News
Standard Chartered implements FX Market Aggregation Accelerator
Standard Chartered Bank is live with the Progress Apama FX Market Aggregation Accelerator in a distributed deployment spanning FX desks in three continents.
Quant manager takes CEP route with StreamBase
PhaseCapital, a Boston-based quantitative investment manager, has implemented StreamBase's complex event processing (CEP) technology to develop a proprietary high-frequency trading and execution platform.
TKS enhances Penny platform
TKS Solutions, a provider of partnership and shareholder accounting products for the financial industry, has enhanced its flagship offering, Penny - It Works.
Seasons Capital enhances risk capabilities
San Francisco-based long/short equity investment manager Seasons Capital Management has selected Imagine Software's Derivatives.com service to support its risk management needs.
AQR signs with Scalent for virtualised infrastructure
AQR Capital Management, a Connecticut-based investment and hedge fund manager, has undertaken an upgrade of its data centre infrastructure using Scalent Systems' Virtual Operating Environment (V/OE) software.
Tradar publishes ‘multi-prime' white paper
Tradar, the London-based provider of software and services to the hedge fund industry, has published a white paper aimed at guiding fund managers through the operational and technological challenges associated with using multiple prime brokers.
Kx and First Derivatives sign OEM agreement
Kx Systems, a provider of database and time-series analysis technology, has signed an OEM (original equipment manufacturer) agreement with First Derivatives (FDP), a provider of products and services to the capital market technology sector.
Thomson Sues Quodd over ‘Mimic' Display
Thomson Reuters is suing Jersey City-based data workstation provider Quodd Financial Information Services, alleging that Quodd used unauthorized access to its Thomson One product to create a copycat data display, and obtained confidential customer data…
Fidessa Adds Asia to USTP
NEW YORK-Clients using the global trading service on the U.S. Trading Platform (USTP) from order management system (OMS) and market connectivity provider Fidessa now have the ability to trade Asian equities from the same screen, officials announced today…
Capital IQ Adds UK Share Ownership Data
Standard & Poor's Capital IQ division will this week add UK share register data from London-based shareholder analysis firm JunctionRDS into its Capital IQ desktop platform, to deepen its ownership profiles of UK-listed companies, and enable users to…
Tervela Opens Platform To Third Parties
NEW YORK-Hardware-based data acceleration platform provider Tervela announced today, March 2, that it has opened up its proprietary Tervela Message Network to third-party applications and protocols via its Tervela Open Data Framework, available with its…
Thomson Reuters Debuts Integrated TCA to U.S.
LONDON-After making it available to the European market since December 2008, market data and trading platform provider Thomson Reuters recently launched its Thomson Transaction Analytics Global transaction cost analysis (TCA) platform in the U.S. market…
Tervela Opens Acceleration Capabilities
Hardware-based messaging technology vendor Tervela will this month unveil the latest version of its Tervela Message Network platform, which adds a new feature dubbed Open Data Framework that allows clients to utilize the vendor's platform to hardware…
LSE Adopts Rapid Addition for FIX
LONDON-The London Stock Exchange (LSE) has selected FIX protocol software vendor Rapid Addition to provide a high-performance FIX engine to the exchange's TradElect trading platform, DWT has learned.
Glitch Leads to $31 Billion Trade Snafu for UBS
TOKYO-Due to a system error, a Japanese unit of Swiss bank UBS mistakenly place a ¥3 trillion ($31 billion) order for convertible bonds for computer games vendor Capcom last week instead of an intended ¥30 million ($304,200) trade.
Sybase Moves to Raise its IQ
Sybase will next month release version 15 of its IQ analytics server, with improvements for loading and processing higher volumes of real-time data to address data compliance and risk analytics functions.
BT Taps Corvil for Latency Monitoring
Network and hosting services provider BT Global Financial Services has struck a deal to integrate the CorvilNet platform from Dublin-based latency monitoring platform provider Corvil into BT's network management capabilities, to optimize the performance…
Sybase Debuts Analytic Server Upgrade
DUBLIN, CALIF.-Enterprise software and services provider Sybase has released the latest version of its Sybase IQ analytics server, today, Feb. 23.
StreamBase Builds PlusFeed Adapter
Complex event processing software vendor StreamBase Systems will next month release a preconfigured adapter for Interactive Data's PlusFeed consolidated datafeed, in response to growing client demand for the vendor's data.
FirstRain Adds Debt-Search Capabilities
Calif.-based research and Web content aggregator FirstRain will this week include new content on corporate and municipal debt with a range of topics that subscribers can use to create meaningful commentary on a company's or state's creditworthiness based…
RAN Revamps Web ‘Squawks'
London-based audio news and commentary provider RAN (Real-time Analysis & News) will next week roll out a new version of its Ransquawk Web site, to enable the vendor to provide real-time and delayed versions of its Web-based squawk service, and to expand…