Technology
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.
SunGard buys WhiteLight Basel II system
SunGard Trading and Risk Systems, a division of US software company SunGard, has bought California-based WhiteLight's system for Basel II compliance from SymphonyRPM. It will rebrand the product the SunGard Basel II Capital Manager.
WestLB goes live with SunGard's Credient
German bank WestLB has gone live with Credient, SunGard Trading & Risk Systems’ credit risk software package.
BarCap adds sterling swaps to online interest rate swaps platform
Barclays Capital (BarCap) has added sterling swaps to its online interest rate swaps platform, Barx.
Mark-It buys Loan-X
technology news
Fimat's UK branch first to adopt Belzberg-CBOE system
Broker Fimat’s UK trading arm is the first European customer for the Hybrid Trading System (HyTS), a joint offering from Belzberg Technologies and the Chicago Board Options Exchange (CBOE), reports Risk's sister publication Trading Technology Week .
Rabobank upgrades software for Basel II compliance
Dutch bank Rabobank has purchased risk management software from Ubitrade-Fermat to assist in its Basel II compliance.
SGX signs up for OM trading system
The Singapore Exchange (SGX) has selected OM to provide it with a new integrated trading engine.
SAS extends risk software portfolio
North Carolina-based software provider SAS has extended its range of risk management systems by acquiring technology vendor RiskAdvisory. The Canada-based software company specialises in providing risk software to energy and utility companies.
WSS updates hedge accounting software
Wall Street Systems (WSS), the global treasury and capital management system provider, has launched a new module for its treasury engine to incorporate the most recent worldwide hedge accounting requirements. The new ‘hedge compliance module’ replaces…
SunGard MDS buys Fame
SunGard Market Data Services (MDS) has signed an agreement to acquire historical data and data management software vendor Fame Information Services.
Bouncing back
New frontiers
Kamakura upgrades credit default prediction software
Hawaii-based risk technology vendor Kamakura has upgraded its default probability calculation software. The company said version 3.0 of its Jarrow-Chava default probability KDP-jc is an improvement on previous models that tended to overestimate the…