Equifax and Castlight Release First Real-time Affordability Platform for Mortgages
- 7 years 11 months ago
- Trading Systems
Equifax, the consumer and business insights expert, has formed a new strategic partnership with Castlight, the leading financial capability company, to launch the first real-time affordability platform to support brokers and their clients with mortgage applications. The system will reduce the time it takes to make a mortgage application to as little as ten minutes.
R3 – the Trade Body for Insolvency Professionals Press Release
- 7 years 11 months ago
- Trading Systems
An overwhelming majority of insolvency and restructuring experts believe the UK’s decision to leave the EU will lead to a rise in corporate insolvencies in the next year, and that the referendum result has already hurt businesses’ finances, according to a survey of its membership by insolvency and restructuring trade body R3. 72% of those surveyed believe the referendum result will cause corporate insolvency numbers to rise by the end of 2017,... more
Option Market Launches at Tehran Stock Exchange
- 7 years 11 months ago
- Trading Systems, Foreign Exchange
Single Stock Option Contracts were introduced for the first time at Tehran Stock Exchange on 18 December 2016. The call option contracts started trading on the above date, and it is expected to shortly develop put option market as well. The existing option contracts are exercised as European options. On the first day of trading, more than 15000 contracts were traded in 270 transactions at the total value of IRR 25 Billion.
Advise Technologies Releases Bank of Israel Derivatives Reporting Module
- 7 years 11 months ago
- Trading Systems, Banking, Data, Audit and Reporting, Market and Reference Data
Advise Technologies, an industry leading provider of regulatory reporting software, is pleased to announce the addition of the Bank of Israel Derivatives Reporting module to the growing regulatory reporting capacity of the Consensus RMS platform.
Factset Research to acquire Vermilion
- 7 years 11 months ago
- Trading Systems, Market and Reference Data, M&A Deals
FactSet Research Systems Inc. (NYSE:FDS) (NASDAQ:FDS), a leading provider of integrated financial information and analytical applications, today announced its results for the first quarter of fiscal 2017.
Three-in-a row for reporting vendor Vermilion at industry awards
- 7 years 11 months ago
- Trading Systems, Buy-Side Back and Middle Office, Data, Data Management, Market and Reference Data
Vermilion Software, the leading supplier of client reporting and communications software, today announces that it has won the client reporting category at the Buy-Side Technology awards for thethird year in a row. Vermilion collected the honour for ‘Best buy-side client reporting platform 2016’ at a gala ceremony held at May Fair Hotel in London, hosted by investment management publishers Incisive Media.
Deutsche Börse selects Tbricks by Itiviti
- 7 years 11 months ago
- Trading Systems
Itiviti, a world-leading technology provider for the capital markets industry, today announced that Deutsche Börse has signed a long-term agreement to use its Tbricks by Itiviti platform. Tbricks by Itiviti is a modern system designed for constant change, combining a high-performance core with flexible, app-based business logic.
Avelacom expands its pan-European 100G fiber network to support demand for low latency data flow
- 7 years 12 months ago
- Trading Systems
Avelacom has completed a new segment of DWDM network, designed to be the lowest latency route between London – Moscow. The project includes deploying 900 km of terrestrial fibre and three new points of presence (PoPs) across Europe: in Amsterdam, Bremen and Helsinki. The backbone is connected to Cinia’s C-Lion cable in the Baltic sea and Avelacom’s fiber network in Russia. The latest update helps to achieve sub-35 millisecond latency (round-trip... more
Markit FRTB Studio performs capital calculations for a million trades in seconds
- 7 years 12 months ago
- Trading Systems
IHS Markit (Nasdaq: INFO), a world leader in critical information, analytics and solutions, today announced that Markit FRTB Studio, an aggregation and capital analytics engine, has processed a portfolio of one million trades in single digit seconds on a European bank’s Hadoop infrastructure as part of a successful proof-of-concept. This high-speed performance enables banks to understand the capital implications of business decisions in near... more
OpenLink Positioned in Leaders Quadrant of 2016 Gartner Magic Quadrant for Trading Platforms
- 7 years 12 months ago
- Trading Systems
OpenLink, the global leader in trading, treasury and risk management solutions for the financial services, corporate, energy and commodities industries, has been positioned as a Leader in Gartner’s November 2016 Magic Quadrant for Trading Platforms for the third consecutive year. Compared to 2015, Gartner’s analysts have placed OpenLink even further along the ‘Completeness of Vision’ axis.
Leading Eastern European bank extends contract with Lombard Risk
- 8 years 18 hours ago
- Derivatives and OTC Derivatives, Banking, Risk Management
Lombard Risk Management plc (LSE: LRM), a leading provider of integrated collateral management and regulatory reporting solutions for the financial services industry, has extended its partnership with one of the largest financial services providers in Central and Eastern Europe, for a further five years.
IHS Markit Enhances Derivatives Netting Synchronization Service with CME Clearing
- 8 years 1 day ago
- Trading Systems, Derivatives and OTC Derivatives
IHS Markit (Nasdaq: INFO), a world leader in critical information, analytics and solutions, today announced it has added CME Clearing to its netting synchronization service from MarkitSERV, the trade processing platform for OTC derivatives. The service provides a single source of electronic messages from multiple clearinghouses to help banks and asset managers update risk management systems when trades are netted or compressed at the... more
Tradeweb U.S. Cash Credit Volume Tops $11.8 Billion in November
- 8 years 1 day ago
- Trading Systems
Tradeweb Markets, a leading global provider of fixed income, derivatives and ETF marketplaces, announced a 371% year-over-year increase in U.S. institutional cash credit volume to more than $11.8 billion in November, following record trading in each of the last two months.
Euler Investments Deploys OptionsCity For Market-Making Software And API Services
- 8 years 5 days ago
- Trading Systems
OptionsCity Software, a global provider of electronic trading solutions for professional futures and options traders, today announced that Euler Investments, a London-based hedge fund, has selected OptionsCity Metro to facilitate their market-making activities as well as CityTrader and City API for futures and options trading. Traders at Euler Investments will leverage Metro in the energy and commodity markets.
ABN AMRO Clearing Receives ‘Proprietary Traders Clearing Firm of the Year - 2016’ award
- 8 years 5 days ago
- Trading Systems
In the 5th FOW international awards held in London, ABN AMRO Clearing was awarded ‘Proprietary Traders Clearing Firm of the Year’ award for the 4th year in a row. The organisers of the FOW awards received votes from more than 90 globally active proprietary trading firms and opinions were canvassed across a range of categories. Clients selected ABN AMRO Clearing for its great service and competitive pricing as well as for its staff’s strong... more