News
Eric Noll Bolts Nasdaq for ConvergEx
Nasdaq OMX announced today that Eric Noll is leaving the exchange operator to become president and CEO-in-waiting of ConvergEx Group.
BerchWood Partners, iLevel Team Up
The software provider for private investment firms has arranged to partner with BerchWood, which will introduce iLevel's private data platform to its fund management clientele.
HSBC's Choueiri Takes on European CDO Role
As HSBC's European chief data officer for global banking and markets, Hany Choueiri is responsible for data standards, policies and data quality services
Bloomberg Feeds European Asset Swap Spreads Into New Benchmark
Bloomberg Index has launched a benchmark that provides market-driven measurement of credit risk and funding rates of high-quality European banks
MarkitSERV to Process OTC Derivatives for OTC Clearing Hong Kong
MarkitSERV, Markit’s electronic trade processing service for over-the-counter (OTC) derivatives, now connects customers to OTC Clearing Hong Kong (OTC Clear), the clearing service established by Hong Kong Exchanges and Clearing (HKEx). OTC Clear started…
SIX Launches Solvency II Service With Comprehensive CIC Coverage
The data vendor is supplying more than 120 data points to help asset managers and insurers comply with the European Union directives, including the new Complementary Identifier Code, which the company is providing at both the instrument and individual…
Amid Upgrades, Fiserv Announces TradeFlow on Linux
Fiserv has announced that its post-trade processing TradeFlow product, recently upgraded with connections to MarkitSERV, will now be available on Linux.
Velocimetrics, Datacom Ally for Market Data Integrity Monitoring
Latency monitoring technology provider Velocimetrics has released a joint offering with East Syracuse, NY-based network monitoring tap and switch provider Datacom Systems that will enable customers among global investment banks, regional banks, brokers…
Quincy Microwaves ICE, Eyes Lower Latency
Oakland, Calif.-based low-latency connectivity and market data provider Quincy Data will next year begin distributing US and European futures data from IntercontinentalExchange via its Quincy Extreme Data service, to support the low-latency arbitrage…
LSE to Consolidate Data, FTSE Contracts
The London Stock Exchange Group is embarking on a project to simplify contracts within its Information Services division, which will see customers’ existing real-time market data contracts combined with licensing agreements from index provider subsidiary…
EOX Readies Near-Real-Time OTCGH Data
EOX, the technology and data division of energy and commodities broker consortium OTC Global Holdings, is planning to make the entire universe of over-the-counter data from its parent company’s 16 brokerages available in near-real time to support risk…
Tabb Builds Practice to Map DnA (Data and Analytics)
Research firm Tabb Group has set up a Data and Analytics practice to advise financial firms on opportunities to leverage emerging data management and analysis technologies and processes across their business.
McObject Preps eXtremeDB Financial Edition V2
Issaquah, Wash.-based in-memory database provider McObject is preparing to launch a new version of its high-performance eXtremeDB Financial Edition database, featuring an enhanced library of vector-based statistical functions.
OpenGamma Debuts Margining Platform
Risk management technology and analytics provider OpenGamma has launched the Platform for Margining, a new platform to address margining requirements related to new over-the-counter (OTC) market structure changes being pushed through in the US through…
Rimes Survey: Buy-Side Data Governance Growing in Priority
The provider's recent study of head technologists at 42 asset management firms, custodians, and other asset holders reveals that data governance has become obligatory, if not yet well-developed.
Markit, Hobart Capital Collaborate on Commission Management
The financial information provider and agency-only brokerage based in London have come together to provide Hobart's buy-side customers, which range from mutual funds to Delta One desks, a new solution for managing direct commission sharing agreements …
Bloomberg SEF, Goldman Execute First Electronic Market-Agreed Coupon Swap
The rate swap contract, otherwise known as a MAC, was completed with Goldman Sachs on behalf of a leading global asset manager.
HSBC Exec: Entities Without LEIs May Face Trading Restrictions in Europe
HSBC's Chris Johnson has warned market participants to ask their banks and brokers about possible trading restrictions for entities that do not have legal entity identifiers after the European Markets Infrastructure Regulation reporting requirements are…
Stoxx Moves Plagge from Frankfurt to NY
Index provider Stoxx's US business has appointed Jan-Carl Plagge senior market development manager, based in New York, to provide the vendor with a research and product development specialist to serve clients in North America.
Instinet Upgrades Commission Management Tools
Instinet, the equity execution services arm of Nomura, has announced a raft of updates to its Plazma commission management platform.
ETAS 2013: Latency Identification is Paramount for Reduction
As low-latency market access becomes a basic requirement for modern equities trading, panelists at the European Trading Architecture Summit (ETAS) in London discussed the challenges of implementing high-performance trading technology, to optimize…
Deloitte Spain Taps SuperDerivatives' DGX Terminal for Corporate Treasury Clients
The Spanish business of accounting and consultancy firm Deloitte has rolled out derivatives pricing, data and risk management software vendor SuperDerivatives' cloud-based DGX data terminal platform to provide its customers with access to real-time cash…
Probable Volcker Hedging Requirement to Tax Trade Capture Processes, IT
The latest round of amendments to the Volcker Rule is said to have tripled its pages, now rumored as high as 1,000. Supporters of a prescriptive approach say that isn't necessarily a bad thing. But one unresolved issue could have many tier-two sell-side…
TeleWare Group Expands Presence to North America, Taps Miller to Lead Effort
Communications technology specialist TeleWare Group is launching a North American division out of New York that will be headed by Mark Miller.