Buy-Side Technology/News
Study highlights Euro trading inefficiencies
Oxera, the Oxford, UK-based economic consultancy has, in conjunction with Omgeo, released the results of its research into the current status regarding the automation of trade processing in the European markets.
Markit completes SwapsWire acquisition
Markit, has completed the acquisition of SwapsWire, the electronic trade confirmation network for the OTC derivative markets. Markit expects to complete the full integration of the firm some time this month (July). The integrated Markit Trade Processing …
RiverCross ATS selects SunGard's Brass to power dark pool
RiverCross ATS has selected SunGard's Brass infrastructure to host its dark pool servicing sell-side providers. The connection to RiverCross will allow SunGard Brass clients direct connectivity to its dark pool and the option of executing orders before…
Eskom signs for SunGard's AvantGard
Eskom, the South African parastatal and the country's primary electricity supplier producing approximately 95% of South Africa's electricity, has selected SunGard's AvantGard platform for treasury management.
Month in Numbers
"Clearly we don't use carrier pigeons - the point I was trying to make is that the industry is still very much transfixed by the 'Henry Ford' approach to technology, which allows you to do things faster. But that's not necessarily how you make money"