News
Tech Mahindra Launches Data Platform
The data services provider acquired technology from UBS and has in turn signed on the bank as the first user of the new service.
Integral Files SEF Application With CFTC
FX trading solutions provider Integral Development Corp has applied to the US Commodity Futures and Trading Commission (CFTC) to launch a Swap Execution Facility (SEF).
RBS Crowns McEwan as New Chief Exec
The Royal Bank of Scotland Group (RBS) has announced that Ross McEwan will become its new director and group chief executive, effective from October 1, 2013.
GoldenSource Appoints Head of Sales for Americas
Bret Bange has rejoined the enterprise data management software vendor to take responsibility for its sales in the Americas, after spending more than two years at First Derivatives
DTCC Units Name New Execs, Including Deriv/SERV Data CEO
Marisol Collazo is one of several new appointments at the Depository Trust & Clearing Corporation.
Nasdaq Preps US Feed Changes
Exchange group Nasdaq OMX is launching new feeds for its equities, futures, BX and PSX markets, in a effort to replace legacy technology with higher performance alternatives.
Fidessa Debuts Post-Trade FIX Confirmation Hub
Fidessa has announced the opening of its Post-Trade Confirmation Hub, designed to allow allocations and confirmations of trades directly between sell-side and buy-side counterparties via FIX.
Bange Returns to GoldenSource Sales Force
Bret Bange has been named head of sales for the Americas at GoldenSource, a New York-based provider of enterprise data management (EDM).
DTCC Introduces Sweeping Changes at the Top
The Depository Trust and Clearing Corporation (DTCC) has announced a raft of new appointments at senior levels within the firm.
Aite Says Compliance Tech Spend to Increase 35 percent in Three Years
A report from Boston-based consultancy Aite Group indicates that compliance technology spending is likely to grow by 35 percent from 2012 to 2015, with hosted solutions persisting as the preferred deployment option.
SunGard Upgrades Asset Arena InvestOne for ‘Multiple Books of Record’
SunGard has released the latest version of its Asset Arena InvestOne accounting platform and it now has functionality for Multiple Books of Record, as well as the launch of a new operational management and monitoring solution.
Bloomberg Wins CFTC Green Light for SEF Operation
Bloomberg has announced that the US Commodity Futures Trading Commission (CFTC) has given it temporary registration approval for the operation of a swap execution facility (SEF).
Consultant J&J Helps Build FinQloud's Reputation
In these early months of its existence, Nasdaq OMX FinQloud benefits as much from the reputational boost its clients provide as from the profits they bring in.
Numerix Integrates FVA Framework
The analytics provider has added a new framework for sell sides to calculate funding valuation adjustment (FVA) for arbitrary instrument types, including bespoke instruments with optionality, callability, and triggers such as Bermudan swaptions.
Scivantage, Broadridge Partnership Delivers Recon to Maxit
Scivantage has tapped Broadridge Financial Solutions' consolidated business process outsourcing solution to support reconciliation activities for certain procedures for its cost-basis reporting platform, Maxit.
ITG Brings Posit Alert to Mexico
Agency brokerage ITG has launched Posit Alert─its platform for sourcing large block orders of liquidity─for Mexican equities.
G2 Fintech Adds to Advisory Board, Staff Ahead of Cloud Push
Scott Devinsky, CFO at First Oak Capital Management, joins the tax analysis and compliance provider's board. Peter Kohli and Megan Bilkie meanwhile sign on to help guide the vendor's client services and sales teams.