Reuters has paid $41 million for Application Networks, a risk management software specialist.
Three dealers – ABN Amro, JP Morgan and UBS – have uploaded a sample of historical swaps trading data to SwapsWire in London as part of a pilot project for resolving mismatches.
Users of Misys Summit FT now have a real-time link to the Depository Trust & Clearing Corporation’s Deriv/SERV matching and confirmation service for over-the-counter derivatives. Misys Summit is a cross-asset trade booking and straight-through processing...
Banc of America Securities has started trading on TradeWeb’s electronic government bond trading platform in Europe.
Market technology provider T-Zero has teamed up with San Francisco software company Calypso to provide improved processing of credit derivatives trades
Reuters has boosted its risk management staffing in the Far East with the appointment of John Palmiero as Hong Kong-based head of trade and risk management for Asia. It also released its latest version of Kondor+, a real-time risk and position-keeping...
Tianjin-based China Bohai Bank, set up in February, implemented a new risk management system aimed at facilitating a higher degree of automation in its treasury operations.