News
Issuer and Short Names Standards
Work Delayed by EC Proceedings against S&P
Industry Prepares
For February Options Symbology Change, OCC Announces New Test Date
State Street extends alternative investment capabilities through Mourant acquisition
State Street Corporation is to expand its global fund administration and alternative servicing capabilities with the acquisition of Mourant International Finance Administration (MIFA). Based in Jersey (Channel Islands) with approximately $170 billion…
Parametric selects Fidessa LatentZero's Minerva OEMS
Parametric Portfolio Associates, a Seattle-based registered investment adviser, has selected the Minerva order and execution management system (OEMS) from Fidessa LatentZero to manage $30 billion in assets across more than 16,000 separately-managed…
Month in Numbers
"The Commission will be seeking views on applying position limits consistently across all markets and participants, including index traders and managers of exchange-traded funds; whether such limits would enhance market integrity and efficiency; whether…
Butterfield Fulcrum partners with MindTree
Butterfield Fulcrum, an independent alternative fund administrator, has partnered with global IT firm MindTree to deliver new products to the alternative fund administration industry. The most recent step in this alliance is Butterfield Fulcrum's…
MSIM outsources to State Street
Morgan Stanley Investment Management (MSIM) has signed a deal with State Street Corporation that will see State Street provide MSIM with outsourced investment manager operations services for approximately $300 billion in assets. State Street will provide…
Fiduciary Trust looks to SunGard for trading and reporting support
Boston-based Fiduciary Trust Company has implemented a number of SunGard applications integrated with SunGard's Global Plus asset management and custody platform to help expand its automated trading, portfolio management, account review, compliance…
Fidessa tweaks program trading functionality of EMS Workstation
Fidessa, the London-based provider of multi-asset class trading, portfolio analysis, compliance, market data, and connectivity services for buy- and sell-side firms, has enhanced the program trading functionality of its EMS Workstation. The new (already…
Concept Capital unveils SAS-powered hedge fund portal
Manhattan-based institutional broker Concept Capital has, through an alliance with software vendor SAS, launched a suite of analytics that will provide integrated, multi-custodial risk and performance reporting to investment managers, family offices and…
Another bulge-bracket client down south for Charles River
Public Investment Corporation (PIC), the wholly-owned investment management arm of the South African government founded in April 2005, and one of the largest fixed-income and money market investment managers in Africa with approximately $100 billion…