News
ITG Acquires RFQ-Hub
Agency broker ITG has announced the acquisition of derivatives platform RFQ-hub.
Lombard Risk Looks to Leckie
London-based Lombard Risk Management, a provider of regulatory compliance, reporting, and collateral management technology to the capital markets, has appointed George Leckie to lead sales and business development for ComplianceASSESSOR, the firm's web…
Zschach Joins CLS as CIO
Tom Zschach is set to join the foreign exchange (FX) risk-mitigation utility CLS Group as its chief information officer come September 1.
Redline Gets $5M VC Funds, Adds Ex-Thomson CEO Harrington to Board
Woburn, Mass.-based low-latency ticker plant and feed handler provider Redline Trading Solutions has raised $5 million in new funds from Cue Ball Group, a Boston-based venture capital firm chaired by Richard Harrington, the former president and chief…
Bloomberg Touts New Toronto Ticker
Bloomberg has gone live with a new ticker plant in Toronto, to provide financial firms with faster access to data captured from Canadian exchanges, reducing latency by 71 percent compared to its previous offering.
Barchart Rolls Out Canadian Securities Exchange Data
Chicago-based data and analytics vendor Barchart has added market data from the Canadian Securities Exchange to its data services.
GLEIF Sets Fees For LEI Licensing
The foundation, which is responsible for legal entity identifier infrastructure and principles, is relying on the licensing fees to fund the central operating unit administering LEIs
Fincad Snaps up Garfield for Product Marketing Role
Canadian over-the-counter derivatives pricing and risk software vendor Fincad has hired Rob Garfield as global head of product marketing.
CME to Acquire Trayport and Fenics from GFI Group
The CME Group has agreed to acquire Trayport, a trading software provider for the European energy market, and Fenics, a suite of pricing, risk management, analytics and straight-through processing software, in a two-step transaction with inter-dealer…
GE Capital Names Casper as New CDO
Rob Casper, previously a managing director at Morgan Stanley, has been hired by GE Capital as its chief data officer
CME to Buy GFI's Fenics and Trayport Pricing, Trading Tech Businesses
CME Group has announced plans to acquire interdealer broker GFI Group's Fenics suite of pricing, risk management, analytics and straight-through processing software and its Trayport commodities and energy trading technology.
GE Capital Names New CDO
Rob Casper, previously a managing director at Morgan Stanley, has been hired by GE Capital as its chief data officer
SunGard Survey: Firms Still Face Tech Challenges to Extract Value from Data
Financial organizations are struggling to fully utilize analytical tools and data management technologies to extract value or "business intelligence" from raw data because of a lack of adoption of new techniques, a multitude of inconsistent data formats,…
Red Box Lands Tradition Deal
Red Box Recorders has announced a global contract with with inter-dealer broker Tradition, under which the firm will record over 8,000 channels of communication for the firm in the UK and Americas.
Confisio, Dion and Traiana Debut Collateral Valuation Service
Ahead of impending regulatory mandates, Confisio Managed Services, Dion Global Solutions, and Traiana have announced the launch of a collateral valuation reporting service.
First State Super Selects BarraOne for Risk Management
MSCI has announced that Australian superannuation fund First State Super has selected its BarraOne risk management platform.
Colt Hires Net Vet Hutchinson as US Capital Markets Director
UK-based telecom provider Colt has hired Julie Hutchinson as US director of capital markets, responsible for developing its US capital markets business by helping US content providers, trading firms and platform providers to expand their presence to…
TMX Group Clearers Recognized as Qualifying CCPs
The Bank of Canada has announced that clearing houses operated by the Canadian exchange consortium TMX Group are now recognized as qualifying central counterparty clearing houses (QCCPs) in accordance with the Basel Committee on Banking Supervision…
Nasdaq Ships Surveillance Tech for trueEx
Nasdaq OMX's Smarts surveillance platform will oversee both the swap execution facility (Sef) and designated contract market (DCM) operated by trueEX, the exchange group has announced.
CFTC Extends DTCC-Swift's LEI Designation
The US Commodity Futures Trading Commission (CFTC) has extended the designation of the Depository Trust and Clearing Corporation-Swift (DTCC-Swift) as the provider of Legal Entity Identifiers (LEIs).
Tabb: Firms Spend $25 Billion on Content, $3.1 Billion on Data Tech in 2013
Research firm Tabb Group’s Data and Analytics (DnA) group has released a new report, "Market Data Technology Innovation: Bigger Data, Simpler Solutions, Better Functionality," which estimates global spend on market data at about $25 billion in 2013,…
Calypso Appoints Natraj as Global Head of Sales
Calypso Technology has appointed Nat Natraj as its senior vice president for sales and marketing. He will report to Calypso president and CEO Kishore Bopardikar.
NY Fed Hires Goldman's Avery as CDO
Linda Avery, a Goldman Sachs data operations technology executive for about 20 years, begins as chief data officer for the Federal Reserve Bank of New York on July 28
Société Générale PB Taps Wolters Kluwer for Basel III Compliance
Société Générale Private Banking has selected the risk management and regulatory reporting solutions from Wolters Kluwer Financial Services to comply with Basel III requirements in Belgium.