Buy-Side Technology/News
SimCorp Enhances Alternatives Offering for its Dimension Platform
Other updates to the platform include Mifid II compliance, a strategy builder for Solvency II requirements and collateral management workflows.
Balyasny AM Hoists Antenna for Evaluating Alternative Datasets
Antenna will shorten the time needed to evaluate new datasets, and allow BAM to begin using the data faster than its rivals.
Opus Launches Anti-Corruption Platform
The product is designed to help simplify the process of navigating third-party risk in other countries.
T. Rowe Price Taps Former BlackRock Strategist for APAC Strategy Role
Shen will focus on creating solutions for institutional investors in the Asia-Pacific region.
Thomson Reuters, Blackstone Agree $20B Financial & Risk Unit Spin-Off
Thomson Reuters has agreed to sell its Financial & Risk unit to a new company minority-owned by the vendor and majority owned by a consortium led by Blackstone Group.
Finastra Buys FX Platform Provider Olfa Soft
Finastra will combine Olfa Soft 's Seamless FX platform with its FusionCapital Treasury solution.
Saxo Capital Markets Launches 'Essential' Offering in Singapore, with Further Asia Expansion to Follow
‘Essential’, which is targeted toward the retail space, was first launched in the UAE & UK. Saxo will launch SaxoTraderPRO in Asia for hedge funds in April.
OpenDoor Receives Third $10 Million Investment Round
In the first week of January, the company also launched two new tools aimed at providing more insights for traders.
Former Lloyds FX Chief Invests in Post-Trade Platform Cobalt
Darren Coote will serve as a strategic adviser to Cobalt's board as the company readies the platform's launch.
Eurex to Suspend Swiss Operations
Eurex Zurich will cease operations at the end of March, citing conflicts between Mifid II and a new regulatory framework in Switzerland.
GLMX Plans European Expansion with $20 Million Fund Raise
Repo trading platform will use funds to fuel European expansion.
FIX Releases Cybersecurity Guidelines
The guidelines recommend authentication methods to use TLS protocols with FIX.
DTCC Proposes Measures to Further Reduce US Settlement Times
The two proposals could bring settlement down to a day-and-a-half from time of trade, but still need more feedback from the industry.
Goldman Leads $38 Million Funding Round for Visible Alpha
Fintech firm to complete integration of Alpha Exchange and expand into Europe and Asia, with eye on potential further acquisitions.
Societe Generale Completes Trades on Blockchain Platform
The French bank's securities services arm successfully tests a full trade cycle with OFI Asset Management on a blockchain platform
Northfield Partners with Alexandria for Sentiment-Based Risk Models
The offering aims to help users quantify risk based on the latest news.
Northern Trust Buys Omnium Technology Development from Citadel
The deal is expected to close in the first half of 2018.
SS&C Technologies Acquires DST Systems
Windsor, CT based buy-side technology giant acquires parent company of DST Global Solutions, snapped up in December 2014.
Vanguard and Symbiont Ally on Blockchain Project
With CRSP, the pilot will bring index data immediately to asset managers' networks.
Eze Software Teams with Wise Trading to Boost FX Capabilities
One asset manager is about to go live on the joint solution, which marks another major partnership by Eze with a third party this year.
Sifma Adds Voice to CAT Personal Information Row
Lobby group is looking at other types of data that it can suggest to the SEC for use in the CAT.
OpenDoor Appoints Former AQR FX Chief as MD
The Treasurys trading platform also named Liz Hogan of Societe Generale as managing director.
ICE Taps Former CFTC Commissioner Bowen for Board
Bowen fills a newly created seat on the exchange operator's board of directors.
R3's Corda Now Available on Amazon Web Services
Users can build Corda applications on the AWS cloud, bypassing the need for individual permissions on local machines.