Cowen Group is to acquire Concept Capital, an independent provider of prime brokerage services. Financial terms of the deal have not been disclosed, but Cowen Group expects the acquisition to be accretive to earnings in 2015. The transaction has been approved
Exchange Date International (EDI) is to provide Market and Corporate Actions data to AQMetrics clients through AQMetrics cloud based risk and compliance software. AQMetrics delivers turnkey Pre and Post Trade Monitoring for Reg NMS, OATS and OTS reporting, UCITS Rules
To help overcome the increased reporting burden faced by private equity managers, SEI has developed an automated end-client reporting capability. It comes at a time when global PE firms are having to adapt to regulation in the form of AIFMD
Nomura Research Institute (NRI) has implemented two ASP back-office systems, THE STAR*1 and I-STAR*2, at Nomura Securities (Nomura), the largest securities firm in Japan. As a result, Nomura has successfully discontinued the use of its in-house back-office systems for retail
Five years ago, UCITS funds weren't exactly a prominent blip on the radar screen at Société Générale Prime Services, but over the last two years, excluding managed accounts, they have accounted for approximately 50 per cent of all new funds
Independent execution broker and research provider ITG’s multi-asset platform for global listed and OTC assets, ITG RFQ-hub, has expanded its network of liquidity providers and is extending its footprint in North America. ITG RFQ-hub connects buy-side trading desks and portfolio
Flow Traders, a global technology-enabled liquidity provider that specialises in exchange traded products (ETPs), has listed on Euronext Amsterdam. Flow Traders quotes bid and ask prices, enabling market participants to buy and sell ETPs efficiently and provides liquidity in over
RIMES, a provider of managed data services for the buy-side, has announced a number of new data sources in its portfolio, which were added in the first half of 2015. RIMES has introduced these new sources in response to demand
Digital Realty Trust and GMEX Technologies are to establish multiple global hubs for new product exchanges and trading venues in Digital Realty’s facilities. The first hub will be located in London at Digital Realty’s Chessington data centre. The London trading
Securities and corporate actions reference data provider Exchange Data International (EDI) has added equity analytics data, Worldwide Equity Analytics, to its comprehensive securities data offering. This new service enables clients to identify the sources of risk and returns in their
