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News & Commentary
Content tagged with Data Management posted in March 2013
BlackBerry Posts Surprise Profit, But Subscriber Base Down
News  |  3/28/2013  | 
BlackBerry reported a surprise quarterly profit on Thursday and said it shipped 1 million of its all-new Z10 smartphones in the period, but the company has yet to convince some investors that its turnaround plan is succeeding.

Omgeo adds Goldman, State Street and DTCC Executives to Board
News  |  3/27/2013  | 
Edward Hazel of Goldman Sachs, Richard Taggart of State Street Investment Management Services and Susan Cosgrove of DTCC Join Omgeo Board of Managers.
Dark Pools: Setting the Record Straight on Operational Transparency
Commentary  |  3/26/2013  | 
Despite spin to the contrary, detailed information is available on dark pools. Sources matter.
Bonaire Software Releases Revport for Invoice Reconciliation
News  |  3/26/2013  | 
The software enables fund managers, fund distributors and fund administrators to simplify and automate the process of reconciling invoices from different intermediaries.
Markit Launches Clearing Certainty Hub for OTC Derivatives
News  |  3/25/2013  | 
Buy side firms, regional banks and other firms that execute OTC derivatives through FCMs will have a consolidated view of available credit among multiple clearing venues.
Citigroup Spinout Napier Park Picks Infrastructure Provider
News  |  3/25/2013  | 
In the wake of its spinoff from Citigroup as an internal hedge fund unit, Napier Park Global Capital chose Options' infrastructure-as-a service offering as its technology platform.
Inside the World's Largest High Rise Data Center
Slideshows  |  3/22/2013  | 
A new 1 million square foot high-rise data center in an old Verizon switching building at 375 Pearl Street opened this week. Here is a view of some of its features -- in pictures.
Captrust Financial Advisors Deploys Linedata Front Office Suite
News  |  3/21/2013  | 
The wealth management firm will manage its institutional equity and fixed income business through Linedata's consolidated platform covering portfolio management, trading, pretrade compliance and reporting.
Options Market Structure: Is it Getting Too Complex?
Commentary  |  3/20/2013  | 
With the number of U.S. options exchanges soon to be 12 by the end of the year, experts are concerned about complexity, fragmentation and rising technology costs amid lower volumes.
Shorter Settlement Cycles Coming to US?
News  |  3/20/2013  | 
The EU's move to T+2 will force the US markets to a shortened settlement cycle (SSC).
Capital Markets Cloud Adoption: Food for Thought or Empty Calories?
Commentary  |  3/19/2013  | 
NASDAQ OMX conducted a survey of 44 capital markets firms and technology providers in February 2013, to determine cloud adoption rates, activity and existing concerns inhibiting adoption.
Regulators Not Prepared for Financial Services Cloud and Mobile Adoption
News  |  3/19/2013  | 
Panelists at ISITC forum discuss the role of social and mobile in the financial enterprise, but lament regulators' lack of guidance.
LME Joins TMX Atrium Community
News  |  3/18/2013  | 
The world's leading non-ferrous metals exchange has become part of TMX Atrium's community, to gain access to investors involved with electronic, multiasset trading.
Should All Foreign Exchange Traders be Welcome?
Commentary  |  3/14/2013  | 
The National Futures Association should carefully consider how it regulates access to markets for individual investors.
Torstone Technology Rolls Out Systems Upgrade for FTT
News  |  3/13/2013  | 
The derivatives software provider said the taxation logic within Inferno has already been applied for the French and Italian FTT and can be adapted on the fly as regulations are clarified and other countries needs are defined.
Best Practices: Hedge Fund Network Security
Commentary  |  3/12/2013  | 
To maximize network and data protection, investment firms should abide by these best practices for maintaining a secure environment.
Options Expands FX Connectivity for Quant Trading Firms
News  |  3/12/2013  | 
In response to customer requests, Options expanded connectivity to global FX markets and brokers from the NY2 and NY4 New Jersey data centers, and also upgraded the fiber route between New Jersey and Chicago.
PT Schroder's to Go Live with Omgeo CTM in Indonesia
News  |  3/11/2013  | 
PT Schroders Investment Management Indonesia will use Omgeo's central trade matching services to communicate trade details with broker/dealer counterparies, while advocating post-trade automation to Indonesian broker community.
Twitter, Social Media are Fertile Ground for Stock Hoaxes
News  |  3/11/2013  | 
Prominent short-seller David Einhorn raised eyebrows last month when he popped up on Twitter to disavow that he had tweeted about Herbalife Ltd.

Global Share Index Hits Highest Since June 2008
News  |  3/8/2013  | 
MSCI's world share index hit its highest level since June 2008 on Friday, lifted by an improving global outlook and prospects of highly supportive monetary policies remaining in place in most major economies.

Traders Bet on Earlier Fed Rate Hike, But QE3 Stays for Now
News  |  3/8/2013  | 
U.S. employers added more jobs than expected last month, boosting expectations the Federal Reserve may raise near-zero interest rates a bit sooner than expected.

Lightspeed Adds Pairs Trading via Chronos Technologies
News  |  3/8/2013  | 
The electronic broker teamed up with Chronos Technologies to offer pairs trading to retail traders and institutions.
Using Big Data to Combat Big Risk
Commentary  |  3/7/2013  | 
How can financial institutions identify traders who are taking undue risks or investment salesmen who are fronting a Ponzi scheme? Andrew Waxman provides some insight.
PHLX Picks BondDesk Prices and ATS for Executing in Treasuries
News  |  3/6/2013  | 
Nasdaq OMX partnered with BondDesk for providing real-time pricing to PHLX's newly launched options on U.S. Treasuries, and member firms will execute in the underlying bonds on the BondDesk ATS.
Will Financial Reporting Standards Help Reduce Compliance Costs?
News  |  3/5/2013  | 
Panelists contend that global financial reporting standards will help banks reduce the tremendous costs of regulatory compliance.
LCH.Clearnet Sees Surge in Buy Side Activity
News  |  3/5/2013  | 
In the run up to Dodd Frank's March 11 deadline for mandatory central clearing,LCH.Clearnet experienced a record month in February, clearing over $22 trillion notional interest rate derivatives for 73 buy-side clients.
The iPhone 6 is On Its Way
News  |  3/4/2013  | 
Will it be bigger? Smaller? Cheaper? Faster? We take a look at some of the latest rumors.
Thomson Reuters Signs Three-Year Eikon Deal with the ECB
News  |  3/4/2013  | 
Agreement sees the European Central Bank (ECB) and 18 participating national central banks across Europe roll out Thomson Reuters Eikon financial markets desktop.
Increasing Tick Size: What Will It Do and At What Cost?
Commentary  |  3/1/2013  | 
Do the benefits of increasing tick sizes outweigh the costs to market participants?
Keeping Faith as Crisis Rumbles Again
News  |  3/1/2013  | 
The global financial crisis is clearly far from over but few long-term investors feel we are back to square one either.

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