BNP Paribas rolls out customer-relationship-management system.; Charles River aligns with MarketAxess for electronic connectivity.; Capco and LJH Financial Marketing Strategies release "911 for the Financial Sector."
Reuters to offer SuperDerivatives benchmark currency-options-pricing system.; Investment manager streamlines internal operations with Eagle Investment Systems.; Dow Jones partners with content-integration firm to produce Advanced Development Took Kit.
Risk Management Technology Newsflashes
Nomura to install Reuters' Kondor+ and Kondor Global Limits; AWB to deploy FEA's derivative pricing components with Reval's HedgeRx; SG CIB picks Jrisk
Omgeo releases new version of central matching service; HVB to use Front Capital for fixed income; SunGard Investment Management announces new solution
Island and Instinet Delay Migration Testing; Random Walk supplies real-time matching consulting services; NeoNet connects with SunGard Transaction Network; PHLX seat owners approve demutualization plan
Cleared for Takeoff
Clearing firms are rolling out execution services with order-routing and direct-access partners.
New Tool of the Trade
Despite compliance scrutiny, instant messaging is a hot communications tool on trading floors.
Benincasa Flexes his Skills
Jamie Benincasa recently parted ways with Instinet to join FlexTrade Systems, a Great Neck, N.Y.-based trading vendor.
Deutsche Bank recently saw the departure of Glenn Schmidt, a senior technical officer and director of Global Securities Services.
Gloory Days at Barclays
Barclays Capital has grabbed Nancy Gloor to fill the position of managing director and global head of fixed-income technology.
Revivio Gives Access to Altered Data
The newest technology solution from Revivio, a Lexington, Mass.-based time-addressable-storage vendor, brings to mind the film Back to the Future.
When Scotiabank Group merged its corporate-banking and capital-markets groups in the late 1990s, the challenge became how to stay on top of the global juggernaut's performance in multiple countries.
"Is Elliot Spitzer Here?"
Brett Goodin, predicts a continued growth in outsourcing demanded by hedge funds, which traditionally piggy-back on the infrastructure and lending capabilities of prime brokers for their trading.
Buy-Side Bashing in Singapore
Forgetting that the customer is always right, broker/dealers and custodians made asset managers the pinatas at Swift's annual Sibos conference.
The Price of STP
At Wall Street & Technology's Straight-Through-Processing Conference, T. Rowe Price's Doren Jacobs explains his firm's path to trade-processing nirvana.
Lights, Camera, Action
Mellon Global Securities Services recently decided to take action against the industry-wide problem of corporate actions.
A Risky Operation
A wave of new regulations is forcing firms to focus on reducing their operational risk.
Is SwiftNet Fast Enough?
Swift has the chance to spread electronic trading around the globe, but not if SwiftNet has an eight-second delay.
Forget about locking the windows and the doors, financial-services firms now have far more to fear from worms, horses and bugs.
With a torrent of regulations raining down on them, Wall Street firms are wise to think about developing a global-compliance architecture. But can the chief compliance officer sell the project to senior management?
The majority of organizations fail to provide guidance to their employees, according to a recent study.
It should be no surprise that some of the leading financial-services firms also top our ranking of technology innovators.
ELECTRONIC -TRADING NEWSFLASHES
BrokerTec Futures Exchange to shutter trading; Syntegra debuts release of multimedia-desktop-device for trading; TransactTools taps Berry for professional services.
Raymond James Financial signs a three-year agreement to integrate Thomson Dataworks; ComStock's XpressFeed, is distributing MTS bond-market data; Reuters delivers Standard & Poor's Securities Evaluations' prices in mutual fund and end-of-day timeframes.
Platform Computing launches grid application for speeding up spreadsheet calculations; Study shows largest financial firms are prepared for disaster, while small firms lag; Reserve Bank of Australia choose Open Link's Findur.
Graham Capital Management licenses product for hedge-fund operations; Asset manager chooses fund-management and client-management solutions.
NYFIX Clearing Corp receives clearing approval from DTCC; Brown Brothers signs Heartland funds; NSCC and Fixed Income Clearing Corp to share interface.
Firm realizes savings by employing enterprise-wide network troubleshooting from Network Physics.
Instinet and Island ECN plan to display orders on Nasdaq SuperMontage; Sanford C. Bernstein launches program trading business with FlexTrader; UNX unveils protocol translation interface for buy-side traders.
Credit Lyonnais Securities (USA) interfaces to the Fidelity ActionsXchange; JPMorgan moves MorganMarkets onto platform by Caplin Systems; Edgar Online aligns with Microsoft to offer financial information in Excel.
Wachovia Picks Centerprise for enterprise-wide operational risk; Rabobank monitors global credit- risk with SunGard's Credient MC2; Front Capital Systems names Tamaddon and Dasgupta to management positions; Alcatel chooses SuperDerivatives for currency-option-pricing.