Technology
Summit releases upgrade to STP suite
Summit Systems, a risk systems and technology vendor headquartered in New York, has released version 3.4 of its Summit straight-through processing modular front- to back-office product suite.
Bearing fruit
Introduction
Bank One updates technology to boost derivatives
Bank One is hoping to expand its global interest rate derivatives trading business by replacing decade-old customised trading software with new off-the-shelf technology.
The power to survive
Energy trading technology
A moving target
Op risk systems
Twist and doubts
Trading standards
Knitting together bank risks
Enterprise-wide risk management
A reality at last
CLS Bank
Arrogance and aftershocks
Software consolidation
Synergy snaps up Cor Risk solution for investment strategy management
Toronto-based Synergy Asset Management (Synergy) has implemented a risk portfolio management tool from London-based software analytics Cor Risk Solutions. Synergy said it has licensed Bita Research and Bits Risk Modeller to support its investment…
FT Interactive Data adds CreditGrades to BondEdge
FT Interactive Data, a provider of securities prices and analytical software, has combined credit risk measurement tools from software provider RiskMetrics to its flagship fixed-income portfolio analysis tool, BondEdge.
Bear Stearns implements new back-office derivatives system
London-based derivatives technology company Rolfe & Nolan has implemented new reconciliation and task management systems for futures and options processing at investment bank Bear Stearns.
Electronic trading development remains stable, says BMA
A new survey by the New York-based Bond Market Association (BMA) has found 81 electronic trading systems currently operating in the US and Europe versus 79 last year, indicating some stability in the e-trading arena.
Rolfe & Nolan receives bid approach
Rolfe & Nolan, the London-based derivatives technology company, has confirmed that it has received a bid approach. Credit Lyonnais is acting on behalf of the vendor.
GFI and Lombard launch credit derivatives mark-to-market partnership
Inter-dealer broker GFI said today it has formed a new credit derivatives pricing alliance with Lombard Risk Systems, a London-based risk management technology company.
Astin selects Reech for hedge fund risk monitoring
Astin Capital Management, an independent UK hedge fund manager, has selected London-based financial software provider Reech Capital to provide its risk monitoring service.
Prebon builds bridge to SwapsWire
Institutional broker Prebon Yamane is going live this week with a system, developed in-house, that allows traders to have direct links to the SwapsWire online platform, according to officials at the firm, based in London. Swapswire, owned by a consortium…
Simplex Technology adds credit derivatives module
Japanese financial software firm Simplex Technology plans to introduce credit derivatives capabilities to spDeriv, its interest rate and foreign exchange derivatives trading platform, according to Mitsuru Igarashi, senior managing director at the company…
Hungarian utility selects KWI for trading and risk management
MVM, one of Hungary's largest electricity wholesalers, has signed up to use KW3000, the energy trading and risk management system developed by London-based energy risk management software company KWI.
BBH upgrades web platform for investors
US custodian Brown Brothers Harriman (BBH) went live with the upgrade of its web-based currency trading service FX WorldView last week, Brenda Kerins, head of FX e-commerce at BBH in New York told RiskNews' sister publication FX Week .
Abbey National signs up to Datasynapse's LiveCluster service
Abbey National Treasury Services has signed up for LiveCluster, a computer infrastructure software product developed by New York-based trading technology vendor DataSynapse. The UK bank will use the software to enhance the computation of its capital…
Riskmetrics aims for hedge funds
Peter Davies, recently appointed vice-chairman of New York-based risk management vendor Riskmetrics, has said the alternative investment industry - specifically hedge funds and funds of funds - is an area of focus for the company.
Deutsche to roll out electronic bond platform in Thailand
Deutsche Bank’s global markets business unit plans to roll out its eCommerce bond and credit note trading platform in Thailand by the end of the month. Called ‘Autobahn’, the platform will trade Thai government bonds via Bloomberg terminals. The move…
IDC acquires Meridien Research
IDC, the technology and e-business research subsidiary of IDG, the Boston-based technology media and conferences company, has acquired Meridien Research, a Massachusetts-based firm specialising in risk and trading technology, customer relationship…