News
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.
Rule Financial Signs OTC Specialist
Capital markets consultancy Rule Financial has announced that Derek Perry will join the company as a management consultant, and over-the-counter (OTC) clearing specialist.
DSF Deploys Orange
Paris-based broker DSF Markets has rolled out Orange's Open Trade system alongside the telecoms company's voice recording solution.
FSB Plans To Include Hierarchical Data With LEI
The Legal Entity Identifier Implementation Group and Private Sector Preparatory Group are developing plans to include hierarchical and relationship data with the LEI, while legal experts are exploring Switzerland's suitability as the site of the LEI…
CounterpartyLink Releases KYC Compliance Index
Legal entity intelligence firm CounterpartyLink, also known as CPL, will make a know-your-client (KYC) compliance index, as well as deeper beneficial ownership information to 10 percent levels, available on its web-based service, CPL Online.
Fidelity Unveils Buy-Side Execution Venue, Plans Dark Pool 'Scorecard'
Fidelity Capital Markets, the institutional trading division of Fidelity Investments, has launched a new execution venue dubbed the Block Liquidity Opportunity Cross, or BLOX. The venue is a carved-out section of CrossStream, the firm's alternative…
Sapient Approved as Eris Training Partner
Boston-based Sapient Global Markets has been certified as an Implementation Partner by Eris Exchange, the Chicago-based futures exchange aimed at the OTC derivatives market.
Nasdaq OMX Acquires 25 Percent of TOM
Nasdaq OMX has acquired 25 percent of The Order Machine (TOM), a Dutch cash equities and equity derivatives trading venue.
Citi Joins with Tradable for FX
Foreign exchange (FX) platform Tradable has announced a partnership with Citi, which will allow brokers on its platform to transact with the bank through its CitiFX TradeStream.