News
BiG XYT Adds Cairns to Lead Sales
Cairns has more than 15 years in sales and account management roles at data and trading technology vendors and financiail institutions.
Citco Releases Waterfall Calculation Tool
Platform automates and standardizes waterfall payments for limited and general partners.
Opus Names Emanuele Conti CEO
Conti was previously CEO of Kroll Inc.
Fund Administrator Multifonds Appoints Keith Hale CEO
Hale charged with leading firm’s expansion into new markets, expanding asset class and fund administration solution coverage.
BM&FBovespa First Exchange to Join R3
Brazilian exchange will work with consortium on its shared ledger platform.
Hong Kong Government Sets Up Fintech Sandbox
Hong Kong’s regulator observed that more fintech initiatives were being explored by the banking industry.
FlexTrade Enhances FlexTrader EMS with Data Visualization Support
FlexTrade has gone to market with TradeGuide, a series of pre-defined web components that reside within FlexTrader, the firm's EMS.
Avelacom Sets Up Network PoP in DataSpace Datacenter Used by Moscow Exchange
The new POP in the same facility as The Moscow Exchange's trading engine, along with other network optimizaiton efforts, will provide faster access to Russian markets.
Commerzbank Picks AxiomSL
Service aims to address multiple regulations on one platform
Lemanik Asset Management Taps Linedata for Compliance Monitoring
Luxembourg asset manager deploys Linedata Compliance for UCITS and AIFM directives, but will manage its own reporting functions.
Trax Launches MiFID Instrument Reference Data Service
Identifying eligible instruments for reporting is a challenge for firms
MarketAxess Adds Ancoa Market Surveillance for its Fixed-Income Platform
Market abuse surveillance capabilities deployed on European fixed-income multilateral trading facility.
McKay Brothers Sells Minority Stake to HFT Firm IMC
The investment will support the continued growth of McKay’s network business.
Franklin Templeton Inks Quill Deal for Investment Commentary
Using Narrative Science's Quill product will help Franklin Templeton to scale its commentary production and focus on more complex analysis.
Thomson Reuters Sows Crop Data App on Eikon
The app collects crowd-sourced crop data directly from farmers, aggregates it for traders, then provides actionable market insight back to farmers.
Equinix Completes LD6 Datacenter Phase 2 Expansion
Datacenter provider doubles co-location capacity following £26 million investment.
Bloomberg Develops Tool for Initial and Variation Margin Rules
New standards take effect worldwide in September
R3 Adds MetLife to Roster
Insurance company joins the blockchain consortium that has now grown to 60 financial firms.
Trendrating Unveils ‘Portfolio Momentum Rating’ for Aggregated Portfolio Analysis
The new capability enables fund managers to rate their portfolio by momentum to indetify underperforming stocks and ETFs.
Symbiont Appoints Caitlin Long as President, Chairman of the Board
Long will work to commercialize blockchain in Symbiont's bid to make the financial industry more efficient.
CFN Taps Equinix Vet for Sales
Hardie has spent almost 30 years in the technology and telecoms industries.
Eris Bows Streaming Prices for 3-, 4-Year Contracts
The move is in response to clients demanding liquidity in less active tenors for trading and hedging purposes.
Bloomberg Vows to Expand Barclays Index Unit Post-Acquisition, Keep Index Data Free
The vendor says it has been talking with clients to address any concerns about the transition of the index assets acquired from Barclays.
Basel III Progress Report: Some Jurisdictions' Banks Struggling to Adjust IT Systems to Meet Requirements
The Basel Committee on Banking Supervision also found "significant gaps" in data accuracy and adaptability.