News
Chilean Electronic Stock Exchange Rolls Out Nasdaq OMX Platform
Chile's stock exchange, Bolsa Electronica de Chile, has gone live with Nasdaq OMX's X-stream trading platform.
Newedge Rethinks Organization in Major Restructure
Futures broker Newedge has announced plans for a wholesale reform of the way it operates its business, in light of adverse market conditions.
SEC Loses Chief of Staff in Latest Departure
The US Securities and Exchange Commission (SEC) has announced the resignation of its chief of staff, Didem Nisanci, in the latest of a series of losses that has claimed some of its most senior figures.
Broadridge, Schwab Team on Mutual Fund Analytics Portal
Charles Schwab has launched a new portal—dubbed Schwab Asset Intelligence, or SAI—that will provide mutual fund firms with fund asset and sales information. Schwab partnered with data management vendor Access Data, a Broadridge Financial Solutions…
VTB Capital Investment Management Implements Charles River IMS
Moscow-based VTB Capital Investment Management has gone live with Charles River's Investment Management Solution (IMS) Version 9.
Brown Brothers Harriman Hones Automated ETF Portal
US private bank Brown Brothers Harriman’s (BBH’s) exchange-traded fund (ETF) portal suite, ETF Connect, will see fund sponsors, authorized participants (APs) and BBH—acting as administrator and custodian—manage exchange-traded fund operations through a…
StatPro and Pacific Fund Systems to Offer Calculations
Users of PFS-Paxus, the share registry, fund accounting, and allocations platform of Hong Kong-based hedge fund tech provider Pacific Fund Systems (PFS) will now be able to perform online portfolio analysis and Value-at-Risk (VaR) calculations through…
OTC Fin Integrates Solvency II Engine Into Data Platform
The engine guides end-users through the completion of the Quantitative Reporting Templates and leverages the data warehouse of the technology company's PATOne data platform
ASIC Picks First Derivatives Platform for Market Surveillance
The Australian Securities and Investments Commission (ASIC) has chosen Delta Stream from Northern Ireland-based technology vendor First Derivatives as its new market surveillance system.
Bursa Malaysia Selects Nasdaq Tech
Nasdaq OMX has announced that its X-Stream Inet technology will power securities trading at Bursa Malaysia.
Linedata Releases Icon Upgrades
Technology vendor Linedata has released the latest upgrades for its fund accounting and administration platform, Icon.
Industry Segments Get More Time For CICI Adoption
Extension of deadlines for swaps market participants as well as FX, commodities and equities traders to adopt the CICI identifier still leaves accuracy challenges to be addressed
CEO Brodsky Steps Down at CBOE
William Brodsky, chairman and CEO of CBOE Holdings, will step down as CEO following the Annual Meeting in May 2013 to assume the role of executive chairman of the board. Brodsky, who has served since 1997, took the company public in 2010.
SS&C and Abacus Pair Up on Connectivity
Connecticut-based SS&C Technologies has teamed up with Abacus Group, a provider of hosted IT solutions for hedge funds and private equity funds, to provide investment firms hosting their platforms on the AbacusFLEX private cloud with a turnkey global FIX…
Instinet Adds Multi-Strategy to Commission Management Tool
Agency-only broker Instinet has launched an enhanced version of Plazma, its multi-asset commission management platform.
Money Laundering Problems Fuel Support For LEI
The legal entity identifier and hierarchical data can help to prevent anti-money laundering failures like the high-profile cases at HSBC and Standard Chartered, according to data management experts
Information Mosaic Hires Sales Head
James Millard joins the post-trade automation vendor as global head of sales, to be based in New York
Orc Launches Pre-Trade Risk Management Tool
Swedish technology provider Orc has launched a new solution to help banks and brokers to monitor pre-trade risk.