Trading system TBricks has rolled out a managed, hosted variant of its automated trading software, and has partnered with S&P Capital IQ to provide market connectivity and data. TBricks OnDemand has been rolled out in Stockholm, London, Frankfurt and Chicago. TBricks provides tools to allow manual and low-latency automated trading in the global markets, including options…

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Thomson Reuters experienced a four-fold increase in due diligence meetings examining its role as an evaluated pricing provider in 2012, signalling growing pressure on financial firms to check the viability of their content providers and underlining extended expectations of transparency. Jayme Fagas, head of evaluated pricing, enterprise content, at Thomson Reuters and a speaker at…

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Thomson Reuters has set out its store on symbology saying it does not support the promotion of new identifiers as a means of improving data management, but is keen to support industry standards and has plans to offer services such as symbology cross-referencing to ease the burden on data managers. The company documents the development…

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Storage vendor DataDirect Networks is pointing to new record benchmark results for financial analytics for its SFA12K-40 platform. The benchmark in question in the STAC-M3 suite, covering a number of operations on a time series of data.  DDN says its hybrid spinning disk and flash memory platform outperformed “traditional storage” by a factor of eight,…

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Fenergo, a provider of customer lifecycle management software, has extended the model of its Client & Counterparty Data Management solution to capture and manage additional reference data that is essential for compliance with regulations such as the Foreign Account Tax Compliance Act (Fatca), Dodd-Frank, the European Market Infrastructure Regulation (EMIR) and Markets in Financial Instruments…

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StatPro has taken a leap forward in evaluated pricing data following a partnership with Interactive Data that integrates the data providers’ evaluation data on 2.8 million fixed income securities into StatPro’s Revolution cloud-based portfolio analytics solution. StatPro will continue to offer evaluated pricing for about 0.5 million global equity securities, bringing its coverage to 3.2…

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Anova Technologies is taking control of a microwave wireless network connecting Equinix’s key economic news distribution hub in Washington, DC to Nasdaq OMX’s data centre in Carteret, NJ. In so doing, it’s directly connecting news sources at lowest latency into the trading markets, allowing firms to trade from signals themselves, and not from responding to…

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Automating corporate actions and reducing risk associated with manual intervention is proving difficult to pin down as the financial services industry struggles with a lack of standardisation, a growing volume and complexity of events, and different regional interpretations of events. A panel discussion at last week’s A-Team Group Data Management Summit grappled with the problems…

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Peter Warms, head of product development for global data and symbology at Bloomberg Data Solutions tackled issues around legal entity identifiers (LEIs) at last week’s A-Team Group Data Management Summit. He acknowledged the aim of a global LEI system to improve risk management and counterparty reporting, detailed industry challenges posed by the system and noted…

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Big data, cloud computing, the semantic web, big meta data, logical data models and in-memory analytics featured in a debate about emerging technologies for enterprise architecture at this week’s A-Team Group Data Management Summit. Colin Gibson, head of data architecture, markets and international banking at the Royal Bank of Scotland set the scene describing data…

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