In an era where the speed of light is actually becoming a problem, it’s amazing how a lack of sophistication permeates certain areas of businesses.
The construction of internal infrastructures within buy-side firms is a thing of the past, according to Bob Miller, CTO of New York-headquartered hosted service provider VistaOne Solutions.
Belfius Bank, formerly Dexia, has selected Autonomy, an HP company's Scrittura product to automate its trade confirmation process.
Capco, a provider of consulting services to the financial services industry, has unveiled a new offering, Architecture-as-a-Service (AaaS) that will allow firms to hire architects on an "as-needed" basis.
Treasury and capital markets software vendor Misys has released version 5.6 of its SummitFT product to cover central clearing and margin management requirements.
Post-trade specialist Traiana has signed an agreement with the IntercontinentalExchange (ICE) to process over-the-counter foreign exchange (OTC FX) contracts via the ICE Link middleware service.
The National Bank of Ethiopia (NBE) has implemented Polaris Financial Technology's Intellect Quantum Core Banking Solution for a range of operations.
As budgetary constraints clamp down on buy-side organizations, Anthony says that the vendor-hedge fund relationship may start changing.
Japanese telecommunications firm KVH will launch a private cloud service next week from its KVH TDC3 data center in Tokyo.
While liquidity aggregation as a practice is nothing new for market participants, the specific character of Swap Execution Facilities (SEFs) and their diversified offerings will lead to new ways of thinking for sell-side firms, research from GreySpark…
Allianz Global Investors (AGI) has awarded a contract to provide outsourced data and accounting services for a range of its funds to BNY Mellon.
The new service automates the collection and settlement of rebates from firms borrowing or lending securities.
For something relatively simple in concept, the shortening of settlement cycles can be rather complex in practice. Moving away from T+3, though, is inevitable, and it has a solid groundswell of support within both the buy and sell sides.
Lightspeed Data Solutions, a buy-side back-office specialist located in Los Angeles, has released to the public Version 5 of its TDMS Enterprise solution for post-trade processing.
Cost is crucial for European asset managers, whereas Asia-Pacific fund managers must focus on technological investment, according to HSBC's global head of fund services Ian Stephenson, a panelist at yesterday's Linedata Exchange in London.
The corporate center, based in Kuala Lumpur and Singapore, is part of an aggressive regional plan for the messaging provider.
Mark Hemsley, CEO of pan-European exchange operator Bats Chi-X, says he doubts the London Stock Exchange's (LSE’s) ability to overturn a perceived lack of interoperability within LCH.Clearnet, once the LSE's protracted majority acquisition of the…
The London Stock Exchange Group has announced that Monte Titoli, its Italian Central Securities Depository (CSD) is launching a new tri-party collateral management service.
Bank of America Merrill Lynch (BAML) has become the first general clearing member (GCM) to use FTEN's RiskXposure (RX) platform for its European clearing operations.
As the oldest and largest joint venture (JV) brokerage in the Chinese market, Galaxy Futures is a high-profile representation of outward-looking securities firms within the country. Originally partnered with ABN Amro before the Dutch bank's acquisition…
State Street Global Markets announced that it has joined the Chicago Mercantile Exchange (CME) as a clearer for over-the-counter (OTC) interest rate swaps.
Software-as-a-Service (SaaS) provider FFastFill has expanded its presence within the Asia-Pacific region with the opening of a new office in Hong Kong.
In the interests of better business continuity, Direct Edge has moved its backups to the Equinix Chicago 4 datacenter.
The latest edition of the software includes functions for processing central counterparty clearing, based on Dodd-Frank and EMIR guidelines.