News
Tackling Taxes
Tax is becoming a growing concern for corporate actions processing teams. Complex notifications often mean even more complex tax instructions, and many firms are investing in more resources. Tine Thoresen explores how the corporate actions market is…
Risky Payments
Decreasing risk is still a top priority in the payments reference data market, but industry complexities and slow development in the standards field are still barriers to overcome. Carla Mangado explores how the adoption of a business entity identifier…
Danish asset manager rolls out Algo Risk Service
BankInvest, Denmark's third- largest asset management firm, expects to be fully functional on the Algo Risk Service by the end of this year, after Algorithmics announced the contract in July.
ClariFI releases ModelStation v3.4
New York-based ClariFI, a wholly-owned division of Standard & Poor's and provider of quantitative equity portfolio management technology, has released ModelStation v3.4, featuring the new ClariFI Portfolio Optimiser module. Other ModelStation v3.4…
LV Asset Management chooses StatPro for performance, attribution
Liverpool Victoria Asset Management (LVAM), the fund management arm and wholly-owned subsidiary of Liverpool Victoria Friendly Society (LV=) with approximately £8 billion under management spread across 45 funds, has signed a three-year deal with StatPro…
BNY ConvergEx expands on Fidessa's network
Fidessa has announced that BNY ConvergEx Group has expanded its product offering on Fidessa's network to include DMA, care orders, algorithmic trading tools, and access to ConvergEx Cross. ConvergEx's full suite is now available via:
Swift to provide post-trade matching with prime brokers
Six leading prime brokers are collaborating to create a new trade-date matching service for fixed-income and equity trades originating from their hedge fund clients. The consortium - which includes Citi, Credit Suisse, Goldman Sachs, Lehman Brothers and…