FlexTrade Systems, a maker of multi-asset execution and order management systems, is now able to offer a direct integration with Coinbase Prime, an institutional prime broker platform for digital and crypto assets, officials say. Coinbase Prime offers its institutional prime brokerage for crypto assets whose integrated platform supports the entire transaction lifecycle, officials say. Coinbase… Read More >>
Evidology Systems Applies A.I. to Compliance & Other News
QED Platform Uses A.I. for Deeper Analysis Regulatory technology provider Evidology Systems reports that the company is using artificial intelligence (AI) technology to implement extensions of its core QED (Quality and Evidence Driven) platform to enable scenario analysis of its underlying model “inside third-party applications and workflows.” The QED platform is a “unique combination of… Read More >>
SEC Moves Comment Deadlines on Key Rules & Other News
Public Gets More Time to Respond to SEC Proposals Bowing to industry requests for more time, the Securities and Exchange Commission (SEC) is extending the public comment period for three new rules in the proposal stage. Industry participants were given more time to comment upon the proposed rule “to enhance and standardize climate-related disclosures… Read More >>
EBS’s EMS to Link to IHS Markit’s thinkFolio
EBSI Connectivity Slated for Q4 EBS, a provider of electronic trading platforms and IT for foreign exchange markets, will be offering connectivity between the EBS Institutional (EBSI) execution management system (EMS) and thinkFolio, a multi-asset investment management platform from vendor IHS Markit, vendor officials say. The new service is slated to be available during the… Read More >>
Buy-Side Trading Desks Favored IT Spending in 2019
On average, budgets for American and European buy-side trading desks rose by four percent in 2019, and it appears that much of that increase went to spending on technology rather than for hiring staff, according to a recent report from Greenwich Associates, a market research firm. In fact, the research firm found that “headcounts among… 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 >>
Eze Software Debuts Commission Offering, Signs Brazilian Firm
Investment software and systems provider Eze Software Group has enhanced its commission management offering with the web-based tool, Broker Review, which is intended to help buy-side firms efficiently evaluate their brokers, officials say. The Broker Review is a redesign of the broker evaluation tools previously available via separate products within Eze Software’s commission management offering,… Read More >>
Former Pipeline Trading Exec Joins Fidessa
London-based electronic trading platform and services vendor Fidessa has hired Jay Biancamano, the one-time executive chairman and CEO of Pipeline Trading, to be its new head of equities product marketing for the Americas, a move Fidessa describes as a “key appointment for its sell-side business.” Pipeline was a predictive analytics and algorithmic trading firm that… Read More >>
Eze Software Integrates EMS & OMS Offerings
Eze Software Group has completed an advanced integration between their execution management system (EMS) and order management system (OMS), combining trading and compliance workflows for a front-to-back product suite, officials say. The integration brings together the trading tools of the RealTick EMS with the compliance, position checking, and automated allocations of the Eze OMS, officials… Read More >>
HITE Asset Management Sidesteps Vendor Hassles
When James Jampel founded HITE Asset Management in 2004 with $1 million in start-up capital, tinkering with back-office systems and processes wasn’t exactly at the top of his to-do list. Jampel and the employees who later joined HITE wanted to focus on one thing: investing. It’s fitting, then, that a decade later HITE has become… Read More >>
