Ancoa’s Platform Relies Upon Amazon Web Services (AWS) Convergex, an agency global brokerage, is using the market surveillance platform from vendor Ancoa to monitor trading activity across its domestic U.S. and international cash equities and options brokerage businesses to bolster compliance with U.S. and international market abuse regulations. The cloud-based deployment uses Amazon Web Services (AWS),… Read More >>
CME Gets New View into its Cloud via Gigamon
(Editor’s note: A self-described traffic visibility solutions provider, Gigamon is working with the CME Group, which is a collection of derivatives marketplaces, to deploy the Gigamon Visibility Platform on Amazon Web Services (AWS). The Gigamon solution offers visibility into data-in-motion within the exchange’s Virtual Private Cloud (VPC) deployed via AWS. The Gigamon Visibility Platform helps… Read More >>
Risk Focus Shifts Regulatory Wares to Subsidiary
Risk Focus Launches ‘RegTek Solutions’ Financial technology vendor Risk Focus has launched RegTek Solutions Inc., a wholly-owned subsidiary that will serve as the new home for the Report-it control and compliance software for global trade and transaction reporting. The Report-it group includes Validate.Trade, Reportable.Trade, Load.Trade and later this year, Reconcile.Trade, Risk Focus officials say. “Moving… Read More >>
InvestCloud Buys Babel Systems for $20 Million
Los Angeles-based fintech upstart InvestCloud Inc. is acquiring London-based Babel Systems Ltd. for $20 million and plans to link its digital platform to Babel’s trading and accounting capabilities. InvestCloud’s digital platform targets wealth managers with client portals, mobility and advisor portals, and offers allocators (multi-family offices, pensions and endowments), and managers of multi-asset-class, multi-strategy portfolios… Read More >>
S&P Global to Sell QuantHouse
S&P Says a QuantHouse Founder Is the Buyer S&P Global has entered into a definitive agreement to sell Quant House SAS (QuantHouse) to a company owned by Pierre Feligioni, one of QuantHouse’s original founders, according to S&P Global officials, who decline to disclose terms of the transaction were not disclosed. QuantHouse offers trading solutions such… Read More >>
Ops Staffs to Heed the Call of Disruption in 2017
(The word “disruption” has been noted by pundits as one of the most over-used in 2016. However, the term still accurately describes the changes underway in securities operations — and across financial services — that shook multiple groups, disciplines and conventional wisdom. To appease linguists and help operations staffs, FTF News in this final installment… Read More >>
Firms Could See Stormy Weather in 2017
(In this second installment of predictions [click here to read the first installment and here for the third installment], FTF News is reviewing the predictions made about the investment outlook for 2017 and the cloud and digital technologies that may help firms cope with what will likely be an interesting year. The final story in… Read More >>
Cloud Computing Gets a Second Chance
Cloud computing is hitting paydirt among buy- and sell-side firms in capital markets as firms face increasing cost pressures, compelling them to rethink the unthinkable. The cloud has been rapidly gaining ground over the last year to 18 months, according to research and advisory firm Celent, a division of Oliver Wyman, in its new report,… Read More >>
What’s on Your List of Silver Linings?
Perhaps the only consensus that we can reach is that 2016 has been a very challenging year on every front from global and presidential politics to an ongoing death march by beloved celebrities. To a large extent, elections and celebrity deaths have been set in stone by demographics, a little luck, personal choices and maybe… Read More >>
OpenGamma Gets $13.3M to Push Risk Analytics Standards
A vendor offering open source risk analytics for derivatives, OpenGamma reports that it has raised $13.3 million in total from venture capital firm Accel, ICAP’s Euclid Opportunities investment arm, and Cristóbal Conde, the former president and CEO of SunGard, all in a bid to accelerate plans to become the maker of benchmark industry-standard risk analytics…. Read More >>
