News
Lands of Opportunities
In September, when industry professionals flocked in their thousands to Hong Kong for Sibos 2009, all eyes were on Asia. Carla Mangado explores the approach to data management in the region
American Century ditches legacy back-end for SimCorp
American Century Investments, the $78 billion Missouri-based investment and mutual fund manager, has begun implementation of SimCorp Dimension in an effort to enhance the middle- and back-office operations of its institutional business.
Markit and DTCC unveil MarkitSERV
Markit and the Depository Trust & Clearing Corporation (DTCC) have launched MarkitSERV, a new company that combines the two organisations' electronic trade-confirmation and workflow platforms to provide a single gateway for over-the-counter (OTC)…
RTS and Fixnetix in low-latency alliance
RTS Realtime Systems Group, the Ravensburg, Germany-based trading systems provider, has teamed up with Fixnetix to provide ultra-low-latency trading tools for the high-frequency trading community accessing European equity and derivatives markets.
Kepler live with SunGard for Euro market connect
Amsterdam-based agency brokerage Kepler Capital Markets, is using SunGard's ASP-based connectivity services to help broaden its market connectivity in Europe. Kepler has added three new gateways to access the public order books of BATS Europe, Nasdaq OMX…
Instinet agrees to acquire TORC Financial
Instinet, the New York-based provider of electronic trading and agency-only brokerage services, has agreed to acquire the business and assets of TORC Financial, a provider of derivatives trading technologies.
New contracts for RBC Dexia
Manulife (Singapore) has selected RBC Dexia Investor Services to handle the fund valuations for 42 investment-linked portfolios and the accounting for more than $1.05 billion in funds under management (consisting primarily of fund of funds structures).
DTCC releases historical CDS data
The Depository Trust & Clearing Corporation (DTCC) has enhanced transparency to the global credit default swap (CDS) market by expanding its public release of CDS data in its Trade Information Warehouse to include historical information on those…