Technology
Risk technology market fall-out expected, survey finds
The UK trading and risk management technology sector appears to have reached over-saturation, with a number of vendor companies expected to disappear over the coming two years, according to a technology survey published by Kimsey Consulting.
Greenwich launches online FX service to retail customers
Greenwich Europe, the London-based derivatives house, has set up a 24-hour online FX broking service for retail clients around the world, Simon Palmer, the firm’s new head of FX, told RiskNews ' sister publication FX Week .
Standard Bank Asia signs up Spectrum
Standard Bank Asia is to use Pennsylvania-based foreign exchange and interest rate risk management software provider Financial Software Systems’ Spectrum Treasury System in its Hong Kong trading centre to manage money market instruments, interest rate…
FCTM signs up for Summit risk management software
First Chicago Tokio Marine Financial Products, a joint venture between Bank One of the US and Japan's Tokio Marine and Fire Insurance, has signed up to use New York-based risk management systems provider Summit Systems’ front-to-back modular software…
Borealis signs up to Tempest XL risk management system
Borealis Group, the Danish chemical producer, is to use the Tempest XL trading and risk management system developed by technology and systems provider Triple Point Technology.
SunGard snaps up UK’s Monis
US trading and risk technology supplier SunGard has acquired Monis, the derivatives software company, in a move designed to combine the former’s straight-through processing (STP) expertise with the latter’s pricing systems. The move is part of an ongoing…
Currenex and RCP launch buy-side interface
Global online currency exchange Currenex and UK-based straight-through processing (STP) specialist RCP Consultants have developed an interface that offers immediate connectivity between Currenex’s FX trading system and many treasury and portfolio…
Kiodex focuses on accounting transparency for corporations
Kiodex, the New York-based provider of Web-based energy risk management services, has launched an accounting tools module on its Risk Workbench platform, an online business process outsourcing resource.
Bank of Ireland opts for Integral STP over client e-trading
Bank of Ireland has taken Integral’s AutoDealer product to aid straight-through processing, the Californian software firm said earlier this week. But, said an official at Bank of Ireland in Dublin, the bank has no immediate plans to use the system to…
Bank race for CLS clients
The world’s top FX banks are racing against time – and each other – to sign up a potential 2,000 third-party banks and institutions as clients for a new forex settlement system, Continuous Linked Settlement (CLS).
Summit and CoVision link up for hedge fund trading platform
New York-based transaction processing technology company, Summit Systems, has teamed up with another New York company – investment management firm CoVision Capital Group – to create an investment trading platform specifically geared to hedge funds.
Barclays opts for SunGard’s BancWare
Barclays Bank has implemented SunGard Trading and Risk Systems' BancWare product for its financial risk management activities across the UK, France and Spain.
Flaws, flaws and more flaws
FAS 133 software
A changing operational landscape
Corporate actions
ASPs: new hope or false promise?
Risk analytics
Why outsourcing is in
Back office
Corporate software challenge
Enterprise-wide risk
Brokers break the mould
Market access systems
Making the right technology decisions
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In the mind of a trader
Use of psychological techniques and behavioural studies is an essential part of designing aircraft cockpits. The same principles are now being applied to energy trading screens, as James Ockenden discovers
Icap faces SEC scrutiny over Blackbird role
UK inter-dealer broker Icap could face a raft of regulatory probes due to accusations that it bought a minority stake in US electronic brokerage Blackbird to stifle potential competition to its own voice-brokered business.
UK says op risk paper will prepare firms for Basel II
London – Financial firms complying with the operational risk policy outlined today by UK financial regulators should be well prepared for the systems and controls needed under the Basel II bank accord and parallel European Union (EU) rules.
Reech and Beauchamp launch integrated hedge fund solution
Reech Capital, the London-based supplier of risk management services, has teamed up with software provider Beauchamp Financial Technology (BFT) to offer its RiskHedge risk management engine through BFT's software platform.
FXall customises e-FX trading site for Nestlé
Multi-bank FX trading portal FXall has created a customised trading and information Web platform for the world’s biggest food company, Switzerland's Nestlé.