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Neoxam Expands into Poland With Skarbiec TFI

Polish asset manager Skarbiec TFI has chosen NeoXam’s Density portfolio management solution for its 42 funds and sub-funds. Density will be the backbone solution for the entire asset management group, covering all calculations for the funds, as well as pre and post-trade compliance. Where previously the group had used excel to monitor its funds portfolios,…

Infront Adds Equiduct Apex Market Data to Professional Terminal

Oslo-based European market data vendor Infront is adding data from the Equiduct pan-European trading platform. The vendor will incorporate market data from Equiduct’s Apex on-exchange trading service for retail orders into the Infront Professional Terminal. The Apex service is backed by Equiduct’s pool of liquidity providers and active brokers. The service automatically calculates the best…

Canadian Regional Desjardins Group Taps SmartTrade to Automate FX Work Flows

Canadian regional financial services group Desjardins has selected smartTrade’s LiquidityFX foreign exchange trading platform, as the basis for an end-to-end solution to automate its institutional and retail FX workflows across all divisions of the bank. The implementation is characteristic of growing demand smartTrade says it is facing from regional banks, many of which are ‘greenfield’…

Trading Tech Summit 2020: Optimism for Technology Amid the Continued Regulatory Change

Trading technology professionals can look forward to a year of demanding – and exciting – change, according to speakers and panellists at this week’s A-Team Trading Tech Summit in London. UK- and EU-based firms can expect more regulatory developments – brought about by Brexit, the so-called MiFID II Refit and changes to Market Abuse Regulation…

CJC Launches DACS in the Cloud, Prepares for More Offerings

London-based market data consultancy CJC has launched a cloud-based managed service for Refinitiv’s Data Access Control System (DACS) platform, at the same time confirming a new technology partnership with Google Cloud aimed at supporting CJC’s overall cloud strategy. By making DACS in the cloud a viable proposition, CJC hopes to eradicate entitlement management as an…

US SEC Seeks Fairer Market Data Access, Deeper Data in SIP Feeds

The US Securities and Exchange Commission (SEC) is calling for reforms that would level the playing field for access to market data. In a bid to narrow the differential between those with access to high-cost data feeds that contain a greater depth of information, and other investors in the marketplace, the SEC proposals would subject…

New FX Spot Benchmark Launched by Raidne to Fix Past Challenges

Outsourced trading services specialist Raidne has teamed up with New Change FX to launch a new foreign exchange fixing benchmark aimed at providing an alternative to the WM/Reuters (WMR) benchmark, which has been at the centre of ongoing manipulation allegations. The new Siren benchmark has been designed to reduce the risk of abuse that has…

TRG Screen Strikes Again with Market Data Insights (MDI) Acquisition

In yet another move to bring on board key functionality, spend management specialist TRG Screen has acquired Market Data Insights (MDI), which provides market data expense management on a managed services basis. The acquisition could provide TRG Screen with a robust managed services option as it faces new entrants with strong cloud/SaaS/managed services bent, like…

SteelEye Outlines International Expansion and Product Development Plans Following Series A funding of $10 Million

SteelEye will extend its presence in Europe, evolve its regulatory compliance and data analytics products, and expand its team after raising $10 million of Series A funding in a round led by Eight Roads, the proprietary investment firm backed by Fidelity, and including its existing investor Illuminate Financial. Looking two years out, the company is…

VendEx Addresses Regulatory Compliance with VReg Module

VendEx Solutions continued on its quest to break the mould in the market data inventory systems space with last month’s launch of VReg, a new module that gives consumers of market data an overview of the data suppliers they use to meet their regulatory obligations. The addition is the latest step in the San Francisco…