Solutions
Transaction Networks Services (TNS) is adding Eurex and Xetra to its financial community via a new agreement which will help Deutsche Boerse expand the reach of its key European markets.
TNS, which provides access to more than 300 market feeds from over 55 stock exchanges and electronic connectivity networks, has a 2,100 endpoint strong financial extranet. Its connectivity, managed hosting and co-location services are used by over 700 financial institutions globally who will now be able to quickly establish new connections with Eurex and Xetra.
Oliver Grohmann, Head of Market Readiness (for Trading, Clearing and Cash Market) at Deutsche
Exchange Data International (EDI), a London-based financial data provider of securities reference data, corporate actions data and listed closing price data has expanded its Worldwide Evaluated Bond Pricing Coverage to include 2.5 million global fixed income securities.
This expansion allows EDI to provide clients with a daily source of independent prices for valuations, portfolio analytics, best execution reporting, and risk management calculations. As with many EDI products, there are fewer restrictions on data redistribution and competitive pricing. Clients will not be required to expunge the data should they decide to cancel, breaking with traditional data providers who often place egregious
A string of high-profile ransomware attacks in recent years, led by the WannaCry attack in May 2017, has led to a growing awareness among the business community on the importance of proper patch management.
Just as your iPhone regularly alerts us to a new system upgrade, so computer networks must update their software to address vulnerabilities, which left unattended could lead to a serious cyber breach.
The importance of patch management was highlighted in a recent webinar featuring Scott Reardon, Director of Global Technical Services at Eze Castle Integration.
Beyond simply complying with expectations, patch management is an essential
Smith & Williamson Fund Administration (SWFAL) has successfully implemented the automated end-to-end straight through processing (STP) CREST settlement interface into its Babel messaging platform.
Smith & Williamson is the first Bravura client to go live with this module, which provides a new facility for integrated electronic settlement and account reconciliation for transactions received both via STP and manually.
The solution allows Smith & Williamson, as a fund administrator, to perform both the CREST Participant and Registrar roles within the CREST platform, allowing them to monitor efficiently and manage complete order lifecycles from initiation and pricing through to final settlement.
Coronation Fund Managers, one of the largest independent fund managers in South Africa, has gone live with SmartStream Technologies’ Transaction Lifecycle Management (TLM) Corporate Actions OnDemand – automating the complete corporate actions life cycle.
Llewellyn Smith, COO at Coronation, says: “We continue to make investments in our business, specifically in technology that enhances our clients’ service experience, and which allows us to achieve greater operational efficiencies. Through SmartStream’s tailored solution, we achieve automation of our corporate actions operational processes. Given that this project ran in parallel with a number of strategic initiatives, its successful implementation was essential. We value SmartStream’s
Regulatory technology firm Kaizen Reporting is launching a training service led by the company’s new Senior Regulatory Reporting Specialist, David Nowell. The training will initially focus on MiFIR transaction reporting before expanding to include EMIR trade reporting and the upcoming Securities Financing Transaction Regulation (SFTR).
A former regulator, Nowell has 30 years’ financial services experience. Having previously worked as a transaction reporting technical specialist at the UK FSA, as head of transaction reporting for a tier-1 investment firm and head of compliance for an Approved Reporting Mechanism and Trade Repository, David has a thorough understanding of both the importance and
A London-based company has unveiled a new web-based marketing compliance tool that it says is aiming to transform marketing compliance for the alternative investment fund management (AIFM) industry.
Sales Road Maps Online (SRMO) provides AIFMs with key marketing compliance “rules of the road” for 50 jurisdictions when AIFMs are fundraising worldwide.
SRMO Founder & CEO Cathy Brand says: “We have had so many clients over the years asking us to develop this product. By way of background, all AIFMs must comply with local rules (which differ country-by-country) on marketing their AIFs. To investigate numerous, complex country regulations is a time-consuming
NewCity Digital Limited, in partnership with Forbes Media, NewCity Capital and trade.io, has launched Forbes CryptoMarkets, a new data-driven portal that offers comprehensive tracking of cryptocurrencies worldwide that licenses the Forbes brand name.
Forbes CryptoMarkets, which has gone live in beta form, features real-time pricing and volume information on several thousand cryptocurrencies and an initial five cryptocurrency indices worldwide.
The comprehensive site also provides: insights and information on worldwide exchanges such as listed cryptocurrencies, trading pairs, pricing and volumes; a real-time newsfeed aggregating content from leading news organisations and companies, including content from Forbes’ family of sites worldwide; indices tracking
Online trading and multi-asset specialist Saxo Bank is to offer CFD Options on a range of option roots, covering puts and calls on 15 of the world’s largest stock indices.
CFD Options are OTC instruments based on Exchange Traded Index Options. They can help diversify a portfolio, as not only do they enable clients to take a position, they can be used for portfolio hedging purposes too.
Magnus Sundby (pictured), Product Manager – CFD & Equities, says: “This new product range will lower the entry barrier for clients looking to trade options, as CFD options reduce the cost of
Fixed income traders using Refinitiv’s flagship financial desktop product Eikon now have greater choice and efficiency, and enhanced liquidity access with the integration of iQbonds from valantic Trading Solutions AG (valantic).
iQbonds can be seamlessly integrated into a trader’s workflow using the Refinitiv Side by Side Integration API, enabling traders to make fast, efficient, and informed decisions. When Eikon Apps from iQBonds is opened, iQbonds displays list of bonds to trade, and a user can click on one bond to get the Bond Description from Eikon (Eikon Bond view). Refinitiv is formerly the Financial and Risk business of Thomson Reuters.
iQbonds
