On average, budgets for American and European buy-side trading desks rose by four percent in 2019, and it appears that much of that increase went to spending on technology rather than for hiring staff, according to a recent report from Greenwich Associates, a market research firm. In fact, the research firm found that “headcounts among… Read More >>
CloudMargin Hires Former Group CEO of TriOptima
CloudMargin Appoints Stuart Connolly as Next CEO A former Group CEO of TriOptima Stuart Connolly has been named as the new CEO of CloudMargin, a London-based vendor of cloud-based collateral and margin management solutions, replacing Steve Husk, who left CloudMargin. The CloudMargin board of directors approved Connolly’s appointment and he has taken on the role,… Read More >>
Eze Software Bolsters its OMS via Partnership with WTT
Investment technology provider Eze Software is expanding its existing foreign exchange (FX) features via a new partnership with Wise Trading Technologies (WTT), whose real-time, currency risk mitigation toolkit will become available to end-users of Eze’s order management system (OMS). The integration of key features from the two vendor is intended to help financial services firms… Read More >>
Buy Side Still Values Human Talent Over IT
While the need for the right technology is important for optimizing fixed income trading, it appears that the human touch still carries the day for buy-side firms as the bulk of their “increased spending in fixed income went to trader compensation,” according to a new report from market research firm Greenwich Associates. The new emphasis… Read More >>
Kiltearn Partners Consolidates, Links Investment Data
Kiltearn Partners has implemented tighter integration with downstream systems and data sources to better leverage its investment data, says Stuart Gunderson, chief operating officer (COO) for the four-year-old Scottish investment firm. “Kiltearn was looking for ways to have better integration with other downstream systems and data sources, as well as having a consolidated source of… Read More >>
Brazilian Firm to Use Eze Software EMS, OMS
Vinci Partners, a Brazilian asset manager, has signed on as a client of Eze Software Group to implement the vendor’s order and execution management systems, Eze OMS and RealTick EMS, to streamline workflows across the investment lifecycle, vendor officials say. As part of the deal “Vinci Partners will build electronic connections to third-party execution providers… Read More >>
Liquidity Squeeze in Corporate Bond Markets to Strain IT Teams
The world of corporate bond trading is in a transition, according to a new report by market research firm Woodbine Associates, and that could mean even more pressure on buy-side IT departments already slammed with demands from post-crisis regulations. In a nutshell, the report, “Changing Approaches to Credit Trading,” says buyers, sellers and trading venues… Read More >>
Eze Software Debuts Commission Offering, Signs Brazilian Firm
Investment software and systems provider Eze Software Group has enhanced its commission management offering with the web-based tool, Broker Review, which is intended to help buy-side firms efficiently evaluate their brokers, officials say. The Broker Review is a redesign of the broker evaluation tools previously available via separate products within Eze Software’s commission management offering,… Read More >>
Partnership Brings Algorithms to SS&C Clients
Financial software vendor SS&C Technologies has partnered with Brazilian electronic trading vendor Americas Trading Group (ATG) to provide algorithmic trading strategies to customers of SS&C’s MarketTrader order management system (OMS) and FIXLink electronic trading community, officials say. ATG has 35 local sponsoring brokers across Latin America and provides multi-asset algorithms optimized for local market execution…. Read More >>
Eze Software Upgrades Tradar PMS
Investment technology vendor Eze Software Group has completed a series of upgrades to portfolio accounting and reporting system Tradar PMS, improving asset class coverage across instruments and regions, officials say. The new functionalities are part of Eze Software’s “drive to streamline investment managers’ workflows and increase operational efficiency through tighter integration between Eze Software applications,”… Read More >>
