News
BI-SAM to Expand Asia-Pacific Operations
Paris-based vendor BI-SAM is expanding its operations in Asia-Pacific to support the growth occurring in the region.
Interbolsa Takes Swift VAN for T2S
Portugal's central securities depository (CSD) operator, Interbolsa, has signed on for Swift's value added network (VAN), a key aspect of connectivity to the Target2-Securities (T2S) platform
Cleartrade Exchange Launches Reporting Service for OTC Derivatives
Cleartrade Exchange (CLTX) has launched a third-party reporting service, through an electronic connection to the swap data repository (SDR) owned by the Depository Trust & Clearing Corporation (DTCC).
KPMG Selects SunGard’s Adaptiv to Help German Clients with CVA
KPMG has selected SunGard’s Adaptiv Analytics to support its German clients with assessments of credit valuation adjustment (CVA), and derivatives exposures for default-risk steering and regulatory capital calculations under Basel III.
Nasdaq Banks on Mid-East Sukuk Platform
Nasdaq Dubai is preparing to launch a platform dedicated to the trading of Islamic bonds, known as sukuk, and conventional bonds.
Inside Market Data Hall of Fame: Barry Raskin, 'The Builder'
Barry Raskin, President, SIX Financial Information USA
Rapid Addition Partners with Azul Systems to Enhance its Java Virtual Machine
Trading technology provider Rapid Addition has announced its partnership with Azul Systems to offer low latency, jitter-free Java trading engines.
BAML Exec: "Granular Data Creates Aggregation Challenges"
A Bank of America Merrill Lynch director told delegates at this week's North American Financial Information Summit that firms face challenges aggregating the more granular data now required for risk management
HSBC CDO: "Reporting Regs Emphasize Need To Manage Data Throughout Lifecycle"
HSBC's Peter Serenita told delegates at the North American Financial Information Summit that firms need processes for managing data throughout the trade lifecycle in order to comply with the US Commodity Futures Trading Commission's new reporting…
EDM Driven By More Than Savings, Says Fund Exec
Risk management and business needs are becoming greater reasons for using enterprise data management, said Michael Korby, senior vice president of front-office development at Highbridge Capital Management, speaking at the North American Financial…
Société Générale Bank & Trust Migrates to Private Cloud
Société Générale Bank & Trust (SGBT), the Luxembourg-based private banking arm of Société Générale, has completed a two-year project to migrate its core banking system to a cloud-based architecture.
ConvergEx Upgrades MillenniumSM ATS
New York-based agency broker, ConvergEx Group, has upgraded its MillenniumSM Alternative Trading System (ATS), reducing its trading latency by 75 percent.
