TradingTech Insight Blogs The latest content from across the platform
SwapClear Passes US$1 Trillion in Overnight Index Swap Trades in 11 Weeks Since Launch
LCH.Clearnet Limited’s SwapClear service has surpassed the US$1 trillion market in cleared overnight index swap (OIS) trades in only 11 weeks since OIS clearing was launched. SwapClear is the leading global interest rate swap clearing service. Launched in 1999, it currently clears circa 64% of the global interbank interest rate swap market and, at 30…
SmartCo Adds Ex-SunGard Exec Knapp to Sales Team in North America
Following the launch of its North American subsidiary in December last year, data management solution vendor SmartCo has added a new hire to its team in the region in an attempt to gain more traction. Accordingly, the vendor has poached ex-SunGard sales and relationship management executive Brent Knapp to lead its sales efforts in the…
Riskart Announces Release of New OTC Derivatives Publishing Mechanism
Following the announcement of the decision from the Committee of European Securities Regulators (CESR) to back European Commission plans to compel transaction reporting on OTC derivatives, Riskart today announced the release in beta test of its new XML-based publishing module. This will allow the publication in XML in compliance with FpML standards from its OTC…
SIX Telekurs Adds Another Office to the North American Network in Toronto
As part of its push in the North American market and following the opening of a new office in San Francisco earlier this year, SIX Telekurs has added a Canadian office to its geographic footprint. The data vendor indicates that the office will be based in Toronto and will service its current customer base in…
DTCC Continues on the Case to Pitch its Warehouse as Trade Repository for OTC Derivatives
It seems that a week can’t go by without some mention of a trade repository being made in the US market. This week, the Depository Trust & Clearing Corporation (DTCC) has been doing its bit to renew its call for regulators and financial market participants to use its own Trade Information Warehouse as a repository…
UK FSA Confirms Data Format of Reports for Derivatives on Regulated Markets
The deadlines may have slipped but the UK Financial Services Authority (FSA) has released more details surrounding the formats required for its new Alternative Instrument Identifier (AII) transaction reporting regime. The regulator last week released a new document aimed at confirming the way in which transactions in reportable securities derivatives admitted to trading on a…
DST Global Solutions Launches EDM and Analytics Offering for Public Pension Funds
Following a rebrand earlier this year and a spate of new hires, investment management solution vendor DST Global Solutions has added a new data management and analytics platform for public pension funds to its portfolio. Jamie Verrengia, performance solution manager for the North American region, explains that its enterprise data management (EDM) platform has been…
StatPro Enriches Complex Asset Pricing Service for Investment Managers
StatPro Group, a provider of portfolio analytics and data solutions for the global asset management industry, today announces two enhancements to its system for pricing complex financial assets. T+0 pricing for credit default swaps and 142 new bond-pricing functions have been added to the software as a service. Complex Asset Pricing (CAP) produces model prices…
Call to Action from WFIC – Swifter, Higher, Stronger
The task now facing market data practitioners is to innovate in order to generate an essential renewal of the financial markets, according to Jon Robson, president, Enterprise at Thomson Reuters, who set the tone for the rest of the bi-annual World Financial Information Conference (WFIC) in his opening keynote speech. Relating the conference to the…
It’s Getting Better …
… Getting better all the time. That’s my assessment of the economy as far as spending on IT by Wall Street is concerned. Sorry, having just picked up the remastered Beatles classic Sgt. Pepper’s Lonely Hearts Club Band, I couldn’t resist tapping Lennon/McCartney’s track 4 title for this blog post. I’ll offer just a couple…