Trading Tech
State Street Bolsters Collateral and Reporting Services
State Street has made enhancements to its financial reporting and collateral services to help clients comply with regulations, manage risk and automate their disclosure requirements.
Northern Trust Opens Office in Frankfurt
Northern Trust has opened an office in Frankfurt, Germany.
ConvergEx Readies Electronic Blue Sheet Compliance
ConvergEx Group has announced that its LiquidPoint options trading software will be fully compliant with Electronic Blue Sheet (EBS) requirements in the US, once they come into force on November 1, 2013.
FICWG Eyes Cross-Asset Standardization
The Fixed Income Connectivity Working Group (FICWG) has completed its cash bond trading connectivity specification, and signed a number of inter-dealer brokers, exchanges and dealer-to-client platforms as adopters of the standard, expanding the fixed…
Private Equity Players Launch Data Alliance with AltExchange
The new group's aim is to develop an open-standard, three-tiered, XML-based format as well as a new validation platform for private equity, with initial technology backing provided by a mainstay provider in the space, eFront.
Pershing's NetX360 Available on Surface Pro
The broker-dealer and advisor solutions arm of BNY Mellon has augmented its NetX360 advisor platform to run on Microsoft's Surface Pro tablets via the Windows 8 Pro operating system.
Broadridge Debuts Swift Trade Confirmation Product
Broadridge Financial Solutions has announced the launch of its service for Swift Global Electronic Trade Confirmation (GETC), allowing institutional brokers a higher degree of automation when dealing with buy-side clients.
Marathon CTO's Model for Building Your Own HPC
Klay Stack didn't let his firm's small size hold it back from an architecture upgrade. Marathon Asset Management has a new high-performance computing (HPC) system to show for his confidence.
Paladyne Makes a Play for Control of Numerix Risk Tool
Paladyne Systems has secured the rights to the source code, development rights, and unlimited distribution rights for the Portfolio Risk product from analytics provider Numerix. Paladyne has also hired the Toronto- and Hong Kong-based development teams…
Alpha Completes Conversion to TMX Trading Engine
Alpha, the Canadian alternative trading system acquired by TMX Group, has completed its migration to TMX Group's proprietary trading engine, TMX Quantum.
Bonaire's Revport Makes Sell-Side Splash
Boston-based fee tracking and reconciliation software provider Bonaire, which historically targets buy-side managers, has beefed up its recent foray into vendor agreement optimization for capital markets.
Bermuda Stock Exchange Adopts Nasdaq Trading Platform
The Bermuda Stock Exchange (BSX) has launched Nasdaq OMX’s X-stream trading platform in an effort to gain the best latency and throughput among Caribbean exchanges.