News
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…
Asset Arena Accounting integrates Swift connectivity
SunGard is set to integrate Swift connectivity into its Asset Arena Investment Accounting system, through the SunGard Transaction Network (STN), the vendor's principle connectivity platform. The move, which will be formally announced at Sibos 2008 in…
OTC Val expands derivatives coverage
OTC Valuations, the Vancouver-based provider of independent derivatives valuation and risk reports for structured products and exotic derivatives, has expanded its derivatives coverage for credit, inflation, equity, FX, and fixed-income products. New…
Month in Numbers
"Brokers often parcel up the leftover parts of their orders and put them into their dark pool, creating toxic waste that they hope will get matched up"