Low Latency Featured Articles

Buy Side Seeks Independent Valuation Providers for OTC Derivatives After Credit Crisis

With the credit markets in turmoil over OTC derivatives valuations, buy-side firms are tapping vendors to avoid the conflict of interest inherent in broker-determined prices.

Putnam Investments Sees Competitive Advantage in Building OTC Derivatives Pricing Engine In-House

To verify prices from brokers and other outside sources, Putnam Investments developed an internal OTC derivatives valuation engine using grid computing.

InterContinental Exchange Acquires Yellow Jacket Software to Expand its Electronic Trading of OTC Derivatives

The ICE acquires Yellow Jacket Software's electronic platform to expand deeper into OTC derivatives.

CME Group Migrates Combined CME-CBOT Electronic Trading to a Single Platform

CME Group is migrating the CBOT's elecronic trading to the Globex platform while consolidating two trading floors into one.

Asset Managers Adopt a Software-as-a-Service Model for Corporate Actions Processing

While asset managers and broker-dealers clearly do not need a corporate actions processing system as large as custodians, they do require an automated solution to mitigate the inherent risk with manual processing.