Buy-Side Technology/News
KLP AM Selects Algorithmics for Risk Management
Asset manager will implement the Algo Risk Service across all its portfolios to create a more integrated risk management function linking its portfolio managers, risk managers and client advisors.
Toronto Vendors Launch Semantic Analysis App
Canadian vendors join forces to launch Market Sentiment Navigator.
Marilyn Watson's Passing
SimCorp's long-time PR face passes away while on holiday in Cyprus.
Orc Appoints SimCorp CIO as Future CEO
Torben Munch will join Stockholm-headquartered company in January 2013.
Kleinwort Benson Selects Vermilion Reporting Suite
Vermilion's software used for private client reporting at bank.
Grandeur Peak to Use Lindata's Longview OMS
The investment firm, focused on small and micro-cap equities, will use the system for currency optimization in cross-border trading execution.
Hibernia Moves Into Equinix Tokyo Data Center
Hibernia Atlantic recently moved into the Asia-Pac region.
Generation Investment Management Re-ups with Northern Trust
Covering custody, investment operations, and other services, the outsourcing reappointment comes after an initial agreement in 2005.
StatPro Debuts Portfolio Aggregation
New service aimed at pension funds of all sizes.
Calastone Connects Singaporean Fund Managers as Automation Drive Revs Up
Calastone goes live with first electronic orders into Singapore funds.
Gravitas Introduces Private Cloud for Alternative Asset Managers
The solution, enabled by VCE's Vblock infrastructure, will be hosted at two Equinix datacenters.
ConvergEx Expands ADR to Poland and Philippines
The ADR Direct tool can now execute conversion trades in 32 countries.
Apex Employs Fund Performance Analytics From StatPro
Fund administrator employs cloud technology for portfolio analytics.
Dion Launches OTC Pricing, Risk Management Tool
Software provider launches dfferentia for buy- and sell-side institutions.
Nano Capital Selects Orc Market Maker
New fund to use software on a co-located, hosted basis.
Orange Launches Flexible Trading Service
Cloud-based product combines turret offerings with TCSnet and voice recording.
Southpaw Selects SunGard's VPM for Portfolio Accounting
The Connecticut-based firm hopes to streamline back-office accounting and investor reporting.
FinAnalytica Nails Down Fifth Tail-Risk Patent
The functionality allows users to create a framework for modeling asset returns by incorporating a flexible copula function based on a mixture between two copula functions.
Investment Managers Say Fee Leakage Remains Unwieldy
Up to half of investment management firms to continue to see operational costs in manually processed payments and delayed billing.
TradingScreen Teams With Zeno for FX TCA Partnership
TradingScreen will combine its expertise in the FX space with Zeno's consulting services in TCA.
Eagle Releases Version 12.0
Vendor focuses on data management, performance and accounting.
Capita Adopts Calastone's Daily Reconciliation Service
Positions can now be reconciled daily instead of monthly.
Invesco Taps OneTick for TCA
The fund manager will be able to build customized historical simulations and conduct quantitative research.