Solutions
Trade Settlement Inc (TSI), a provider of automated loan settlement technology, has launched a new generation primary loan management system which provides fast, efficient, secure and fully-electronic closings for the growing primary loan business.
The LSTA’s statistics currently show corporations routinely borrowing amounts in excess of USD5bn from multiple lenders often to fund acquisitions.
The new dashboard has a 360 view of all allocations across all lenders in the deal. Managers are presented with real-time figures for total closed today, total to date, and total unsettled which can be easily exported to Excel and emailed directly from the platform.
Bank Degroof is the latest client to go live using Interactive Data’s Consolidated Feed via ULLINK’s trading platform.
Demand for greater breadth and depth of market data to power algorithmic and electronic trading applications continues to grow, driven by increasingly diverse strategies as firms look to new asset classes and venues to deliver returns.
Recognising this demand, Interactive Data developed an interface for its Consolidated Feed to ULLINK’s trading platform aiding best execution of orders across multiple venues.
As a result, ULLINK clients can benefit from access to Interactive Data’s extensive global coverage, full market depth and
Traiana, a provider of post-trade solutions, is to launch direct connectivity between Traiana’s Harmony CCP Connect and LCH.Clearnet’s foreign exchange clearing service, ForexClear, for non-deliverable forwards (NDFs) clearing.
Traiana’s Harmony CCP Connect provides a workflow solution via the Harmony network for both interdealer and client clearing, including CCP connectivity, trade routing, affirmation, matching, allocation, and reporting for OTC foreign exchange options and NDFs. Market participants looking to clear foreign exchange trades under the new Dodd-Frank and EMIR regulations can leverage their existing foreign exchange prime broker connectivity together with Harmony CCP Connect’s matching and affirmation capabilities to get direct access
Eurex Clearing has extended the product and service scope of its Lending CCP, Europe’s first central counterparty (CCP) service for the bilateral securities lending market.
Since early June, equities from three additional European countries are accepted and a solution for voluntary corporate actions has been introduced.
Blue chip equities from Belgium, France and the Netherlands are now eligible for the Lending CCP service that already covers equities from Germany and Switzerland and a wide range of international fixed income instruments and exchange-traded funds. A full range of voluntary corporate actions is now included in the service, based on
Abacus Group has launched FlexDrive, a file-hosting service that allows hedge funds and private equity firms to securely share and transfer files with other users and other devices.
FlexDrive provides on-demand cloud storage and sharing as well as instant file synchronisation, giving users access to their files no matter what computer or device they are using.
Hedge fund and private equity fund managers can now easily exchange and collaborate on files via desktop computer, mobile device or tablet. The FlexDrive server is located in the Abacus Group private cloud, where users get all of the inherent benefits of
The international derivatives market Eurex Exchange will introduce the second tranche of derivatives on global MSCI indices on 1 July.
Futures and options based on the MSCI World, MSCI Europe, MSCI AC Asia Pacific ex-Japan and futures on the MSCI Frontier Markets have been available since 11 March. Around 20,000 contracts have been traded in these products since market launch.
Effective 1 July, futures and options will be offered based on the following regional indices: MSCI Emerging Markets, the leading index for this segment, and the regional sub-indices MSCI EM EMEA, MSCI EM Latin America and MSCI EM
Traiana, a provider of post-trade and risk solutions, has expanded Harmony ClientLink’s cross-asset capability to the equities and fixed income markets with a number of brokers.
Harmony ClientLink offers the cross-asset straight through processing (STP) and allocation platform for banks, brokers and buy-side firms. Harmony ClientLink provides executing brokers and prime/clearing brokers with a complete client servicing solution. This will automate allocation, confirmation and matching processes and has more than 1,000 client connections across FX, exchange traded derivatives, equity swaps, cash equities and fixed income.
As more and more buy-side firms are standardizing their processes using protocols such
HedgeMark Risk Analytics has introduced a new risk reporting solution for hedge fund managers designed to meet all current industry requirements as defined by Open Protocol Enabling Risk Aggregation standards (OPERA).
"We have seen increased demand for our risk reporting services, including interest from hedge fund managers who want to capture monthly risk data as it is presented in ‘OPERA’-style reporting,” says Kenneth Phillips, founder and chief executive officer of HedgeMark International. “HedgeMark’s OPERA reporting templates are designed to address those requirements.”
As an affiliate of BNY Mellon, HedgeMark International and HedgeMark Risk Analytics are well positioned to
Accelize and Enyx have launched a fully integrated, FPGA contained trading platform aimed at financial firms looking for high performance trading solutions.
The platform enables unparalleled tick-to-trade latency by integrating every element of the trading flow into a single PCI Express low profile FPGA board that will easily fit into any standard server.
The combined trading platform is based on the Accelize XP5S620LP FPGA network interface card (NIC) running Enyx’s FPGA trading application. It features:
• Real-time market data acquisition over 10Gb Ethernet
• UDP decode and A/B line arbitration inside the FPGA
• Normalisation and book
Eurex Exchange is now operating entirely on Deutsche Börse Group’s global trading architecture.
The fixed income derivatives segment, including highly liquid Euro-Bund, Euro-Bobl and Euro-Schatz futures, was the last to migrate from the previously used system.
The new platform meets the needs of Eurex Exchange participants in terms of enhanced performance, efficiency and capacity, more connection options and improved functionality, while maintaining the high stability and availability that traders are used to. This technology has already been successfully used since April 2011 by the International Securities Exchange (ISE), the US options venue and Eurex Exchange’s partner exchange.
