Buy-Side Technology/News
FinAnalytica Rolls Out Enhanced Cognity Platform
The latest version of FinAnalytica’s Cognity Platform includes functionality for daily updates, the inclusion of liabilities and leverage from long and short positions in optimization calculations, expanded coverage of exotic foreign exchange (FX)…
Ada Investments Jumps on Gravitas Private Cloud
New York-based Ada Investments will migrate its core services and production applications to the private cloud of Gravitas, a co-sourcing platform providing cloud technology, collaborative outsourcing and risk support to the alternative investment…
Kerius Takes Numerix CrossAsset
Boutique financial risk management advisory Kerius, based in Paris and Geneva, will integrate the Numerix CrossAsset derivatives pricing analytics platform for its hedge modeling business.
Prescient Ridge Goes Live on New Trading Infrastructure
Highland Park, IL-based Prescient Ridge Management (PRM), a managed futures fund specializing in short-duration, systematic trading strategies, has gone live with its new trading infrastructure incorporating Connamara’s Made-to-Measure components.
Study: Legacy Systems, Decentralization Stunt Growth
A survey conducted by Nielsen for buy-side technology vendor SimCorp’s StrategyLab research arm reveals that older platforms imply higher costs and slower response to business and regulatory requirements.
Fitch Makes Acquari Head of Sales
Fitch Solutions has appointed Julian Acquari its global head of sales.
Anova Adds Intelligent Alerting Functionality for Decision-Making, Compliance
Surbiton, UK-based DST Global Solutions, a provider of investment management technology and services, has unveiled what it has dubbed “intelligent alerts” functionality within its Anova data management platform.
PT Schroder Takes Omgeo for Post-Trade Automation
PT Schroder Investment Management Indonesia has selected Omgeo Central Trade Manager (CTM), becoming the first asset manager in the region to go live on the service.
Fenics and Traiana Team Up On OTC FX Derivatives
Fenics Software, a GFI Group company, has signed an agreement with Traiana that will allow Fenics customers to manage the reporting of OTC foreign exchange (FX) derivatives into swaps data repositories and clearing houses.
Banque Privée 1818 Banks on BSB
Banque Privée 1818 has signed with Belgian vendor BSB for its Soliam asset management and distribution platform.
Primatics Appoints Former OpenLink Chief Hesselbirg as CEO
Kevin Hesselbirg will immediately head up McLean, Va.-based Primatics, which provides loan accounting and valuation software for portfolio managers.
Reval Hires Keeton for APAC SaaS
Reval, a New-York headquartered provider of software-as-a-service (SaaS), has appointed John Keeton as vice president of professional services in the Asia-Pacific region.
IMS HedgeOp Opens Hong Kong Office
IMS Group and HedgeOp Compliance, the buy-side consultancies which merged last year, have opened a Hong Kong office under the name, IMS HedgeOp.
Clariden Leu Selects Advent Suite
Clariden Leu UK, a London-based wealth manager focusing on ultra high net-worth investors, has opted to implement a suite of asset management applications from San Francisco-based Advent Software, a provider of software and services to the global…
Omgeo, Enfusion Partner on Listed Derivatives
The post-trade solutions provider will connect its Central Trade Manager for domestic and cross-border exchange-traded derivatives (ETDs) with Enfusion's Integráta buy-side portfolio management solution.
PhilipCapital Taps Orc for NSE Connectivity
PhilipCapital, an asset management firm with $22 billion under management, has signed with Orc Software for low-latency connectivity in India.
SGGG Fexserv Taps Linedata for Transfer Agency in Malta
Toronto-based fund administrator SGGG Fexserv has selected the Linedata Mshare transfer agency solution to support its expanding business in Malta. This is Linedata's fifth Maltese client.
eClerx Names Alan Paris as Principal
Outsourcing provider eClerx has named Alan Paris as principal in the company's New York office.
GEM Deploys StreamBase for CEP Trading
Geneva Energy Markets (GEM), a New York-based prop trading group specializing in exchange-cleared oil contracts, has deployed StreamBase for their automated trading infrastructure.
Sciens Outsources Managed Account Platform to SEI
Sciens Alternative Investments, a capital management firm with approximately $4.8 billion assets under management, is outsourcing its managed account platform to SEI.
BI-SAM Appoints Durkee Chief Marketing Officer
BI-SAM, the Paris-based provider of performance, attribution, data management, and risk technology and services, has appointed Elizabeth Durkee chief marketing officer.
Indata Enhances Compliance Solution
Buy-side solutions provider Indata has upgraded its iPM Compliance solution so that users can more easily customize individual compliance rules' workflow through different levels of the trading process.
ConvergEx Unveils Premarket Trading Algo
ConvergEx Group has released a new algorithm that is designed to allow users to automate the largely manual process of premarket trading.
SmartStream Standardizes Reconciliations With New Version of TLM Product
SmartStream Technologies, the financial transaction lifecycle management specialist, has released the latest version of its reconciliations solution, TLM Reconciliations-Premium, which is designed to cut operational costs and duplication of feeds.