Asset managers by a large majority expect there will organic growth in their markets and that they will be deploying new technology to help them deal with that growth, according to a new survey conducted by Coalition Greenwich and sponsored by Northern Trust. But the survey reveals a reluctance among firms to implement large-scale redesigns… Read More >>
Ops Needs to Work More Closely with IT: Q&A
(FTF News recently got time with Emin Tatosian, the co-founder and chief technology officer (CTO) of FX HedgePool, a matching platform for the FX swaps market that launched in 2019. The company, which targets the mid-market execution of FX swaps, says it separates liquidity from credit and helps passive hedgers move liquidity among themselves with… Read More >>
Q&A: Firms Still in Limbo over T+2 Changes
(Editor’s Note: Matt Rodgers, senior manager at business consultancy Sapient Global Markets, thinks that it’s a little premature to know what IT infrastructure and solution changes will be required for the transition to trading day plus two settlement (T+2). The efforts of the DTCC, the Securities and Financial Market Association (SIFMA) and major industry players… Read More >>
Citihub Consulting Partners with Excel I.T.
Citihub Consulting, an IT advisory firm, is partnering with IT services specialist Excel I.T. in order to come to market with a more complete package that spans infrastructure strategy and architecture through to migration logistics and ongoing support, say Citihub officials. The two vendors are focused on financial services IT infrastructures, although with complementary skill… Read More >>
Options Technology Consolidates London Offices
Options Technology, a managed services and IT infrastructure vendor for the financial services markets, is consolidating its two existing London offices into a new office in central London, officials say. The new office is situated in Portland House, Victoria, and will “accommodate growing staff numbers within the firm and has capacity for over 100 employees,”… Read More >>
SEC Promotes Pamela Dyson to CIO
The SEC has promoted Pamela C. Dyson from Acting Chief Information Office (CIO) to CIO in charge of overseeing all of the regulator’s IT technology functions “Pam has been instrumental in our ongoing efforts to enhance the commission’s information technology capabilities,” says SEC Chair Mary Jo White in a statement. Dyson has held key positions… Read More >>
Abacus Group Debuts Dashboard for Key System
Abacus Group, a provider of hosted IT solutions for hedge funds and private equity funds, has launched Abacus Cloud Panel, a web-based portal intended to help CEOs and chief technology officers (CTOs) enhance the management of email via the AbacusFlex system, officials say. AbacusFlex serves as the host for IT infrastructures and applications, and offers… Read More >>
