A-Team Insight Blogs The latest content from across the platform
Q&A: Chris Lees of FixSpec on the “Myth” of Standard FIX
The FIX protocol has been around for years – since 1992 in fact – and is pretty much ubiquitous in the world of electronic trading. But it is still difficult to implement for many. IntelligentTradingTechnology.com spoke to Chris Lees, founder of London-based startup FixSpec, to find out what the issues are, and what his company is…
Regulatory Oversight Committee Set to Take Charge of LEI Development and Tackle Outstanding Issues
The first meeting of the Regulatory Oversight Committee (ROC) of the global legal entity identifier (LEI) system will be held in Toronto at the end of this month. Some 45 public authorities from across the globe have assented to the LEI Charter approved by the G20 on November 5 2012 and become members of the…
Markit and CTI Tackle Fatca Compliance with Service Bureau
Markit and Compliance Technologies International (CTI) have teamed up to target the Foreign Account Tax Compliance Act (Fatca) compliance market, but unlike most vendors the companies propose a Fatca service bureau rather than a deployed or hosted solution. Their aim is to serve fund types and sizes that typically outsource IT and do not have…
SunGard Confirms Departure of Marketing Chief Paul Wilson
It has emerged that Paul Wilson has left the role of chief marketing officer (CMO) at SunGard Financial Systems after working at the company for a total of nearly 14 years. Wilson joined SunGard in 1999, initially leading the marketing of two international business segments before being promoted to lead corporate marketing in EMEA and…
Basel Committee Publishes Definitive Principles for Risk Data Aggregation and Reporting
The Basel Committee on Banking Supervision has published ‘Principles for effective risk data aggregation and risk reporting’, a final document based on an earlier version of the principles issued in June 2012 for consultative purposes. The document includes 14 principles grouped into four headline topics and states that global systemically important banks (G-Sibs) should start…
Quartet FS Opens Access to ActivePivot Analytics Engine
Quartet FS has opened access to its ActivePivot in-memory analytics engine by adding support for a number of non-proprietary front-end user interfaces to the software. As an alternative to the Quartet FS Live interface, the company is offering access to ActivePivot through visualisation tools that are compatible with the Multidimensional Expressions (MDX) query language for…
Thomson Reuters Joins Fatca Fray with Modular Compliance Solution
Thomson Reuters has joined the growing group of vendors providing compliance solutions for the US Foreign Account Tax Compliance Act (Fatca) that came into effect on January 1. Its offer is a modular, yet holistic, solution that can flex in response to elements of the legislation that are still to be determined or may change…
Analysis: Inside Supermicro’s Hyper-Speed HFT Server
Super Micro Computer last month introduced a new line of “Hyper-Speed” servers, pitching them at high frequency trading applications. The company says they work by “maximising processing power and precisely tuning hardware and firmware to attain up to 30% lower latency.” And just as importantly, the servers feature “high reliability as a primary design focus.”…
Talking Reference Data with Andrew Delaney: The Billion Dollar Startup
Last year was a busy year from Standard & Poor’s, or at least for the part of Standard & Poor’s that is now known as S&P Capital IQ. President Lou Eccleston – who cut his teeth in our industry as part of the core management team of Bloomberg, where he headed sales for many years…
SunGard Makes its Mark in Corporate Actions Market through XSP Acquisition
SunGard’s acquisition of XcitekSolutionsPlus (XSP) marks a major step up in the corporate actions market for SunGard and marks an erosion of the population of independent corporate actions platform specialists. The deal, details of which have not been disclosed, was done late last year with XSP becoming part of SunGard’s capital markets business on December…