A-Team Insight Author: A-Team
European Fund Administration Benefits from AIM Portfolio Pricing Solution
European Fund Administration (EFA) has deployed AIM Software’s GAIN Portfolio Pricing business application to manage increasing regulatory requirements around portfolio pricing and meet growing client demand for more frequent net asset value (NAV) calculations. The AIM portfolio pricing application, which is based on the company’s GAIN enterprise data management platform, is the central component of...
Atlas ATS Deploys Strevus Compliance Solution to Support Digital Currency Exchange
Atlas ATS, a New York based cryptocurrency trading exchange, has deployed a Strevus hosted solution to ensure that its institutional customers achieve Know Your Customer (KYC) and Anti-Money Laundering (AML) compliance as required under the US Bank Secrecy Act. The exchange is up and running with the Strevus compliance lifecycle management solution in New York...
Fidessa Promotes David Polen to Global Head of Electronic Execution
Fidessa has appointed David Polen as global head of electronic execution with responsibility for developing the company’s platform and electronic execution capabilities across global markets. Reporting to Mark Ames, global head of sell side services, Polen will deliver a range of managed solutions that will allow brokers to present their clients with intelligent and cost-effective...
Quincy Expands QED with Equity and Energy Futures
Quincy Data has expanded its Quincy Extreme Data (QED) service with the addition of select equity and energy futures sourced from 350 East Cermak and cash treasuries sourced from Carteret. With this development, Quincy clients will not only benefit from additional data sources, but also Quincy’s broad distribution of data from eight exchanges to trading...
Global LEI System Takes Major Step Forward with Formation of Foundation
The Global Legal Entity Identifier System (GLEIS) has taken a major step forward with the establishment and first meeting of the Global LEI Foundation (GLEIF). The foundation will develop the Central Operating Unit (COU) of the GLEIS and take over management of the system from the Regulatory Oversight Committee (ROC) of the LEI over the...
Bloomberg Extends Vault with File Analytics for Dark Data
Bloomberg has added File Analytics to its Vault enterprise information management service with a view to helping organisations locate and manage dark data held in files and documents. The company defines dark data as ‘unstructured, untapped data that is held by organisations, which has not been analysed or processed’, and says users of the Vault...
Tech Matters with Pete Harris: Flash For The Men, Not The Boys
In the search for increased financial application performance, systems architects are exploring a number of different hardware approaches. Parallel processing is one of them. Another is deploying Flash memory as a substitute for hard disk storage, which can be particularly effective where data throughput is a bottleneck. As it happens, quite a bit has been...
GFT Technologies Acquires Rule Financial
Stuttgart-based GFT Technologies has reached agreement to acquire London-based IT consultancy and services provider Rule Financial. Details of the acquisition have not been disclosed, but it will significantly strengthen GFT Group’s presence in the UK and US investment banking markets, and add employees and revenue. Rule Financial includes nine of the world’s top 10 leading...
DST Enhances Anova Position Keeping to Deliver IBOR Product
DST has enhanced the position keeping element of its Anova post-trade data management, analytics and reporting suite to deliver a fully-fledged investment book of record (IBOR) designed to provide asset managers with near real-time visibility of positions and valuations. Anova has included the capability to consume transactions and events, and provide continuously updated valuations and...
Gilbert Dupont Extends Use of SunGard Valdi Market Access to Reach Turquoise and Equiduct
Société de Bourse Gilbert Dupont is building on its relationship with SunGard and its use of the company’s Valdi Market Access software-as-a-service (SaaS) solution to extend its reach to Turquoise, the London Stock Exchange’s pan-European multilateral trading facility. Gilbert Dupont, a specialist in small and mid-sized company research and a wholly-owned subsidiary of Groupe Crédit...