The NYFIX Matching platform is declaring that it is the first post-trade matching system to offer integrated messaging because of a new partnership between NYFIX’s owner Broadridge Financial Solutions and communication systems provider Symphony, officials say. The messaging functions are intended to help asset managers and their executing brokers with “compliance, greater transparency, and streamlined… 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 >>