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 >>
Northern Trust via CDCC Directly Clears Canadian Derivatives
Northern Trust to Take Part in Expanded CDCC Program Northern Trust Canada officials have announced that they launched a direct clearing of cash and repurchase agreement (repo) trades for fixed income securities through an expansion of the clearing model of the Canadian Derivatives Clearing Corp. (CDCC), officials say. In addition, Northern Trust reports that it… Read More >>
Paladyne Hires from a Rival as Calypso Names HR Head
Paladyne Hires from Eagle Investment Systems Investment management solutions provider Paladyne Systems has hired Paul Cucurullo from rival Eagle Investment Systems to be its senior director of sales, overseeing the vendor’s offering for long-only asset managers and investment advisors, officials say. In addition to working for Eagle, a subsidiary of BNY Mellon, Cucurullo was a… Read More >>