Options Technology, a provider of cloud-enabled managed services, reports that it has achieved a Microsoft Solutions Partner specialization for Threat Detection, and has integrated market data from the Bruce ATS, an alternative trading system aimed at overnight trading, officials say. The Microsoft Threat Detection designation “follows earlier Solutions Partner designations in Private Cloud, Modern Work,… Read More >>
INDATA Bolsters Key Offerings via A.I. Tools
INDATA, a software and services provider for the buy side, has enhanced its order management system (OMS), portfolio accounting/reporting support, and manager/client portal offerings in an effort to offer productivity improvements for its clients, officials say. The provider of cloud-native, software-as-a-service (SaaS) technology and managed services is offering the following improvements: INDATA AI Agent for:… Read More >>
Indus Valley Partners Expands Reach via IntegriDATA Acquisition
With backing from private equity firm PPC Enterprises (PPC), managed services provider Indus Valley Partners (IVP) has acquired IntegriDATA, an alternative investment software solutions provider, and combined their respective cloud platforms, officials say. A specialist middle-market PE firm, PPC is a minority investor in IVP, and the acquisition is intended to position the IVP Group… Read More >>
Beeks & STT Team Up for Clearing & Settlement Service
Financial cloud solutions provider Beeks Financial Cloud Group is partnering with trading and clearing provider Securities & Trading Technology (STT) to offer a managed service that incorporates clearing, settlement, trade execution, risk management, and surveillance, officials say. The timing was the driving factor for the collaboration between STT and Berks Group as they want to… Read More >>
Harbor Capital Advisors Implements Geneva Managed Services
Asset manager Harbor Capital Advisors implemented Geneva Managed Services from SS&C Technologies last month and will be using application programming interfaces (APIs) to integrate Geneva with the firm’s deployment of the SS&C Eze OMS (order management system), officials say. The Geneva offering helps firms manage asset classes and multi-currency portfolios via a single system. The… Read More >>
Danske Bank Picks ‘TBricks’ from Broadridge
Danske Bank will be supporting multi-asset trading, pricing, and position management via the Tbricks managed solutions for the front office from Broadridge Financial Solutions, officials say. Tbricks will facilitate multi-asset transactions and market-making via a modular, customizable, and scalable managed transaction platform. The system offers a user interface and built-in functions that can integrate with… Read More >>
Blockchain Successor to CHESS to Launch in 2022
Pandemic Delays Launch of New ASX System The Australian Stock Exchange (ASX) has set its new go-live date of April 2022 for the blockchain-based system that will replace its incumbent clearing and settlement, the Clearing House Electronic Subregister System (CHESS), officials say. The new launch date is 12 months beyond the original launch date, which… 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 >>
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 >>
Perseus Opens Regional HQ in Hong Kong
Perseus, a managed services, co-location and high-speed connectivity provider, has opened a regional headquarters in Hong Kong to serve Asian markets that “have been growing exponentially,” says Jock Percy, CEO of the New York-based vendor, in a prepared statement. “Hong Kong is at the center of that growth and Perseus has been planning to expand… Read More >>
