Trading Tech
Compliant derivatives
After 85 years at the heart of Wall Street, Bear Stearns is no more. But even before the highest profile and most celebrated casualty of the credit crunch closed its doors, the inevitable questions about who was next in line were already doing the rounds…
Fund administrator ATC takes Linedata back-office products
ATC Fund Services, a Curaçao- based hedge fund administration unit of Dutch financial services firm The ATC Group, has begun implementing Linedata Services' combined MShare transfer agency and MPartner partnership accounting systems to handle its growth…
Thames River moves to portfolio management with CRD
Thames River Capital, a London- based hedge fund manager with $13 billion (£6.5 billion) under management, is user-testing two of its eight investment teams on Charles River Development's portfolio management system, set to go live next month.
Gravitas extends hosting, DR services to smaller funds
New York-based hedge fund technology service provider and consultancy Gravitas Technologies has opened a data centre in the north eastern US to provide co-location services such as application and data hosting and disaster recovery to small- and mid-tier…
Following the leader
From its inception, Markit had the necessary ingredients for remarkable growth across the financial services industry: it identified (and focused on) a number of the most acute operational challenges for buy- and sell side firms; it attracted the…
Safe Harbour for start-ups
Harbour Capital Partners, a recently launched London-based hedge fund hotel, became the first such UK-based operation boasting FSA regulatory approval. Victor Anderson speaks with Steve Williams, Harbour's chief executive, about what he believes makes…
SWX Europe joins dark pool fray
SWX Europe, the London-based stock exchange owned by SWX Swiss Exchange and formerly known as virt-x, this month launches Europe's first exchange-owned non-displayed liquidity pool.
OMS vendors look to smaller, international managers for future growth
With North American and Western European buy-side markets at their saturation points, a new TowerGroup report anticipates a slower rate of growth for the buy-side OMS market. The future of OMS vendors' growth prospects, says the report, lies with small-…
The back-office battleground
The intensely competitive and lucrative land-grab traditionally associated with the front office has slowly shifted towards the back office. Nowhere is this more prevalent than in the portfolio accounting, investor reporting, and in some cases, OTC…
Weeden Adopts FlexTrade's FlexOMS
NEW YORK-To handle its 162 percent trade volume increase since 2006, institutional brokerage Weeden & Co. has deployed FlexTrade Systems' new FlexOMS platform in the broker's middle and back office, sources tell DWT .
Interactive Data, GGY Integrate Valuation Tools
GGY, a Toronto-based provider of pricing, valuation and modeling software for insurance companies, has integrated cash flow calculations from Interactive Data Fixed Income Analytics' BondEdge product into its Axis actuarial modeling system, to speed up…
EPFR Develops Web Portal For Fund Flows Data
EPFR Global, a Cambridge, MA-based provider of fund flows and asset allocations data, has begun testing a new, Web-based interface with a handful of early-adopter clients, that will give users easy access to the vendor's data without the need to deploy a…