State Street to Exit Midtown Manhattan The Boston-based State Street will be closing its midtown Manhattan offices and embracing a hybrid working model in response to staff members that have been working remotely in the wake of the COVID-19 pandemic, according to a prepared statement from the custodian banking giant. “Like most other companies, we… Read More >>
Buy Side Grapples with Electronic FX Execution: Q&A
(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 >>
SS&C Releases Updates for Advent Offerings
Financial software and services vendor SS&C Technologies has just released version 18.2 of the SS&C Advent enhancements for Advent Genesis, Geneva, Advent Portfolio Exchange (APX), Moxy, Syncova, Tamale and Tradex, adding more accounting functions and support for financial reporting, officials say. The new features and functions, which will support clients with locally deployed or outsourced… Read More >>
Bloomberg STP and Traiana to Tackle FX Options
Bloomberg STP Solutions, the post-trade arm of the market data and news giant, reports that it is joining forces with Traiana, a vendor of pre- and post-trade solutions, to automate many of the now-manual processes that form the workflow of foreign exchange (FX) options. Essentially, the solution to come will link Traiana’s Harmony messaging network… Read More >>
Asset Manager Picks Linedata to Revamp Workflow
Linedata, a solutions provider focused on the investment management and credit industries, reports that Paris-based Meeschaert Asset Management, founded in 1935, has implemented the vendor’s platform to manage front-to-back asset management workflow. The Linedata platform includes: Longview, which provides portfolio management tools and workflows, execution management tools and analytics, allocation tools, compliance monitoring, and integrated… Read More >>
