Buy-Side Technology/News
Markit Adds JPMorgan Integration Software for Syndicated Loans
Technology expected to be deployed in second half of 2016.
SS&C Adds Service to Help with New Margining Requirements
This service will help with IOSCO- and BCBS-related requirements.
Major UK Fund Managers Team on Blockchain
According to the Financial Times, five large fund managers are partnering to explore the benefits of blockchain technology.
Liquidnet Expands Execution & Quantitative Services Business with New Duo
Jerry Casey joins Liquidnet as head of trading strategy, while Craig Viani joins Liquidnet’s Algo Services group.
Tradeweb Expands Into US with New ETF Trading Platform
In 2012, Tradeweb launched its European ETF platform, which supports more than 45 percent of OTC electronic ETF trading in Europe.
Nikko Asset Management Taps SmartStream’s TLM OnDemand for Reconciliations
TLM OnDemand for reconciliations is the software-as-a-service version of SmartStream's reconciliations technology.
RHB Investments Taps Fidessa for Asian Trading Platform
Malaysian bank implements front-office platform for Asian algorithmic trading.
Chi-X Australia Selects Solarflare's Flareon Ultra
California-based vendor will aid Chi-X Australia's trading platform.
Nordea Bank SA Goes Live with Temenos’ WealthSuite
Temenos' integrated wealth management solution combines back-office standardization with front-office differentiation
Fincad’s Updated Platform Aims to Bring Quantitative Analytics to the Masses
Version 5.0 of the F3 platform provides functionality for both advanced quants and layperson traders.
DTCC Looks to Blockchain Technology to Improve Manual Processes
Without standards across the industry, blockchain technology could become a group of siloed solutions,
Big Buy-Side Merger: StatPro Acquires Investor Analytics
Investor Analytics CEO Damian Handzy will take over as StatPro’s global head of risk.
Dash Releases New Dashboard for Order-Routing Visualization, Execution
Dash360 is geared toward bringing transparency to the US options market.
Splice Machine Secures $9 million in Additional Funding
Funding will come from existing investors, including Mohr Davidow Ventures (MDV), Interwest Partners and Correlation Ventures.
Axioma Taps Morokoff as Head of Research
Morokoff has previously worked at S&P, Moody's and Goldman Sachs.
Confluence Creates Investor Communications, Expense Solutions Position for Casagrande
Gary Casagrande comes to Confluence from Brown Brothers Harriman.
Liquidnet Rolls Out New EMEA Block Trading Algo Suite
EMEA Next Gen Algo suite to provide combination of block trading and broader market execution functionality.
Nikko Asset Management Taps Vermilion for Global Reporting
Japanese asset manager to roll out VRS across its global operations for reporting requirements.
DataArt Bolsters Financial Practice With Addition of Moyce
Cliff Moyce joins after spending three years as the head of a consultancy
Prophet Capital Selects Broadridge Portfolio & Trading Platform
The structured credit hedge fund adopts integrated trading and operations platform for scalable infrastructure.
Numerix Rolls Out Latest CrossAsset Release
Version 12.5 expands real-world modeling coverage.
Maybank Taps Fidessa's Equities Trading Platform
Brokerage division of investment bank implements Fidessa equities platform in response to fragmented Asian markets.
Trillium Launches Surveyor for iPhone
New York-based Trillium unveils a new mobile compliance and monitoring tool to provide users with depth-of-book quotes for US equities.
ICE Completes $650 Million Trayport Acquisition
IntercontinentalExchange finalizes Trayport acquisition from BCG Partners and GFI Group.