Solutions
RSRCHXchange has integrated Substantive Research’s Substantive ResearchMatch Curations into the RSRCHX platform, enabling clients to seamlessly move from research curation to purchasing subscriptions and reports.
The Substantive ResearchMatch Curation service highlights must-read publications by banks and independent providers on a given theme, and hunts for research outside a portfolio manager’s core providers that matches their current needs and preferences. ResearchMatch Curation combines technology and human expertise to curate at an individual portfolio manager level, ensuring there is a match by style and process as well as relevance.
The collaboration will now enable Substantive’s fund management customers to quickly and
Data analytics platform Street Diligence has launched Bank Loan and High Yield Screener, which is designed to provide comprehensive analysis and instant comparability of covenant data.
The platform, the first and only credit focused analytics platform built for buy and sell-side investment professionals, is designed to provide a comprehensive analysis of new and existing credit securities across a wide spectrum of debt structures, including revolvers, first and second lien debt as well as senior and subordinated bonds. Users benefit from access to deal terms during negotiations and streamlined portfolio management and analysis.
The platform breaks down key covenant
TGE (Polish Power Exchange) has launched a new trading system provided by Nasdaq.
Nasdaq has partnered with TGE since 2008. The new technology boosts TGE’s markets performance capabilities and operational flexibility, allowing the exchange to expand future activities, including adding commodity and derivative instruments to its business offering.
The trading platform operated by TGE features comprehensive multi-market model support, a wide range of order type and asset types, market maker support, execution of derivatives market strategies, market data processing and integrated index calculator as well as comprehensive risk management and real-time position keeping and market control and supervision. Nasdaq’s matching
INTL FCStone’s Precious Metals Division’s web-based physical gold trading platform, PMXecute+ has traded nearly 10 tonnes of gold, representing close to USD400 million in value, since its launch in late February 2017.
Barry Canham, global head of the Precious Metals Division, says: “We are proud of the significant trading volumes that we have achieved with PMXecute+ in the short time since its launch earlier this year. I look forward to providing additional updates to the market in terms of our volumes over the coming months.”
The Company’s focus since launch has been to ensure wider liquidity on the platform,
Volumes for North American corporate bonds on International Continental Exchange’s (ICE) Credit Trade electronic trading platform increased to USD5.7 billion of traded notional in the first quarter of 2017, up 52 per cent compared to fourth quarter 2016 notional traded.
Launched in late 2015, the platform has achieved seven consecutive quarters of record notional value of bonds traded. The average trade size executed on the platform now exceeds USD1.1 million for US Investment Grade bonds and USD700,000 for US High Yield bonds.
Based on a unique session-based protocol known as Risk Matching Auctions (RMAs), ICE Credit Trade allows the
Linedata, a global solutions provider dedicated to the investment management and credit industries, and Electra Information Systems (Electra), a provider of state-of-the-art reconciliation solutions for the asset management industry, have integrated Electra Reconciliation and Linedata Mfact, Linedata’s global fund accounting solution.
The creation of a purpose-built interface between Electra Reconciliation and the Linedata platform provides Linedata Mfact users with immediate integration through an adapter created and supported by both Linedata and Electra assuring reliable and continued interoperability.
This integration enables traditional account reconciliation (positions, transactions and cash) and management, historical tracking and non-standard matching, and adds the capability to
IHS Markit is partnering with OpenText, a specialist in Enterprise Information Management (EIM) to allow Counterparty Manager users to use OpenText’s Perceptiv Contract Analysis to automatically digitise and extract key terms from documentation.
Tighter integration of IHS Markit and OpenText solutions will help customers address operational challenges around managing unstructured trading documentation, including Credit Support Annexes (CSAs) and ISDA master trading agreements. The combined solution utilises a sophisticated data model to digitise, organise, and extract data for review, as well as analysis to help address compliance requirements for Uncleared Margin Rules – avoiding the laborious and error-prone process of manually
Cowen, following the closing of its acquisition of Convergex Group (Convergex), has made the strategic decision to discontinue the Millennium ATS midpoint matching offering.
Millennium’s Form ATS has been amended to reflect this change and all subscribers and trading partners have been notified of the pending change. All midpoint matching in the Millennium ATS will end as of 23 June, 2017.
Jeffrey M Solomon (pictured), President of Cowen, says: “Over the past several years, many of our clients have expressed frustration with the amount of fragmentation in US equity markets. Some have also raised concerns regarding conflicts of interest
Agincourt Capital Management has expanded its use of INDATA’s Intelligent Portfolio Management software suite by upgrading to the latest version of the cloud-based software, iPM Epic.
Agincourt Capital Management is an institutional fixed income manager with more than USD6 billion in AUM, based in Richmond, VA.
Agincourt, an INDATA iPM software client since 2012, had been looking for ways to better integrate, view and report on external data sources for use in its portfolio management and trading processes. As an institutional fixed income manager, data requirements are much more intensive than with other asset classes. Agincourt’s transition to Epic was
Colt now provides connectivity to the pan-European exchange Equiduct through its financial extranet Colt PrizmNet, making it easier for firms to meet their best execution requirements under MiFID II.
Colt PrizmNet connects to key equity trading venues as well as other asset classes, simplifying access to multiple venues through a single platform and supporting firms to fulfil their regulatory obligations.
Equiduct is a regulated market segment of the Börse Berlin, and is considered pre-trade transparent and fully MiFID compliant. It provides access to pan-European equity markets, including the Euronext area, UK, Germany, Italy, Nordics, Spain and Switzerland. In
