News
Cost Optics Taps Ex-Arcontech Exec Dass for Growth
Singapore-based expense management specialist Cost Optics, which provides a software-as-a-service platform for large expense categories, including market data, has hired Chandra Dass as global head of business development, responsible for building the…
WSI Eyes Expense Management Tool Expansion
London-based data management technology vendor Web Services Integration is expanding the coverage of its Vendor Data Manager expense management tool──a module of its Xceptor data management platform──to cover data services from vendors besides Bloomberg.
Jefferies Joins SGX as Clearing, Trading Member
US investment bank Jefferies has joined the Singapore Exchange (SGX) as a clearing and trading member, making the partnership its first derivative exchange membership in Asia.
EFIS 2014: Hanna Urges Exchange Contract Standardization
To simplify and standardize the growing number and complexity of exchange data contracts and policies, exchanges should form an independent industry group to standardize contract terms and language, and how exchanges enforce their contract terms, Rafah…
Citi Expands Total Touch to European Equities
The investment bank's hybrid block equities offering for institutional investors is launching in Europe, with 560 symbols initially supported.
EFIS 2014: Data Sophistication, Volumes Drive Users to Virtual Tech
To get the most out of increasingly sophisticated and voluminous datasets, firms must adopt a flexible approach to investing in technology infrastructure, according to panelists at this week's European Financial Information Summit.
ASX Eyes Yieldbroker Stake
The Australian Securities Exchange (ASX) has made a binding offer to trading platform Yieldbroker, in which it would acquire a 49 percent stake in the firm.
SR Labs Names ex-NYSE Exec McIntyre European COO to Drive Wombat Growth
New York-based low-latency data platform and feed handler provider SR Labs has appointed former NYSE exec Ian McIntyre as chief operating officer in Europe, to spearhead the rollout of new capabilities as part of ongoing changes to the vendor's…
FactSet Adds MNI News
FactSet Research Systems will add real-time foreign exchange and fixed income news agency Market News International's MNI Main Wire to its workstation later this month.
Vermilion Partners with Ortec Finance for Performance Attribution Reporting Solution
Client reporting services provider Vermilion Software has partnered with financial risk and return management technology vendor Ortec Finance to enhance the firm’s performance attribution capabilities.
EFIS 2014: Tighten Inventory Controls, Seek New Sources to Combat Cost Pressures, Says User Panel
Trading and investment firms still facing budget pressures are being more proactive about managing data costs, but are also being forced to be more proactive about seeking out new, cheaper alternative sources of data and managing their data usage to…
Redline Opens Windows to InRush Ticker
Woburn, Mass.-based feed handler and ticker plant vendor Redline Trading Solutions has added support for the Microsoft Windows Server platform to its InRush ticker plant, which previously only ran on the Linux operating system, to open up the vendor's…
Hong Kong RTGS Taps Swift for Market Infrastructure Resiliency Services
Hong Kong Interbank Clearing Limited (HKICL), the clearing and settlement house for the Hong Kong financial market, has agreed to adopt the Market Infrastructure Resiliency Service (MIRS) run by Swift to reduce operational risks and improve the…
EFIS 2014: AXA CIO Says Make IT Costs Transparent to Incentivize Business Lines to Manage Budgets
Financial firms can reduce their IT costs and improve relations between internal teams by adopting a service-based budget and a clear governance model aimed at enhancing staff accountability and incentives, following an example recently implemented at…
REDI Hires Three to Support Institutional Clients out of Boston Office
REDI Holdings, the provider of the REDIPlus execution management system (EMS), has appointed equity sales traders, Sean Graham and Roseann Hoffman Woodford, and software developer Jeremy Warburg, to support its sales, account management, and development…
EFIS 2014: CDO Role Must Focus on Data Transparency, Panel Says
Making data ownership and costs simple and transparent to business users will result in lower costs and better data quality, and should be a key focus of chief data officers, said a panel of CDOs, who spoke at this week's European Financial Information…
DirectFN Signs Five for Decypha Market Intelligence App
Mizuho, Abu Dhabi Commercial Bank, Riyad Capital──the investment arm of Saudi Arabia's Riyad Bank──and Dubai-based trading firms Tharwa Capital and Al Mal Capital have rolled out Dubai-based data vendor DirectFN's Decypha browser-based market…
BME's CCP Gains EMIR Authorization
The Comisión Nacional del Mercado de Valores (CMNV) has given authorization to BME Clearing, in line with obligations from the European Market Infrastructure Regulation (EMIR).
BGC's SEF Connects with Traiana CreditLink
BGC Partners has announced that its swap execution facility (SEF), BGC Derivatives Markets, can now utilize pre-trade credit checks at Traiana's CreditLink facility, before passing on trades for third-party clearing.
SCB AM Goes Live with Charles River IMS
Bangkok-based Siam Commercial Bank Asset Management (SCB AM) has implemented the Charles River Investment Management Solution (IMS) and is now live with the platform, the vendor has announced.
NovaSparks Preps Third Gen of FPGA-Based Ticker Plant
French FPGA feed handler and data appliance provider NovaSparks is preparing to launch a new version of its hardware-only NovaTick ticker plant, which will provide users with new features such as exchange recovery, which are typically found in software…
Barchart Adds Analytics to Trader
Chicago-based data and analytics provider Barchart.com has added advanced options analysis and an options strategy builder tool to its Barchart Trader desktop and mobile market data and trading platform for commodity, equity and foreign exchange market…
Allianz Allies with Thomson Reuters for Bond Pricing
German banking and insurance giant Allianz is to use Thomson Reuters' independent pricing service to meet the firm's fixed income pricing data needs around valuation and meeting international accounting standards.
Plunkett Joins WhaleWisdom for BizDev
WhaleWisdom, an aggregator of investor holdings data from 13F, 13D and 13G Edgar filings, recently hired Brent Plunkett as vice president of business development and a partner in the business with founder Daniel Collins, to market and improve the user…