News
Infrastructure under pressure as hedge funds contract
The industry-wide shrinking of assets managed by hedge funds is creating a strain on infrastructure and technology as operating budgets are reduced, according to both Thomson Reuters and SunGard.
Markit tackles equity transparency problems
Markit, the London-based pricing and valuations data provider, has launched a web-based market-share analysis product to provide greater insight into liquidity in European equities.
SunTrust Banks buy-side units switch to hosted Linedata Services systems
SunTrust Banks, a financial holding company operating in the southeastern US, has gone live on hosted versions of Linedata Services' LongView Trading Order Management System and Linedata Compliance platforms for three institutional and wealth management…
MarketAxess integrates Markit's CDS quotes to e-trading platform
MarketAxess and Markit have agreed an alliance to integrate Markit Quotes into the MarketAxess client-to-multi-dealer trading platform. Markit Quotes is a real-time quote parsing service that extracts indicative over-the-counter prices from electronic…
Tech trends will see CIO strategy switch
Progress Software has published its predictions for technological change during 2009, warning that CIOs must take centre stage for changes to be effective. The research has identified five trends: