Technology
Reuters signs two Gulf clients for risk management tool
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.
CreditTrade implements straight-through processing
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…
Markit launches portfolio valuation service
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.
SunGard to offer UBS algorithmic trading
Software provider SunGard will offer its customers access to Swiss delaer UBS' algorithmic trading product from today.
Reuters adds China data
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.
Xinhua Finance to acquire risk management firm
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 launches RiskCalc Germany
Moody's KMV has launched a new German version of its RiskCalc credit assessment software.