News
Data Demand Drives Second Nasdaq India Office
Nasdaq OMX has opened a new development office in Bangalore, with the goal of boosting its global technology offerings and to meet growing demand in India for data products, exchange solutions and new listing opportunities.
Itaú AM Taps Omgeo for Automated Post-Trade Processes
Brazil’s largest investment manager, Itaú Asset Management, has implemented Omgeo services for central trade matching and settlement instruction capabilities.
Nasdaq Opens Bangalore Tech Unit
Nasdaq OMX has announced the opening of a new office in Bangalore, India, dedicated to technology development.
BBVA Adds Neoris, AuthenWare for Employee Identification
Banco Bilbao Vizcaya Argentaria (BBVA) has enlisted the services of consultancy Neoris and biometrics firm AuthenWare, to develop a system of cyberbiometrics for employee identification purposes.
WSNS Adds Another IXnet Vet, Brad Lutz
Wall Street Network Solutions has named Bradford Lutz chief administrative officer, to support the company's next phase of growth and global expansion, officials say.
FSMLabs Bows Cloud Time-Sync App
Precision time synchronization solution provider FSMLabs has released TimeKeeper Cloud, a version of its TimeKeeper appliance running on Amazon Web Services that ensures consistent timing between distributed trading applications for effective trading and…
IXcellerate Taps Cladingbowl as Tech Adviser
Russian datacenter provider IXcellerate has appointed Peter Cladingbowl senior technology adviser, responsible for assisting the company's operations team in developing its Moscow One datacenter campus and in the selection process for the Moscow Two…
Abacus Teams With Global Relay for Message Archiving
Abacus Group, a New York-based provider of hosted IT solutions for hedge funds and private equity funds, has partnered with Global Relay, a Vancouver-based provider of hosted email archiving, messaging and compliance services, to institute a message…
RapidMiner ‘Mines' Menzies' Experience to Grow Sales, Partners
Cambridge, Mass.-based predictive analytics provider RapidMiner has hired financial technology sales veteran Andy Menzies as chief revenue officer, responsible for the vendor's sales, business development and customer support functions.
ITRS, Excelian Partner on Murex Systems Monitoring
The monitoring software provider and specialist consultancy are collaborating on real-time system performance metrics and monitoring for cross-asset trading and risk management platform Murex.
Solarflare Releases Network Server Security Solution
Solarflare, a California-based producer of 10 gigabit ethernet (10GbE) networking software and hardware, has launched a distributed, active security solution that is implemented within network servers, the prime targets of cyber security breaches.
SIX Chooses Avox to Map LEIs to Securities Database
A new partnership between the two data vendors means SIX will be able to provide entity-level data to its clients, based on instrument-level requests
Bureau van Dijk Expands Catalyst Risk Data Offering
Dutch company information provider Bureau van Dijk is launching two new products─Credit Catalyst and Procurement Catalyst─that assess reputational and financial risk by blending internal and external company intelligence in one platform.
Tass Signs Etrali for Unified Trading Communications
German institutional bond trading firm Tass Wertpapierhandelsbank GmbH (Tass) has deployed a unified trading communications solution from Etrali Trading Solutions across its trading floors in London and Hofheim, Germany.
EU-Project First Launches Social Media Sentiment Analysis Tool
An European Union-backed consortium, Project First, has launched a prototype tool for near-real-time social media sentiment analysis for financial services firms.
TMX Atrium Mulls Asia FX Expansion, Eyes Canada, SEFs
TMX Atrium, the network provider subsidiary of Canadian exchange group TMX, is considering expanding its current foreign exchange market coverage beyond Europe and the US to Asia, to meet growing demand from customers for FX market data and connectivity…
Infinancials Develops Broker Tool to ID Stocks with Similar Fundamentals
French fundamental data and analytics provider Infinancials has developed a new web application, called Equity Trade Advisor, that online brokers can integrate with their online trading platforms to provide active traders with investment ideas based on…
CBOE Eyes 12-Month Latency Cuts
The Chicago Board Options Exchange is in the middle of an ongoing project to reduce data and transaction latency across its trading systems to less than 100 microseconds, building on existing latency reductions achieved as a result of moving its primary…
Startup Fund Linkul Value Taps YCharts
Startup asset manager Linkul Value Management has signed up to use Chicago-based YCharts’ online fundamental data analysis platform for historical analysis and running reports to create pitch books to attract investors.
OptionsCity Colocates in Equinix in Frankfurt
OptionsCity, a Chicago-based provider of trading solutions for futures and options, has chosen the Equinix data center campus in Frankfurt as its hub for access to German derivatives exchange Eurex.
SuperDerivatives Lays out DGX 2014 Roadmap
Over-the-counter pricing and risk management software vendor SuperDerivatives is building out content and functionality on its DGX market data terminal, following the completion of the first-phase rollout of "must-have" data and functionality components…
S&P CapIQ Expands Asia Market Connectivity
S&P Capital IQ plans to extend its low-latency network to new liquidity centers in the Asia-Pacific region over the coming months, including Korea, India and Thailand, in an effort to meet growing customer demand for real-time exchange data.
Pre-LEI Waiting Times Range From 24 Hours to Three Weeks as EMIR Looms
With implementation of EMIR weeks away, the production time for mandatory pre-legal entity identifiers varies between the pre-local operating units that issue the codes and depends on a number of factors
Eley Pivots to GoldenSource
John Eley, former chief executive of energy and commodities instant messaging, trading and liquidity aggregation software Pivot Inc., which was acquired by CME Group in July 2012 (IMD, July 31, 2012; Aug. 5, 2012), has joined enterprise data management…