Tech
In Landmark Action, NYSE Settles with SEC Over Data Feed Allegations
The Securities and Exchange Commission (SEC) and NYSE Euronext announced a settlement this morning, including a $5 million penalty, ending an enforcement action over failures alledged to have resulted in favoritism, or improper head starts, on certain…
In China, Galaxy Futures Eyes Western Push
As the oldest and largest joint venture (JV) brokerage in the Chinese market, Galaxy Futures is a high-profile representation of outward-looking securities firms within the country. Originally partnered with ABN Amro before the Dutch bank's acquisition…
Quintillion Offers StatPro Revolution for Cloud Analytics
Hedge fund administrator Quintillion has announced that it will offer StatPro's Revolution package as a cloud-enabled analytics service to its clients.
Panel: Anti-Gaming Shifts to the Background
Anti-gaming techniques have become more incorporated into overall order placement strategy and are no longer the big, standalone topic they once were, according to TradeTech West panelists.
Interactive Data Goes Live with Solvency II Engine
Pricing and reference data provider Interactive Data has released an asset-wide data management and reporting tool for asset managers and insurance firms subject to the EU's Solvency II Directive.
UBS Automates Fee Billing Through Bonaire Platform
UBS has gone live with Bonaire Software Solutions' Revport platform.
Atlanta Capital Rolls Out Charles River IMS Version 9
Atlanta Capital, an Atlanta, Ga.-based investment advisory firm with $13.5 billion under management that operates as an independent subsidiary of Eaton Vance Corp., has implemented the Charles River Investment Management Solution (IMS) Version 9 to…
Exchanges Shouldn't Internalize For Profit, Says Headlands' Andresen
There is a difference between internalizing and internalizing for your own benefit, explains Matthew Andresen.
Quants' Conundrum: Funding Valuation Adjustment Comes Into Its Own
While firms, regulators, and academics continue to debate a suitable role for FVA, technologists and quants are forging ahead with implementations.
PineBridge Taps Bonaire's Revport for Fee Billing
Asset manager PineBridge Investments has selected Bonaire Software Solutions' Revport platform to centralize its fee billing processes.
On Form PF: Call Me, Maybe?
If you submitted your first Form PF filing on Aug. 29, then Anthony wants to hear from you.
NYSE Technologies Pairs with FlexTrade on Volumes Forecasting
NYSE Euronext's technology arm, NYSE Technologies, will partner with FlexTrade Systems to provide its market data clients with a predictive analytics platform.
Perseus Shores Up LatAm Presence with ETradeLab Deal
The global connectivity provider says it has acquired ETradeLab, a Brazilian financial services support provider based in São Paulo.
BNY Mellon Upgrades AccessEdge for Collateral Monitoring
BNY Mellon has announced the addition of new functionality to its AccessEdge product, now allowing for real-time monitoring of transactions and collateral positions.
Moscow Exchange Launches Efficiency Program
The Moscow Exchange, formerly Micex-RTS, has rolled out its new program aimed at increasing the effectiveness of algorithmic trading in its securities and foreign exchange (FX) markets.
Who Should Pay for the New TCA?
When it came time to announce who will bear the cost of next-generation transaction cost analysis (TCA), the experts had more than one suggestion.
Miller Tabak Deal Marks More SaaS Success for Fidessa
Financial services solutions provider Fidessa says Miller Tabak & Co., a specialist institutional trading firm, has implemented a comprehensive solution to back multi-asset trading.
No Buy-Side OMS/EMS to ‘Rule Them All’—Yet
Hedge funds are diversifying, says ITG's Will Geyer, and he expects trading desk tools to follow suit.
Quants' Conundrum: Funding Valuation Adjustment Comes Into Its Own
While firms, regulators, and academics continue to debate a suitable role for FVA, technologists and quants are forging ahead with implementations.
Marathon Asset Management Chooses SimCorp's Dimension
The investment management services provider says Marathon, a credit strategies specialist, has implemented its middle-office platform.
Robson Departs Reuters for NYSE Technologies CEO Role
NYSE Technologies, the technology division of NYSE Euronext, has appointed Thomson Reuters' Jon Robson as its new CEO.
Delta Lloyd Bank Taps Wolters Kluwer for Risk Management
Delta Lloyd Bank has chosen Wolters Kluwer Financial Services for asset liability management (ALM) and liquidity risk management at its Belgian and Dutch divisions.
Markit EDM Platform Underpins Friends Life’s Growth Strategy
Friends Life Investments, the London-based, recently established asset management arm of the Friends Life Group, which launched in July this year with approximately £6 billion under management, is live on the Markit Enterprise Data Management (EDM)…
Tibra Selects Redkite for Compliance
Proprietary trading firm Tibra Capital has selected Redkite Surveillance to fulfill its compliance obligations under European Securities Markets Authority (ESMA) guidance.