Itiviti, a provider of multi-asset trading technology and financial infrastructure, has partnered with Brazilian risk management provider LOTE45 to provide asset managers with a new execution platform, with full regulatory framework verification. The platform combines Itiviti’s NYFIX independent trading hub
Boston-based Patterns and Predictions, which offers data-mining tools based on its Bayesian statistics engine and proprietary algorithms in statistical pattern recognition systems, has unv
GMEX Technologies has launched Global Reporting Company Limited (GRC) in partnership with Paris based regulatory and market infrastructure advisory firm CoDiese. GRC offers firms an end-to-end solution to address regulatory trade reporting requirements imposed by G20-led reforms to the derivatives
Ledgex Systems, a provider of portfolio management solutions for fund of funds and multi-fund managers, has released the next generation of the Ledgex portfolio management platform. Ledgex’s integrated suite delivers new liquidity management and manager research modules that give firms
State Street has acquired BestX, a global market-leading provider of Transaction Cost Analytics (TCA) to support ‘Best Execution’ in OTC markets founded in 2016 by Aman Thind, Pete Eggleston and Oliver Jerome. BestX’s industry leading technology provides state-of-the-art pre-trade and
The introduction of new legislation in Jersey that enables the establishment of Limited Liability Companies (LLCs) has the potential to significantly enhance pan-Atlantic business with the US, according to Jersey Finance. The Draft Limited Liability Companies (Jersey) Law was approved
By James Williams – Given that around 90% of the hedge fund industry is dominated by smaller managers running between USD100milllion and USD1.5billion in AuM it is perhaps little surprise that smaller, boutique prime brokerage firms are holding their own
Verady, a specialist in accounting and audit technology for cryptocurrency markets, has joined the Wall Street Blockchain Alliance (WSBA) as a corporate member. WSBA is a non-profit trade association with a mission to guide and promote comprehensive adoption of blockchain
INTL FCStone’s Chicago-based subsidiary, INTL FCStone Markets has expanded its OTC interest rates swap dealing capabilities to include cap and floor options on the London Interbank Offered Rate (LIBOR) with tenors out to 10 years. The launch of these new products
French bank Societe Generale announced in early November that it was buying the 50 per cent stake held by Credit Agricole in leading derivatives broker Newedge and in doing so assume full control. Subject to regulatory approval the deal is
