TradingTech Insight Blogs The latest content from across the platform
Reval Hires Ex-QuIC Sales Exec Sirett as Managing Director for EMEA Region
Risk management solutions provider Reval has hired ex-QuIC Financial sales head, Nigel Sirett as its new managing director for the Europe, Middle East and Africa. In his new role, he will be responsible for driving sales in the region for its derivative risk management and hedge accounting solutions. At QuIC Financial, Sirett was responsible for…
Finsoft Financial Joins FISD’s Data Model Working Group to Share CSDB Experience
Data management solution vendor Finsoft Financial has joined the Software & Information Industry Association’s (SIIA) Financial Information Services Division (FISD) with a view to getting involved in its reference data discussions. The vendor, which is the provider of the technology platform for the European Central Bank’s (ECB) Centralised Securities Database (CSDB), will contribute to the…
Broadridge Signs Strategic Alliance with Oracle for Mantas Compliance Solution
Representing its third partnership agreement this month, Broadridge Financial Solutions has signed another strategic alliance, this time with Oracle Financial Services Software to offer a best practices compliance solution for financial institutions using Oracle Mantas. Under this new agreement, Broadridge hopes to offer financial institutions a one stop shop for compliance via a managed solution…
Susquehanna Financial Group Completes Integration of Derivix Solution into In-House Platform
Susquehanna Financial Group (SFG) has completed the integration of the Derivix options trading solution into its in-house technology platform, with a view to expediting its access to pricing data. The deal represents the largest customer deployment to date for the options pricing, risk visualisation and analytics provider, says Jonathan Weedon, CEO of Derivix. Aaron Hantman,…
FRSGlobal Launches New Liquidity Risk Solution for Compliance with UK’s CP 08/22
Risk and regulatory reporting solution vendor FRSGlobal has launched its new Liquidity Risk solution, aimed at enabling financial institutions to meet the requirements proposed by the UK Financial Services Authority’s (FSA) Consultation Paper (CP) 08/22. According to Thomas Brouwer, product manager at the vendor, the combined risk and regulatory platform meets its customers’ demands for…
GoldenSource Joins Derivatives Bandwagon with New Valuations and Risk Management Solution
EDM vendor GoldenSource has taken the plunge and joined the derivatives data management vendor community with a new offering aimed at helping financial institutions value portfolios and manage risk for derivatives products. Neil Edelstein, senior director of product solutions at the vendor, explains that the launch of GoldenSource for Derivatives was based on both a…
Broadridge Signs up with Information Mosaic for Corporate Actions and Extends Agreement with NewRiver for Summary Prospectus Solution
Outsourcing solution vendor Broadridge seems to be undergoing something of a strategic overhaul this month, with the announcement of two new key partnerships in the data management space. The vendor, which had a tough start to the year with net earnings for the first quarter of fiscal 2009 down by 1%, has signed two new…
Bank Sarasin Upgrades to Aim’s Gain Platform with Gain|Avaloq Adapter
Swiss headquartered Bank Sarasin has upgraded its implementation of Aim Software’s data management solution to the Gain Data Management platform combined with an adapter for the Avaloq Banking System. The bank, which has been using Aim Software’s Gain DataDesktop since 2002, hopes the new central data management platform and added functionality will provide enhanced automation…
Siperian Launches New Data Governance Application for its MDM Hub
Master data management (MDM) platform vendor Siperian has launched a new data governance application for its MDM Hub, which it says is aimed at allowing data stewards to more effectively manage and monitor master data. The solution, which it has dubbed Siperian Business Data Director, is web-based and also allows downstream data users to create…
ABA Commends FASB on Progress But Says More Needs to be Done on OTTI
Following a barrage of criticism from market participants, government figures and regulators alike, the Financial Accounting Standards Board (FASB) has finally released a number of proposals concerning mark to market accounting rules. The proposals include allowing firms more leeway in determining if a market is active and whether a transaction is distressed. However, a number…