iRevolution unveils ‘pay as you go’ STP software

NEWS ANALYSIS: NEW PRODUCT | SOFTWARE AIMED AT SMALL- AND MEDIUM-SIZED ASSET MANAGERS

LONDON – iRevolution, the London-based provider of software development, business process re-engineering and managed services, has launched iSTP, a fully managed offering designed to automate the trade allocation and settlement functions within small to medium-sized fund managers. According to Eamus Halpin, iRevolution’s chief executive, the initiative aimed at investment managers with less than £20 billion in asset under management, will allow user firms to connect to the Omgeo and Swift

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Systematic tools gain favor in fixed income

Automation is enabling systematic strategies in fixed income that were previously reserved for equities trading. The tech gap between the two may be closing, but differences remain.

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