Marusan Securities Signs On to Fidessa Marusan Securities Co., Ltd., an independent securities firm headquartered in Tokyo, has deployed Fidessa’s transaction technology to better serve its wholesale agency trading customers, say officials at the firm and Fidessa. In fact, 11 securities firms in Japan are using Fidessa for wholesale agency trading purposes, according to the… Read More >>
SIX’s New Hub Helps Firms Re-Use Regs Data
With wealth managers, assets managers, banks and other market participants in mind, SIX Financial Information, a data and services vendor, is launching a platform that facilitates the re-use of regulatory data and documentation thus easing some regulatory burdens, according to officials at SIX. The new hub is intended to structure and exchange product data, information… Read More >>
New Vendor Takes on MiFID II Unbundling Woes
One of the most profound changes that the MiFID II reforms will bring about is an unbundling of the money for research that buy-side firms pay to sell-side firms. With that in mind, a startup provider, Global Commission Systems (GloComm), based in New York City, has designed a system that it hopes will help firms… Read More >>
Sapient Global Markets Tightens Links to Microsoft Azure
Sapient Global Markets (SGM), a technology and consulting services provider, will be tightening its collaboration with Microsoft’s Azure cloud computing service, and Sapient’s CMRS regulatory reporting platform will be taking full advantage of the greater joint effort, officials say. “We have had CMRS on Azure for the last two years but we are now enhancing… Read More >>
ESMA Leaves Key OTC Questions Unanswered
Although the latest edict from the European Securities Market Authority (ESMA) was supposed to clarify the concept of “traded on a trading venue” (TOTV), there is still some uncertainty around the over the counter (OTC) component of securities transactions. The objective of ESMA’s opinion is to help market participants better understand under which circumstances transactions… Read More >>
