The foreign exchange (FX) industry has been tight-lipped since North America transitioned to a shorter settlement cycle a little over a month ago. However, more light is being shed on the operational workarounds buy-side firms deployed to meet the deadline. Though concerns about FX liquidity and pricing prior to the transition have not necessarily materialized,… Read More >>
CloudMargin Launches “FlightPlan” for Uncleared Margin Regs
CloudMargin Site Features Interactive Tools CloudMargin, a London-based vendor of web-based collateral and margin management solutions, has just launched what it says is an interactive “FlightPlan” microsite to help firms “navigate the uncleared margin rules and other regulations impacting their collateral management function,” officials say. The microsite, designed by Eight Arms, offers interactive digital tools… Read More >>
OpenLink Hires Ex-President of SunGard Global Services
OpenLink Hires Ex-President of SunGard Global Services OpenLink Financial, a trading and risk management software vendor, has appointed the former president of SunGard Global Services for the Americas Doug Wendler to be executive vice president (EVP), America’s Energy, effective as of July 30, officials say. Wendler left the SunGard post last year and was a… Read More >>