Northern Trust’s ‘Radar’ Helps with Performance Insight Northern Trust has launched a proprietary reporting tool to help institutional investors gain insights as they track and analyze risk and performance across their portfolios, officials say. The Performance Radar offering is the latest addition to Northern Trust’s Investment Risk and Analytical Services (IRAS) group, and is intended… Read More >>
Eulav Asset Management Integrates OMS for Systems & Partners
The New York-based Eulav Asset Management (EAM) has been live since June with a cloud-based order management system (OMS) from Indata that exploits the FIX protocol for the electronic trading of equity and fixed income instruments and facilitates better integration with trading partners. The Indata iPM Epic OMS, which operates via the iPM Cloud, also… Read More >>
Denali Deploys INDATA OMS for Trading & Compliance
Denali Advisors, a quantitative-based, institutional investment management firm, went live last month with a trade order management system (OMS) and FIX-based electronic trading support via provider INDATA, an implementation for pre- and post-trade securities and compliance operations. The San Diego, Calif.-based firm’s installation of INDATA’s iPM (Intelligent Portfolio Management) Epic OMS is delivered to end-users… Read More >>
Pzena Investment Tackles Data Integration Woes
Pzena Investment Management, a self-described value-oriented investment management firm, is upgrading its systems from vendor INDATA whose new data aggregation support will boost Pzena’s reporting capabilities across platforms, officials say. The key business requirement was to find a way to integrate external and internal data, including large quantities of data. “Among the business challenges was… Read More >>
CFTC Launches NYC-based FinTech Lab
CFTC Wants to Jolt FinTech Innovation U.S. regulator, the CFTC has created a financial technology laboratory, LabCFTC, intended to promote innovation to improve “the quality, resiliency, and competitiveness of the markets the CFTC oversees,” officials say. LabCFTC, which will be located in New York, also exists to “accelerate CFTC engagement with FinTech and RegTech solutions… Read More >>
Indata’s iPM Epic Update Targets MiFID
iPM Epic Uses Big Data Technology Indata, a software, technology and services vendor targeting buy-side firms, has released an update of its iPM Epic software suite that offers “significant functionality enhancements” for the implementation of the Markets in Financial Instruments Directive (MiFID) II. More than 350 changes were made to the iPM Epic software suite… Read More >>
Risk Focus Shifts Regulatory Wares to Subsidiary
Risk Focus Launches ‘RegTek Solutions’ Financial technology vendor Risk Focus has launched RegTek Solutions Inc., a wholly-owned subsidiary that will serve as the new home for the Report-it control and compliance software for global trade and transaction reporting. The Report-it group includes Validate.Trade, Reportable.Trade, Load.Trade and later this year, Reconcile.Trade, Risk Focus officials say. “Moving… Read More >>
Renaissance Investment Management Moves to the Cloud
Renaissance Investment Management, a registered investment advisor with $4.4 billion in assets under management has successfully moved to the cloud in a bid to improve its business continuity and disaster recovery (BC/DR) capabilities, improve application rollouts, security and system performance. The firm’s move to the cloud represents a move from vendor Indata’s Intelligent Portfolio Management… Read More >>
Emerald Advisers Subsidiary Moves to iPM Cloud
A diversified investment management holding company, Emerald Advisers has fully transitioned its Elessar Investment Management subsidiary onto Indata’s iPM cloud platform, reports Indata officials. “Choosing iPM cloud has proven essential to our growth strategy, since it removes the technical obstacles and IT expenditures that firms like ours would typically experience in trying to get remote… Read More >>
ISDA Defines a New Credit Event as Gaia and Numerix Take on EMIR
New Credit Event Part of ISDA’s 2014 Derivative Definitions The 2014 ISDA Credit Derivatives Definitions to come in September will introduce several new terms and a new credit event that would be triggered by a government bail-in of a financial reference entity, according to the International Swaps and Derivatives Association. The version to come in… Read More >>