News
BNY Mellon Exec Predicts 'Global Fatca'
Amy Harkins, a senior vice-president and managing director at BNY Mellon, points to discussions about a "Global Fatca" sparked by various nations' responses to the US foreign tax compliance regulation
Union Bank of Taiwan Chooses Calastone for Funds Automation
The bank has no form of automation at present, but expects 60% of its trades to be automated when it goes live on the Calastone network in August and for this percentage to increase as more fund managers join the network
Pre-LEIs, Pre-LOUs, COU Top Agenda at LEI ROC Plenary
At a meeting last week, the regulatory oversight committee of the global legal entity identifier (LEI) system agreed on plans to develop statutes governing the LEI's central operating unit
Icap Invests in Portfolio and Data Analytics Firm EFM
Interdealer broker Icap has invested in portfolio reporting and data analytics firm Enso Financial Management (EFM) to support its growth strategy.
Rimes Adds Swaps Index Data Feed
The managed data services vendor has added a new feed to its Reference Data Service that classifies indexes as either narrow-based or broad-based, according to the definitions of the Dodd-Frank Act
Hyperion AM Joins Calastone’s Network
The Australian equities fund manager, Hyperion Asset Management, has joined the Calastone Global Funds Transaction Network to automate the flows from participating platforms and custodians into Hyperion’s funds.
Investment Managers to Add Staff to Tackle Data Abundance
A large majority of investment management firms are likely to increase their headcounts during 2013 to support information strategy, research by buy-side consultancy Investit has revealed.
Janus Capital Group Taps Equipos Coric for Online Client Reporting Solution
Janus Capital Group has selected Equipos' Coric Client Communications suite, which will provide the Denver-based asset manager with a flexible and customized client reporting platform to respond to its growth in client numbers and regions served.
Santander Takes Fonetic for Dodd-Frank, Mifid Compliance
Spanish voice analytics specialist Fonetics has announced that Santander has deployed its record keeping solution in seven of its international trading rooms.
BCS Gains FCA Authorization, Launches Brokerage
Russian financial group BCS Prime Brokerage has gained regulatory approval from the UK's Financial Conduct Authority (FCA), and is launching its international brokerage business.
CFN Launches TradingHub Link to Global Venues
Network provider CFN Services has announced the launch of TradingHub, a secure cloud connecting liquidity venues worldwide with one single connection.
Tradier Taps Nasdaq OMX FinQloud to Build Cloud Platform
Tradier, a cloud-based brokerage technology platform, has selected FinQloud, a secure cloud computing platform from Nasdaq OMX to build its "cloud brokerage in a box."
Equiniti Launches Pooled Back-Office Services Platform
Equiniti, a UK share registrar and outsourcing provider, is set to launch Equiniti Wealth Solution, a platform that pools custody and back-office services for wealth managers and brokers.
Datawatch Agrees Panopticon Purchase
Big-data specialist Datawatch has announced an agreement to acquire Swedish visualization and analytics vendor Panopticon.
CameronTec Signs CEESEG for Catalys
Infrastructure provider CameronTec has announced that the Central and Eastern Europe Stock Exchange Group (CEESEG) has signed a five-year deal for its Catalys range of products.
CalPERS Migrates to Charles River’s Managed Services
The California Public Employees Retirement System (CalPERS) has implemented Charles River’s Managed Services to streamline its investment management infrastructure.
HedgeStart Signs IT Outsourcing Partnership with Commensus
HedgeStart Partners, the London-based alternative investment consulting firm, is to partner with Commensus PLC to provide IT outsourcing and cloud-based services to its clients.
Azul Systems Partners with Solarflare to Reduce Latency on Java Applications
Azul Systems, a provider of Java Virtual Machines, has announced a partnership with Solarflare, a provider of 10 Gigabit Ethernet (10GbE) server adapters, conceived to reduce end-to-end latency within java applications and eliminate jitter.
JPMorgan Debuts Collateral Management Tools
JPMorgan has announced the launch of Collateral Central, its collateral-management tool suite for buy and sell-side clients.