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DTCC partners with CLS bank for OTC settlement

The DTCC has selected CLS Bank to provide central settlement of payments for OTC derivatives contracts housed in DTCC Deriv/Serv's Trade Information Warehouse. The collaboration – initially supporting only credit derivatives – will be extended to other…

Miletus reveals CRD hook-up

Miletus Trading, a New York-based agency brokerage, has integrated its algorithmic Strategy Engines and Trade Impact Estimator offerings with the Charles River IMS.

JP Morgan gets modern

Modern Asset Management, the Delaware-based investment adviser and subsidiary of Modern Financial, has signed with JP Morgan Managed Account Solutions for middle- and back-office support for its separately managed and unified managed accounts programs…

Cogency signs two more clients

New York-based Terrapin Asset Management and a $2 billion unnamed Californian investment firm have become the fourth and fifth signings for Cogency Software's Insight fund of hedge funds platform since the Burlingame, CA-based vendor shifted its…

SunGard tweaks lending platform

SunGard has enhanced the corporate actions processing capabilities of its Global One securities lending platform.

FinAnalytica upgrades FoHF platform

FinAnalytica, a Seattle-based provider of risk management and portfolio construction analytics based on statistical finance methodologies, has released CognityFoF version 2.7. According to the vendor, buy-side users will now have their "own unique…

Instinet looks north of the border

Instinet, the New York-based agency broker, intends to launch Instinet Canada Cross (ICX), an ATS that will operate as an e-auction market for the trading of Canadian exchange-listed securities. ICX, expected to launch early this year, will be operated…

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