News
Advent Makes Across-the-Board Upgrades
San Francisco-based Advent Software has added functionality to its Geneva, Advent Portfolio Exchange (APX), Moxy, Advent Rules Manager, and Advent Revenue Center products.
Startup Metamako Launches 4ns Switch, Dismisses Zeptonics History
Startup Australian low-latency provider Metamako launched its first product today, Dec. 4, an ultra-fast switch that company officials say combines latency of four nanoseconds with high levels of monitoring functionality.
Heward Takes SS&C's Wealth Management Platform
Heward Investment Management has selected SS&C Technologies' Global Wealth Platform (GWP), the vendor has announced.
Backed by Calypso, OTC Clearing Hong Kong Completes First RMB Swap
The non-deliverable forward renminbi seven-day repo swap was executed last week using the financial technology provider's central counterparty (CCP) over-the-counter (OTC) clearing solution and collateral management module.
Charles River Adds ‘The Yield Book' to IMS
Charles River has added real-time mortgage analytics from The Yield Book into its investment management solution, Charles River IMS, in an effort to grow its fixed income decision-making capabilities.
BNY Mellon Launches Liquidity Administration Service
BNY Mellon is rolling out a new liquidity administration service for funds of hedge funds and pension plans.
Markit Lands BBVA Asset Management for EDM
BBVA Asset Management has selected Markit's enterprise data management (EDM) platform in an effort to cut costs by streamlining its operations, while minimizing operational risk, according to Daniel Simpson, managing director and head of enterprise…
SBI Securities Adopts MarketPrizm Low-Latency Feed
London-based market data and trading infrastructure services provider MarketPrizm will provide normalized feeds of market data from the Japan Exchange Group's TSE FLEX platform and from private trading system SBI Japannext to SBI Securities, Japan's…
eVestment Adds HFR Hedge Fund Data
Atlanta, GA-based investment analytics software vendor eVestment is integrating alternative investment data and indexes from Hedge Fund Research-a Chicago-based provider of hedge fund industry databases, reports and indexes-into its suite of analytics…
Asian Broker CLSA Uses Ullink for Risk
CLSA has selected Ullink’s pre-trade risk management system for its pan-Asian trading activity.
Morningstar Unveils UK Passive Funds Analyst Ratings
Chicago-based data and investment research provider Morningstar's UK subsidiary has launched a proprietary set of analyst ratings for passive funds, initially covering 25 of the most popular index funds in the UK.
BBVA Chooses Markit EDM For Spanish, Mexican Data Hubs
Banco Bilbao Vizcaya Argentaria Asset Management will use the locally installed version of the Markit Enterprise Data Management platform to create data management hubs in Spain and Mexico
IBOR Breakfast Briefing: Projects Should Make a Firm Feel ‘Small’
Jon Rushman, professor of practice in the finance group at Warwick University Business School, said in his keynote address to an investment book of record (IBOR) breakfast briefing hosted by Waters, that the central idea behind an IBOR is making a…
Fitch Solutions to Add Pre-LEIs to Unrated Entities
The data and analytics vendor currently includes pre-legal entity identifier codes for the entities rated by Fitch Ratings and now plans to do the same for its sets of unrated data, including credit default swap pricing data
Markit Selected by ASIFMA for Hong Kong Electronic Equities Compliance
The financial information provider's Counterparty Manager technology will be deployed by buy-side and brokerage members of the Asia Securities Industry and Financial Markets Association ahead of new Hong Kong Securities and Futures Commission (SFC) rules…
Perseus Launches London Metro Microwave Data Network
New York-based low-latency network provider Perseus Telecom has launched a new microwave data distribution service that allows customers to connect wirelessly to major London financial markets.
Object Trading Adds OpenMAMA Interface to FrontRunner
Trading technology and data platform provider Object Trading is adding support for NYSE Technologies' OpenMAMA messaging layer framework-the open-source version of its Middleware Agnostic Messaging API-to its Frontrunner direct market access suite, to…
Euroclear Confirms UK T+2 Settlement from Next Year
Euroclear UK and Ireland has said it is coordinating with a number of UK venues to ensure that shortened local settlement cycles will be in effect from 2014, in line with regulatory mandates.
ICE, DTCC Announce Closure of NYPC
The IntercontinentalExchange (ICE) and the Depository Trust and Clearing Corporation (DTCC) have announced that New York Portfolio Clearing (NYPC) will be wound down, with interest-rate futures listed on NYSE Liffe US moving to ICE Clear Europe.
Icap Appoints COO
Inter-dealer broker Icap has announced that Ken Pigaga will take on the role of global chief operating officer.
Execs Exit Iress in Canada, South Africa
Australia-headquartered data and trading technology provider Iress Market Technology last week announced the departure of two senior executives at its subsidiaries in Canada and South Africa.
Aite Report: Alternative Data, Visualization, Historical Analysis Top Buy-Side Wish List
Hedge funds and asset managers are integrating middle-office datasets into their front-office portfolio management workflows to support investment decisions, and are seeking more interactive ways to view and manipulate data, according to a report…
Eze Adds Workflow and Reporting Enhancements to Tradar 5.1
Eze Software Group has released version 5.1 of its Tradar PMS portfolio management system for the buy side.
BATS Chi-X Touts 2014 Data Price Cap, BXTR Reporting as Basis for EU Tape
BATS Chi-X Europe has pledged not to increase market data fees in 2014 for its US and European subscribers, following several well-publicized fee increases at regional exchanges, including the London Stock Exchange, which notified clients in October of a…