Trading Tech
Corporate Actions Looks to the SaaS
Software as a Service (SaaS), a well known model in the financial industry, is making its way into the corporate actions world. Carla Mangado explores why it is gaining momentum, and to what extent it has the potential to become the preferred model for…
Up To Scratch
Rapid industry change and budgetary pressure have made it essential for data management projects to align with current realities and deliver consistent and timely value, says Sapient's Jeff Arena
StatPro signs Ridgewood Capital
Toronto-based Ridgewood Capital Asset Management (RCAM) has signed a multi-year deal with StatPro, the Wimbledon UK-based provider of portfolio analytics and data services to the global asset management industry. Ridgewood Capital, which currently…
Markit and the DTCC unveil OTC derivatives joint venture
Markit and The Depository Trust & Clearing Corporation (DTCC) have announced the September 1 launch of MarkitSERV, a new company combining the two organisations' electronic trade confirmation and workflow platforms to provide a single gateway for over…
Sophis signs first Australian buy-side client
Brisbane-based institutional investment manager QIC, which has $65bn under management, has begun implementing Sophis's portfolio and risk management platform VALUE. The platform will increase QIC's risk management capabilities as well as enhance data…
Spectrum signs up with Fiserv
Spectrum Global Fund Administration, a Chicago-based hedge-fund and fund-of-funds administrator with just under 200 clients, has implemented Fiserv's Accurate platform for automated reconciliation and exception management.
Charles River signs South Africa's Public Investment Corporation
Public Investment Corporation (PIC), one of the largest investment managers in Africa, with approximately $100bn under management, has selected the Charles River Investment Management System (Charles River IMS) for its fixed-income trading and portfolio…
Performance precedents
Performance measurement, has in recent years moved into the front office, as buy-side firms look to integrate performance into a single, integrated platform. This move has been accompanied by compressed reporting timeframes and the emergence of risk as…
Changing equity markets test buy-side traders
Market volatility, counterparty risk and other issues are posing significant challenges to buy-side equity traders at the same time that their brokers are having to rethink their own business models. A new Tabb Group report, Equity trading in transition:…
Spotlight on Arun Sarwal
Arun Sarwal, ex-chief operating officer at Scottish Widows Investment Partnership, was recently named chief executive of DST Global Solutions' investment management solutions division. He will oversee three areas: asset servicing and investment…
Markit under DOJ microscope
The US government's ongoing efforts to rein in unregulated OTC derivatives may have landed credit market and pricing data provider Markit in hot water - or at least caused an operational headache - just as the firm is set to launch its new MarktiSERV…
Deutsche Postbank Financial Services implements BarraOne
Deutsche Postbank Financial Services, part of one of Germany's leading retail banks, is now using BarraOne to help it identify and manage risk across its equity and fixed-income portfolios.
Bells and whistles
Finally, it seems like the internet innovations of the past couple of years are trickling through into financial applications. There has recently been a big push among client-facing financial organisations to provide richer, better tools to their buy…
Stockhouse Shutters EU Mobile Business
Canadian market data provider Stockhouse is transitioning European clients of its pager and smartphone mobile data products to other providers, following the vendor's decision to close its business in the region last month, officials say.
Infobolsa, CarryQuote Ally for Mobile Data
Spanish data provider Infobolsa, a joint venture between Deutsche Börse and Spanish exchange group Bolsas y Mercados Españoles (BME), is using Swiss mobile data provider CarryQuote to provide its institutional clients with real-time, on-demand quote data…