News
Thomson Reuters Adds Country of Risk to DataScope
The data services provider is using an algorithm that considers factors including the domicile of a company and produces data about the top ten countries to which the company is exposed
Arista to Improve Performance of S&P Cap IQ DMA Service
Arista Networks, the Santa Clara, California, cloud networking provider, will provide S&P Capital IQ Real-Time Solutions’ clients with advanced data transfer speeds and improved performance via the firm’s QuantLINK offering.
UBS and NRI Make Offering to Japanese BDs
UBS has paired with Tokyo-based systems provider Nomura Research Institute (NRI) to offer middle- and back-office solutions for Japanese broker-dealers seeking to expand across the Asia-Pacific region.
FIX Trading Community Updates Bond and Swaps Platform Guidelines
The industry-driven standards body has incorporated best practices for cross-asset trading, legal entity identifiers, central counterparty clearing, and electronic booking of voice trades into its new guidelines, ahead of full implementation of US swaps…
MarketAxess Gains Temporary SEF Status
Electronic trading platform operator MarketAxess has received temporary approval from the US Commodity Futures Trading Commission (CFTC) to operate as a Swap Execution Facility (SEF).
Misys Unveils Global Back Office System
London-based financial software vendor Misys has launched its new Global Back Office system today at the Sibos 2013 event in Dubai.
S&P CapIQ Taps Arista to Speed Data
S&P Capital IQ Real-Time Solutions (formerly French low-latency data vendor QuantHouse, which S&P acquired last year) is leveraging switch technology vendor Arista Networks' EOS (Extensible Operating System) to improve the performance of its QuantLink…
Calypso Opens Dubai Office
Technology vendor Calypso has announced that it will open a new presence in Dubai, responding to enhanced client growth in the Emirati city-state.
Markit, Genpact Partner on KYC Service
The data and process service providers are developing a customer data service they say will improve the efficiency and quality of client data processing, and plan to launch the offering in the second quarter of 2014
Omgeo Completes Oasys-to-CTM Client Migration Amid Growth
Global vendor Omgeo has announced that it has completed the migration of clients from its legacy Oasys platform to Omgeo Central Trade Manager (CTM), as it also touted the addition of 220 investment and broker-dealer clients in 2013 to date.
Pico, SpryWare Ally on Latency Offerings
Chicago-based ticker plant and feed handler provider SpryWare has struck a deal with New York-based agency broker and infrastructure provider Pico Trading to offer Pico’s clients access to the vendor’s feed handlers, and in return gain access to Pico’s…
OliveTree Taps Markit for SecLending Data
London-based analytics provider OliveTree Financial Group has integrated securities lending data from data provider Markit into its OTAS (OliveTree Trading Analysis System) analytics platform, which captures data on different asset classes and factors to…
Morningstar Expands Commodities Pricing, News; Adds Commentary, Context to Quant Ratings
Chicago-based data and investment research provider Morningstar has added new content to the products of its Morningstar Commodity Data business—the former Logical Information Machines, prior to its 2009 purchase by Morningstar—which aggregates market…
NYSE Tech and Koscom to Cross-Connect Trading
NYSE Technologies, the commercial technology division of NYSE Euronext, have signed a Global Trading Hub Connectivity Agreement with Koscom, the technology firm created by the Korean Ministry of Finance and Korea Exchange, as a follow-up to their 2012…
SEC Calls for Kill Switches Post-Nasdaq Outage
US Securities and Exchange Commission (SEC) chair Mary Jo White met with top industry executives today following the technology glitch on August 22 that saw the trading of Nasdaq-listed securities halted for three hours.
Tradeweb Takes Control of BondDesk
Tradeweb Markets has agreed to acquire bond trading platform provider BondDesk to extend its business interests into the fixed-income industry.
Interactive Data Names Daffron New CEO
Interactive Data has appointed Stephen C. Daffron president and chief executive effective Sept. 20, replacing Mason Slaine, who has held the position for three years.
Aquis Exchange Connects to Savvis
Savvis, a Missouri-based cloud infrastructure and hosting specialist, will expand connectivity to Aquis Exchange, the proposed pan-European equities trading exchange and software developer, via Savvis Markets Infrastructure. The connection will provide…
Former Morgan Stanley Exec Appointed Interactive Data CEO
Stephen Daffron will replace Mason Slaine as president and chief executive of the data vendor on September 20
DST Hires New Exec for North America
Boston-based DST Global Solutions has named Robert Leaper head of business development for North America, to expand its client base in the region.
BAML Debuts FX Prime Brokerage Platform
Bank of America Merrill Lynch (BAML) has announced that its new foreign exchange (FX) prime brokerage platform has launched on BAML Mercury.
Moody's Service Ties Together Economic, Regulatory Data
Version 3.4 of RiskFrontier from Moody's Analytics applies economic capital changes to regulatory capital changes for Basel III compliance
Panel: Latency Monitoring More Important than Low Latency
Whereas 10 years ago, low latency was the preserve of a select few firms whose sole focus was chasing zero, the commoditization and ubiquity of low-latency technologies has made raw speed more of a necessity to keep pace with the rest of the market, and…
IMD Chicago: Firms Outsource Infrastructure to Address Data Storage, Regulation
End-user firms are increasingly turning to outsourcing to deal with the storage challenges associated with big datasets caused by rising data volumes and the ongoing raft of new regulatory initiatives requiring more intensive data collection, according…