Vinci Partners, a Brazilian asset manager, has signed on as a client of Eze Software Group to implement the vendor’s order and execution management systems, Eze OMS and RealTick EMS, to streamline workflows across the investment lifecycle, vendor officials say. As part of the deal “Vinci Partners will build electronic connections to third-party execution providers… Read More >>
Private Equity Firms Beset by IT Woes: SunGard Report
The private equity industry sees some bright spots in its future, but higher-ups are clear-eyed about the difficulties “mounting pressure on fees, costs and the amount of information provided,” might pose going forward, according to a new survey out by financial software and systems vendor SunGard. The report, “Global Private Equity Report 2015: Insights, Relationships… Read More >>
Promotion in SEC’s Office of Market Supervision
The SEC has promoted John C. Roeser to the post of associate director and deputy head of the office of market supervision in its division of trading and markets, officials say. Roeser, who assumed the new post immediately, has been an assistant director in the office of market supervision since 2005 and played a key… Read More >>
CME Clearing Europe Fills CEO, COO Posts
CME Clearing Europe, CME Group’s European multi-asset clearinghouse, reports the promotion of Tina Hasenpusch to CEO. She will replace Lee Betsill, who will be returning to CME Group’s Chicago headquarters as managing director, global clearing operations, CME Clearing. “Hasenpusch will be responsible for continuing to grow the business and will work with customers to address their… Read More >>
PageFreezer Bundles Social Media Compliance for Small Firms
PageFreezer, a Vancouver, British Columbia-based software-as-a-service (Saas) provider of website and social media archiving solutions, has unveiled new website and social media compliance bundles intended for financial services firms with fewer than 100 employees. The bundles simplify Financial Industry Regulatory Authority (FINRA) and SEC compliance for financial services firms by automatically archiving websites, blogs and… Read More >>
Q&A: ‘NRI to Up Sales Outside Japan to $1 Billion’
The new president of NRI Holdings America Yasuki Okai talks about the company’s North American push.
Narrative Science Unveils Solution for Wealth Managers
Automated financial reporting software maker Narrative Science has released a new wealth management solution, called Quill Portfolio Review, officials say. The new solution aims to “bridge the gap between the millions of people who need customized financial reporting and the overwhelming amount of data analysis, interpretation and communication skills required to deliver it,” according to… Read More >>
The Ongoing Woes of FCMs
Derivatives expert John P. Needham, president of Needham Consulting, alerted us more than a year ago at Financial Technology Forum’s DerivOps Chicago conference in April 2014 to the fact that 10 futures commission merchants (FCMs) are handling 75 percent of U.S. customer segregated funds…
ETFs Picking Up Steam: Report
With liquidity drying up in the cash market, fixed income exchange-traded funds (ETF) have emerged “as an alternative product that allows investors to navigate an increasingly difficult market environment,” according to a new report by market research firm TABB Group. As evidence, TABB cites the fact that assets under management in corporate bond ETFs have… Read More >>
Citi’s McKenna to Serve as Head of Standards for GLEIF
The Global Legal Entity Identifier Foundation (GLEIF) has appointed Karla McKenna as its new head of standards, effective immediately, officials say. McKenna, a well-known specialist in financial standards, will be responsible for “facilitating the development and implementation of GLEIF standards and leveraging international standards from organizations such as the International Organization for Standardization (ISO) to… Read More >>
