News
OpenGamma, Risk Focus Partner on Risk Management Distribution
Software provider OpenGamma and consultancy Risk Focus will distribute real-time risk management services that support customized systems for users.
Linedata Service Tackles Hedge Fund Compliance
Linedata, the Paris-based solutions provider, has unveiled Linedata Compliance Managed Service to address the complexity of global hedge fund regulations by incorporating rule monitoring across different geographies and jurisdictions.
Bailard Switches to Indata's iPM Cloud
Asset management firm Bailard, which is headquartered on the outskirts of San Francisco, is now live on Indata's iPM Cloud platform, the vendor's hosted environment.
Deloitte Study Finds Increased Risk Management Tech Spend
The eighth biennial survey on risk management practices concluded that almost two-thirds, or 65 percent, of financial services firms have upped their risk management and compliance spend. 58 percent say more increases are expected in the next three years.
TeraExchange Files SEF Application
TeraExchange has announced that it has submitted an application to the US Commodity Futures Trading Commission (CFTC) to become a swap execution facility (SEF).
Aquis Exchange Makes Two Announcements
Members of Aquis Exchange, the proposed European stock exchange, will be able to access its trading platform via the BT Radianz Cloud financial network.
BSC Proposal to Introduce HFT Tax Criticized
Late last week, the UK's Business Select Committee (BSC) called for the introduction of a tax on high-frequency trading (HFT) activities, a move that has been roundly criticized by the financial services sector.
Sapient, EEX Tackle REMIT Reporting
Sapient Global Markets is now a certified implementation partner of the Leipzig, Germany-based European Energy Exchange, which is beefing up its transparency and reporting portal to help wholesale energy providers comply with mandated Regulation on…
Private Equity Data Alliance AltExchange Grows Membership
The consortium of general (GPs), limited partners (LPs), industry groups, as well as technology provider eFront, which officially launched in May, has seen significant interest across private equity, but especially from larger GPs.
360T Appoints Co-Head of Sales, Americas
Frankfurt-based trading platform provider 360T Group has appointed Patrik Nagel as co-head of sales, Americas, based out of New York.
Pre-LEI Portal Launches Data Sets
P-lei.org, a legal entity identifier consortium launched in June, has begun making pre-LEI data available daily, notably for the US, Germany and France
DTCC To Integrate Services From Full Ownership Of Omgeo
Post-trade processing services provider DTCC says buying out Thomson Reuters' half ownership stake in Omgeo will promote DTCC's expansion, through Omgeo's 6,500 clients and 80 technology partners in 52 countries
Data Quality, Usage Issues Increasing, Survey Finds
Data quality is lacking and usage fees for data management tools are becoming more prominent areas of concern for the financial services industry, concludes a Deloitte report based on surveys of financial services professionals and additional research