Trading Tech
SunGard Unveils Solutions to Manage Corporate Actions Risk
SunGard announced the launch of XSPosure, a cloud-based risk dashboard designed to reduce corporate actions risk exposure.
McObject Taps C3S as Southeast Asia Distributor
Issaquah, Wash.-based in-memory database provider McObject has signed a deal for Singapore-based financial technology provider C3S to act as a local distributor for McObject's eXtremeDB Financial Edition database system and related product family in…
Guggenheim's Joseph Lodato Pulls Tech, Compliance Together
Anthony Malakian sits down with Joseph Lodato, chief compliance officer at Guggenheim Securities, to discuss the need for compliance and technology to work together in the current regulatory environment. Photos by Timothy Fadek
Tri-party Agents Ready Ahead of Eurosystem Collateral Management Deadline
The European Central Bank’s (ECB's) initiative to reduce collateral fragmentation and operational risk across Europe has taken another step forward today as firms are now allowed to use tri-party collateral services for cross-border pledges to national…
SmartStream Updates Exception Management Tool
SmartStream Technologies has released a new version of its TLM Exception Management solution to provide firms with a consolidated view of their resolution process via a single platform.
Zing Adds Java SE 8 Support
Java specialists Azul Systems have announced that Zing now supports Java 8.0.
CME Clearing Europe Selects globeSettle
The Chicago Mercantile Exchange (CME) Group has chosen globeSettle as a collateral location venue for its central counterparty (CCP), CME Clearing Europe.
SunGard XSP Launches Dashboard, BPaaS Services
The corporate actions services provider debuts its XSPosure dashboard and a business process as a service form of its data utility
Updata Integrates Eikon, Datastream Data
UK-based technical analysis software provider Updata has integrated data from Thomson Reuters’ real-time Eikon terminal and Datastream economic research tool into its Professional analytics workstation, to enable customers to carry out advanced analytics…
Morningstar Begins Historical Tick Database Revamp
The real-time data business of Chicago-based data and investment research provider Morningstar is in the middle of a project to make its database of historical tick data more flexible and accessible to different types of users and use cases.
Millistream Database Application Upgrade Targets Performance Gains
Swedish market data vendor Millistream has released an upgraded version of its Millistream Database Application (MDA), to provide clients with quicker access to market data and to simplify future upgrades, officials say.
Northern Trust Sets Up Delegated Reporting with Sapient
Northern Trust is now able to offer delegated reporting to its buy-side clients, after implementing the Compliance Management Reporting Service (CMRS) platform from Sapient Global Markets.
Windy Apple Tech Says Low-Latency Transatlantic Wireless Net Possible in 18 Months
Jersey City, NJ-based Windy Apple Technologies, which operates a low-latency microwave network between New York and Chicago for high-frequency traders, is claiming that it can construct a similar wireless network over the Atlantic Ocean, drastically…
Northern Trust Appoints Deustche Bank, Euroclear Ahead of T2S Implementation
Northern Trust has selected Deutsche Bank and Euroclear to support its strategy ahead of the implementation of Target2-Securities, or T2S, the centralized securities settlement system aiming at harmonizing settlement infrastructure across Europe.
Investor, Regulatory Demands Drive Latest Linedata Rollout
Yesterday, it was announced that Linedata had enhanced Linedata Global Hedge, its overarching platform for hedge fund managers.
Born Taps NYSE's Dimtsis for Canada Sales
Born Technology, a Chicago-based exchange connectivity and co-location technology provider, has hired Paul Dimtsis as managing director of sales, based in Toronto.
Broadridge Adds Confirmation Matching Capabilities to its PROactive Suite
Broadridge Financial Solutions has released an update of its reconciliation and process management suite, PROactive, to bolster operational efficiency and servicing between buy and sell firms by adding confirmation matching capabilities.
BLK Taps VeriFIX to Enhance Quality Assurance Functionalities
Brazilian algorithmic trading technology vendor BLK Sistemas Financeiros has chosen CameronTec’s VeriFIX automated testing tools to enhance quality assurance (QA) capabilities on its RoboTrader platform.
Options Grows Velocity Feed Coverage, Eyes Wider Reach
Infrastructure-as-a-service provider Options (formerly Options IT) has added new European markets to its connectivity and managed co-location platform, providing customers with direct access to equities and derivatives feeds from Spanish exchange group…
KCG Launches HotSpot QT
KCG Holdings has debuted a dark crossing venue for foreign exchange (FX), HotSpot QT.
Bred Banque Populaire Chooses SunGard’s Hosted Trading Services for Euronext Access
BRED Banque Populaire, the commercial arm of Groupe Banque Populaire Caisses d’Epargne (BPCE), one of France's largest banking groups, has extended its relationship with SunGard and is now using the vendor's Valdi Market Access platform to add hosted…
Updated Version of Linedata Global Hedge Released
Linedata announced an upgrade to its technology platform for hedge fund managers, Linedata Global Hedge.
ConvergEx Launches IEX Order Routing Strategy
New York-based broker ConvergEx Group has launched a dynamic order routing strategy developed in collaboration with IEX that will allow its clients to split their orders between IEX’s Alternative Trading System (ATS) and ConvergEx's Darkest algorithm.
OptionsPlay Ideas Available on Scivantage Investment Platforms
Scivantage will offer OptionsPlay Ideas, an equities and options investing tool, through its Scivantage Investor and Scivantage Professional platforms.