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EU Firms Face Tight Deadline for MAR Compliance

June 6, 2016 by Lynn Strongin Dodds

The clock is ticking away for the Market Abuse Regulation’s (MAR) July 3 start date but there is still uncertainty about the final edict. The European Securities and Markets Authority (ESMA) has only just released its Q&A guidance and is expected to publish a final report by early Q3 2016, which is cutting it close…. Read More >>

Filed Under: Derivatives Operations, Operational Risk, Regulation & Compliance, Derivatives, Regulatory Compliance Tagged With: derivatives, derivatives regulation, European Securities and Markets Authority (ESMA), European Union, MAD II, Market Abuse Directive (MAD), Market Abuse Regulation (MAR), Nigel Framer, Software AG

Calstrs Tweaks Mainframe Usage & Saves $600K

March 27, 2015 by Ryan Boysen

The California State Teacher’s Retirement System (Calstrs) pension fund has adjusted the way its Calstrs START database system utilizes mainframe hardware and over eight months saved more than $600,000 in batch and online processing costs. START, which is based on Software AG’s Adabas-Natural database system, is using Software AG’s zIIP Enabler for Natural to utilize… Read More >>

Filed Under: Securities Operations, Buy-Side, FinTech Trends, Back-Office Tagged With: CalSTRS, mainframe, Software AG, zIIP Enabler

Calstrs to Uproot Pension Administration System

March 6, 2015 by Ryan Boysen

The California State Teacher’s Retirement System (Calstrs) pension fund will overhaul a legacy IT infrastructure for pension administration and will replace it with a system to streamline workflows for Calstrs employees and to give members greater options for managing their retirement funds. The switch by one of the largest pension funds in the U.S. will… Read More >>

Filed Under: Buy-Side, Case Studies, FinTech Trends Tagged With: Adabas-Natural, CalSTRS, CGI, Sagitech, Software AG

Q&A: John Bates’ New Role at Software AG

November 6, 2013 by Eugene Grygo

Over the summer, Dr. John Bates took on the position of chief technology officer (CTO) for the Intelligent Business Operations and Big Data division of Software AG, which acquired the complex event processing (CEP) Apama division of Progress Software in June. Previously, Bates was executive vice president and corporate CTO for Apama, where he was… Read More >>

Filed Under: Data Management, Opinion, Q&As Tagged With: Aris, Big Data, CEP, CFTC, Dr. John Bages, low-latency, Software AG, WebMethods

John Bates Takes on Big Data for Software AG as Liquid Holdings Grows Sales Team

November 6, 2013 by Eugene Grygo

John Bates Takes on CTO Post for Big Data at Software AG Software AG has appointed Dr. John Bates to the position of chief technology officer (CTO) for the Intelligent Business Operations and Big Data division, officials confirm. Bates who assumed his new post in July will also serve as a member of the group… Read More >>

Filed Under: Industry News, People Moves Tagged With: Black River Asset Management, Gresham Computing, ITRS Group, John Bates, Liquid Holdings Group, MarketAxess, Software AG

Omgeo Adds LEI Support as Smarsh, Nasdaq and Protegent Advance Social Media Surveillance

May 21, 2013 by Eugene Grygo

Omgeo Adds LEI Support to Alerts Via Avox Post-trade services provider Omgeo now has support for the global Legal Entity Identifier (LEI) initiative via additional entity- and fund-level fields and data as part of its Alerts web-based global database for account and standing settlement instructions (SSI), officials say.The new LEI support comes via Omgeo’s partnership… Read More >>

Filed Under: General Interest, Industry News Tagged With: Avox, Central Securities Depository of Poland, DTCC, LEI, Misys, NASDAQ OMX, National Settlement Depository of Russia, Omgeo, Smarsh, Software AG

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