Sell-Side Technology/News

Javelin Taps IPC's Connexus Ahead of Swaps Execution

Nascent derivatives execution platform Javelin, which plans to serve as a swap execution facility (SEF) in the newly regulated environment, will plug into IPC's Connexus financial extranet that includes a variety of interbroker dealers and institutional…

ICE, Cetip Bonds Platform Approved in Brazil

Brazilian securities regulator Comissao de Valores Mobiliarios (CVM) has approved Intercontinental Exchange's (ICE) fixed income trading platform, developed in conjunction with Rio de Janeiro-based depository Cetip.

FTN Financial Implements HelixRepo, HelixMBS

Part of First Tennessee National Bank based in Memphis, FTN Financial Capital Markets will use HelixRepo and HelixMBS to track fixed-income financing and automate allocation of its mortgage-backed securities (MBSs) pools, respectively.

Capco Introduces 'Living Wills' Platform

Known officially as resolution plans, living wills for financial institutions are mandated by Dodd-Frank to provide rapid and orderly deconstruction of institutions in event of distress or bankruptcy.

RBS Fined $612 Million for Libor Manipulation

The Royal Bank of Scotland (RBS) has been fined $612 by US and UK regulators over its role in the manipulation of the London Interbank Offered Rate (Libor), becoming the latest bank to be indicted in the ongoing scandal.

IBM Upgrades Big Data, Cloud Approach

Technology juggernaut IBM has announced an extensive revamp of its PureSystems integrated platform, which allows for the rapid deployment of private cloud infrastructure and large data set analysis.

Perseus Connects with London Data Exchange

London Data Exchange (LDeX), provider of London-based colocation facilities and data center services, is offering a global exchange platform for London-based trading firms, in collaboration with Perseus Telecom.

O’Hanlon Assumes CEO Role at Numerix

New York-based Numerix, a provider of cross-asset analytics for derivatives valuations and risk management functions across the sell side and buy side, has appointed Steven O’Hanlon as the firm’s CEO. Gregory Whitten, who held the position of CEO since…

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