German Bank Uses CloudBees Germany’s second-largest bank, DZ Bank has revamped the software development and operations environments that support its trading floor via the offerings of London-based vendor CloudBees, Inc., officials say. The bank is using continuous integration (CI) and continuous delivery (CD) support systems from CloudBees for “the single most important application within the… Read More >>
JPMorgan & Bloomberg Link Custodial Support to OMS
Bloomberg Works With JPMorgan Securities Services Data integration and “frictionless” workflows are the main goals of a new collaboration between JPMorgan’s Securities Services and Bloomberg. The news and market data vendor is working with the services provider business of JPMorgan to offer buy-side firms a new integration that will allow them to work from the… Read More >>
DBS Hiring to Fill 2,000 Posts in Singapore
DBS Also Confirms No-Layoffs Policy The DBS banking group in Asia has just announced that it will be hiring more than 2,000 people in Singapore in 2020, a commitment “to creating and protecting jobs amid pandemic,” officials say. “The announcement follows an earlier pledge by the bank that it will protect the livelihoods of its… Read More >>
IHS Markit Acquires Trade Reporting Vendor
Catena Technologies Becomes Part of IHS Markit IHS Markit, a market data, analytics and solutions vendor, reports that it will be able to offer a solution that integrates transaction reporting with other post-trade and compliance workflows via the acquisition of Catena Technologies, a regulatory trade reporting provider for an undisclosed sum. The combination with IHS… Read More >>
Bloomberg Shouldn’t Fear LSE-Refinitiv Deal: Q&A
(FTF News recently got time with Spencer Mindlin, an Aite Group analyst who focuses on exchange-traded funds (ETFs) and front-office trading technology such as execution and order management systems, market data platforms, and emerging financial technology products. Mindlin answered our questions about the London Stock Exchange Group (LSEG) moving to acquire Refinitiv from a Blackstone… Read More >>
Bloomberg Buys RegTek to Add to RHUB
RegTek.Solutions, a regulatory reporting software solutions vendor, has been acquired by Bloomberg for an undisclosed amount, and will expand the reach of Bloomberg’s Regulatory Reporting Hub (RHUB) suite, laying the groundwork for a combined offering to come during the first quarter of next year. A spinoff of Risk Focus, RegTek.Solutions offers “modular software solutions built… Read More >>
Mobius Embraces Bloomberg for ESG Investment Support
Mobius Capital Partners, an asset manager for emerging and frontier markets, has deployed Bloomberg’s buy-side solutions to help the firm bolster the environmental, social and governance (ESG) concerns of its clients. The ESG criteria represent “a set of standards for a company’s operations that socially conscious investors use to screen potential investments,” according to a… Read More >>
Shell’s Treasury Group Deploys Bloomberg FX Service
The foreign exchange (FX) central treasury business of Royal Dutch Shell is replacing several systems — many of them manual — with an automated platform developed to work with Bloomberg terminals and facilitate end-to-end electronic FX workflows with order audit trails. The new corporate treasury service is integrated with Bloomberg terminals and offers “a simplified… Read More >>
South African Firm to Use Charles River’s IMS
Allan Gray Consolidates Systems via Charles River IMS Allan Gray, a privately owned South African investment manager, has adopted vendor Charles River Development’s (CRD) cloud-based investment management solution, or IMS. Portfolio managers, traders and compliance teams will use the CRD’s IMS to manage assets across such products as segregated mandates and unitized funds, Allan Gray… Read More >>
SmartStream Leads Effort to Fill MiFID II Reporting Gap
To fill a MiFID II reporting gap, Ops vendor SmartStream via its Reference Data Utility (RDU) is working with Approved Publication Arrangements (APAs) to operate a Systematic Internalizer (SI) Registry. The SI chores of MiFID II kick in after a determination is made about the frequency and volume of transaction orders that a counterparty crosses… Read More >>
