(Editor’s note: Firms are moving into the second major phase of meeting the requirements of the Foreign Account Tax Compliance Act (FATCA). FTF News spoke to Micah Willbrand, the London-based director, global AML product marketing at NICE Actimize, about the changes firms are making as a result of FATCA compliance. For now, firms have some… Read More >>
Blurred Lines: OTC Reforms for Voice Trading
(Editor’s note: This is the online version of the story appearing in the Fall 2014 edition of FTF News magazine, which will be available on the website later this month. The print edition of the magazine debuted at the SIBOS 2014 conference and exhibition in Boston last week. The event, put on by financial messaging… Read More >>
Markit Launches Chat Room Support Software
Markit, a provider of financial information services, reports the launch of new software and services designed for financial institutions that want to host and manage instant message chat rooms. The new software “gives financial institutions direct access to the content in chat rooms they host, and complete control over information security,” the company says. “Chat… Read More >>
iTB Bolsters Interface for Fixed Income Platform
iTB Holdings, a software vendor for institutional fixed income traders, has upgraded the interface for its iTBconnect platform that allows users to display their bids/offers and inventory to electronic fixed income trading venues in order to improve fill rates, optimize execution prices and maximize distribution, officials say. The iTBconnect platform is used for executing trades,… Read More >>
ICE’s IBA Takes Over ISDAFIX
The International Swaps and Derivatives Association (ISDA) reports that, as of August 1, Intercontinental Exchange’s (ICE) Benchmark Administration Ltd. (IBA) has become the administrator of ISDAFIX, which was established by ISDA and others in 1998 to periodically set swap-transaction rates. ICE’s IBA was chosen in April after a competitive selection process, which began with a… Read More >>
