Wall Street & Technology is part of the Informa Tech Division of Informa PLC

This site is operated by a business or businesses owned by Informa PLC and all copyright resides with them. Informa PLC's registered office is 5 Howick Place, London SW1P 1WG. Registered in England and Wales. Number 8860726.

Asset Management

01:29 PM
Wall Street & Technology
Connect Directly
RSS
E-Mail
50%
50%

SIA SHOW: Investment-Technology Notes

Macgregor announces that the State of Michigan has selected the Macgregor Financial Trading Platform to automate its equity and fixed-income trading; Financial Models Company Inc., announced that Burgundy Asset Management Ltd., has chosen FMCSylvan as its performance-measurement solution; Financial Fusion, Inc. announced the general availability of TradeForce Suite GlobalFIX.

* Macgregor, a global provider of buy-side trade-order-management systems and FIX-network services, announced that the State of Michigan has selected the Macgregor Financial Trading Platform to automate its equity and fixed-income trading. The State of Michigan has selected components including the Portfolio Manager Workstation, Advanced Fixed Income, and the Macgregor FIX Network. The system will be rolled out to 20 users.

* Financial Models Company Inc., a provider of technology solutions and services to the investment world, announced that Burgundy Asset Management Ltd., a Canadian investment-counseling firm, has chosen FMCSylvan as its performance-measurement solution. Burgundy Asset Management Ltd. provides discretionary investment-management services to private individuals, as well as charitable foundations, endowments and pension funds.

* Financial Fusion, Inc. announced the general availability of a new solution, TradeForce Suite GlobalFIX, to offer enterprise-level FIX-connectivity features and options at entry-level pricing. GlobalFIX is designed to provide a complete packaged solution for unlimited FIX connectivity and flexible deployment models. GlobalFIX is architected to support a diverse range of users from firms that require simple solutions for minimal counter party connections to the most complex routing needs of market leaders.

* Also, Financial Fusion, Inc. announced the general availability of the ISO 15022 Accelerator Program. The program is designed to bring the over 3,400 investment and asset managers that have not yet implemented an ISO 15022 solution into compliance with the SWIFT deadline in November. The ISO 15022 Accelerator Program consists of an upgraded set of SWIFT libraries with full ISO 15022 compliance for new message types, comprehensive 7775 to 15022 mapping, a multi-platform-conversion tool, plus five days of professional-services consulting and analysis.

* Impact Technologies Group, a company specializing in software for the financial- services industry, released a new version of its Wealth Strategies software on June 3. The software was especially shaped to improve the planner-client relationship through an interface that is easily accessible to both the planners and the clients. By integrating Impact's Probability of SuccessSM service in this software, planners can create more detailed reports and graphs that will describe future assets predictions (based upon the Monte Carlo method) that fit the client's specific needs. Another added function to the software is the Additional Fact Finder, a tool that provides a set of questions for less experienced planners to answer when they are evaluating a client's financial needs.

Register for Wall Street & Technology Newsletters
Video
All Videos
Slideshows
Top Quotes of the Week
Top Quotes of the Week
It wasn't all bad luck for the capital markets this week: Hedge funds had a decent first quarter despite a slowdown in jobs numbers, BlackRock might be heading into new territory as hedge fund managers take a hard look at their counterparties, and the head of the IMF didn't pull any punches when assessing today's global economy. At least we can admire the nice weather and some of the best quotes of the week.
More Slideshows