News
Gissing to Power Wombat Excel Add-in
Gissing Software, the price contributions software vendor acquired by Reuters at the start of this year ( IMD , Jan. 4), has entered into an OEM (original equipment manufacturer) licensing agreement with NYSE subsidiary Wombat Financial Software.
Wall Street Systems Acquires AGB
NEW YORK-Taking its finger out of the wholesale banking pie, complex event processing (CEP) technologies provider Aleri sold off its Aleri Global Banking (AGB) unit to Wall Street Systems (WSS).
Grid Winners Announced
There was cause for celebration in the New York grid computing community last week as sibling publication Waters announced the winners of the first annual Global Grid Awards, or Griddies, after the second annual Street#Grid event in lower Manhattan.
Industry Launches SOA Association
LONDON-A group of banks, financial firms and vendors have founded the Banking Industry Architecture Network (BIAN), an association aimed at helping banks to move to a service-oriented architecture (SOA) by sharing technical and domain expertise, say…
Options Trading Goes Ballistic
As asset managers and hedge funds continue to grow their appetite for listed equities options, a number of new firms are springing up to handle the special needs associated with institutional orders. DWT editor Rob Daly sits down with Ballista's CEO Rob…
GL Readies Thin Client Update
PARIS-By the fourth quarter, exchange connectivity and trading platform provider GL Trade plans to release version 8.0 of its thin-client trading workstation that will sport new order execution functionality as well as updated back-end routing technology…
Infront Develops Options Module for Orc Display
LONDON-Norwegian trading technology and market data vendor Infront has developed a new derivatives module for its Web-based Online Trader data display and trading application, according to vendor officials.
Tibco to Take Rendezvous Hybrid
PALO ALTO, CALIF.-Messaging provider Tibco plans to release its first hardware-based messaging appliance by the year-end that will improve latency performance for its Rendezvous messaging platform.
Panel: Holistic Risk Analysis Needed
LONDON-The days of calculating risk exposure divorced from operational risk are over, say industry insiders.
Broadridge Targets Front Office
LAKE SUCCESS, N.Y.-Financial technology outsourcing provider Broadridge Financial Solutions will introduce products for the front office as part of its new Ascendis product group, DWT has learned.
IBM Buys InfoDyne in Latency Play
Technology giant IBM last week snapped up Chicago-based feed handler and ticker plant vendor InfoDyne, in a bid to accelerate its low-latency data platform, WebSphere Front Office for Financial Markets.
CA Cheuvreux Plans Crossing Engine
PARIS-Global agency broker, a member of Crédit Agricole (CA) Cheuvreux, is planning to launch its own internal dark pool crossing engine at the end of the summer, officials tell DWT .
Chi-X to Offer Smart Order-Routing
LONDON-Multilateral trading facility (MTF) Chi-X Europe plans to shake up the European markets by offering a smart order-routing capability to its clients, DWT has learned.
Quick Rolls Out New Icap Data
Japanese financial information vendor Quick, the country's dominant domestic provider, is adding a suite of new currency datasets and services from interdealer broker Icap into its products, officials tell Inside Market Data .
Front-Office Grids Not a Pipe Dream
NEW YORK-Although financial firms have been mulling a grid environment in the front office, there are still challenges to making it happen, say industry insiders.
Why Standards Matter
The importance of International Organization for Standardization (ISO) projects and the need for standards in the financial industry is well-established, but some still question the real impact of international identification codes. Carla Mangado…
Surviving on a Budget
Recent market turmoil has put pressure on reference data teams to meet growing regulatory requirements and reduce risk. And all this has to be done on a budget. Tine Thoresen examines how market data tools could help firms in the current climate
EDM versus MDM
Enterprise data management (EDM) may have been around in the financial industry for several years, but it is not a term often used outside this community. Master data management (MDM) is the commonly used phrase in the rest of the world. So when new…