Tech
Salerio Switch Offers Central, Local Matching Choice
Salerio, a software vendor specializing in post-trade management, has launched Salerio Switch to provide market participants with a choice between local and central matching of trades.
Coller Capital Partners with DataArt on Custom Software
The custom software developer has teamed with Coller, a hedge fund based in London, on internal applications development.
Norwegian Guarantor Fund Selects Xenomorph’s TimeScape
Bankenes Sikringsfond will use the data management provider's analysis and decision support tool to centralize its analytics.
Newedge Releases Prime Brokerage FX Platform
While FX has been a part of the company’s suite of prime brokerage services for institutional clients, the new version provides better access to the global currency market.
Fundhost Taps SS&C for Oz Fund Administration Business
Sydney-heaquartered back-office services provider Fundhost has selected SS&C's AdvisorWare platform to support the launch of its Australian hedge fund administration business.
SEF Nuances Provide Challenges for Liquidity Aggregation
While liquidity aggregation as a practice is nothing new for market participants, the specific character of Swap Execution Facilities (SEFs) and their diversified offerings will lead to new ways of thinking for sell-side firms, research from GreySpark…
BNY Mellon Wins Allianz Outsourcing Deal
Allianz Global Investors (AGI) has awarded a contract to provide outsourced data and accounting services for a range of its funds to BNY Mellon.
Expedition Launches Imagine's Cloud for Risk Management
Hong Kong-based hedge fund Expedition Advisors has integrated with Imagine Software's cloud-based portfolio management and risk offering.
MarketPrizm Announces DMA Access to London Metal Exchange
Trading infrastructure provider MarketPrizm has established direct market access (DMA) to the London Metal Exchange (LME).
BlackRock, Thomson Reuters to Provide Fixed-Income Analytics for Buy Side
Investment management firm BlackRock and data vendor Thomson Reuters will partner to create a distributed fixed-income derived analytics set through BlackRock Solutions (BRS), the firm's solutions provision arm.
SunGard Expands Loanet
The new service automates the collection and settlement of rebates from firms borrowing or lending securities.
Spanish Exchange Calls Orange for HFT Flow
Madrid-based exchange operator Bolsas y Mercados Españoles (BME) has connected to Orange Business Services' TCSnet to attract faster flow.
The Two-Day Maneuver
For something relatively simple in concept, the shortening of settlement cycles can be rather complex in practice. Moving away from T+3, though, is inevitable, and it has a solid groundswell of support within both the buy and sell sides.
Fidessa Promotes Chatterjee, Opens Mumbai Office
Trading software vendor Fidessa has announced the opening of a new location in Mumbai, India.
Human Error, Not Tech, Blamed in Morning Index Scare in India
This morning, the National Stock Exchange (NSE) of India halted trading for 15 minutes when a primary index, the S&P CNX Nifty, rapidly dropped over 900 points to a low of 4,888.20, after opening at 5,815.00, losing 16 percent of its value.
Colorado Startup Fund Manager Happy With Linedata
Public Trust Advisors had to find back-office solutions quickly, but its choice has worked out thus far.
Is Apple's iPhone Beginning to Establish its Dominance on Wall Street?
At this year's Buy-Side Technology North American Summit, technology leaders at several major buy-side firms discussed their bring-your-own-device strategies, but most of the talk was around the Apple iPhone and iPad, and not Android or BlackBerry.
Buy-Side Execs: More Responsibility, Fewer Predators in HFT
Industry-initiated measures and disincentives for swooping in ahead of large orders are key as regulators continue to offer only a measured response.
Majedie's Foray into Contextual Blogging Seeks to Eliminate Internal Email
Combining relationship management information aggregation with scalable IT architecture represents a paradigm shift for nimble fund managers.
On-Demand Algo Service Launched by RTS
RTD Tango, RTD Tango Trader, and RTD Tango Quant are all available as part of the customizable package.
FSA's Sampson: Data Accuracy Trumps Speed
Gerald Sampson, head of the operational risk review team at the UK's Financial Services Authority (FSA), says banks should be more concerned about accuracy of data than risk aggregation speed.
eBX Fined for Information Leakage
The US Securities and Exchange Commission (SEC) has fined dark pool operator eBX for failing to protect confidential information.
Augustsson Promoted to Cinnober CEO
Veronica Augustsson is the new chief executive of Swedish-based technology provider Cinnober, following her promotion from head of sales.
Data Principles Important But Elusive
A firm-wide set of data management principles—such as a single version of the truth, as one audience member at the Buy-Side Technology North American Summit put it—are difficult to formulate in siloed environments, and when different business units…