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PG Capital Management goes live on Advent ABOS platform

PG Capital Management, a Washington, DC-based manager serving high-net-worth clients, is live on Advent Software's Advent Back Office Service (ABOS) for hosted back-office and data management capabilities, allowing PG Capital to focus more on its client…

Thomson Reuters fights fragmentation

Thomson Reuters last month unveiled two new initiatives to tackle the fragmentation of market data that has taken hold in Europ-ean markets since the introduction of Mifid in November 2007.

Month in Numbers

"That's happened pre- and post-Amaranth, and it's been big hedge fund shops posting losses as well as small ones. Have they learned from Amaranth? Of course not"

Manulife selects Broadridge's Dataphile platform

Canadian broker-dealer, Manulife Securities, a division of Manulife Financial, has implemented Broad-ridge Financial Solutions' Dataphile platform for over 1,500 advisors in both its securities and mutual funds businesses. Manulife Securities acquired…

Tibco Debuts Messaging ‘Appliance'

Tibco will this week unveil its new hardware-based messaging appliance, which embeds the vendor's Rendezvous middleware product into networking hardware to reduce messaging latency and server space requirements while handling rising data throughput.

PhaseCap Rolls Out StreamBase CEP

Boston-based PhaseCapital, a new quantitative investment firm that will launch next month, has rolled out technology from complex event processing software vendor StreamBase Systems for managing market and trade data within the firm's proprietary…

Baikal Selects TradElect

LONDON-The London Stock Exchange's (LSE's) dark-liquidity trading platform, Baikal, will run on the exchange's TradElect trading platform and is scheduled to go live in June this year, according to recent industry reports.

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