News
Drooms Launches Virtual Data Room for AIFMD
The vendor of virtual data rooms says its new product will help fund managers collect and report documentation needed for compliance with the Alternative Investment Fund Managers Directive
Ada Investments Jumps on Gravitas Private Cloud
New York-based Ada Investments will migrate its core services and production applications to the private cloud of Gravitas, a co-sourcing platform providing cloud technology, collaborative outsourcing and risk support to the alternative investment…
Kerius Takes Numerix CrossAsset
Boutique financial risk management advisory Kerius, based in Paris and Geneva, will integrate the Numerix CrossAsset derivatives pricing analytics platform for its hedge modeling business.
DTCC Wins Approval For Japanese Trade Repository
The post-trade services vendor has secured approval to operate a trade repository for over-the-counter derivatives trades in Japan, and will use the same messaging and software capabilities as it does for its other repositories in the US and Europe
DTCC To Establish Japanese OTC Trade Repository
The Depository Trust and Clearing Corporation (DTCC) has received approval from Japanese regulators to launch the first trade repository in the nation for the reporting of over-the-counter (OTC) derivatives trades.
US Swap Clearing Officially Begins
The US Commodity Futures Trading Commission (CFTC) announced yesterday that mandatory clearing had begun for certain swap trades entered into after March 11, 2013.
Drumm Role Heralds Broadridge's APAC Expansion
Lake Success, NY-based Broadridge Financial Solutions has appointed James Drumm senior director, strategic account sales for Asia-Pacific. Drumm will be responsible for generating new business sales for a range of Broadridge solutions in the Asia-Pacific…
Prescient Ridge Goes Live on New Trading Infrastructure
Highland Park, IL-based Prescient Ridge Management (PRM), a managed futures fund specializing in short-duration, systematic trading strategies, has gone live with its new trading infrastructure incorporating Connamara’s Made-to-Measure components.
Study: Legacy Systems, Decentralization Stunt Growth
A survey conducted by Nielsen for buy-side technology vendor SimCorp’s StrategyLab research arm reveals that older platforms imply higher costs and slower response to business and regulatory requirements.
NICE Anticipates CFPB with New Ops Compliance
Israel-based NICE Systems says its Proactive Compliance Suite will help firms manage future new rules from the Consumer Finance Protection Bureau rules, mandated as part of the Dodd-Frank Act.
Fitch Makes Acquari Head of Sales
Fitch Solutions has appointed Julian Acquari its global head of sales.
Bennett to Expand Western Business at Cleartrade Exchange
Cleartrade Exchange, the Singaporean futures exchange, has appointed Chris Bennett as its new head of business development for EMEA and North America.
Anova Adds Intelligent Alerting Functionality for Decision-Making, Compliance
Surbiton, UK-based DST Global Solutions, a provider of investment management technology and services, has unveiled what it has dubbed “intelligent alerts” functionality within its Anova data management platform.
Fidessa Unleashes Market Abuse Monitor for Europe
UK-based vendor Fidessa has announced the release of the Market Abuse Monitor surveillance tool for its sell-side clients in Europe.
PT Schroder Takes Omgeo for Post-Trade Automation
PT Schroder Investment Management Indonesia has selected Omgeo Central Trade Manager (CTM), becoming the first asset manager in the region to go live on the service.
Options Expands FX Connectivity
Private financial cloud provider Options has expanded connectivity to 60 global foreign exchange (FX) markets
