CloudMargin Site Features Interactive Tools CloudMargin, a London-based vendor of web-based collateral and margin management solutions, has just launched what it says is an interactive “FlightPlan” microsite to help firms “navigate the uncleared margin rules and other regulations impacting their collateral management function,” officials say. The microsite, designed by Eight Arms, offers interactive digital tools… Read More >>
SS&C Matching Service to Tackle U.S. Market Next Year
With a nod from the SEC, SS&C Technologies will be able to target its cloud-based, post-trade matching service SSCNet at the “significant unmet trade matching service levels in the U.S.,” say vendor officials. After being able to offer it to Canadian markets, SSCNet should be available to U.S. clients, starting sometime next year, says Bob… Read More >>
Gresham Rethinks the Cloud as Broadridge Gets Local
Third-party vendors Gresham Computing and Broadridge Financial Solutions are launching new offerings, timed for SWIFT’s Sibos gathering in Singapore this week. Gresham has done “a rethink” for its cloud-based Clareti Transaction Control (CTC) offering, and Broadridge is expanding its proxy processing services. Rethinking the Cloud In many ways, Gresham’s new Clareti-as-a-Service offering, is a relaunch…. Read More >>
Former NYSE Technologies Sales Exec Joins Options
Options, a cloud-based services and IT infrastructure provider to capital markets, has appointed a former NYSE Technologies sales executive, Helen Viccars, to the global sales team, officials say. Viccars, who was responsible for EMEA sales and account management at NYSE Technologies, joins Options as vice president, the European sales and account management team, officials say…. Read More >>
Cheevers & Co. Opts for Cloud-based OMS
Cheevers and Company, a Chicago-based institutional brokerage firm, has gone live with SS&C MarketTrader as its order management system (OMS) via the cloud as a way to stay on top of its growing business, say vendor and firm officials. Officials at Cheevers say MarketTrader will enable the firm to “operate more efficiently at every step… Read More >>
Oppenheimer & Co. Picks VestmarkONE Platform
New York City-based Oppenheimer & Co. Inc., a subsidiary of Oppenheimer Holdings Inc., has chosen VestmarkONE, the unified wealth management technology platform from Wakefield, Mass.-based Vestmark, a software-as-a-service technology provider. VestmarkONE helps clients “consolidate, manage, and trade all of its advisory programs, as well as those offered through its affiliate, Oppenheimer Asset Management Inc.,” the… Read More >>
Liquid Holdings Shuffles Executives
New York City-headquartered Liquid Holdings Group, a provider of a software-as-a-service-based (Saas) solutions for the investment management community, reports three senior executive management changes, effective immediately. They are: CFO Peter Kent has been promoted to CEO, succeeding Brian Storms, who will become the company’s vice chairman, providing “advice and counseling in the areas of sales,… Read More >>
Xignite Offers Free Data to FinTech Sandbox
Xignite, a provider of cloud-based financial market data, reports that it will be a no-cost data provider for FinTech Sandbox, a Boston-based non-profit that brings together data providers, financial institutions and start-up entrepreneurs in a six-month program. Other data providers, all of which have agreed to provide Sandbox participants with free access to market data… Read More >>
Abacus Group Names HR Director
Abacus Group, a provider of hosted IT solutions for hedge funds and private equity funds, reports the appointment of Adam Wayne, formerly vice president of human resources service delivery at JPMorganChase, as the company’s new human resources director. Wayne will be based in Abacus’s New York office and will report to Jonathan Bohrer, chief financial… Read More >>
SunGard XSP Takes On Corporate Actions Risk
The XSP business of SunGard Financial Systems, a provider of software and IT services to the financial services industry, is launching two products intended to help financial institutions manage event data and identify and control their risk exposure. “As the volume and complexity of corporate actions events continue to grow, firms struggle to manage the… Read More >>
