G2 FinTech, provider of the TaxGopher tax analysis and compliance software, and Advent Software, maker of Geneva portfolio management system, are joining forces to help prime brokers comply with Phase 3 of the cost-basis reporting (CBR) tax requirements of the Internal Revenue Service. New CBR rules have been taking effect over the past two years… 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 >>
PIMCO’s New Portfolio Manager from Moore Capital
Pacific Investment Management Company, a global investment management firm headquartered in Newport Beach, Calif., and better known as PIMCO, reports that it has hired Mohsen Fahmi as managing director and generalist portfolio manager. Fahmi will focus on global fixed income assets and will report to Mihir Worah, deputy chief investment officer, according to a company… Read More >>
