News
Administrator takes SunGard Front Arena for multi-asset support
LaCrosse Global Fund Services, a fund administrator and middle-office service provider with more than $14 billion in client assets, has implemented SunGard's Front Arena multi-asset trading and valuation system to support a variety of more complex…
Liquidnet Europe reports into Boat
Buy-side crossing network Liquidnet has restructured its trade reporting infrastructure so that all trades executed in Europe are now sent to trade reporting utility, Markit Boat.
Kempen Deploys CMA for CDS Pricing
Kempen Capital Management, the buy-side subsidiary of Dutch merchant bank Kempen & Co., is sourcing credit derivatives pricing data from UK-based vendor Credit Market Analysis to support daily valuations for its credit derivative funds, officials tell…
DJ Cuts Tech Staff in Outsourcing Play
Dow Jones will this month begin laying off 90 staff in its technology and operations department, following a decision to outsource some of its underlying group technology and support functions to Indian offshore development and IT outsourcing provider…
FINRA Pursues TRACE Data Expansion
The Financial Industry Regulation Authority is pressing ahead with plans to expand the data disseminated via its TRACE (Trade Reporting and Compliance Engine) corporate bond trade reporting facility, despite some concerns that increased data transparency…