Trading Tech
Tiny UAT Hooks Bloomberg to Back Commission Savings Software
Tom Warren's goal was to build something that would save US shareholders $1 billion a year. On its own, the commission savings software he created with UAT co-founder Allan Chiulli might not have reached that mark. With Bloomberg's name behind it, it may…
Cofunds Taps Calastone, Barclays for Fund Settlement
London-based Cofunds has chosen Calastone and Barclays' managed fund settlement service to support its investment platform.
ConvergEx Adds PortfolioScience's Risk Management Toolset
The RiskAPI tools will be integrated directly into ConvergEx's Eze order management system (OMS).
Saudi Hollandi Ramps Up Trade Finance with Misys
Saudi Arabia's first operating bank, formed in 1926, Saudi Hollandi Bank (SHB) will employ Misys' transaction banking solution to ramp up its portfolio of cash management services that support investment in international trade.
Thoughts to Finish the Year
Wrapping up and sounding off.
Credit Suisse Chooses Market EDM Platform for Data Consolidation
Credit Suisse has selected Markit Enterprise Data Management's (EDM) platform to consolidate data management within its research department.
Fidessa Links OMS to Squawker
Block trading venue Squawker has announced that Fidessa's sell-side order management system (OMS) has been connected to its systems.
2012 Review: Emerging Exchanges Revamp Data Tech, US Exchanges Ditch FAST
IMD's Vicki Chan recaps the year's biggest exchange-led market data trends.
Chilean Electronic Stock Exchange Rolls Out Nasdaq OMX Platform
Chile's stock exchange, Bolsa Electronica de Chile, has gone live with Nasdaq OMX's X-stream trading platform.
VTB Capital Investment Management Implements Charles River IMS
Moscow-based VTB Capital Investment Management has gone live with Charles River's Investment Management Solution (IMS) Version 9.
Brown Brothers Harriman Hones Automated ETF Portal
US private bank Brown Brothers Harriman’s (BBH’s) exchange-traded fund (ETF) portal suite, ETF Connect, will see fund sponsors, authorized participants (APs) and BBH—acting as administrator and custodian—manage exchange-traded fund operations through a…
StatPro and Pacific Fund Systems to Offer Calculations
Users of PFS-Paxus, the share registry, fund accounting, and allocations platform of Hong Kong-based hedge fund tech provider Pacific Fund Systems (PFS) will now be able to perform online portfolio analysis and Value-at-Risk (VaR) calculations through…
ASIC Picks First Derivatives Platform for Market Surveillance
The Australian Securities and Investments Commission (ASIC) has chosen Delta Stream from Northern Ireland-based technology vendor First Derivatives as its new market surveillance system.
Bursa Malaysia Selects Nasdaq Tech
Nasdaq OMX has announced that its X-Stream Inet technology will power securities trading at Bursa Malaysia.
Linedata Releases Icon Upgrades
Technology vendor Linedata has released the latest upgrades for its fund accounting and administration platform, Icon.
SS&C and Abacus Pair Up on Connectivity
Connecticut-based SS&C Technologies has teamed up with Abacus Group, a provider of hosted IT solutions for hedge funds and private equity funds, to provide investment firms hosting their platforms on the AbacusFLEX private cloud with a turnkey global FIX…