for the CME's customers, with plans for a new matching engine in…
Orange Boosts UK Team with MD Hire
Nigel Warner has been appointed as the UK managing director of Orange Business Services - Trading Solutions.
Looking for Excel in All the Wrong Places
In an era where the speed of light is actually becoming a problem, it’s amazing how a lack of sophistication permeates certain areas of businesses.
The Right Cross: Rate Swaps Nearing Cross-Margining Frontier
As clearing bears down on interest rate swaps contracts, buy-side firms will have to take a close look at dealer efficiency. Modeling knowledge and cross margining infrastructure are good first steps.
Moscow Exchange Taps Equinix for Low-Latency Link
Moscow Exchange has connected to Equinix's London LD4 International Business Exchange datacenter for direct access to its markets.
SS&C Acquires Hedgemetrix
SS&C has announced that it has acquired fund services provider Hedgemetrix, based in Irving, Texas.