(BidFX, a provider of an execution management system (EMS) for global foreign exchange (FX) markets, recently made news when the Singapore Exchange (SGX), Asia’s largest FX marketplace, acquired a 20 percent stake in the TradingScreen company. The stake includes an option for additional shares to gain a controlling interest, for a total cash consideration of… Read More >>
How to Cope With UMR Compliance: Q&A
(Editor’s Note: Much has been made about buy-side firms and if and when they will have to comply with Uncleared Margin Rules (UMR) and key requirements of the European Union and the U.S. The industry has started to focus on the operational processes they will need in order to comply with the Basel Committee on… Read More >>
More Asset Managers Will Offer ETFs: Q&A
(FTF News recently got time with Spencer Mindlin, an Aite Group analyst who focuses on capital markets, including exchange-traded funds (ETFs). For the Q&A, Mindlin tackles market structure and related issues. At the Performance Measurement Americas event, March 11-12 in New York, Mindlin will take part in the panel, “The New Burdens of ETFs.”) Q:… Read More >>
Drilling Down on SS&C’s Acquisitions in 2018
(For the securities operations industry, last year saw many key mergers and acquisitions in several sectors: financial services firms, financial technology vendors, service providers and even between firms and vendors. A major provider to the securities industry, SS&C Technologies had its share of acquisitions, adding DST Systems, Eze Software, CACEIS North America and Intralinks to… Read More >>
Vendors Must Understand What Clients Want: Q&A
(At the SS&C Deliver customer conference of SS&C Technologies in Las Vegas last month, FTF News got the chance to interview Steve Steffy, director of operations at Trilogy Global Advisors, based in Winter Park, Fla. An SS&C client, Trilogy describes itself as a specialist emerging markets equity boutique firm. Two years ago, the vendor published… Read More >>
Ops Staffs Still Reeling from Great Recession: Q&A
(David Pearson is the head of post-trade strategy at Fidessa, a vendor providing electronic trading, investment and information solutions. In his post, he oversees the creation and spread of new business ideas across the global Fidessa buy- and sell-side community. He is also engaged in the restructuring of business flows across financial markets, from pre-trade… Read More >>
Performance Teams Face Manual & IT Barriers: Q&A
(FTF News recently got time with Justin Wheatley, group chief executive for StatPro, which won the Best Performance Measurement System honor of the FTF News Technology Innovation Awards for 2018. Wheatley’s career got its start in 1989 when he was a salesman with Micropal, an independent information provider covering mutual funds. By 1994, Wheatley founded… Read More >>
Multiple Systems & Processes Complicate Data Consolidation: Q&A
(Matthew Bergerman, the director of product management at DTCC Data Services, oversees the development of data solutions for the equity, fixed income and reference data markets. An industry veteran with more than 20 years of experience in the financial information industry, Bergerman joined the DTCC in 2015 after leading market data and reference data efforts… Read More >>
Helping Those Whose 9/11 Grief is Forever
It’s been 17 years since the terrorist attacks on Sept. 11, 2001 and most everyone has stories, moments, images and emotional links that defy the passage of time. For many people who lost family, friends and co-workers on 9/11 the ties to trauma, grief and pain are very present and real. We should do what… Read More >>
High Margin Call Volumes Spur Operational Overhaul: Q&A
(Last year, the industry responded strongly to TriOptima’s counterparty exposure management service triResolve Margin when it became clear that regulatory changes would drive up margin call volumes, explains David White, the London-based head of sales for triResolve at TriOptima. In fact, triResolve Margin was voted Best Collateral Management Solution via the FTF News Technology Innovation… Read More >>
