SS&C Technologies Holdings, Inc., a provider of financial services software and software-enabled services, reports that Samuel D. Eckelmann has rejoined the Windsor, Conn.-based company, where he was previously managing director, as vice president, strategic software development. The software architect and consultant is a 30-plus-years veteran, and has “performed numerous engagements for the world’s top financial… Read More >>
Compliance Science Names David Eisner to Board
Compliance Science, a provider of governance, risk management and compliance solutions, has appointed David Eisner to its board of directors, officials say. Eisner is a financial services industry veteran, who, at separate times in his career, founded and was CEO of TheMarkets.com and of iExchange.com, according to a vendor statement. “Previously, he held the positon… Read More >>
Wolters Kluwer Taps Daiwa to Fill EMEA Post
Professional services vendor Wolters Kluwer has hired Paul Lyon from Daiwa Capital Markets, the investment banking arm of Japan’s Daiwa Securities Group, to fill the newly created role of director of corporate communications for Europe, the Middle East and Africa (EMEA), officials say. Lyon will be based in London and asked to “develop and execute… Read More >>
SIX Financial Hires Industry Vet Phil Lynch
Industry veteran Phil Lynch is the new global head of markets, products and strategy, at SIX Financial Information, confirm officials at the market data and services provider, based in Zurich, Switzerland. “Mr. Lynch is part of SIX. He actually started working for SIX Financial Information yesterday, April 1,” says a company spokesperson in an email… Read More >>
ISDA Pushes for Centralized Trading Rules
The International Swaps and Derivatives Association (ISDA) has published a “set of principles aimed at promoting regulatory consistency in the development and application of centralized trading rules for derivatives,” according to a company statement, the latest step in the industry group’s efforts to get regulators and firms on the same page when it comes to… Read More >>
Glass-Steagall Redux?
First, I know that the name of Elizabeth Warren, the U.S. Senator from Massachusetts, makes Wall Street’s collective blood boil. In fact, blood pressure levels must be rising this week as Warren makes the rounds again in part to promote the paperback version of her book “A Fighting Chance.” In interviews on TV and radio,… Read More >>
Gresham Computing Takes On Transaction Reporting
City of London-based Gresham Computing plc, a provider of transaction control solutions, reports the launch of Clareti Transaction Control (CTC) Transaction Reporting. The CTC Transaction Reporting solution allows a financial institution to “verify and validate that trades reported to trade repositories comply with the requirements of regulations for eligible trades under Dodd Frank, EMIR, REMIT,… Read More >>
Ex-NYSE CEO Joins Tera as Advisory Director
Tera Group, the parent company of the TeraExchange derivatives trading platform, reports the appointment of former New York Stock Exchange CEO Duncan Niederauer as an advisory director. In that capacity, Niederauer will “provide the firm with strategic advice and insight on growth strategies,” according to a Tera statement. “In addition, he will participate in select senior-level client… Read More >>
Uncleared Swaps Get a Reprieve on Margin Requirements
When regulators recently extended the deadline for the margin requirements on uncleared swaps from Dec. 1, 2015 to Sept. 1, 2016, they gave firms some breathing room, but also sent the clear message that the rules aren’t going away. Firms active in the swaps markets are breathing a sigh of relief, but that shift should… Read More >>
Regulatory Compliance Tops List of Ops Burdens
A white paper from financial messaging and systems cooperative SWIFT finds that regulatory concerns tower over other operational challenges for the buy side in 2015. Research commissioned by SWIFT also shows that buy-side firms are grappling with automation and financial crime compliance initiatives. The findings came as a result of survey and are offered via… Read More >>
