News
Citi Fined $7M by SEC for Trade Data Errors
The fine is the highest imposed by the SEC for violations relating to reporting of "blue sheet" data, which encompasses various types of trade data.
New ComplySci CEO Outlines Plans for Platform Expansion, Growth
Jean-Marc Levy tells WatersTechnology that the vendor will build more predictive tools to monitor employees, expand into Europe and expand beyond financial services.
Fincad Adds F3 Workstation to Extend Portfolio Analytics with Web Application
Fincad's James Church talks with WatersTechnology about expanding the F3 offering to portfolio managers, traders and risk managers.
Avox Migrates Data Center to the Cloud
Legal entity reference data service moves to Amazon Web Services
Quantitative Brokers Launches Futures Execution Algorithm
New algorithm, Closer, targets best execution around closing price benchmarks for market-on-close and target close futures orders.
Foundation Launches Tool for Challenging LEI Data
Users can send queries via GLEIF website
Thomson Reuters, CME Integrate IM Networks
The integrated instant messaging platforms will support collaboration between 300,000 users, officials say.
Disclosure Tech Vendor Certent Buys Reporting Provider DisclosureNet
The acquisition will improve the reporting and filing process, while making it easier for clients to extract information from disclosures.
OptionMetrics Adds Staff to Support Growth
Kim and Villanueva are two of a number of new hires appointed to support the company's growth after experiencing three quarters of record revenue.
TickSmith Unveils File Management Module
Officials say the new tool will make it easier for clients to find content held in millions of files.
Deutsche AM, Henderson, AXA IM Join Board of Bond Trading Utility Neptune
Board of newly established management company composed of buy-side and sell-side members, Grant Wilson named as interim CEO.
State Street Joins GlobalCollateral Pilot Program for Margin Settlement
The program aims to streamline and automate management of collateral from the initial call to settlement.
R3 Moves into Africa with Addition of Absa Bank to Blockchain Consortium
Barclays Africa subsidiary is first African bank to join group consisting of over 50 banks.
Perseus Eyes More Client Wins for ‘Spend Mobility' Service Amid Markets Uncertainty
Uncertainty in regional markets is driving interest in the new service, which allows clients to quickly change connectivity needs to enter or exit markets.
Quandl Picks Up EDI Data
Search provider adds corporate actions database
Velocimetrics Launches Market Data Replay Solution
The managed service allows users to replay market data scenarios to help reduce trading loss and meet MiFID 2 requirements for algo trading.
IP Trade Expanding to More Cities in an Effort to Win Bank Marketshare
Christopher Corridon, managing director for North America, sees the current buying cycle as the last one for traditional turrets.
Wombat Vet McIntyre Departs Vela Trading Technologies
The former SR Labs COO took the personal decision to leave the vendor last month after his job responsibilities were relocated to the US.
Providers Partner for Timestamped Reports
Abide Financial and Corvil announce joint solution that includes function to help clients accurately capture trades
Data Revenues Up as Other Exchange Sectors Slump
Exchange market data and index revenue growth tops 9 percent with Intercontinental Exchange edging CME Group as the largest industry player.
Customer Assessment Emerges as Regulatory Priority in Asia-Pacific
Firms increasing focus on anti-money laundering and know-your-customer requirements, Wolters Kluwer advisor says
Asset Control Upgrades Risk Data Service
Features designed to manage rules including FRTB
Thomson Reuters Adopts Singapore Standards for KYC Service
Org ID managed service will follow outsourcing provider standards set by banking industry group
Icap Launches New EBS CNH Benchmark
The EBS CHN benchmark will provide the first transparent reference rate for offshore RMB trading in international markets.