Trading Tech
California hedge fund opts for FundManager
Tamalpais Asset Management, a $160 million San Francisco-based hedge fund focused on global convertible bond strategies, has implemented Linedata Services' FundManager platform for portfolio risk management and to enhance its reporting capabilities. By…
Instinet introduces Newport 3 EMS
Instinet, the New York-based provider of electronic trading and agency-only brokerage services, has launched Newport 3, its third-generation EMS (execution management system). According to Instinet, the platform includes enhancements to performance,…
Start-up hedge fund takes Panopticon for trading operations
KMM Trading, a Chicago-based hedge fund launched by JP Morgan veteran James Gislason, has deployed Panopticon's Explorer desktop product to create a more effective trading desk.
Texas endowment fund opts for general overhaul
When the time came for Austin-based endowment manager Texas Treasury Safekeeping Trust Company (TTSTC) to revamp its allocation process for alternative investment vehicles, a more robust risk management platform had to be part of the package. But rather…
Spotlight on Gil Shaked
EXENET, a New York-based technology services and outsourcing provider targeting hedge funds, wealth managers, and law firms, has tapped Credit Suisse veteran Gil Shaked to succeed Umit Cinali as chief executive. With 25 years' experience in risk…
LIM Advisors live on Capstone
LIM Advisors, an Asia-based multi-strategy investment group headquartered in Hong Kong with additional offices in Tokyo, Beijing, Connecticut and Mauritius, is live on Capstone, Fidessa LatentZero's front-office suite. According to the London-based buy…
Macquarie live on Calypso
Macquarie Group Limited is now live on the Calypso trading and risk management platform for loans and deposits, front to back office, and cash management.
The TCO conundrum
Implementations can be beset by unforeseen hiccups, which tends to result in inflated budgets and missed deadlines. SmartStream's TLM OnDemand addresses users' total cost of ownership challenges and provides buy-side firms with reduced time to market…
TradingScreen connects to Instinet
New York-based TradingScreen, a provider of multi-broker, multi-asset class execution management systems (EMS), has launched a direct connection to Instinet's CBX ASIA, the real-time displayed ATS (alternative trading system) for Japanese and Hong Kong…
Will Non-MVPs Strike Out?
The New York Yankees and New York Mets both moved into billion-dollar new stadiums this season, despite the financial constraints associated with the turbulent economy. And while I can't vouch for attendance at Citi field, the Yankees have played to sell…
SIFMA 2009: Think Small
While this year's SIFMA Technology Management Conference and Exhibition will probably be most remembered for being much smaller than the spectacles of years gone by in terms of exhibitor numbers and delegates-hardly surprising, given the current state of…
Thomson Reuters Adds Trading to RMDS
Thomson Reuters has incorporated trading capabilities from French software vendor Smart Trade Technologies into its RMDS data distribution platform, to enable clients to leverage their existing data infrastructure investments to internalize trades and…
Progress Software Adds Lime as Destination
NEW YORK-Users of the Progress Apama Algorithmic Trading platform can now route their execution strategies through agency brokerage Lime Brokerage, according to Progress Software and Lime officials.
Sifma: A Show in Review
NEW YORK-Mirroring the industry that it serves, this year's Technology Management Conference and Exhibit, hosted by the Securities Industry and Financial Markets Association (Sifma) in Midtown Manhattan last week, saw fewer exhibitors and lighter foot…
Aite Group: Asia Poised for ATS Boom
BOSTON-Although regulatory hurdles and cultural issues hinder alternative trading systems (ATSes) from flourishing in the Asia-Pacific region, the proliferation of the venues is inevitable, according to a recent report published by industry analyst firm…
Nasdaq OMX Adds Functionalities to Genium
STOCKHOLM-Exchange operator and technology provider Nasdaq OMX is finalizing the addition of core functionalities to its Genium next-generation trading platform, which will power derivatives and fixed-income trading on the exchange operator's Nasdaq OMX…