News
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
Last Call For IRD/IMD Awards Vote
Voting closes April 10 and the awards will be presented in New York on May 21
SEC Mandates Regular Testing of Technology
The Securities and Exchange Commission (SEC) has approved plans to replace voluntary testing of technology with regular, mandatory evaluations.
LSE, LCH Agree Revised Offer Terms
The London Stock Exchange Group (LSE) and LCH.Clearnet have announced the agreement of revised terms that will see the exchange group take a majority stake in the clearinghouse.
Berkeley Futures Offers DMA Through CQG
Berkeley Futures, a UK futures, options and foreign exchange (FX) broker is now offering direct market access (DMA) via all CQG platforms, including CQG Trader, QTrader, ChartTrader, CQG API, and CQG's flagship product, CQG Integrated Client.
Fenics and Traiana Team Up On OTC FX Derivatives
Fenics Software, a GFI Group company, has signed an agreement with Traiana that will allow Fenics customers to manage the reporting of OTC foreign exchange (FX) derivatives into swaps data repositories and clearing houses.