Technology
Bloomberg and Cognotec partner on streaming FX rates
Bloomberg is bringing streaming foreign exchange rates to users of its Bloomberg Professional terminals, courtesy of a joint venture with forex vendor Cognotec, the two firms will announce today, reports RiskNews’ sister publication FX Week .
Bear supplies Optima with risk system
Bear Measurerisk, a technology subsidiary of Bear Stearns Asset Management, is to supply Optima Fund Management with risk monitoring and reporting systems.
Meff creates risk tool
Meff, the Spanish derivatives exchange, has developed a software tool that enables users to calculate risk that takes into consideration the worst scenario resulting from a customer or account’s open position plus the combination of live orders, reports…
Bucking the trend
Technology
Simulating Excellence
Technology
The troubleshooter
Technology
Calypso adds Mark-it’s Red
Technology company Calypso has integrated Mark-it Partners’ reference entity database (Red) into its trading systems.
Australian Securities Exchange moving up to OM’s Click XT
The Australian Securities Exchange (ASX) has signed a 10-year agreement to use OM Technology’s Click XT as the integrated trading platform for its equity, derivatives and fixed-income products, reports RiskNews' sister publication, Dealing With…
Reuters and Reveleus team up on ERM product
Reuters and Boston-based financial analytics company Reveleus are launching an enterprise risk management solution designed to reflect risks across the trading and banking book.
DTCC enhances CDS service
Credit tech
Debt initiative launch
technology news
GNI adds to spot platform
UK broker GNI, a division of alternative investment provider Man Group, goes live today with two more currency pairs on its online platform GNI Touch's spot forex trading module, reports RiskNews' sister publication, FX Week .
Orc customers to gain access to Citi’s trading platform
Orc Software, the Stockholm-based technology vendor that supplies systems for market-making, trading and brokerage, has signed an agreement with Citigroup to allow all its existing customers to access the Citibank automated trading platform (Cats-OS)…
DTCC introduces real-time trade-matching service
The New York-based Depository Trust and Clearing Corporation (DTCC) has introduced real-time trade-matching (RTTM) services for corporate and municipal bonds and unit investment trusts (UITs), a move it called a significant step in the industry’s…
Trio plans swaps platform for Europe
European inter-dealer platform vendor MTS, electronics swaps platform provider ATFox and inter-dealer broker HPC have announced that they have reached a strategic agreement to create a new electronic swaps platform for the European market, reports…
CityNet Conversation Checker adds forex options
City Networks has added vanilla currency options to its CityNet Conversation Checker, reports RiskNews’ sister publication, FX Week .
Calypso expands trading software services
San Francisco-based software provider Calypso Technology has enhanced its credit derivatives trading services to manage increased trading volumes and additional instruments.
Icap to add trading functions to i-Swap
Faster-than-expected advances in electronic derivatives trading have forced inter-dealer broker Icap to step up plans to launch its own electronic swaps trading platform.
Algo and Bloomberg release enhanced risk service
Toronto-based Algorithmics and Bloomberg released a new version of Algo Risk, a market and trading risk solution, at Algorithmics' annual user conference being held in Boston, Massachusetts this week.
Rolfe & Nolan sees profits rise following MBO
Rolfe & Nolan (R&N), a UK-based supplier of exchange-traded derivatives software, recorded its best-ever operating profit of £3.03 million ($5.49 million) for fiscal 2004, ended February 29.
Casino launches in warrants market
Credit tech
Wall Street’s new system
technology news
Algorithmics to add administration capabilities to credit risk tool
Toronto-based Algorithmics has created a new credit administration system, aimed at streamlining management of all operational aspects of the process, including credit approval collateralisation.
Top Singapore dealers sign up for SuperDerivatives’ SD-FX
Ten financial institutions in Singapore have signed up to SD-FX, the FX options pricing system of UK-based technology company SuperDerivatives.