OpenGamma & IHS Markit Begin Collaboration OpenGamma, which characterizes itself as a margin optimization provider, reports a new collaboration with IHS Markit, which characterizes itself as a provider of critical securities information, analytics and solutions. The vendors are jointly offering a system for mutual clients looking to reduce the cost of margin management. Their offering… Read More >>
DDJ Bolsters Ops via Cloud Version of Portia
Firm Gains Time, Ops Advantages via SS&C Hosting Investment manager DDJ Capital Management has signed on to use the hosted, software-as-a-service (SaaS) version of the venerable Portia system to outsource the creation, maintenance and control of overnight workflows and batch jobs, say officials at SS&C Technologies, the financial IT conglomerate that owns Portia. The SaaS… Read More >>
Citi Settles FX Cartel Charges with South African Regulator
A regulatory body in South Africa, the Competition Commission, has announced a $5.3 million settlement with Citibank N.A. for the bank’s alleged role in a foreign exchange FX trading cartel Competition Commission report that they have “found that from at least 2007, Citibank N.A. and its competitors had a general agreement to collude on prices… Read More >>
