Northern Trust Adds Four to Digital Consulting Group Northern Trust has appointed Benjamin Bobroff to head its new digital solutions consulting group, which is in its asset-servicing business development division. Northern Trust also has made three other senior appointments intended to support the “continued strategic focus and investment in digital innovation,” according to a prepared statement. The three will… Read More >>
Voters Reward Disruptive & Established Providers via FTF Awards
NEW YORK CITY — A mix of disruptive and established technology providers have made the winner’s circle of the FTF News Technology Innovation Awards (the FTF Awards), which Financial Technologies Forum (FTF) is revealing today. For instance, for the Best Artificial Intelligence (A.I.) Initiative, the winner is Synechron while TCS BaNCS and its Quartz effort… Read More >>
Deutsche Bank Clients Using LCH CDSClear
First German Bank to Use CDSClear Deutsche Bank is the first German bank to offer its clients clearing via CDSClear, and asset management firms MEAG and Union Investment are clearing European and U.S. credit default swap (CDS) instruments via global clearinghouse group LCH. “Offering clients access to LCH CDSClear will provide them with more… Read More >>
SmartStream & Numerix Partner to Ease IM Requirements
Two Vendors Focus on Noncleared OTC Derivatives SmartStream Technologies, a post-trade systems and services provider, and Numerix, a risk technology vendor, report an agreement intended to better support end users in complying with the International Swaps and Derivative Association’s (ISDA) standards governing margin requirements for non-centrally cleared derivatives. In order to facilitate the over-the-counter (OTC)… Read More >>
FTF Awards Q&A: Regulatory Uncertainty Ahead
(Editor’s note: In this Q&A, Steve O’Hanlon, CEO of Numerix, reviews some key trends and events of 2016, and looks forward to the rest of this year and beyond. For the road ahead, O’Hanlon foresees a lot of regulatory uncertainty, which will complicate many matters. Numerix won the Best Pricing or Valuation Solution award of… Read More >>
Australian Firm to Use Eagle Platform for Data & Performance Management
QIC Moves Away from Global Custodian QIC, the Australian investment fund for the Queensland government, will be using cloud-based data management and performance measurement solutions from Eagle Investment Systems, which marks a move away from a global custodian that had been providing outsourced data and performance measurement functions. The firm, which has A$81 billion in… Read More >>
FTF Announces 2017 Award Winners
Financial Technologies Forum (FTF) has just announced the winners in its awards competition for post-trade securities operations, which turned out to include a nod to the emerging technology of blockchain/distributed ledger technology (DLT). Approved industry participants and a not a panel of judges selected the winners for the 2017 FTF News Technology Innovation Awards, reports… Read More >>
Numerix to Expand Wares via TFG Acquisition
Pricing and quantitative risk analytics vendor Numerix’s acquisition of TFG Financial Systems will create opportunities for Numerix to increase its buy-side coverage via expanded offerings that stretch across the front-, middle- and back-office. The combination of each vendor’s offerings will yield new support for middle- and back-office operations, says Steve O’Hanlon, CEO of Numerix, in… Read More >>
Vendors Prepare Solutions to Help with FRTB Capital Requirements
Capital requirements for many financial services firms will be changing because of the forthcoming fundamental review of trading book (FRTB) process, courtesy of the Basel Committee on Banking Supervision (BCBS). The capital regulations via the FRTB will serve as the next big step in compliance after the recently delayed push for the Markets in Financial… Read More >>
Numerix Targets Basel III Capital Calculations
Numerix Expands Oneview Risk Application Numerix, a vendor of cross-asset analytics for derivatives valuations and risk management, has just released a solution that is an expansion of its Oneview Risk application to help banks comply with the Basel Committee’s regulatory requirement for Counterparty Credit Risk (SA-CCR) Capital in time for the January 2017 implementation deadline,… Read More >>
