News
JP MorganReaps Benefits of Data Reorganization
Following the merger of back-office and front-office securities services units in July, the firm is consolidating its databases over the course of 2013
Asset Value Investors Selects Paladyne Suite
Long-only asset management firm Asset Value Investors (AVI) has chosen Paladyne to support its trading, operational and connectivity requirements, the vendor has announced.
Nasdaq to Power Trading and Clearing on East African Exchange
The East Africa Exchange, a new commodity exchange opening in Kigali, Rwanda, has selected Nasdaq OMX as its technology partner.
National Bank of Malawi Installs Misys Global Risk
The Sub-Saharan nation's largest bank, known locally as NBM, will use the firm's Regulatory Compliance solution to meet Basel II requirements.
Stewart to Lead Credit Suisse in Australia
Rob Stewart has been appointed CEO of Credit Suisse in Australia, effective Feb. 1. He will remain co-head of the investment banking department.
Kunz Becomes Chair of Information Mosaic
Information Mosaic, the Dublin-based post-trade software company, has named Ulrich Kunz as the new non-executive chairman, effective immediately.
Information Mosaic Names New Chairman
Ulrich Kunz, an experienced industry executive, joins the post-trade automation provider
Anfang Moves to Asset Management at JPM
Richard Anfang has been appointed as JPMorgan Asset Management's CIO, in a shift from the same role in the bank's Worldwide Securities Services business.
Nasdaq Hosts New Euro Market with Equinix
Nasdaq OMX NLX, the new interest rate derivatives market from the US exchange operator, will be located in Equinix's LD4/5 data center in Slough, just outside of London.
PNT Financial Taps Orc for FX, Currency
PNT Financial, a Chicago-based trading firm, has linked up with Swedish software provider Orc to support its foreign exchange (FX) and currency market deals.
Standard Bank Deploys Caplin for New SDP
South Africa-based Standard Bank has gone live with its new single-dealer platform, built on Caplin Systems' technology, the UK-headquartered vendor has announced.
Fenics Embeds Options Pricing into 360T
Fenics Software, a GFI Group company, has signed an agreement with 360 Treasury Systems (360T) to embed the Fenics FX Options Pricing engine (Fenics ePricer) into 360T's TEX multi-dealer trading system.
LiquidPoint Adds Reilly as SVP
ConvergEx Group announced that Craig Reilly will join the firm's LiquidPoint unit as its senior vice president of options sales.
Velocimetrics Debuts V4.0 of Flow Management Product
Velocimetrics, a producer of business flow management software, has released Version 4.0 of its flagship product. The latest version has over 70 new features, including drag-and-drop configurability, new live connectivity visualization, live distribution…
Eze Castle's App Cloud Drops
Hedge funds solutions provider Eze Castle Integration (ECI) says its application delivery platform will enable app writers to give their clients faster time to value, while enabling app vendors themselves to transition to more of a Software-as-a-Service …
Electra Unveils New Fee Billing Solution
Electra Information Systems has launched a new fee calculation and revenue management system, dubbed Quantum, to help firms in the billing settlement arena. Doug Fritz, product manager at Electra, will head the initiative.
SS&C GlobeOp Unveils TNR Solution 2013
Windsor, CT-based SS&C Technologies has released the 2013 version of its TNR Solution, which it describes as an "important update" to SS&C GlobeOp's private equity technology platform.
Banchile Selects Fidessa for Sell-Side Trading
Chilean broker Banchile has chosen Fidessa's Latin American sell-side platform to support its trading activities, the UK-headquartered vendor has announced.