News
Phatra Rolls Out Charles River
Thai investment manager Phatra Securities has implemented the Charles River Investment Management System (IMS) to operate its multi-asset trading activities.
MacKay Shields Takes Markit EDM
New York-headquartered MacKay Shields, an investment manager with approximately $78 billion in assets under management, has selected Markit EDM for its data management requirements.
Cangemi to Lead ConvergEx's European Broker
ConvergEx Group, a New York-based provider of brokerage and trading services, will appoint Joseph Cangemi CEO of the firm’s UK-based broker-dealer, ConvergEx Limited, subject to the approval of the Financial Conduct Authority.
Colby, Four Others Join DTCC Board
Finra's chief legal officer, Robert Colby, is joined by four representatives of financial firms' clearing agencies on the board of the Depository Trust & Clearing Corporation.
Equiduct's Howson Becomes BATS Chi-X Europe COO
BATS Chi-X Europe has appointed David Howson as COO, overseeing BATS Chi-X Europe’s software engineering, infrastructure and operational teams, effective in June.
Mandara Capital Turns to Tbricks for Futures Trading
Mandara Capital, a hedge fund specializing in crude oil and derivatives, has implemented the hosted trading service from Tbricks, a Stockholm-based vendor, for their futures trading requirements.
Royal London Assessing Performance with Teknometry
Performance analytics vendor Teknometry has announced that it has signed an agreement with Royal London Asset Management (RLAM), to provide investment performance analysis across the firm's entire portfolio.
Clearstream, Standard Chartered Partner on Collateral Management
Deutsche Börse's post-trade arm, Clearstream, has announced that it will develop a collateral management platform alongside Standard Chartered Bank to service mutual clients.
Nomura AM Takes Omgeo for Trade Matching
Nomura Asset Management has selected Omgeo's Central Trade Manager (CTM) for Japanese equity trade matching.
Traiana Launches Trade Reporting Connection With LEI Functionality
The post-trade services vendor has launched a connection to trade repositories that helps firms manage legal entity and swap identification requirements
Data Validator Criticizes DTCC's Identifier Database
A Bloomberg data official points to 600 duplicate files—about 1% of the total—in DTCC's database for CICIs, the LEI precursors. DTCC's CDO counters: It's still the most accurate database of its kind
Eka Software Acquires EnCompass
The commodities trading software provider, based in Bangalore, India, says the move will help it provide comprehensive energy trading and risk management (ETRM) support.
Mizuho Chooses Wolters Kluwer For Regulatory Reporting
Wolters Kluwer Financial Services has a data warehouse that consolidates reference, market and counterparty data, and which will enable Mizuho International and Mizuho Corporate Bank Nederland to automate regulatory reporting
Pershing Upgrades CRM with Redtail
Pershing, the broker-dealer and advisor solutions arm of BNY Mellon, will integrate Redtail's real-time client relationship management solution into its NetX360 platform, furthering an ongoing collaboration between the software provider and custodial…
SIFMA Cries Foul to SEC Over UTP Tape C Fee Hike
SIFMA calls on SEC to reject 25 percent Tape C price increase, claims UTP did not follow mandated procedures before raising fees.
