FactSet Partners Brazilian News and Market Data Vendor Agência Estado

FactSet has struck a strategic partnership with Agência Estado, a real-time news and market data vendor in Brazil. The partnership integrates Agência Estado’s Portuguese-language newswire into FactSet’s workstation to create the Broadcast+ FactSet Workstation, a co-branded solution combining local Brazilian news and content from Agência Estado with FactSet’s data, analytics, and technology services.

CQG Partners with Lime to Offer Trade Execution on US Equities

Trading technology solutions provider CQG has expanded its partnership with technology-driven broker-dealer Lime Trading Corp. CQG’s front-end trading platforms are now integrated and certified into Lime’s back end for trade execution, giving CQG clients the ability to seamlessly access Lime’s low-latency gateways to US exchanges and dark pool venues for equity trading.

CQG clients also gain access to Lime’s execution services, including its liquidity-seeking algorithm, a smart order router that searches for optimal liquidity in a fragmented marketplace.

Broadway Upgrades Duration Trader to Cater for Increased Bond Volatility

Front office solutions vendor Broadway has introduced major upgrades to its Duration Trader algorithm. During an ongoing period of volatile European interest rates, the upgrades provide clients with an enhanced ability to efficiently unwind risk, eliminate inefficient manual hedging processes and reduce market leakage.

By enabling customers to move to an automated hedging process, Duration Trader empowers them to keep pace with rapid market movements, reduce trading costs and minimize information leakage, according to the company.

SmartStream Launches AI-enabled Exceptions Management

SmartStream, the financial Transaction Lifecycle Management solutions provider, has launched SmartStream Air version 7, which uses cloud-native AI technology to control exceptions management by learning from user behaviours.

The AI populates fields automatically, sets labels, and runs automations based on the processes it has learned. In addition, it aims to improve STP rates by providing suggestions to the user or fully automating the exceptions management process.

Capgemini Acquires Capital Markets Post-Trade Consultancy Quorsus

Capgemini has acquired Quorsus, a UK-based firm consultancy firm specialising in post-trade technologies, operations, regulatory solutions, and market infrastructure. The acquisition will allow Capgemini to further support its capital markets clients in addressing not only increasing regulatory requirements, but the need for strategic yet efficient operations across the trading lifecycle.

DBS Deploys Nasdaq Surveillance Technology to Support Market Integrity

DBS, Southeast Asia’s largest bank, announced that it will leverage Nasdaq Trade Surveillance technology to advance its surveillance and market integrity efforts. Nasdaq’s solutions will improve DBS’s ability to analyse market abuse surveillance scenarios and detect trading anomalies across equities and derivatives markets as well as OTC FX markets.

The technology will provide DBS with a consolidated view to manage and monitor market conduct, while enabling DBS’ trade surveillance team to detect, investigate, and document a wide array of market abuse through tailored alerts.

SS&C Partners with Coinbase to Offer Front-to-Back Crypto Management Solution

SS&C Eze has partnered with Coinbase to offer clients access to Coinbase Prime, an institutional platform for digital assets. Through the partnership, traders using Eze Investment Suite can manage their crypto trading processes in one place, from pre-trade compliance to custody.

Coinbase Prime is an institutional platform providing secure custody, smart order routing, data & analytics, trade settlement, and reporting. With the integration, Eze Investment Suite users can access a diverse liquidity pool of digital assets, and gain a holistic view of their crypto investments alongside traditional securities holdings.

IPC Becomes Approved Application Service Provider for SIX Swiss Exchange

Communications and networking solutions vendor IPC has become an approved Application Service Provider (ASP) for SIX Swiss Exchange with Connexus Extranet, the company’s performance-engineered financial extranet for electronic trading, which leverages IPC’s Connexus Cloud to provide connectivity to a global community of capital market participants.

The collaboration between IPC and SIX Swiss Exchange builds on IPC’s global financial ecosystem, which interconnects over 7,000 diverse capital market participants across 750 cities in more than 60 countries.

FlexTrade Integrates Glimpse Markets Pooled Trading Data for Fixed Income

FlexTrade, the multi-asset execution & order management systems vendor, has integrated trading data from Glimpse Markets, a buy-side data sharing platform for bond markets, into FlexFI, FlexTrade’s fixed income EMS.

With the two-way integration, fixed income traders can incorporate and process Glimpse’s aggregated trade data into FlexFI’s Bond Widget. Using FlexFI’s visualisation tools, dynamic sorting can be applied to quickly search and analyse different bonds from the Glimpse data set, to enhance price discovery and deliver a consolidated view of the market for fixed-income trading.

Eventus Deploys Validus at SpiderRock

Trade surveillance and market risk solutions vendor Eventus has deployed its Validus platform at SpiderRock Terchnology Services, an algo execution and risk management technology provider servicing institutional trading firms and agency broker-dealers. The platform is initially being used for the firm’s client activity in futures and options.

SpiderRock cited Eventus’ ability to handle extraordinarily large data sets with scalable capacity as a key factor in the selection of the Validus platform.