Buy-Side Technology/News
Six Launches Evaluated Pricing Service
Updates to EPS include dedicated support teams and new instrument coverage.
Kurtosys Taps Zucknovich for Product Management, Strategy
Zucknovich joins from Thomson Reuters, where he served for nine years.
Numerix Expands Instrument Coverage for Derivatives Analytics
CrossAsset 10.1 will cover convertible bonds, calendar spread options, multi-curve pricing for swaps products, and power spread options.
SS&C Debuts Total Return 2012
Tech platform focuses on reporting, incorporates Form PF support.
Princeton Unveils v3.5 of DVS Publisher
This latest release is designed to allow for greater customization and flexibility.
Zephyr Working on a New Portfolio Analytics Tool
Known for it's StyleAdvisor software, Zephyr has a couple of projects in the works, including "Analytics for Dummies"-style guidebooks.
UBS Launches Quant-Focused Services
New area combines services from direct execution and prime brokerage businesses.
Interdealer Brokers Tap MarkitServ for FX
BGC Partners, GFI, Tradition, Tullett Prebon choose MarkitServ to manage workflows.
IAS Selects SS&C Platform for Portfolio Management
Global Wealth Platform to provide real-time, cloud-based functionality.
Advent Partners with RedBlack for Portfolio Rebalancing
The alliance agreement will provide more efficient workflow for the firms' asset management clients.
ISDA and Markit Begin Onboarding for Compliance Tool
ISDA Amend allows swap market participants to amend ISDA Master Agreements and bilaterally exchange information necessary to comply with rules applicable to over-the-counter (OTC) derivatives transactions.
South African Firm Selects eFront
KTH needed an integrated deal flow and portfolio management system following the merger that created it.
BNY Mellon Signs 10-Year Deal with Bravura
Bank to continue to consolidate transfer agency capabilities to vendor platform.
TMX Atrium Creates Ultra-Low-Latency Path to Moscow
17.7 millisecond connectivity offered from Stockholm to Moscow.
Bonds.com Brings on Sacks as Head of Technology
Morgan Stanley veteran Michael Sacks met the top two Bonds.com execs while all three were working at MarketAxess.
Thomson Reuters Completes FXall Acquisition
FX trading platforms combined as deal is finalized.
Advent Software Appoints Lithium CEO to Board
Rob Tarkoff to join board of directors in September.
Bravura Solutions Hires Hofmann for EMEA Sales
Former Calastone sales director joins vendor's London office.
Citi Adds Middle Office Services to Victory Capital Management
The fully implemented solutions build on Victory's longstanding relationship with the bank.
Thomson Reuters Extends FXall Offer
Information giant also agrees to settle class action lawsuit.
Sapient Drives New Connectivity Standard for Cleared Derivatives
The Clearing Connectivity Standard will allow futures commission merchants to transmit clearing information to custodians on asset managers' behalf.
Celent Studies Risk Management in China
Asset managers in particular are dealing with highly varied risk management capabilities and technologies.
ConvergEx Upgrades Eze OMS
Adds portfolio risk management tools to product.
Julius Bär Acquisition of BAML IWM to Incur Significant Tech Costs
Running parallel platforms, infrastructure upgrades, and migration will constitute a large piece of total transaction costs, estimated at CHF400 million ($411 million).