Cloud computing is hitting paydirt among buy- and sell-side firms in capital markets as firms face increasing cost pressures, compelling them to rethink the unthinkable. The cloud has been rapidly gaining ground over the last year to 18 months, according to research and advisory firm Celent, a division of Oliver Wyman, in its new report,… Read More >>
Markit Lines Up Clients for KY3P Platform
Two Asset Managers Take KY3P Platform Markit, a provider of financial information services and systems, reports that two asset managers — BlueBay Asset Management and Loomis, Sayles & Co. — and a software services company Luxoft are new customers for Markit’s Know Your Third Party (KY3P) platform. The sales for the KY3P platform have been… Read More >>