Pension funds, public funds, sovereign wealth funds (SWF), superannuation funds, endowments, and life insurance companies want to move away from spreadsheets and internally developed solutions used for portfolio management and asset allocation but IT complexities coupled with a shortage of expertise are thwarting their attempts to complete their digital transformations. This is according to the… Read More >>
How to Navigate Inflation, a Pandemic & War: Q&A
(Trading and risk management teams at global securities firms are facing a perfect storm of rising inflation, the ripple effects of the pandemic, and the Russian invasion of Ukraine. Gil Guillaumey, head of strategy — capital markets at Adenza, recently answered questions from FTF News about these concerns and about the best ways forward amid… Read More >>
Finastra & HCL to Move Treasury to the Cloud
Digital Venture Could End Manual Processes Financial operations systems vendor Finastra is partnering with HCL Technologies and its cloud-native services to offer “treasury management technology in the cloud to smaller banks” based in Northern Europe, North America, India and the Philippines, officials say. “Historically, many banks have been reliant on manual processes for treasury management,… Read More >>
Media Reports Say Misys Owner Mulling IPO
Misys, a 37-year-old banking and capital markets software systems provider, may be entering the public markets again, according to media reports about the matter. In mid-August, The Times of London, citing industry sources, ran with a story that Misys was getting ready to launch a £5.5 billion ($7.3 billion) listing via the London Stock Exchange…. Read More >>
Q&A: Why OpenDoor is Building a T-Bond Trading Platform
(Editor’s note: Trading systems vendor OpenDoor Trading announced last week that it is working closely with high-performance financial technology solutions provider Broadway Technology to hasten the development of a transaction platform for the U.S. Treasury bond market. They are joining forces and “ramping up for an early-Q4 launch” to meeting the demands of institutional investors… Read More >>
EBS and BrokerTec Make Strides in Merging Businesses
EBS BrokerTec, interdealer-broker ICAP’s electronic foreign exchange and fixed income business, has announced that it’s made significant strides in combining the businesses of EBS and BrokerTec since they merged divisions six months ago, officials say. EBS BrokerTec has combined its sales, support and on-boarding teams, allowing “the business to leverage its scale and reach more… Read More >>
IVP’s Cloud to Support Treasury 3.5
Indus Valley Partners (IVP), a solutions vendor for alternative asset managers, has released IVP Treasury 3.5 via the cloud, officials say. IVP Treasury allows managers to track, control and optimize their financing needs across counterparties, including prime brokers and custodian banks. IVP’s solution targets hedge funds that want a better understanding of how to work… Read More >>
SNS Bank Deploys SunGard Platform
SNS Bank, the fourth largest Dutch bank, will integrate SunGard’s market and credit risk functionality into its existing SunGard treasury platform, with the aim of creating a centralized operational framework for credit and market risk management, officials say. “An integral part of its strategy to modernize risk capabilities in these areas, this will help SNS… Read More >>