News
CAT Bid List Shrinks to Six
The national securities exchanges and the Financial Industry Regulatory Authority (Finra) have selected six bids from the list of ten request-for-proposal (RFP) responses that were submitted to build and maintain the Consolidated Audit Trail (CAT).
Telx Opens Third NYC Datacenter
Datacenter and hosting provider Telx has completed construction of a new 72,000 square foot datacenter at 32 Sixth Avenue, one year after first announcing the project (IMD, July 17, 2013).
Canid AM Appoints Hughes as Technical Director, Partner
The boutique long-short equities shop based in Silicon Valley has brought on Fred Hughes to lead its technology strategy.
World'Vest Base Builds Sharia Index for Egyptian Islamic Finance Association
The Egyptian Islamic Finance Association (EIFA), a Cairo-based Islamic banking organization, has rolled out an index of sharia-compliant Egyptian stocks compiled by company information and research provider World'Vest Base, with the goal of attracting…
New Clients Join BATS Chi-X Europe Reporting Service
BATS Chi-X Europe has announced that four new participants have joined BXTR, its recently-launched suite of on- and off-exchange trade reporting service.
Eze Software's Keller on New Cloud Offering
Eze Software Group has launched a new cloud-based offering. The first service receiving the cloud treatment is Eze Data Services, a data hub and integration service that supports position and transaction interfaces.
Investit Adds John Boyce to its Roster
London-based consultancy Investit has hired John Boyce to help grow its technology consulting, data and benchmarking services.
Fidessa Launches Trade Affirmation Service for Buy Side
The technology vendor’s new application enables direct trade affirmation between the buy side and sell side
RVS Appoints Elmer New CEO
Rate Validation Services, a provider of benchmark rate pricing services with offices in Singapore, London and Australia, recently named Lachlan Elmer chief executive, following the departure of former CEO Kevin Milne earlier this year.
Fidessa Launches Affirmation Management Service
Technology vendor Fidessa has debuted its new Affirmation Management Service (AMS), designed to automate affirmation processes between the buy and sell sides.
Markit Announces Confirmation Service for FX Options
London-headquartered technology provider Markit has announced the development of a new electronic service for foreign-exchange (FX) options confirmations and exercise management, in conjunction with a number of investment banks.
Cinnober Takes Helm of Boat
Cinnober has acquired Markit Trade Reporting, dubbed Boat, from Markit. Starting today Cinnober will take control of Boat's European trade reporting service after Markit earlier this year announced it would no longer support the service.
BOAT Sails from Markit to Cinnober
Cinnober, a Swedish provider of exchange trading platforms and related market technologies, has acquired the Markit Trade Reporting service (also known as BOAT), and has taken over full responsibility for the over-the-counter trade reporting platform and…
Thomson Reuters to Step Up UBS Index Data Integration, Post-Acquisition
Thomson Reuters says it will continue to distribute data on the UBS Convertible Indexes via its Eikon terminal, Elektron network and datafeeds, after acquiring the convertible bond benchmarks from UBS, renaming them the Thomson Reuters Convertible…
LEI Foundation to Focus on Search for CEO, But COU Unlikely This Year
Following its inaugural meeting last week, the board of directors of the global legal entity identifier foundation is to focus on finding a CEO of the foundation, but does not expect the central operating unit of the system to be up and running before…
Aréas Assurances Selects Linedata Chorus For Fund Management
Aréas Assurances, a French independent group made up of mutual insurance companies, has selected Linedata fund accounting and administration software solution, Linedata Chorus.
Clear Peak Capital Chooses IMS From Cymba Tech
Clear Peak Capital, the investment management arm of Clear Peak Capital Master Fund, has selected Cymba Technologies’ Investment Management Solution (IMS), Athena, to support its portfolio and order management, pre- and post-trade compliance, as well as…
Informa IS Adds Nasdaq Indexes to Fund Management Platforms
New York-based investment technology provider Informa Investment Solutions, a subsidiary of UK publisher Informa, is adding index data from Nasdaq OMX to its Zephyr StyleAdvisor and PSN Enterprise products, to provide its customer base of consultants and…
Thomson Reuters Renews, Adds to Icap Swaps Data Deal
Thomson Reuters has renewed a long-standing contract to distribute price data on US Treasury bonds and US dollar-denominated interest rate swaps from interdealer broker Icap via the page 19901 service on its Eikon desktop for an undisclosed term, and is…
Macquarie Futures to Use CTC Reconciliation
Macquarie Futures has opted to use Gresham Computing’s Clareti Transaction Control solution (CTC) in the Amazon Web Services (AWS) cloud, to deliver automated reconciliation and exception management services to clients that use its brokerage services in…
Study Recommends Open Standard For Taxonomies
London-based companies eTrading Software and Expand, working with broker-dealers, concluded that FIBO and ISMAG fixed-income data efforts would coordinate better with an open standard
Philippine Stock Exchange Adopts Nasdaq Tech
The Philippine Stock Exchange (PSE) will adopt X-stream Trading technology from Nasdaq OMX for trading equities and ETFs. It is expected to go live in mid-2015.
RVS Incorporates OTC "Trade Evidence" into Rates Pricing
Benchmark rate pricing software vendor Rate Validation Services has launched a "trade-evidenced data service," dubbed Creator, which provides clients with consensus contributions, adjusted using actual executed trade data.
Bannocks Leaves Barclays, Sets Up Consultancy
After holding senior data management roles at Barclays, Nomura and Thomson Reuters, Chris Bannocks has set up a consultancy that provides services for financial institutions and technology vendors