The International Securities Exchange (ISE) has enhanced its OM Click Trade front end so that it can route members’ orders to any U.S options exchange, reports Risknews’ sister publication Trading Technology Week .
French technology company Trema has launched NAV Monitor, software developed for the investment management industry for real-time calculation and reporting of net asset value (NAV).
When international banking supervisors met in Basel, Switzerland in 1999 to propose a new framework for capital adequacy, they set in motion the biggest shake-up of the decade as to how banks measure risk and allocate capital. The new proposals, called...
Spending on operational risk management software looks set to grow in 2004 compared with last year, but will not reach its peak for another year or two.
The future OMSs will include a stronger fixed income role and maybe even middle- and back-office functions like confirmations and allocations.