Technology
Researching the insurance market
'Popularity be damned' says Boston Partners
Sowing the seeds for future growth
First time hedge fund managers face a wide range of financing choices from seed capital providers and incubator programmes to conventional investors who want to negotiate terms. What are the differences between them and what are the pros and cons? Hedge…
Shipping derivatives steer the market
Andy James from Enron Europe highlights why investment managers should view shipping as a trading tool.
Algo to offer Basel II-compliant credit risk solution
Algorithmics, the Toronto-based risk management technology firm, says it is working with its clients to include a credit solution in its suite of products which meets the specific data architecture, data modelling and technology requirements required…
Cognotec selects Radianz to expand customer base
Cognotec, the Dublin-based foreign exchange and money-market trading solutions provider, has signed a three-year contract with US financial services e-network supplier Radianz. The multi-million dollar contract connects Cognotec to RadianzNet extranet –…
Rolfe & Nolan and TruExchange in partnership for STP
Rolfe & Nolan Systems, the UK-based supplier of derivatives technology solutions, and TruExchange, a Massachusetts-based vendor of trading and matching engines for electronic exchanges and derivatives markets, have entered a partnership to provide a…
Asian bond platform goes live
BondsInAsia (BIA), a group formed through the collaboration of BNP Paribas, Citigroup, Credit Suisse First Boston, Deutsche Bank, HSBC and Reuters, has started live trading on its electronic trading platform for Asian fixed-income securities, BIA Trading…
BNP Paribas extends derivatives back-end system
French banking group BNP Paribas is extending its Ubitrade Futures and Options back-end system to manage all its global custody and stock-broking activities. This is part of an ongoing process to restructure its futures and options business following the…
Prime brokerage on Currenex by close of year
Currenex, the online global currency exchange, will make available prime brokerage services to members of its FXtrades forex platform by the close of 2001, according to Lori Mirek, the firm’s New York-based president and chief executive officer.
JP Morgan joins ISE via Actant
JP Morgan, the investment banking arm of JP Morgan Chase, has joined the International Securities Exchange (ISE) as a competing market maker, using the Actant Aqtor front-end platform for trade execution and risk strategies. JP Morgan will use Aqtor for…
Swissrisk to offer portfolio risk management via PDAs
Swissrisk, a provider of internet-based interactive and integrated risk and portfolio management tools, has teamed up with IBM to provide access to sophisticated risk and portfolio management tools over mobile phones and personal digital assistants (PDAs…
OpenLink establishes Berlin office
OpenLink, a US-based financial and energy trading risk management solution provider, plans to set up an office in Berlin, in order to consolidate its eastern European client base and better serve central European clients.
KWI and Sapient team to offer energy risk management
London-based energy trading and risk management systems provider KWI has teamed with technology consulting firm Sapient to jointly market their products to the energy industry.
Eastman Chemical signs to Kiodex Workbench
Eastman Chemical Company of the US plans to install new technology from Web-based risk management solutions for the commodity markets, Kiodex, to manage earnings exposure to energy price risk.
GL Trade connects to Onexchange
GL Trade, a provider of exchange connectivity, is to connect its front-end trading platform to electronic market-place provider Onexchange to allow its clients to create and clear over-the-counter and exchange-traded derivatives instruments in real time.
SunGard creates real-time credit risk analytics
SunGard Trading and Risk Solutions, a unit of US technology provider SunGard, has built a new credit tool that can offer traders access to virtually real-time risk exposures.
Rolfe & Nolan releases CCP server despite Eurex delays
Rolfe & Nolan, the UK back-office software provider, has released a clearing counterparty (CCP) server for exchanges and clearers. The release comes despite the server’s new functionality for Eurex Clearing’s Equity CCP being likely to remain idle due to…
Deutsche enhances online risk system
Deutsche Bank has added two major components to its DBIQ online analysis system that will allow analysis of structural risks and present value-at-risk (VAR) analysis through full Monte Carlo simulation. The DBIQ portfolio system and DBIQ risk system…
RMS launches new daily model for Climetrix
Risk Management Solutions (RMS), the California-based provider of products and services for the management of natural hazard risks, has released an advanced daily temperature simulation model that offers a new capability for valuing weather derivatives…
IFS calls in receivers, seeks buyer
FX trading technology firm IFS has gone into receivership following an unproductive takeover of Dene International and a drop in sales of its flagship product, a spokesperson for the firm said.
West LB commodities desk signs up with OpenLink
The global financial markets unit at Germany's West LB is to use New York-based OpenLink's Endur trading, risk management and transaction processing system for its energy and precious metals trading desk in London.
Fidelity forex unit adopts FNX’s Sierra
Fidelity forex, a unit of Fidelity Capital Markets that provides foreign exchange (FX) pricing to institutional investors, has implemented the Sierra Treasury System developed by FNX, a provider of straight-through processing solutions to the global…