Trading Tech
Russian Depository Completes First Automated Corporate Actions
No technical failures during share- and bondholder meetings run with newly instated technology
Daiwa Securities Becomes Newest CLS Settlement Member
Japanese firm joins 65 other financial firms on CLS's settlement and risk mitigation system.
Tullett Prebon, GMEX to Develop Hybrid Voice-Electronic FX Options Trading Platform
Interdealer broker and exchange operator partner to build dedicated FX Options platform utilizing electronic and voice technology.
ITG Develops Brazil, Mexico Close Algorithms
New algos aimed at end-of-session liquidity.
Community Releases Guidelines For Post-Trade Use of FIX Standard
Working group says rules can reduce risks and costs
TriOptima, CME Completes First Mexican Peso Compression
Compression cycle eliminated 12.5 trillion Mexican pesos in outstanding notional.
Metamako Appoints Advisor, Tech Vet Covington CEO
Covington, who has served as an advisor to the Australian switch vendor, is taking on the CEO role to help Metamako grow.
Dawn of the PTF: An Inside Look at Canada's Attempt to Revive the Mutual Fund Market
Invesco Canada, TMX Group and potentially even Fundserv are building products that blend ETFs and active mutual funds.
KB Tech Seeks Funding to Target TDI Ticker Renaissance at MiFID 2
The software vendor sees potential uses of its revamped version of the TDI messaging layer and suite of related data and trading services arising from MiFID 2.
Avelacom Adds SGX PoP for Asia-Pac Low-Latency Connectivity
The point of presence will provide co-location for firms accessing SGX, as well as providing international connectivity to other markets worrldwide.
Illuminate Sinks £3M into Secure Data Mining, Sharing Tech Startup Privitar
Privitar's products allow firms to share data internally and with third parties while maintaining privacy, security and compliance.
Platts to Buy Energy Analytics Provider PIRA
The acquisition, which is expected to close before the end of September, will accelerate the development of S&P Global Platts' commodities analysis offering.
OFR's Data Officer Talks About Finding Compatibility Among Standards
Managing data for compliance requires compatible identifiers and messages, says Cornelius Crowley
Aequitas NEO Implements OneTickCloud
OneMarketData says demand for the product is increasing due to increased complexities in the market.
SimCorp Rolls Out Reconciliation, Fixed-Income Performance Attribution Modules for Dimension
Bi-annual update also includes functionality for private debt and alternative products to reduce complexity for asset managers.
UPDATE: Canada's Aequitas Neo Rolls Out OneMarketData Cloud Analytics Service
The exchange will use the cloud-hosted version of OneMarketData's OneTick platform and tick data store to perform microstructure analysis of the Canadian exchange landscape.
Satellite Data Startup Orbital Insight Taps Former Revere, FactSet Exec O'Brien
O'Brien says he aims to bring the same momentum to Orbital Insight that he achieved as CEO and COO of Revere Data.
Case Study: Ativo Overhauls its Front & Back Office, Risk & Performance Platforms to Support Growth
Executives from the asset manager detail how the firm replaced much of its existing technology stack, and the reasons for doing so.
Intercontinental Exchange Introduces Single-Name CDS Trading Platform
ICE Swap launched for trading cleared single-name credit default swaps in a central order limit book.
The Asset Management Middle-Office Muddle
John looks at how a neglected middle office is a millstone around the neck of some asset managers.
Bridgewater Associates Announce First Dual-Party Outsourcing Model
BNY Mellon and Northern Trust to take on outsourcing roles for Bridgewater.
Cryptocurrencies Exchange Bitfinex Reports Hack, Over $60 Million in Bitcoin Reported Stolen
A Bitfinex spokesperson said 119,756 bitcoin were stolen in the hack that took place Tuesday.
Algomi Rolls Out Synchronicity as SaaS
Synchronicity will now take two to four weeks to install as opposed to three to six months.
Elliptic Adds LexisNexis Risk Solutions' Data to Bitcoin Transaction Monitoring, Compliance Products
LexisNexis Bridger Insight XG platform, including its WorldCompliance database, will be added to Elliptic's products.