R.J. O’Brien & Associates (RJO), the venerable futures brokerage and clearing firm founded in 1914 and based in Chicago, reports that veteran institutional grains broker Richard Mayhew has joined its affiliate R.J. O’Brien (UK) Ltd. as senior vice president, head of grains and oilseeds, EMEA. “With more than 35 years of experience in grains in… Read More >>
Fenergo’s New COO from Adobe
Fenergo, the Dublin, Ireland-based provider of client lifecycle management software for investment banks, capital market firms and private banks, reports the appointment of Colm Heffernan as chief operating officer (COO). Industry-veteran Heffernan joins Fenergo from Adobe Systems, “where he spent 15 years in a variety of senior roles,” according to a statement. Most recently, he… Read More >>
Torstone Module Targets International Trade Flow
Torstone Technology released in time for the Sifma Ops 2015 conference “a lightweight instance” of its flagship post-trade securities and derivatives processing system, Inferno, that can be used as a complementary add-on for managing international transactions, says Jonny Speers, global head for sales and business development for the back-office systems vendor. The Inferno system supports… Read More >>
What is the ROI for Regulatory Compliance?
Today, April 15, is the day when all Americans get a taste of what it’s like to comply with a regulatory deadline. This is the day that all personal income taxes are due to the Internal Revenue Service (IRS). Of course, extensions can be requested but every American is required by law to pay taxes…. Read More >>
Ergon Picks One Tick Data Management Platform
OneMarketData, a Hoboken, N.J.-based provider of software and data for the financial industry, reports that Austin, Texas-based Ergon Capital Management, which builds market technology solutions and quantitative trading models, has picked OneTick, OneMarketData’s flagship product, as its tick data management platform, tracking and analyzing price changes as a security is traded. OneTick’s “analytical tools will… Read More >>
Liquid Holdings Updates Key Products
Cloud-based investment management solutions vendor Liquid Holdings has rolled out new several new features, such as portfolio analytics reports and redesigned dashboards, for its LiquidMobile and LiquidTrade products, officials say. LiquidTrade is the vendor’s broker-neutral order and execution management system, while LiquidMobile is a web-based portfolio and risk analytics application, officials say. The new features… Read More >>
Etrali Appoints Two Managing Directors
Etrali Trading Solutions, a communication and turret services integrator for trading, has named Brad Gorton managing director of the United Kingdom and Ireland and Paul Klebinder managing director of France and Italy. Both men report directly to CEO Lionel Grosclaude. The new appointments are meant to “to showcase global growth and support expansion plans across… Read More >>
Knight’s Former CCO Joins OTC Markets Unit
OTC Link ATS, a wholly-owned subsidiary of financial marketplace OTC Markets Group, has appointed Michael T. Corrao as its chief compliance officer (CCO). Corrao held the same post at the former Knight Capital Markets, officials say. In his new role, Corrao will be responsible for “all aspects of the firm’s broker-dealer compliance program and will… Read More >>
Swiss Firm Deploys Collateral Management Solution
European wealth and asset manager Banque Pictet & Cie SA has gone live with capital markets software vendor Calypso Technology’s collateral management solution, officials say. Banque Pictet will use Calypso’s platform to “consolidate all collateral activities across its many businesses on a single platform,” according to the vendor. The platform is a “standalone, centralized collateral… Read More >>
CFTC Launches Fraud Awareness Campaign
April is Financial Literacy Month, and for its part the CFTC is urging Americans to look into the background of their financial professionals, officials say. By highlighting the regulator’s SmartCheck.gov tool with an awareness campaign dubbed (SmartCheck Week), the CFTC aims to increase awareness of both the tool itself and the importance of due diligence… Read More >>
