A new report from market research firm Celent focuses on firms in Asia-Pacific and how Europe’s successful move to shorter settlement is affecting them. The report, “Europe T+2: Is Asia-Pacific Ready?” focuses on how A-P firms, which settle transactions on trade data plus three business days (T+3), are coping with the shorter T+2 (two business… Read More >>
Etrali Appoints Two Managing Directors
Etrali Trading Solutions, a communication and turret services integrator for trading, has named Brad Gorton managing director of the United Kingdom and Ireland and Paul Klebinder managing director of France and Italy. Both men report directly to CEO Lionel Grosclaude. The new appointments are meant to “to showcase global growth and support expansion plans across… Read More >>
Ex-GoldenSource CEO Named to EDM Council Post
The Enterprise Data Management (EDM) Council, a non-profit trade association founded in 2005 by senior financial industry executives and given the mandate to “elevate the practice of data management as a business and operational priority,” reports the appointment of Mike Meriton, one of the organization’s founders, as its head of commercial services. Meriton, who is… Read More >>
Interactive Telecom Hires SVP for Sales and Ops
Communications management vendor Interactive Telecom Solutions (ITS) has hired Kevin Errity as a senior vice president of sales and operations, officials say. In his new role, Errity will be responsible for “the leadership of the ITS sales team, driving business growth and creating customer solutions that add value and maximize market share in targeted segments,”… Read More >>
Swiss Firm Deploys Collateral Management Solution
European wealth and asset manager Banque Pictet & Cie SA has gone live with capital markets software vendor Calypso Technology’s collateral management solution, officials say. Banque Pictet will use Calypso’s platform to “consolidate all collateral activities across its many businesses on a single platform,” according to the vendor. The platform is a “standalone, centralized collateral… Read More >>
Asia-Pacific Lost in the T+2 Shuffle?
The operations industry has been focused on shorter settlement cycles in the U.S. for the past two to three years while Europe has made the transition from trading data plus three business days (T+3) to two business days (T+2). At the same time, Asia-Pacific has also been grappling with the push for shorter settlement. Still,… Read More >>
Q&A with UBS: ‘Things are moving beyond Excel’
Mike Dickey, director, product deployment, UBS Fund Services, spoke to FTF News about UBS Fund Services’ recent news that it has deployed SunGard’s Investran Insight. The installation will yield a portal that integrates the client web portal, dubbed the UBS Fund Services Online. In addition, UBS clients and their limited partners will have access to… Read More >>
Compliance Science Names David Eisner to Board
Compliance Science, a provider of governance, risk management and compliance solutions, has appointed David Eisner to its board of directors, officials say. Eisner is a financial services industry veteran, who, at separate times in his career, founded and was CEO of TheMarkets.com and of iExchange.com, according to a vendor statement. “Previously, he held the positon… Read More >>
SIX Financial Hires Industry Vet Phil Lynch
Industry veteran Phil Lynch is the new global head of markets, products and strategy, at SIX Financial Information, confirm officials at the market data and services provider, based in Zurich, Switzerland. “Mr. Lynch is part of SIX. He actually started working for SIX Financial Information yesterday, April 1,” says a company spokesperson in an email… Read More >>
Newcomer Eventus Debuts Ops Platform
New financial technology vendor Eventus Systems is debuting the Validus platform, which features “multi-stream data reconciliation,” officials say. The vendor says the platform is “a new way to capture and organize data flows and then process, reconcile, transform and pipeline that data in order to accurately report on risk,” officials say. “The platform is built… Read More >>
