Trading Tech
More off-book liquidity launched for Eurozone
Nyfix has announced the launch of Euro Millennium, a neutral dark liquidity pool for pan-European-listed cash equities. Currently, however, Euro Millennium only matches UK-listed equities, although according to Chris Smith, director of Nyfix…
Perfecting the lean and mean approach
Quintillion, a fifteen-month old fund administrator, had some tough technology decisions to make in order to keep the organisation as lean and mean as possible, while simultaneously providing its clients with the types of services typically enjoyed by…
Coastal move
Roger Hartley made the move from Putnam Lovell to Coast Asset Management some three months ago, landing the fund's chief operating officer role. He talks to Victor Anderson about his reasons for his sell-side- to buy-side move, the benefits of working…
Australian property manager to install DSTi HiPortfolio
Becton Investment Management, a Melbourne-based fund manager and subsidiary of Australian property developer Becton Property Group, is rolling out DST International's unit pricing platform. Becton has more than $2 billion under management, accounting for…
Swiss fund manager live on Imagine platform
Global Macro Investments (GMI), a Zürich-based hedge fund manager running inflation-linked and global macro funds, has implemented Imagine Software's Derivatives.com ASP platform for integrated portfolio and risk management capabilities.
A sense of Unity
Confluence is something of a veteran in the fund administration industry, having been founded in theearly 1990s. But it was the 2007 launch of Unity – the fi rm’s unifi ed data management platform for thefund administration industry – that has provided…
The bonny buy side
Edinburgh is home to a number of the largest asset management firms in the UK, where the focus on trading and technology is just as strong as in the larger financial centres. Joel Clark recently spent two days in the city and found a closely knit…
OTC derivatives still main challenge
According to recent research carried out by UK-based buy-side consultancy Morse, OTC derivatives and structured products are expected to present the most acute challenges facing UK-based buy-side firms over the next six months. The fortnight-long survey …
Going Dutch
This week, the IMD bandwagon rolls into Holland for its inaugural Amsterdam Financial Information Summit, where panels of experts will attempt to hash out (pardon the pun) the key issues affecting the European market data landscape in a one-day program…
Equinix Preps Amsterdam Hub
Datacenter and hosting facility provider Equinix plans to open a hub in Amsterdam later this year to help local financial firms expand their connectivity and hosting options. The new site follows Equinix's acquisition of Netherlands-based Virtu earlier…
The Carletti Equation: 2+2=5
Since joining Telekurs Financial as chief executive in February last year, Marc Carletti-former managing director for Reuters France-has presided over one of the busiest periods in the vendor's history, overseeing the acquisition of French vendor Fininfo…
Credit Suisse Centralizes Index Licensing Function
Credit Suisse has centralized its index data licensing and administration function under one person, separate from its market data business, to reduce the overall cost of the bank's index usage by eliminating duplication by different business lines and…
FTSE Preps US Operations, Ticker Plant
Index provider FTSE is to set up regional support and operations functions in North America and Asia, to enable the vendor to source and process data locally, and to respond faster to customer inquiries.
HSBC Ramps Up Custom Indexes Business
HSBC is creating a growing number of custom indexes, in response to investor appetite for targeted investment vehicles, which has spurred demand for the bank's index data and calculation services, officials tell Inside Market Data .
Linux Vendors Expand Real-Time Offerings
NEW YORK-The SUSE Linux Enterprise team at global infrastructure software and services firm Novell is working to bring real-time environments to all areas of the datacenter, say officials.
SEC Moves Forward in Mutual Recognition
WASHINGTON, D.C.-The U.S. Securities and Exchange Commission (SEC) is another step closer to mutual recognition of "high-quality" regulatory agencies outside of the U.S., say SEC officials.
Banks to Test Open-Source RegQ
NEW YORK-Two global, but unnamed banks, have begun the second round of beta testing the Regulatory Questionnaire (RegQ) from open-source developer Collaborative Software Initiative (CSI), say CSI officials.