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Pinpointing Securities

The problem of accurately identifying securities is leading to a large number of failed transactions, estimated to cost the market millions of dollars annually. While the retail industry introduced a global standard years ago, the financial services…

Transaction Reporting Requirements: One Single Europe?

The reporting requirements issued by local regulators in relation to Europe's Markets in Financial Instruments Directive (MiFID) look set to introduce confusion, with historic and cultural heritage shaping different countries' requirements. One regulator…

Olympia takes Advent Geneva for automated administration

The Olympia Capital Companies, a hedge fund administration service provider with more than $50 billion under administration, has implemented Advent Software's Geneva accounting system and Partner investor servicing platform to automate operations across…

Fidessa bags LatentZero for £63 million

London-based sell-side vendor Fidessa, formerly known as royalblue, has pulled off something of a coup by acquiring one of the leading lights in the asset management technology space, front-office soft-ware vendor, LatentZero. The deal is reported to be…

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