News
FATCA Deadline Pushed Back, Buy Side Gets a Reprieve
The US Internal Revenue Service (IRS) issued a notice today saying that certain deadlines pertaining to the Foreign Account Tax Compliance Act (Fatca) have been delayed by six months, as rules around withholding and due diligence will move from January 1…
AIM Upgrade Boosts Clearstream Pricing Capabilities
An upgrade to the data management platform used by Clearstream International to centralize pricing and ratings data will enable the vendor of clearing and settlement services to price more than 700,000 records in the less than 20 minutes
Omgeo Interface Automates Trade Matching For Eze Users
A new link to Omgeo's trade matching system means users of Eze Software Group's order management system will not need to build separate connections to each of their brokers
ESMA Preps Technical Standards for OTC Clearing
The European Securities and Markets Authority (ESMA) has released a discussion paper, as a first step in producing detailed technical standards for the central clearing of over-the-counter (OTC) derivatives instruments.
Nomura Partners Amazon for Cloud Services
Nomura Research Institute (NRI) has announced that it is now a premier consulting partner with Amazon Web Services (AWS), and will be building out a dedicated team to support development of secure cloud models.
SS&C GlobeOp Opens Cloud Portal to the Buy Side
SS&C GlobeOp, the fund admin unit of SS&C Technologies, has extended its cloud-based portal to all of its global fund administration service clients, including hedge funds, fund of funds, private equity and managed accounts clients.
Nasdaq Extends Smarts to Buy Side Through Sterling Partnership
Nasdaq OMX has announced a partnership with Sterling Trader, extending the use of its Smarts Broker surveillance product to buy-side firms.
INTL FCStone Abandons Cleartrade Acquisition Plans
Commodities brokerage INTL FCStone has dropped its plans to acquire a controlling interest in Cleartrade Exchange (CLTX), citing Dodd-Frank Act provisions as a barrier to the deal.
TT Unveils MultiBroker Platform
Trading Technologies has launched MultiBroker, the Chicago-based vendor's trading solution that allows buy-side firms to gain direct market access (DMA) via multiple brokers from a single X_Trader Pro or application programming interface (API) connection…
Citi Adds Brazil to Total Touch Platform
Citi announced that it has added Brazilian equities to Total Touch, its block electronic execution platform.
Toronto FIS Live: Economic Outlook For US and Canada
Inside Reference Data editor Michael Shashoua reported live via Twitter on the address by John Clinkard, chief economist at Deutsche Bank Canada, at the Toronto Financial Information Summit on July 10
FXSpotStream Launches Desktop Application
Multi-bank foreign exchange (FX) aggregation service provider, FXSpotStream, has launched a desktop application, in addition to its Application Program Interface (API) Spot FX price aggregation service launched in May last year.
Aegon Chooses Markit EDM for US, Dutch Operations
The asset management firm will use the Markit Enterprise Data Management platform to create data hubs in the US and the Netherlands, as well as the UK, allowing data to be consolidated globally
Bank Leumi USA Taps Lombard Risk’s Reporting Solution
Bank Leumi USA, the US branch of the Israeli Leumi Group, has selected Lombard Risk Management automated regulatory reporting solution, REG-Reporter, to automate its regulatory reporting.