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.

Risk Management

09:35 AM
Connect Directly
RSS
E-Mail
50%
50%

RISK-MANAGEMENT TECHNOLOGY

Bluewave launches a compliance asset tracking system to help firms meet regulatory requirements; UTI Bank implements Credence Analytic's iDeal treasury and risk management solution.

Bluewave has launched a compliance asset tracking system to help financial-services firms meet regulatory requirements for the disclosure of conflicts of interest between capital markets activities and investment-banking relationships. The Cat solution enables compliance departments to automatically record conflicts of interest. It also provides research analysts with automated disclosures when making investment recommendations and delivers this information to relevant media.

India-based UTI Bank has implemented Credence Analytic's iDeal treasury and risk management solution for its corporate bonds, equity and mutual funds and derivatives investment operations. UTI will interface the iDeal system with Infosys' Finacle core-banking solution. The combined system will be used for pre-deal analytics and transactions and to monitor exposures with a Value-at-Risk module in the middle office. In addition, the solution will handle back-office settlement and reporting.

Register for Wall Street & Technology Newsletters
Video
Inside Abel Noser's Trading Floor
Inside Abel Noser's Trading Floor
Advanced Trading takes you on an exclusive tour of Abel Noser's New York trading floor, where the agency broker known for transaction cost analysis, is customizing algorithms for the buy side, while growing its fixed income trading and transitions business.