News
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
Volante Hires Senior Sales Staff and Engineers
The vendor of data integration technology has hired a new director of North American sales, a commercial director for Latin America and a new member of its London sales team, as well as 20 new engineers
GoldenSource Appoints Sales Manager for Germanic and Nordic Countries
Bettina Engelen has taken responsibility for increasing the enterprise data management software vendor's sales in Germany, Austria, Switzerland and the Nordic countries
Torstone Adds OTC Derivatives Reporting Module to Inferno
Torstone Technology, a London-based provider of derivatives processing software, has released a new Inferno module that consolidates over-the-counter (OTC) derivative trades from multiple front office systems and feeds them into global trade repositories…
Risk Management Budgets to Fall by 2014
Sell-side institutions are likely to spend 25 percent less on risk management by 2014, according to a recent survey by Risk Nation.
DTCC Buys Thomson Reuters' Omgeo Stake
The Depository Trust & Clearing Corporation (DTCC) will take full ownership in the post-trade and settlement platform provider. Thomson Reuters and DTCC had held equal 50 percent shares in Omgeo since its founding in 2001.