Buy-Side Technology/News
Nasdaq Extends Smarts to Buy Side Through Sterling Partnership
Nasdaq OMX has announced a partnership with Sterling Trader, extending the use of its Smarts Broker surveillance product to buy-side firms.
TT Unveils MultiBroker Platform
Trading Technologies has launched MultiBroker, the Chicago-based vendor's trading solution that allows buy-side firms to gain direct market access (DMA) via multiple brokers from a single X_Trader Pro or application programming interface (API) connection…
Citi Adds Brazil to Total Touch Platform
Citi announced that it has added Brazilian equities to Total Touch, its block electronic execution platform.
Fox River Algos Available Through Silexx EMS
SunGard's Fox River Execution Solutions has made its algorithms available to users of the Obsidian execution management system (EMS) from Sarasota, Florida-based Silexx.
Aegon AM Chooses Markit EDM for Global Data Management
Aegon Asset Management has selected Markit’s Enterprise Data Management (EDM) platform to support its global data management strategy across multiples business units.
Omgeo and Eze Automate Matching Between Platforms
Omgeo and Eze Software Group have announced the development and launch of a high-performance link between Eze OMS and Omgeo Central Trade Matcher, in order to automate futures and options matching between the two products.
Northern Trust Adds New Fixed Income Functionality to its Performance Reporting Suite
Chicago-based Northern Trust has added daily security-level data for fixed income to its performance attribution tools within its Investment Risk and Analytical Services (IRAS) product suite.
Linedata Adds Private Equity Capabilities
Linedata has added private equity administration functionality to its back office platform.
eClerx Unveils ISDA CSA Solution
Business processing provider eClerx has launched a new product to allow firms to better manage ISDA credit support annex (CSA) documents. The new product, called ISDA CSA Document Risk Review, is designed to help firms better manage their credit risk.
Six Partners with swissQuant for ImpaQt Launch
Data services provider Six Financial Information and swissQuant have launched ImpaQt, a portfolio risk-management system, to support the wealth-management industry in meeting regulatory requirements for client protection, pre-trade suitability and risk.
Swedbank Robur Online with SimCorp for Solvency II
The Swedish asset manager, with about $70 billion actively managed across 130 funds and institutional clients in Scandinavia and the Baltics, has expanded its previous SimCorp Dimension implementation with an add-on for the upcoming regulation targeting…
Alpha Omega Integrates with Linedata OMS for Post-Trade
Paris-based Linedata and California-based Alpha Omega Financial Systems, provider of FIX Protocol-based post-trade software, have agreed to integrate Alpha Omega’s FIXAffirm post-trade processing platform with the Linedata Longview order management…
Paladyne Management Team in Shake-Up, Sources Confirm
Buy-Side Technology has learned that two of the founders of Paladyne Systems─Sameer Shalaby and Scott Alderson─have left the vendor, which was renamed Paladyne, a Broadridge Company, after Broadridge Financial Solutions acquired the buy-side technology…
StatPro Adds Ucits Capabilities to Revolution; Lands Caceis
Portfolio analytics vendor StatPro Group has upgraded its Revolution platform to allow for global exposure and liquidity monitoring, which the company says will aid in staying compliant with Ucits IV.
Lord Abbett Turns to SimCorp for Investment Management
New Jersey-based asset manager Lord Abbett has selected SimCorp’s investment management solution to support the firm’s value creation strategy.
Broadridge Buys Bonaire in Continued Buy-Side Push
Broadridge Financial Solutions has acquired buy-side focused vendor Bonaire Software Solutions for an undisclosed sum. The deal is expected to close next month.
Numerix Launches Risk Scenario Framework
Analytics and risk management provider Numerix has released a new scripting language for "defining bespoke risk scenarios, stress tests and greeks."
StatPro Adds New Module to its StatPro Revolution Platform
StatPro Group, a portfolio analytics provider, has added a global exposure and liquidity monitoring module to its portfolio analysis and reporting platform, StatPro Revolution, to aid compliance with UCITS regulations.
Lighthouse Taps SS&C GlobeOp for CVA
Investment management firm Lighthouse Partners, which serves fund of hedge funds, will use fund administrator SS&C GlobeOp to perform credit value adjustment (CVA) calculations.
Broadridge Backs Bloomberg Tradebook
The investor communications provider is now helping Bloomberg's agency brokerage begin self-clearing U.S. equities with its hosted business process outsourcing (BPO) solutions.
OFI Mandats Uses Linedata Chorus in the Cloud
The recently launched software-as-a-service (SaaS) option for Linedata Chorus has been chosen by discretionary fund management specialist OFI Mandats to enable it to reinforce its administrative, accounting and regulatory management services for its…
Hyperion AM Joins Calastone’s Network
The Australian equities fund manager, Hyperion Asset Management, has joined the Calastone Global Funds Transaction Network to automate the flows from participating platforms and custodians into Hyperion’s funds.
Investment Managers to Add Staff to Tackle Data Abundance
A large majority of investment management firms are likely to increase their headcounts during 2013 to support information strategy, research by buy-side consultancy Investit has revealed.