Technology
Bloomberg and six banks in IR trading joint venture
Six international banks and financial information provider Bloomberg have launched a joint venture company to operate an online interest rate derivative trading platform.
CalPERS picks AlphaEngine for currency group
CalPERS, the largest pension fund in the US, has picked Mcube's AlphaEngine software to support its currency investment team.
Mizuho signs up with Kamakura for default and correlations data
Mizuho Financial Group has signed up to Kamakura’s risk information services, the Honolulu-based software company has confirmed, as the Japanese financial behemoth seeks to strengthen its lending activities following years of write-offs.
Algorithmics and Citigroup in credit risk partnership
Algorithmics, a Toronto-based specialist in enterprise risk management, has entered into a strategic alliance with global banking giant Citigroup to deliver a global suite of credit risk models. The models will provide credit risk and default analytics…
Dealers boost online emerging market forex options services
Bank of America and Citigroup are among the latest in a series of banks building up online capabilities for emerging market currency options, as the market for the products continues to expand.
BGC to launch hybrid dollar repo trading platform
Interdealer broker BGC of the United States plans to go live with a combined voice and electronic US dollar repurchase agreement (repo) trading platform early next year.
Start-up Northcross Capital sees Denarius as key to growth
New London-based hedge funds Northcross Capital has launched Anvil’s Denarius software platform as its cross-product front-office trade capture, liquidity monitoring and risk management system.
RBC in global switch to Risque system
Royal Bank of Canada (RBC) plans to run Sophis’ Risque cross-asset risk management software across its global capital markets businesses, as it seeks to minimise exposure to operational risk, RiskNews can reveal.
Coping with complexity
Technology: Technology rankings 2005
Technology
Technology: Introduction
Software Survey 2005
Technology
The bleeding edge
Technology: Credit derivatives