Trading Tech
SGGG Fexserv Taps Linedata for Transfer Agency in Malta
Toronto-based fund administrator SGGG Fexserv has selected the Linedata Mshare transfer agency solution to support its expanding business in Malta. This is Linedata's fifth Maltese client.
Risk, Cost and Geographical Concerns Limit Shorter Settlement Moves
As Europe moves towards T+2, or settling two days after trade date, moves to further shorten settlement cycles are unlikely to be mandated by regulators, panelists and attendees at the FPL EMEA Trading Conference said last week.
GEM Deploys StreamBase for CEP Trading
Geneva Energy Markets (GEM), a New York-based prop trading group specializing in exchange-cleared oil contracts, has deployed StreamBase for their automated trading infrastructure.
South Korean Government Approves Central Clearing
The South Korean Financial Services Commission (FSC) has announced that central counterparty clearing houses (CCPs) will be mandated for certain over-the-counter (OTC) derivatives transactions.
Staring Down the Barrel of Mifid III
Delays and frustrations could prompt a third round of reviews in Europe, which is exactly what we don't need.
Sciens Outsources Managed Account Platform to SEI
Sciens Alternative Investments, a capital management firm with approximately $4.8 billion assets under management, is outsourcing its managed account platform to SEI.
FPGA Straight Talk: Benefits Tempered by Expense, Programmer Dearth
Mohammad Darwish's company, AdvancedIO Solutions, sells field-programmable gate array (FPGA) technology. But you wouldn't know it from hearing him talk—he does not sugarcoat the hardware's flaws.
Multiple SaaS Options; Need for a Single Sign-On
One of the risks of the proliferation of Software-as-a-Service (SaaS) solutions is the need for multiple sign-ons. This was a sentiment expressed by Michael Radziemski, the chief information officer of Lord Abbett & Co.
Indata Enhances Compliance Solution
Buy-side solutions provider Indata has upgraded its iPM Compliance solution so that users can more easily customize individual compliance rules' workflow through different levels of the trading process.
ConvergEx Unveils Premarket Trading Algo
ConvergEx Group has released a new algorithm that is designed to allow users to automate the largely manual process of premarket trading.
FixSpec Establishes FIX Testing Utility
Service and utility provider FixSpec has set up a multi-venue certification service for developers working on FIX applications.
SmartStream Standardizes Reconciliations With New Version of TLM Product
SmartStream Technologies, the financial transaction lifecycle management specialist, has released the latest version of its reconciliations solution, TLM Reconciliations-Premium, which is designed to cut operational costs and duplication of feeds.
DTCC Pilot Introduces ISO 20022 For Distribution Events
In the third phase of its corporate actions pilot, the Depository Trust and Clearing Corporation is introducing ISO 20022 messages for distribution events such as cash dividends, stock dividends, interest payments and principal payments
Renaissance Capital Taps GATElab for Margining
Moscow-headquartered investment bank Renaissance Capital has rolled out GATElab's MICEX and FORTS HFTS Gateways for cross-asset margining.
Orange, Bloomberg Partner for Voice Record Archiving
Orange Business Services - Trading Solutions has partnered with Bloomberg to launch a cloud-based voice record archiving service.
NAS Joins Calastone's Australian Network
National Australia Bank Asset Servicing (NAS) has joined Calastone's fund transaction network, the vendor has announced, bringing its share of Australian fund managers operating on its network to 40 percent.
StatPro Adds Bottom-Up Visualization for Stock Picks
Portfolio analytics and reporting vendor StatPro has announced the addition of bottom-up stock picking analytics to its Revolution platform.