(Editor’s Note: Financial services firms that were sitting on the fence about cloud computing are changing their minds as they look to the post-pandemic world. So says Julian Trostinsky, vice president, strategy and solutions engineering at Duco Technology, which offers cloud-based, data and post-trade reconciliation systems. Trostinsky has more than two decades of experience helping… Read More >>
Cloud Computing Helps Firms Control Costs: Q&A
(For the 2019 FTF News Technology Innovation Awards, Murex won for Software Solution of the Year and Best Cloud Computing Solution. Murex describes itself as a provider of integrated trading, risk management, processing and post-trade solutions, available via the MX.3 third-generation platform. For this Q&A, the focus is on cloud computing and Arnaud de Chavagnac,… Read More >>
Deutsche Bank Sends Collateral Management to the Cloud
In what appears to be a first for a Tier 1 bank, Deutsche Bank is moving its management of margin calls with counterparties to a public cloud-based service as part of an effort to cut costs and operational risk while simplifying a key process. The German banking giant will be revamping this “critical piece of… Read More >>
SuMi Trust USA to Use DTCC’s GC Direct
First Japanese Custodian Bank Signs Up for Alert Service Sumitomo Mitsui Trust Bank is the first Japanese global custodian firm to use the Alert Global Custodian Direct (GC Direct) service to provide standing settlement instruction (SSI) data to its clients, report officials of the DTCC, a major post-trade services and systems provider. The agreement enables… Read More >>
Jackson National Asset Management Embraces Hosted Repository
Jackson National Asset Management (JNAM) has successfully migrated to a hosted data management platform from vendor GoldenSource that JNAM hopes will help it meet a rising tide of regulatory requirements such as the looming Form N-PORT and N-CEN filings with the SEC. Officials at JNAM, a wholly owned subsidiary of Jackson National Life Insurance Co.,… Read More >>
Thomson Reuters Supports Finastra Innovation Platform
Finastra Reaches Out to FinTech Newcomers Finastra is adding Efficiency MC, Conpend and BankBI to its FusionFabric.cloud open architecture, officials announced at the company’s recent regional thought leadership event, Finastra Universe Paris. The vendor, formed from the combination of Misys and D&H, also announced that Thomson Reuters is joining Finastra’s circle as a data… Read More >>
BlackRock Builds Aladdin Web App for Investor Research
(Editor’s note: A while back the data science division of BlackRock, which has assets under management (AUM) of $5.7 trillion as of June 30, 2017, was looking for a way to provide more dynamic access to resources, including the widely used Aladdin platform, a.k.a. Asset Liability and Debt and Derivatives Investment Network. Aladdin offers investment… Read More >>
Partnership Brings Research on Asian Markets to Nyfix
Smartkarma Teams with ULLINK for Nyfix Smartkarma, a research vendor, and ULLINK, an electronic trading and connectivity solutions provider, are jointly unveiling the Smartkarma research platform via the Nyfix Portal, which targets Nyfix buy-side members looking for research on Asian markets. The effort is a response to the growing need for transparent pricing and unconflicted… Read More >>
Nasdaq to Buy eVestment for $705 Million
eVestment to Join Nasdaq’s Global Information Services Group The Nasdaq Stock Market is moving to acquire vendor eVestment, a content and analytics provider, in a bid by the exchanges company to “deliver attractive shareholder returns” via a company whose client base includes asset managers, investment consultants and asset owners, officials report. Nasdaq will pay $705… Read More >>
FTF Awards Q&A: NRI Expands Into North America
(Editor’s note: Nomura Research Institute (NRI) won two honors in the 2017 FTF News Technology Innovation Awards competition: Best Clearing and Settlement Solution and Best New Post-Trade Solution. Unlike other industry awards events, the annual FTF Awards winners are chosen by a majority of qualified voters who are industry participants. FTF News reached out to… Read More >>
