News
StatPro Group enhances CAP offering
StatPro Group, the Wimbledon, UK-based provider of portfolio analytics and data solutions for the global asset management industry, has made two enhancements to its system for pricing complex financial assets: T+0 pricing for credit default swaps has…
Instinet introduces BLX dark pool
New York-based Instinet, a provider of electronic trading and agency-only brokerage services, has launched BLX, a new algo-friendly dark pool for US equities that it claims 'builds' block trades by combining the liquidity aggregation benefits of point-in…
Thomson Reuters unveils Portia v10.0
Thomson Reuters has launched an enhanced version of its Portia investment accounting system. Portia v10.0 includes:
AXA to offer funds via Calastone
Calastone Limited, the independent cross-border transaction network for the mutual funds industry, has announced that London-based AXA Investment Managers, one of the largest European-based asset managers with approximately €500 billion under management,…
Schroders live with SimCorp Dimension in Asia Pacific
Schroder Investment Management has completed the implementation of SimCorp Dimension for valuation and settlement functions across four countries within its Asia-Pacific operation.
Charles River opens Beijing office
Burlington, MA-based Charles River Development has opened a regional office in Beijing. The office is located in the Excel Centre in the Financial Street area of Beijing.
Thomson Reuters unveils strategic hosting initiative
Thomson Reuters is set to expand its hosting business by adding a series of performance-tuned data centres to its existing facilities in New York and London. This expansion is in collaboration with Missouri-based Savvis, a provider of outsourced internet…
Kurtosys buys FundWorks in strategic growth move
Kurtosys Systems, the London-based provider of client reporting technology and services to the alternative asset management industry, has acquired FundWorks Global Limited, also a provider of client reporting software, but with a more traditional asset…
Schroders opts for MoneyMate's hosted data service
Schroders, the UK-based $185 billion asset manager, has contracted Dublin-based data management service provider MoneyMate to host its global network of client-facing websites, to help centralise and validate fund information across its operations.
StreamBase unveils order execution strategies for high-frequency trading
StreamBase Systems, the Lexington, MA-based provider of complex event processing (CEP) technology has released a new library of order execution trading strategies supporting high-frequency trading initiatives.
Pricing Partners boosts calibration with Simplex
Pricing Partners, the Paris- based provider of mathematical models and analytics for derivatives and structured products, has implemented Simplex, a new optimisation technique, into its Price-it Library to enhance its calibration power.
Third Rome live with Triple'A Plus
Third Rome, a financial advisor specialising in wealth management services for high-net-worth and ultra-high-net-worth individuals of Russian origin, is in production after a three-month Accenture-managed implementation with Triple'A Plus from Odyssey…
Month in Numbers
"A growing trend in the industry involves managers and traders using pre-trade analysis to not only select algorithms but also as part of the portfolio construction process"
Gulfmena selects Asset Arena for AM ops
Gulfmena, an asset manager operating from the Dubai International Financial Centre specialising in the Middle East and North Africa, has selected SunGard's Asset Arena portfolio management platform to help automate its front- to-back-office operations.