Technology
SuperDerivatives signs deals with German and Austrian banks
Technology firm SuperDerivatives has signed up 10 German and Austrian banks, including HypoVereinsbank and Helaba, to its foreign exchange option pricing system.
Trema launches NAV reporting software
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).
RMS releases updated Climetrix weather trading system
Risk Management Solutions (RMS), a California-based provider of products and services for the management of natural hazard risk, today released version 4.0 of its Climetrix weather derivatives trading and risk management system.
SunGard unveils new trading and risk management suite
SunGard Trading and Risk Systems (STRS) will next week unveil the first version of its Adaptiv trading and risk management suite.
French pension fund links up with BarCap
Credit tech
Mark-it picks up stake in Trac-x
technology news
SuperDerivatives launches risk system
SuperDerivatives launched a foreign exchange options risk management system today.
AGF Alternative Asset Management selects RiskData
AGF Alternative Asset Management, the fund of hedge funds arm of French group AGF Asset Management – which is part of Allianz Dresdner Asset Management – has implemented the 'Fofix' risk management system from investment technology firm RiskData.
Philippine National Bank installs Misys’ Opics
The Philippine National Bank (PNB) has installed Misys Wholesale Banking Systems’ treasury, derivatives and capital markets product, Opics. This should reduce risk and increase efficiency as part of improvements to its IT infrastructure.
UBS signs global data deal with Reuters
The investment banking arm of Switzerland’s UBS has signed a global deal with Reuters that will ensure its risk management systems receive market data in real time.
Bank of Israel signs up for SuperDerivatives
The Bank of Israel, Israel’s central bank, has adopted UK-based technology vendor SuperDerivatives' foreign exchange option pricing and analytics system.
Moody’s KMV launches loan mark-to-market tool
Moody’s KMV has launched a new web-based analytics tool that allows loan portfolio managers to value loans called CreditMark.
Tradition widens Credit Access with Moneyline
Swiss inter-dealer broker Tradition is responding to user demand for data on the fast-growing credit derivatives market by distributing its credit derivatives prices over Moneyline Telerate, according to RiskNews ' sister publication Inside Market Data …
Citi launches website for European investors
Citigroup has launched a new website targeted at European retail and institutional investors in warrants and certificates.
HSBC signs up for Norkom risk software
HSBC has bought the Alchemist risk management system from Dublin-based software company Norkom Technologies.
FNX debuts module for structured bonds
FNX is taking its first step towards providing a centralised risk backbone for trading desks, with the release of a module that governs structured bonds and emerging market debt. The module will be offered as an add-on for FNX’s flagship Sierra system.
Dow Jones and SGX sign index deal
Credit tech
Dow Jones, SGX sign index deal
technology news
Credit Suisse signs up for RMDS
Credit Suisse is to upgrade the market data platform of its headquarters in Zurich to the Reuters Market Data System (RMDS).
Bank SinoPac to use Fenics for currency options pricing
One of Taiwan’s largest financial institutions, Bank SinoPac, has bought the Fenics system for pricing and analysing currency options.
CreditVantage launches new probability-of-default software
CreditVantage, a division of Fitch Risk specialising in credit risk software, has launched the CRS Corporate PD Model, a package that calculates the probability of default.
CME buys Liquidity Direct
The Chicago Mercantile Exchange (CME) has acquired Chicago-based Liquidity Direct Technology, a private company that owns a patent-pending system for trading complex options.
Telekurs Financial triples VDF delivery
Swiss market data vendor Telekurs Financial has begun distributing its valor data feed (VDF) three times each day to ensure that the three main global timezones each have access to the most up-to-date data.
SuperDerivatives sees more growth from buy-side sector
SuperDerivatives has sold its currency options pricing system to Coca-Cola Amatil (CCA), an Australian soft-drinks company with operations in six countries in the Asia-Pacific region.