The FIX Trading Community, a standards body for the electronic trading protocol, has just published for public review the Release Candidate 3 for FIX Orchestra, an upgrade of a standards initiative for the counterparty onboarding process, covering the exchange of metadata that governs the behavior of FIX applications. The effort is intended to bolster support… Read More >>
Exchange Data International to Offer Key Content via QuantHouse
Exchange Data International (EDI) will be offering its securities reference data and end of day pricing through the QuantHouse hub of services accessed via application programming interfaces (APIs), which is intended to help a quant trader’s decision-making, among other operations. The London-based EDI has a content database that covers major markets, particularly emerging and frontier… Read More >>
Credit Suisse Tackles Trading Fees & Expense Management
(Editor’s note: During the SIBOS conference and exhibition last month SmartStream Technologies and Credit Suisse announced that they have expanded their invoice processing agreement so that the vendor will be handling the listed derivatives brokerage fees via the vendor’s proprietary transaction execution fees and expense management software. The software program encompasses the receipt of invoices,… Read More >>
STP & Electra to Offer End-to-End Recs Support
STP Investment Services, a middle- and back-office solutions vendor, reports that it is expanding its ties with Electra Information Systems via a new strategic partnership that lets STP’s wares work with Electra’s offerings. Essentially, the partnership will combine Electra’s data collection and matching tool with STP’s process and reconciliation dashboard, officials say. The goal is… Read More >>
FTF Awards Q&A: Tear Down the Walls & Silos
(Editor’s Note: A trend is underway to eliminate the walls and silos separating middle and back offices at securities firms because they inhibit the flow of information, says Jerald Seti, vice president, financial services product management at OpenLink Financial (OLF). FTF News recently checked in with Seti about OLF’s third consecutive win for Best Middle-to-Back-Office… Read More >>
Q&A: ‘Custom Integration Can Be Resource-Intensive’
Kevin Carter, the chief technology officer (CTO) for the New York-based Dialectic Capital Management, gave a presentation on vendor management at FTF’s SecOps USA 2015 conference in New York this week. His session, “Multiple systems, One Enterprise: Integrating Many Vendors into Your Operations Team,” focused on the challenges of managing multiple vendors in increasingly complex… Read More >>
Volante Broadens Designer Platform’s Support
Financial messaging and data integration vendor Volante Technologies has upgraded its Volante Designer solution, a messaging integration platform, to help firms respond to the ongoing challenge of accommodating multiple types of messaging, industry protocols and Open Source initiatives. The latest release, Volante Designer 5.1, features support for extract, transform and load (ETL) functions to process… Read More >>
Finsapp and Volante to Build Solutions
Finsapp, a specialist system integrator for the SAP enterprise resource planning (ERP) software provider, and Volante Technologies, a provider of software for the integration, validation and processing of financial messages and data, report that they have entered into a partnership to build business domain solutions. The solutions will be “based on interbank, intrabank and bank… Read More >>
