News
Instinet Loses Co-CEO
In a late afternoon announcement, the brokerage said Anthony Abenante is stepping down.
Savvis Opens London Datacenter
The new Docklands center adds to a London portfolio that already includes Slough and Reading.
Chi-East to Close Doors
Dark pool to shutter due to 'commercial considerations'.
MarketPrizm Announces Asian Network
Low-latency data distribution infrastructure allows for APAC market access.
Outsourcing Trend Drives Markit's Acquisition of Cadis
Strapline: Data Management
Confluence Taps Jayawardana to Guide European Fund Administration Products
The new product manager comes with past experience in fund products at JPMorgan and State Street.
Thomson Reuters Launches FX Analysis Service
FX Buzz will be integrated into Thomson Reuters' existing products.
Malaczynski Burn Turns to PerTrac for Risk Software
PerTrac RiskPlus allows the South African consultant to help clients anticipate black swan events.
RTS Launches RTD Tango Quant
Product facilitates the creation and execution of algo strategies on a single platform.
Fitch Solutions Takes on CDS Data Challenge
Strapline: Pricing & Valuations
Lightower Expands East Coast Fiber Network
Major New Jersey extensions for multi-industry connectivity routes.
Markit to Acquire Cadis
Markit snaps up Cadis, a move that significantly bolsters the pricing vendor's data management capabilities.
Anticipating Hong Kong Short Positions Reporting Rules, ConvergEx Updates OMS
The rules, set to be implemented in June, provide more stringent standards for weekly reporting of net short positions on Hong Kong Stock Exchange-listed firms.
Bursa Malaya to Use Greenline for FIX Testing
Greenline's VeriFIX testing solution is already in use at regional exchanges in Latin America and Eastern Europe.
Swedbank Chooses Numerix CrossAsset Platform
Cross-asset platform provides framework for structuring, pricing and managing complex derivatives and structured products.
SIX Plans International Post-Trade Services In Turkey
Strapline: Data Management
Kasikorn Goes Live with Charles River IMS
Thai asset manager to use system and join broker-neutral network.
DBS Vickers Takes Spectrum MarginTrac for Swaps Dealing
STP platform used for trade capture and risk management.
Cinnober Debuts Scila Compliance
New software for brokers and investment banks combines compliance with performance measurement.
Indata Combines CRM with Research Management in iPM Connect
iPM Connect will connect research management tools with the vendor's CRM platform in one offering.
Thomson Reuters' Beta to Connect Dealers to DTCC's Alternative Investments Custody, Clearing
Partnership follows on SEC rule change in March allowing the NSCC to undertake comprehensive processing of alternative investments.
Isis Implements Linedata's Beauchamp for Portfolio Management Reporting
Beauchamp engine will provide analytics, on-demand access to clients for the Bermuda-based fund administrator.
BNY Enhances Margin Direct with New Notification Tools
Liquidity management tool to provide institutional investors with notification of exclusive control and termination, attachment capability.