Reuters has signed two deals in Dubai and Qatar for the use of its risk management platform, Kondor. The Department of Finance (DoF) in Dubai and the Commercial Bank of Qatar (CBQ) have purchased the trade and risk management product suite.
London-based inter-dealer broker CreditTrade has adopted straight-through processing by teaming up with London-based technology firm T-Zero. Within the next few weeks, banks will be able to streamline the processing and confirmation of credit derivatives...
London-based data services provider Markit has launched a global portfolio valuation service, which will provide post-trade calculations of gross asset values of securities, alongside vanilla and exotic over-the-counter derivatives.
Software provider SunGard will offer its customers access to Swiss delaer UBS' algorithmic trading product from today.
Reuters has added research reports along with fundamental and business intelligence data related to 1,400 listed companies in China to its research and asset-management content service.
Chinese financial information provider Xinhua Finance is looking to acquire Beijing Alpha Financial Engineering, a leading risk management systems developer in China, by acquiring all the company's shares from its two equity holders.
Moody's KMV has launched a new German version of its RiskCalc credit assessment software.
New Jersey-based Thomson TradeWeb has signed an agreement with UK electronic confirmation service SwapsWire that it hopes will speed up deal processing and cut risk for its customers.