Financial Fusion Inc. announced that Self Trade, a European-online broker, has selected Financial Fusion Server as the technology platform for its trading system. Self Trade will use Financial Fusion Server to integrate "Patio," an order-management system and risk-analysis system, as well as to automate the exchange of financial messages. Financial Fusion Server is a multi-protocol, financial-messaging platform that provides enterprise-class STP between internal applications, exchanges and financial institutions.
RIXML.org (Research Information eXchange Markup Language) announced its efforts to facilitate investment-research distribution continues with the addition of OppenheimerFunds, Inc. as a new Steering Committee member, bringing the total to 18, and the appointment of new committee co-chairs for selected committee seats withinthe RIXML organization.
Financial Models Company Inc. (FMC), a provider of technology solutions and services to the investment world, announced the launch of FMCSuite, an integrated asset-management suite built specifically for straight-through processing. FMCSuite was engineered from the ground up to work as an integrated platform for asset-management operations. The common-data model, with "plug and play" components, integrates front-, middle- and back-office environments, giving asset-management firms the power to achieve STP "out-of-the-box."
Barclays Capital, the investment-banking division of Barclays PLC, announced the appointment of Michael McGowan and Ronaldo Lyrio as directors, Latin America, Credit Trading. Mr. McGowan will be responsible for managing the Latin American credit repo book. He comes to Barclays Capital from the Chicago Mercantile Exchange where he was a trader of interest-rate futures. Mr. Lyrio will be trading sovereigns in Latin America and concentrating on Brazil. He joins Barclays Capital from Royal Bank of Scotland (formerly NatWest) where he was senior trader for the Global Emerging Markets proprietary positioning group for three years.
Also, Barclays Capital announced the appointment of Jose M. Barrionuevo as director, Head of Latin America Research. Mr. Barrionuevo will work with the firm's sales and trading teams in the U.S. and Europe in developing their presence in both the dollar-fixed income and Latin American local markets. Based in New York, Mr. Barrionuevo will report locally to John Stathis, head of sales and research, Americas, and globally to Elliot Asarnow, global head of research.