Corvil to Help FlexTrade Users Optimize Executions FlexTrade, a multi-asset execution and order management systems (OMS) vendor, is using Corvil Analytics as a way to improve client performance across FlexTrade’s trading solutions, officials say. The combination will enable FlexTrade to provide clients with Corvil’s machine-time analytics, which allows FlexTrade to identify areas for optimization that… Read More >>
U.K. Specialist Firm Embraces ‘Recs as a Service’
Genesis Investment Management Deploys Watson Wheatley Service London-based Genesis Investment Management, a specialist investment management firm, is the first official customer of reconciliation vendor Watson Wheatley’s “reconciliation as a service” offering, according to officials at the firm and the vendor. The new offering from Watson Wheatley leverages the audit controls and automation of the iRecs… Read More >>
U.K. Firm Deploys iRecs Platform from Watson Wheatley
BennBridge Rolls Out iRecs Platform London-based BennBridge Ltd. a multi-boutique investment firm, has implemented the iRecs trade reconciliation platform from Watson Wheatley Financial Systems, officials report. Tom Wheatley, chief operating officer (COO) for Watson Wheatley, reports that the BennBridge project requirements “were relatively complex” but that the application was successfully rolled out to… Read More >>
IHS Markit Debuts Vendor Management Service
New Portal Works with IHS Markit’s KY3P Data and analytics vendor IHS Markit has launched the Vendor Management Portal (VMP), a solution to help end-user firms with support for vendor risk-tiering and vendor management workflow, officials say The effort combines VMP with the vendor’s KY3P due diligence service to offer a system to “centralize the… Read More >>
AcadiaSoft’s Consulting Services Target Non-Cleared Derivatives
AcadiaSoft Introduces New Suite of Services AcadiaSoft Inc., the Norwell, Mass.-based provider of margin automation solutions, has launched AcadiaSoft Expert Services, a suite of consultative offerings targeting securities firms complying with new regulations, officials say. The first available offering within Expert Services is AcadiaSoft’s ISDA SIMM Approval Guidance, a service that to assist firms via… Read More >>
CFTC Approvals Raise Number of SEFs to 21
CFTC Finalizes Registration for GTX, Tera and FTSEF The CFTC has given its stamp of approval to three swap execution facilities (SEFs): the GTX SEF (GTX) of Bedminster, N.J.; TeraExchange, (Tera) of Summit, N.J.; and FTSEF (FTSEF) of Great Neck, N.Y., bringing the number of fully CFTC-registered SEFs to 21. The regulatory action finalizes approval… Read More >>
Japanese Exchanges to Work with IBM Japan on Blockchain Project
Officials of the Japan Exchange Group (JPX) and IBM Japan recently announced that they are jointly developing proof of concept (PoC) tests for the Blockchain distributed ledger technology. This effort marks another major project for the financial services industry, which has been rapidly exploring how Blockchain can be applied to a variety of securities operations…. Read More >>
