Buy-Side Technology/News
Month in Numbers
"It's safe to say that the single-prime model is completely dead. It's pretty clear that all hedge funds are going after multi-prime environments'"Sameer Shalaby, chief executive at hedge fund technology provider Paladyne Systems, explaining that more…
ITG: closer alignment needed between trading strategy, cost analysis and investment decisions
A new white paper published by Investment Technology Group (ITG) finds that buy-side firms can expand capacity for assets by more carefully considering implementation costs resulting from their portfolio managers' investment decisions.
Prescient signs ASP contract with Eagle
Prescient Investment Management, a Cape Town-based independent quantitative investment manager with approximately $8 billion under management, has selected Eagle Investment Systems to deliver its integrated investment management suite via its application…
StreamBase adds algorithmic tools to CEP offering
In an bid to extend customisable trading capabilities to its buy-side and broker clients, complex event processing (CEP) technology developer StreamBase Systems has rolled out a new set of algorithmic execution strategies that users can tailor to…
StatPro Group enhances CAP offering
StatPro Group, the Wimbledon, UK-based provider of portfolio analytics and data solutions for the global asset management industry, has made two enhancements to its system for pricing complex financial assets: T+0 pricing for credit default swaps has…
Instinet introduces BLX dark pool
New York-based Instinet, a provider of electronic trading and agency-only brokerage services, has launched BLX, a new algo-friendly dark pool for US equities that it claims 'builds' block trades by combining the liquidity aggregation benefits of point-in…
Thomson Reuters unveils Portia v10.0
Thomson Reuters has launched an enhanced version of its Portia investment accounting system. Portia v10.0 includes:
AXA to offer funds via Calastone
Calastone Limited, the independent cross-border transaction network for the mutual funds industry, has announced that London-based AXA Investment Managers, one of the largest European-based asset managers with approximately €500 billion under management,…
Schroders live with SimCorp Dimension in Asia Pacific
Schroder Investment Management has completed the implementation of SimCorp Dimension for valuation and settlement functions across four countries within its Asia-Pacific operation.
Charles River opens Beijing office
Burlington, MA-based Charles River Development has opened a regional office in Beijing. The office is located in the Excel Centre in the Financial Street area of Beijing.
Thomson Reuters unveils strategic hosting initiative
Thomson Reuters is set to expand its hosting business by adding a series of performance-tuned data centres to its existing facilities in New York and London. This expansion is in collaboration with Missouri-based Savvis, a provider of outsourced internet…