News
Broadridge Buys Bonaire in Continued Buy-Side Push
Broadridge Financial Solutions has acquired buy-side focused vendor Bonaire Software Solutions for an undisclosed sum. The deal is expected to close next month.
ConvergEx to Provide Real-Time Transaction Cost Analysis
New York-based broker ConvergEx Group has announced it will soon be providing real-time intra-day transaction cost analysis (TCA) to its prime services customers through its TCA product, PerformEx.
Regulators Propose Added Basel III Guidance
The Basel Committee on Banking Supervision, the author of the Basel III capital adequacy regulation, has issued proposals concerning leverage ratios, collateral and derivatives exposures
Numerix Launches Risk Scenario Framework
Analytics and risk management provider Numerix has released a new scripting language for "defining bespoke risk scenarios, stress tests and greeks."
New Company Seeks ESMA Approval For Trade Repository
A new company set up by CapitalTrack, Capital Market Daily Portal and Fincore believes its trade repository will be attractive to market participants because it is not affiliated to a clearing house
StatPro Adds New Module to its StatPro Revolution Platform
StatPro Group, a portfolio analytics provider, has added a global exposure and liquidity monitoring module to its portfolio analysis and reporting platform, StatPro Revolution, to aid compliance with UCITS regulations.
Bloomberg Bows Range of OTC Indexes
The data giant unveils a play for OTC index business, leveraging its existing index and analytics tools, and market penetration.
Nasdaq OMX Unveils Pre-Trade Risk Management Service for Commodities
Nasdaq OMX has rollout out a new pre-trade risk management service geared toward the commodities market, dubbed Genium INET PRM.
Numerix, TMX Group Team on Risk Solution
Numerix is partnering with TMX Technology Solutions, the tech arm of TMX Group, where TMX's Razor Risk enterprise risk management product will leverage Numerix's library of risk and pricing models from its solutions for credit risk, market risk and…
Polish Player BRE Securities Turns to SunGard for Connectivity
Dom Inwestycyjny BRE Banku SA (BRE Securities), the broker arm of Polish BRE Bank Group, part of the Commerzbank financial services group, has selected SunGard's Valdi solution, together with the SunGard Global Network (SGN), the company's international…
Goldman to Offer TT Hosting to Futures Clients
Goldman Sachs has added TTNet, the hosting solution from Chicago-based Trading Technologies (TT), to its suite of futures trading systems offered to the firm's institutional clients.
Lighthouse Taps SS&C GlobeOp for CVA
Investment management firm Lighthouse Partners, which serves fund of hedge funds, will use fund administrator SS&C GlobeOp to perform credit value adjustment (CVA) calculations.
Broadridge Backs Bloomberg Tradebook
The investor communications provider is now helping Bloomberg's agency brokerage begin self-clearing U.S. equities with its hosted business process outsourcing (BPO) solutions.
