News
Human Error, Not Tech, Blamed in Morning Index Scare in India
This morning, the National Stock Exchange (NSE) of India halted trading for 15 minutes when a primary index, the S&P CNX Nifty, rapidly dropped over 900 points to a low of 4,888.20, after opening at 5,815.00, losing 16 percent of its value.
Barclays Hires Bannocks
Christopher Bannocks, previously head of enterprise data management at Nomura International, has joined Barclays as global head of reference data
On-Demand Algo Service Launched by RTS
RTD Tango, RTD Tango Trader, and RTD Tango Quant are all available as part of the customizable package.
iGate Appoints New Sales Director For EMEA
Amitabh Roy has been appointed to acquire new financial services customers for iGate’s consulting, technology and business process outsourcing services in Europe, with a particular focus on reference data
eBX Fined for Information Leakage
The US Securities and Exchange Commission (SEC) has fined dark pool operator eBX for failing to protect confidential information.
Augustsson Promoted to Cinnober CEO
Veronica Augustsson is the new chief executive of Swedish-based technology provider Cinnober, following her promotion from head of sales.
McMorrow Leaves AIB To Start Consultancy
After 30 years at Allied Irish Banks, Michael McMorrow has left and will now provide consultancy services on data issues
SimCorp: Back Office Hamstringing Buy-Side Growth Strategies
Copenhagen-based buy-side technology provider SimCorp has published the results of a poll examining the impact of portfolio accounting systems on an investment manager's growth strategies and their vulnerability to operational risks. Respondents included…
Charles River Unveils Mobile App for Buy-Side Users
Burlington-based buy-side front-office technology provider Charles River Development has gone to market with Charles River Mobile, a tablet and smartphone app that provides secure remote access to the Charles River Investment Management Solution, the…
Ullink Offers Market-Making Through Hexapod Acquisition
Low-latency connectivity provider Ullink has added market-making to its offering, following its acquisition of Stockholm-based Hexapod Solutions.
Neonet Adds Access to Greek, Turkish Equities
Swedish execution services provider Neonet has added access to the Athens and Istanbul stock exchanges.
Denver Investments Takes Advantage of Lightspeed's TDMS Upgrades
Lightspeed Data Solutions, a buy-side back-office specialist located in Los Angeles, has released to the public Version 5 of its TDMS Enterprise solution for post-trade processing.
Fenergo Adds Auto-Classification to Fatca Service
The lifecycle management systems provider expects a 60% reduction in Fatca filing efforts through use of its compliance service