Linedata has appointed John Kiley executive vice president (EVP) of sales and co-head of the global front and middle office asset management business line, officials say. Kiley will be responsible for global business development and client adoption strategies across the front and middle office product suite, including Linedata Longview, Linedata Trader+, Linedata Compliance and Linedata… Read More >>
Q&A with Advent and SS&C: ‘It’s amazing how money talks’
Editor’s note: This is another in a series of stories about SS&C Technologies and its acquisition of Advent Software. In mid-June, the U.S. Department of Justice cleared SS&C Technologies Holdings’s pending $2.7 billion cash acquisition of Advent Software, which was announced in February. When asked if this action means that the acquisition was going to… Read More >>
Brazilian Firm to Use Eze Software EMS, OMS
Vinci Partners, a Brazilian asset manager, has signed on as a client of Eze Software Group to implement the vendor’s order and execution management systems, Eze OMS and RealTick EMS, to streamline workflows across the investment lifecycle, vendor officials say. As part of the deal “Vinci Partners will build electronic connections to third-party execution providers… Read More >>
Settlement Underway Amid Bank Holiday in Greece
As Greece moves toward default on its International Monetary Fund (IMF) loans, a nation-wide referendum has been scheduled for Sunday, July 5, to decide whether Greece remain in the eurozone. In addition, a bank holiday has been underway since June 28. At the same time, the Hellenic Capital Market Commission (HCMC) made the following announcements… Read More >>
Private Equity Firms Beset by IT Woes: SunGard Report
The private equity industry sees some bright spots in its future, but higher-ups are clear-eyed about the difficulties “mounting pressure on fees, costs and the amount of information provided,” might pose going forward, according to a new survey out by financial software and systems vendor SunGard. The report, “Global Private Equity Report 2015: Insights, Relationships… Read More >>
ICG in Guatemela to Use Intix Message Warehouse
Officials at Intix, a Belgium-based provider of financial industry solutions, report an agreement with Imágenes Computarizadas de Guatemala (ICG) to furnish its message warehouse solution to ICG and its four major banks. ICG is a private non-profit, headquartered in Guatemala, that “provides software applications and technology services for the checks clearinghouse, ACH [automated clearing house] and SWIFT… Read More >>
CME Clearing Europe Fills CEO, COO Posts
CME Clearing Europe, CME Group’s European multi-asset clearinghouse, reports the promotion of Tina Hasenpusch to CEO. She will replace Lee Betsill, who will be returning to CME Group’s Chicago headquarters as managing director, global clearing operations, CME Clearing. “Hasenpusch will be responsible for continuing to grow the business and will work with customers to address their… Read More >>
PageFreezer Bundles Social Media Compliance for Small Firms
PageFreezer, a Vancouver, British Columbia-based software-as-a-service (Saas) provider of website and social media archiving solutions, has unveiled new website and social media compliance bundles intended for financial services firms with fewer than 100 employees. The bundles simplify Financial Industry Regulatory Authority (FINRA) and SEC compliance for financial services firms by automatically archiving websites, blogs and… 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 >>
Wolters Kluwer: FTRB Could Be a Headache for Firms
Financial firms should start planning in advance for how well they’ll be able to comply with the Basel Committee for Banking Supervision’s (BCBS) proposed Fundamental Review of the Trading Book (FRTB) – or whether they’ll have to at all, according to a new whitepaper out by consultancy Wolters Kluwer Financial Services. The FTRB is currently… Read More >>
