News
MDSL Preps Trading Cost Management Tools
UK-based MDSL is rolling out a new service aimed at helping financial firms manage their Fix trading connectivity spend, similar to how they manage market data spend using the vendor's market data management (MDM) platform.
Principal Global Investors Taps Vermilion for Client Reporting
Asset manager Principal Global Investors has gone live with the Vermilion Software Reporting Suite to fully automate its client-reporting and communication cycle.
Markit Eyes Front-Office Push with thinkFolio Acquisition
Markit has acquired London-based portfolio management system (PMS) provider thinkFolio, in a deal that will see the buy-side stalwart join Markit’s enterprise software division.
Inglis Set for AIMA Helm
The Alternative Investment Management Association (AIMA), the global hedge fund industry association, has announced that Jack Inglis will take over as its CEO from February 1.
BCS Appoints Barker Executive Chairman
BCS, the largest trader of equities and FX on the Moscow Exchange, has appointed John Barker as executive chairman of the BCS Financial Group in London. Barker assumed his new role at the start of January 2014.
Conde joins Calastone Board
Calastone, the global funds transaction network, has appointed former SunGard chief executive, Cristóbal Conde, as non-executive director. Conde will take a seat on the Calastone board and has also purchased a minority stake in the privately held…
Nasdaq Quits SIP Over Lack of Tape Progress
Nasdaq OMX plans to cease operating the Securities Information Processor (SIP) that collects data on Nasdaq-listed stocks, calculates a best bid and offer, and distributes the consolidated feed of quote and trade data─known as Tape C or the Unlisted…
BMO Taps Broadridge for Tax Reporting System
Bank of Montreal Financial Group (BMO) has selected the Tax Forms Plus (TFP) system from Broadridge Financial Solutions to support its tax reporting requirements.
Mirus Futures' Gets Access to Contiuum Data and Execution
Continuum, an arm of Denver-based CQG, has announced a partnership with online futures broker Mirus Futures whereby Continuum’s hosted infrastructure, including its market data delivery systems and distributed exchange gateways are made available to…
Market Prophit Adds ‘Maven' Filter to Crowd Sentiment, Ranks Individuals' Performance
New York-based social media sentiment analysis provider Market Prophit has created a filtered version of its sentiment feed, which creates sentiment scores for companies based on mentions in social media, and has added a feature that ranks the most…
Markit Hub Adds Roubini Economic Data
Markit has added economic research and analysis from Roubini Global Economics (RGE) to its Markit Hub research platform, which aggregates research, analysis and news from banks, data vendors and news providers.
TeraExchange Strikes Deal with Pair of European IDBs
The New Jersey-based swap execution facility (SEF) has sealed trading agreements with OTCex and RP Martin, two European interdealer brokers (IDBs) based in Paris and London, respectively.
Swift Chooses SmartStream for Calendar Data
Swift has chosen to work with SmartStream partly because the software and managed services vendor is itself a user of calendar data
Fidessa Promotes Thomas, Hires Jeffrey
Trading technology and market data provider Fidessa has appointed Emily Thomas as global head of new business sales and Phill Jeffrey as Asia-Pacific regional sales director.
Roubini Global Economics' Research Added to Markit Hub
Headed by economist Nouriel Roubini, the global consultancy known as RGE will now contribute to Markit's aggregated news, analysis, and research hub for institutional investors.
Customers Begin Testing Swift Services for EMIR Reporting
The messaging services vendor is providing two ways for market participants to report data on over-the-counter derivatives trades, when European regulatory requirements to do so come into effect on 12 February
Three Years On, Europe Agrees Mifid II
A raft of new laws regarding the operation of securities markets in Europe is a step closer to becoming a reality, after European authorities clinched a deal regarding the review of the Markets in Financial Instruments Directive (Mifid), known as Mifid…
Data Boiler Names Former JP Morgan Exec COO
Edward Lai, former vice president of the chief investment office at JP Morgan in Asia, has joined Big Data analytics startup Data Boiler Technologies as managing director and chief operating officer, responsible for product development, compliance and…
FastMatch Selects Caplin to Develop FX Matching Platform
FastMatch, the foreign exchange (FX) electronic communication network (ECN) co-owned by BNY Mellon, Credit Suisse, and Forex Capital Markets (FXCM), has chosen Caplin Systems to develop a new electronic distribution platform for its spot-FX matching…
D&B, FirstRain Ally for Integrated Company Data
Information providers Dun & Bradstreet and FirstRain announced a partnership that will see the integration of FirstRain's company, industry and customer research and social analytics with D&B's structured company data.
Nominees for LEI Foundation Directors Published
Gerard Hartsink has been nominated as chair of the board of directors of the Global Legal Entity Identifier Foundation and says he and the 15 other nominees understand the foundation and central operating unit must move quickly
Trefis Taps S&P Capital IQ for Interactive Research
McGraw Hill Financial-owned S&P Capital IQ Equity Research, the independent research arm of S&P Capital IQ, has partnered with data visualization technology vendor Trefis to allow Trefis users to access research models for roughly 600 companies and 1,500…
DTCC's Arthus Appointed Omgeo President, CEO
Paula Arthus will take over from Marianne Brown as president and chief executive officer of Omgeo on February 21
ZKB Taps Corvil for Data Quality, Latency Monitoring
Zürcher Kantonalbank (ZKB) is rolling out Dublin-based latency management technology vendor Corvil's Operational Performance Monitoring platform to monitor market data quality, FX order flow as well as quote-to-order and gateway latency.