The largest institutional broker in Thailand is the first Asian client of the Nasdaq Risk Platform, a service that offers a view of risk for proprietary and client trading portfolios, officials say. The new client Kiatnakin Phatra Securities (KKPS) has signed a multi-year agreement, which expands upon its Nasdaq Trade Surveillance partnership, officials say. The… Read More >>
BNY Mellon Migrates Data & Analytics to Microsoft’s Azure
Custodian BNY Mellon and Microsoft are joining forces again to bring together Microsoft Azure cloud computing and BNY Mellon’s financial data and analytics capabilities, including an exploration of artificial intelligence (A.I.), officials say. The companies have worked together before “creating data, technology, and content solutions for investment managers on Microsoft Azure,” officials say. This latest… Read More >>
IPC & BXS Partner to Combine Order Analysis & Reporting
Regulatory reporting provider BXS and communications and market connectivity vendor IPC Systems have extended a partnership to target buy- and sell-side firms that want a single solution for routing, executing, and reporting orders across asset classes including crypto markets, officials say. The partnership offers securities firms links between the BXS Trade Surveillance Solution and IPC’s… Read More >>
JPMorgan Asset Management Buys Campbell Global
JPMorgan Asset Management Boosts ESG Offerings JPMorgan Asset Management has acquired Campbell Global, described as “a forest management and timberland investing company,” as a way of facilitating transitions to a low-carbon economy and opportunities for those investors that want to support environmental, social, and governance (ESG) concerns, officials say. JPMorgan officials declined to disclose the… Read More >>
FactSet Acquires BISAM for $205.2 Million
BISAM Technologies will become a part of FactSet as the result of a $205.2 million acquisition that will eventually tie together performance measurement support with portfolio and risk analytics and client reporting. FactSet, known for its integrated financial information, analytical applications, and services, has acquired BISAM from Aquiline Capital Partners and company insiders for $205.2… Read More >>
Riskalyze Scores $20M Investment via FTV Capital
Riskalyze, an Auburn, Calif.-based risk analytics vendor, reports that it has received a $20 million minority growth equity investment in an initial “outside institutional round,” led by FTV Capital, an equity investment firm. FTV, which specializes in fintech-related investments, says that it has raised more than $2.7 billion for positions in 93 portfolio companies that… Read More >>
OpenGamma Gets $13.3M to Push Risk Analytics Standards
A vendor offering open source risk analytics for derivatives, OpenGamma reports that it has raised $13.3 million in total from venture capital firm Accel, ICAP’s Euclid Opportunities investment arm, and Cristóbal Conde, the former president and CEO of SunGard, all in a bid to accelerate plans to become the maker of benchmark industry-standard risk analytics…. Read More >>
BISAM Acquisition Serves as a Milestone for Unifying Performance and Risk
Performance measurement vendor BISAM’s just announced acquisition of risk analytics specialist FinAnalytica is a response to growing demands among buy-side firms for a unified performance and risk approach, and industry observers are in agreement that the two disciplines are on a parallel and perhaps intersecting path. BISAM officials are not disclosing the financial arrangements for… Read More >>
CFTC Authorizes Eurex Clearing for U.S. Swaps Markets
CFTC Blesses Eurex Clearing U.S. regulator CFTC has authorized Eurex Clearing’s registration as a derivatives clearing organization (DCO), which will allow Eurex Clearing to provide clearing services for swaps for U.S. clearing members, officials say. The authorization makes Eurex Clearing the 16th DCO registered with the CFTC and the sixth registered DCO based outside the… Read More >>
Risk Analytics Pioneer to Get $10M PE Infusion
Risk analytics vendor Hanweck Associates will be getting $10 million in private equity financing and a large part of that debt and equity package will help fund the vendor’s exploration of innovations for margin and collateral optimization. A New York-based private equity firm, The Argentum Group has secured the financing and will have a cooperative… Read More >>
