TradingTech Insight Blogs The latest content from across the platform
Siperian Launches New Solution to Help Financial Services Companies Operationalise Customer Centricity
Siperian, a provider of a multi-domain master data management (MDM) platform, today announced the availability of its Extended Customer View Solution for financial services companies. The company’s latest solution offers a flexible and scalable approach that enables financial services companies to operationalise customer centricity while increasing business agility and speed. Siperian’s Extended Customer View presents…
Sifma Adds Four New Professional Societies to Broaden Industry Reach
The Securities Industry and Financial Markets Association (Sifma) has created four new professional societies to broaden its reach in the financial markets beyond its member firms. The four new societies are in fact the latest incarnation of the association’s previously semi-autonomous divisions, which are now focused around compliance and legal issues, internal auditors, financial management…
Milne Departs Xtrakter, Replaced by Euroclear’s Weber as New CEO
Following its acquisition by Euroclear in April this year it was only a matter of time before a management shake up was conducted at Trax platform operator Xtrakter. The vendor, which was previously operated as a subsidiary of the International Capital Market Association (ICMA), will now be headed by ex-Euroclear UK & Ireland CEO Yannic…
C Hoare & Co Chooses SimCorp Dimension
C Hoare & Co, United Kingdom’s leading independent private bank, has selected SimCorp Dimension as its future investment management platform. The system will support C Hoare & Co’s front, middle and back office operations including trading, portfolio management, compliance, performance measurement, securities administration, position administration, portfolio accounting and client reporting.
Reference and Corporate Events Data Now Available in Flexible XML Format
Valordata Feed (VDF) supplies reference and corporate events data on more than five million financial instruments. Supplied up to now in Edifact, this VDF data is now also available in XML format – thanks to the software solution VDF2XML Converter. SIX Telekurs uses Edifact syntax for structuring its reference data product Valordata Feed (VDF). Edifact…
UK FSA Slaps London Branch of Toronto Dominion Bank with £7m Fine for Pricing Failures
In the first of what could represent an avalanche of related fines for the financial services community, the UK Financial Services Authority (FSA) has this week fined the London branch of Toronto Dominion Bank £7 million for repeated systems and controls failings around the pricing of sophisticated financial products. This is the bank’s second fine…
OTC Val Provides Global Insurance Firm Daily Valuations of Illiquid Financial Products and Equity Securities
OTC Val signed one of the world’s largest providers of life insurance, pensions, and investment products. The firm’s investment management department receives valuation reports for their derivatives and structured product portfolio from OTC Val. These valuations are used for collateral management and financial reporting purposes and as price verification of counterparty and front office quotes….
SuperDerivatives Partners with Equinox Consulting to Offer Risk Consulting and Bespoke Solutions for Commodities Derivatives
SuperDerivatives (SD), a multi-asset front office solution, has partnered with Paris-based independent consulting firm Equinox Consulting to offer a comprehensive risk consulting and solution implementation service for financial institutions’ and corporations’ commodities derivatives businesses. Zohar Hod, vice president of strategic sales at SD, said: “By combining SD’s industry leading derivatives solutions with Equinox’s local expertise…
FactSet Research Systems Down 0.2% in Revenue for Q1 2010
Financial information and analytical applications vendor FactSet Research Systems has experienced a difficult first quarter to fiscal 2010, with revenues down 0.2% compared to the prior year. Despite the market downturn, the vendor has been investing in its business via the launch of a new platform and has now gone from offering data integration services…
StatPro Signs GIPS Compliance Deal with MFC
StatPro Group, a provider of portfolio analytics and asset evaluations services for the global asset management industry, today announces that MFC Global Investment Management (MFC GIM) has signed a contract for its GIPS compliance software. MFC GIM is the institutional asset management business of Manulife Financial Corporation. Global Investment Performance Standards (GIPS) are a set…