Finastra, a financial software applications and marketplaces provider, is collaborating with OpenFin to improve the user experience of Finastra Kondor, a well-established bank treasury management system, officials say. The OpenFin technology is intended to strengthen Kondor “with enhanced workspaces and workflows to drive greater efficiencies and streamline the decision-making process for banks,” according to the… Read More >>
IPC Collaborates with Digital Reasoning & OpenFin
IPC, a trading communication and networking solutions vendor, is working with two cutting-edge technology providers — Digital Reasoning and OpenFin — in an effort to help financial services firms take steps to update legacy IT infrastructures and improve their productivity. The latest collaboration is with Digital Reasoning, an artificial intelligence (A.I.) solutions provider. The new… Read More >>
BMLL Launches Analytics App via OpenFin
A data and analytics vendor BMLL Technologies has launched a desktop application, Derived Data, to offer buy-side end-users access to market metrics created from Level 3 order book data that can be applied to portfolio management. The new analytics application has been designed for the OpenFin operating system, which facilitates desktop interoperability among financial services… Read More >>
ICE Buys the ‘VIX for Bonds’ Index
ICE Buys Merrill Lynch Option Volatility Estimate Index Family Exchange operator Intercontinental Exchange, Inc. (ICE) will be acquiring a family of fixed income volatility indices, including the Merrill Lynch Option Volatility Estimate (MOVE) from Bank of America Merrill Lynch to further help clients manage risk, officials say. “The MOVE Index has a long history of providing… Read More >>
ETFs Added to U.K.’s Investment Association Sectors
ETFs To Be Compared Against IA’s 37 Fund Sectors The U.K. industry group Investment Association (IA) has agreed to let exchange traded funds (ETFs) join the IA sectors, officials say. The IA represents U.K. asset managers and supports British savers, investors and businesses, officials say. The association has 250 members that oversee £7.7 trillion of… Read More >>
AllianceBernstein’s Digital Transformation via the Desktop
A major asset management firm, AllianceBernstein, is finding that the Holy Grail of digital transformation can be kicked off from the desktop. The firm will be applying the operating system and related technologies from vendor OpenFin as a way to facilitate a revamp of the way desktop and web apps interact, officials say. The collaboration… Read More >>
FlexTrade to Apply Corvil’s Analytics to Client Performance
Corvil to Help FlexTrade Users Optimize Executions FlexTrade, a multi-asset execution and order management systems (OMS) vendor, is using Corvil Analytics as a way to improve client performance across FlexTrade’s trading solutions, officials say. The combination will enable FlexTrade to provide clients with Corvil’s machine-time analytics, which allows FlexTrade to identify areas for optimization that… Read More >>
GreenKey Moves to Ease Voice Enabling Trading Apps
GreenKey’s API Available via OpenFin Architecture GreenKey Technologies, which makes voice software with integrated speech recognition for financial services firms, is releasing its voice application programming interface (API) through the plugin architecture of OpenFin, the desktop operating system used by 45 of the world’s largest banks, buy-side and trading platforms. “The move brings the voice… Read More >>
Is Wall Street Ready for Open Source Software?
Open source software and the open collaboration practices that it engenders are quietly gaining ground among software vendors, securities firms and maybe across Wall Street. One of the biggest proponents of OSS movement, the Symphony Software Foundation, based in Palo Alto, Calif., has been consistently pulling market participants into its camp. Known for its support… Read More >>
CFTC Gives Compliance Officers More Time to File Annual Reports
Chief compliance officers at futures commission merchants (FCMs), swap dealers, and major swap participants may have more time to file annual reports because of amendments that the CFTC is proposing for a key regulation. CFTC officials announced on August 9 that it will be publishing in the Federal Register proposed amendments to CFTC regulation 3.3… Read More >>
