The custodian bank will receive and transmit European listed options and derivatives orders from buy-side clients.
Pete Cherecwich, president of asset servicing at Northern Trust, is back on the podcast to discuss outsourced trading.
A summary of some of the past week’s financial technology news.
SmartStream's CEO chats to Victor Anderson about Covid-19, infusing AI technology across the firm's product range, and the need for faster and more accurate liquidity management tools.
State Street will also integrate BestX equity TCA into its outsourced trading desk.
The company has taken a tailored approach to outsourcing contracts as increased scrutiny demands portability and audit rights from cloud service providers.
Northern Trust is doubling down on outsourced trading as asset managers face more margin pressures.
Financial firms must maintain a register of all outsourced critical functions under new guidelines now in effect in Europe.
Potamus has seen its US equities platform grow in the past year.
Fee compression and regulations have forced some asset managers to rethink what is core to their business, including the trading desk. Enter the outsourced trading desk.
The company also launched its new prime brokerage division aimed at small to mid-sized funds.
Special report focuses on the business benefits of contracting specialist providers to manage mission-critical services.
With confidence in outsourcing growing, Nicholas Hamilton asks whether multi-vendor utilities are the best way for third-party service providers to continue offering greater value to their clients
Up-to-date, accurate and verified benchmark data is becoming more and more important to asset managers. With tightened budgets and cost efficiencies to consider, outsourcing data provision and management can work to asset managers’ advantage. By Stephen…
NEW YORK-Trading software provider SunGard will combine its business and IT consulting groups into a new entity, SunGard Global Services (SGGS), in an effort that has been in the works since early in 2009, vendor officials announced today, April 5.
The reference data market is no longer all about cost-cutting, but firms are always looking at cost-efficiency, and many are under continuous pressure to migrate staff to offshore locations. The maturing offshoring market means firms now have greater…
LONDON-Financial firms will look more for low-cost IT centers in 2009 as the demand for services that help them to reduce their IT operating costs increases, according to an industry observer.
LONDON-Europe's most recently announced multilateral trading facility (MTF), Bats Trading (Europe), announced that is has inked a deal with datacenter provider Savvis to host the MTF's production systems in Savvis' Docklands datacenter, DWT has learned.
HONG KONG-Broker-dealer Credit Lyonnais Securities Asia (CLSA) has contracted BT to manage its global datacenter, according to a vendor spokesperson.
Enterprise Data Management
OUTSOURCING AND OFFSHORING
OUTSOURCING AND OFFSHORING