Technology
Philippine National Bank installs Misys’ Opics
The Philippine National Bank (PNB) has installed Misys Wholesale Banking Systems’ treasury, derivatives and capital markets product, Opics. This should reduce risk and increase efficiency as part of improvements to its IT infrastructure.
UBS signs global data deal with Reuters
The investment banking arm of Switzerland’s UBS has signed a global deal with Reuters that will ensure its risk management systems receive market data in real time.
Bank of Israel signs up for SuperDerivatives
The Bank of Israel, Israel’s central bank, has adopted UK-based technology vendor SuperDerivatives' foreign exchange option pricing and analytics system.
Moody’s KMV launches loan mark-to-market tool
Moody’s KMV has launched a new web-based analytics tool that allows loan portfolio managers to value loans called CreditMark.
Tradition widens Credit Access with Moneyline
Swiss inter-dealer broker Tradition is responding to user demand for data on the fast-growing credit derivatives market by distributing its credit derivatives prices over Moneyline Telerate, according to RiskNews ' sister publication Inside Market Data …
Citi launches website for European investors
Citigroup has launched a new website targeted at European retail and institutional investors in warrants and certificates.
HSBC signs up for Norkom risk software
HSBC has bought the Alchemist risk management system from Dublin-based software company Norkom Technologies.
FNX debuts module for structured bonds
FNX is taking its first step towards providing a centralised risk backbone for trading desks, with the release of a module that governs structured bonds and emerging market debt. The module will be offered as an add-on for FNX’s flagship Sierra system.
Dow Jones and SGX sign index deal
Credit tech
Dow Jones, SGX sign index deal
technology news
Credit Suisse signs up for RMDS
Credit Suisse is to upgrade the market data platform of its headquarters in Zurich to the Reuters Market Data System (RMDS).
Bank SinoPac to use Fenics for currency options pricing
One of Taiwan’s largest financial institutions, Bank SinoPac, has bought the Fenics system for pricing and analysing currency options.
CreditVantage launches new probability-of-default software
CreditVantage, a division of Fitch Risk specialising in credit risk software, has launched the CRS Corporate PD Model, a package that calculates the probability of default.
CME buys Liquidity Direct
The Chicago Mercantile Exchange (CME) has acquired Chicago-based Liquidity Direct Technology, a private company that owns a patent-pending system for trading complex options.
Telekurs Financial triples VDF delivery
Swiss market data vendor Telekurs Financial has begun distributing its valor data feed (VDF) three times each day to ensure that the three main global timezones each have access to the most up-to-date data.
SuperDerivatives sees more growth from buy-side sector
SuperDerivatives has sold its currency options pricing system to Coca-Cola Amatil (CCA), an Australian soft-drinks company with operations in six countries in the Asia-Pacific region.
SunGard buys WhiteLight Basel II system
SunGard Trading and Risk Systems, a division of US software company SunGard, has bought California-based WhiteLight's system for Basel II compliance from SymphonyRPM. It will rebrand the product the SunGard Basel II Capital Manager.
WestLB goes live with SunGard's Credient
German bank WestLB has gone live with Credient, SunGard Trading & Risk Systems’ credit risk software package.
BarCap adds sterling swaps to online interest rate swaps platform
Barclays Capital (BarCap) has added sterling swaps to its online interest rate swaps platform, Barx.
Mark-It buys Loan-X
technology news
Fimat's UK branch first to adopt Belzberg-CBOE system
Broker Fimat’s UK trading arm is the first European customer for the Hybrid Trading System (HyTS), a joint offering from Belzberg Technologies and the Chicago Board Options Exchange (CBOE), reports Risk's sister publication Trading Technology Week .
Rabobank upgrades software for Basel II compliance
Dutch bank Rabobank has purchased risk management software from Ubitrade-Fermat to assist in its Basel II compliance.
SGX signs up for OM trading system
The Singapore Exchange (SGX) has selected OM to provide it with a new integrated trading engine.
SAS extends risk software portfolio
North Carolina-based software provider SAS has extended its range of risk management systems by acquiring technology vendor RiskAdvisory. The Canada-based software company specialises in providing risk software to energy and utility companies.