Tech
Icap to Establish a Single Global Broking Service
Broking had been run on a strictly regional basis at the interdealer broker.
LCH.Clearnet Acquires IDCG
UK clearing house expands US presence with buy.
Bravura Solutions Hires Hofmann for EMEA Sales
Former Calastone sales director joins vendor's London office.
Infographic: Major Bank Fines in 2012
A visualization of some of the largest regulatory penalties levied this year.
CLS Group Appoints New CEO
Ex-JPMorgan executive to lead settlement bank.
Citi Adds Middle Office Services to Victory Capital Management
The fully implemented solutions build on Victory's longstanding relationship with the bank.
Crowded House: Too Many FX Electronic Platforms?
Given the number of releases within the foreign exchange market of late, it’s fair to say that the most liquid asset class is experiencing a technological revolution. Is there an over-saturation of platforms, however, and what level of sophistication is…
JonesTrading Acquires Conifer Securities
The deal opens up access to new services for both firms.
Cleartrade Exchange, Tradex Launch Chinese Platform
Singaporean partnership to yield Chinese-language GUI.
Thomson Reuters Extends FXall Offer
Information giant also agrees to settle class action lawsuit.
What's Cooking For September's Waters
Jake Thomases and Tim Bourgaize Murray give a sneak peak at the stories they're working on for the September issue of Waters.
Sapient Drives New Connectivity Standard for Cleared Derivatives
The Clearing Connectivity Standard will allow futures commission merchants to transmit clearing information to custodians on asset managers' behalf.
Celent Studies Risk Management in China
Asset managers in particular are dealing with highly varied risk management capabilities and technologies.
Former SunGard Boss Joins Startup True Office as Chairman
Conde had been with SunGard for 24 years before leaving last year.
Smart Move for RBS Appointment
Morgan Stanley staffer joins British bank.
ConvergEx Upgrades Eze OMS
Adds portfolio risk management tools to product.
Julius Bär Acquisition of BAML IWM to Incur Significant Tech Costs
Running parallel platforms, infrastructure upgrades, and migration will constitute a large piece of total transaction costs, estimated at CHF400 million ($411 million).
Signia Wealth Takes Advent Asset Management Platform
UK-based wealth manager implements Advent Software's platform to support growth.
Maple Renamed TMX Group Limited
Maple completed its share transaction of outstanding TMX Group shares.
ASIC Tightens Automated Trading Controls
Australian regulator publishes draft rules on algorithmic trading oversight.
Sell-Side Tech Glitches Provide Lessons for the Buy Side
As firms grapple with decreased IT budgets and work forces, we could see more headlines about problems that can be attributed to technology glitches.
Somalia to Launch Stock Exchange
East African country plans to start exchange in Kenya in Q1 2013.
Excelian Completes Lloyds Murex Upgrade
Tech firm moves banking giant onto MLC platform.
Whatever You Do, Don't Push the Button
What in the world is going on in financial IT?