Apex Fintech Solutions intends to strengthen its RIA Custody and Execution Platform with digital advice tools that will be added as a result of Apex’s acquisition of AdvisorArch, a portfolio management and rebalancer provider, officials say. Apex will not be disclosing the financial details of the acquisition, which is expected to be final on April… Read More >>
Fidessa Rolls Out Analytics for Derivatives
FinTech vendor Fidessa has just launched a new order analytics service for derivatives transactions, officials say. Fidessa’s Order Analytics aims to provide “greater precision to the control and measurement of derivatives [algorithms],” a company statement says. The service is fully integrated with Fidessa’s global futures and options trading platform, which will enable users to monitor… Read More >>
Orc Tbricks Offers Links to CBOE, CFE
Trade technology vendor Orc has announced that its next-generation Orc Tbricks trading platform will now offer a certified interface to the Chicago Board Options Exchange (CBOE), as well as the CBOE Futures Exchange (CFE), officials say. The solution comes from Orc’s recent acquisition of Tbricks, which offers customizable pricing, volatility management, risk management, team quoting… Read More >>
Goldman Sachs Invests $20.5M in Managed Services Vendor
Investment banking giant Goldman Sachs has invested $20.5 million into Perseus, a managed services provider of high-speed connectivity, giving the firm a minority stake in the vendor’s “rapidly growing global technology business,” according to a Perseus statement. The investment will help Perseus to “accelerate expansion of its global managed services network,” the report says. Founded… Read More >>
Liquidnet Bolsters Execution Services Group
Institutional trading network Liquidnet has hired Chris Jackson as the European head of Liquidnet’s Execution and Quantitative Services (EQS) Group, officials say. In his new role, Jackson will be responsible for “setting the strategic direction of the European Trading Desk and Algorithmic Services Group, as well as heading up the senior sales effort for Liquidnet’s… Read More >>
Eze Software Updates RealTick EMS
Financial technology provider Eze Software Group has released the latest version of its RealTick execution management system (EMS), which provides improved execution management workflow and new trade performance capabilities, according to a company statement. RealTick EMS 11.3 is a hosted software as a service (SaaS) offering, and introduces new features for enhanced spreads trading, which,… Read More >>
iTB Bolsters Interface for Fixed Income Platform
iTB Holdings, a software vendor for institutional fixed income traders, has upgraded the interface for its iTBconnect platform that allows users to display their bids/offers and inventory to electronic fixed income trading venues in order to improve fill rates, optimize execution prices and maximize distribution, officials say. The iTBconnect platform is used for executing trades,… Read More >>
