Credit Suisse US Treasury algo tool added to Bloomberg terminal
Credit Suisse clients now have access to liquidity through its US Treasury algorithmic trading tool on the Bloomberg terminal.
The integration of Credit Suisse Onyx’s liquidity directly into Bloomberg’s fixed income staging and trading blotter TSOX is aimed at allowing clients to trade fixed income as easily as equities, FX and futures.
"Our most advanced clients are asking for smarter and more automated ways to trade with us and we are delighted to be partnering with Bloomberg to provide this," Ryan Sheftel, head of FID eCommerce for Credit Suisse, said.
Bloomberg will offer subscribers access to Credit Suisse Onyx's fixed income-specific algorithms and streaming liquidity that includes pairs, custom butterflies, basis and more.
"Through this collaboration with Credit Suisse, Bloomberg provides market participants an integrated solution to access a bank's Treasury bond liquidity pool," Ben Macdonald, Bloomberg's global head of product, said.
Tanuja Randery joins BT Global Services
BT has appointed former MarketPrizm CEO Tanuja Randery as president of strategy and marketing for BT Global Services.
Randery will be responsible for driving growth and transforming the agendas of the division. She will report to CEO Luis Alvarez.
Randery joins BT from Colt Group, where she worked for the past nine years, most recently as CEO of MarketPrizm, a global trading infrastructure and market data company.
Before Colt, Tanuja was vice-president of strategy at EMC Corporation, after seven years with McKinsey as a consultant specialised in high-tech, sales and marketing.
CGD pick SunGard to grow Brazilian trading business
CGD Securities has selected SunGard’s hosted Valdi Market Access tool to help grow the firm’s business by improving access to Brazil’s financial markets.
CGD, a Brazilian division of Portugal’s Caixa Geral de Depósitos, is a brokerage service firm, providing research, sales and sales trading for equities and derivatives.
The firm plans to use Valdi not only to connect to BM&F Bovespa markets, but also to improve its trading operations by taking advantage of a hosted solution.
“Our ambitious development plans required CGD Securities to look for the right solution that combines a high level of local expertise and a strong overall knowledge of international financial markets,” Alexis Arldt Camara Machado, IT superintendent, CGD Securities, said. “SunGard’s Valdi Market Access provides CGD Securities with a fully hosted solution, allowing us to focus on growing our business.”
Fidessa’s Angie Walker and Ian Salmon move to ITRS
ITRS Group has appointed Angie Walker as global head of sales and Ian Salmon as global head of business development as part of its global expansion strategy.
The performance monitoring and management technology provider believes the new appointments are core elements in the next phase of the company’s global growth. Walker and Salmon previously held senior positions at trading solution provider Fidessa.
“The need for greater controls, driven by regulatory and compliance changes as well as reputational and operational risks, are putting organisations under enormous pressure,” Walker said. “ITRS is in an excellent place to offer the tools which help meet these challenges.”
The ITRS Geneos product set provides services to the financial sector, from managing risks and providing advanced visibility and greater reliability of systems, to helping reduce latency.
Electra and Eagle form strategic alliance
Eagle Investment Systems will now offer clients Electra Information Systems’ management solution as a result of a newly formed alliance.
Software solution provider Electra’s tool for data acquisition, transformation and normalisation, billing and revenue management, and post-trade messaging will be offered to Eagle’s global buy-side clients.
The agreement also covers other products, including RecCollect DataPIPE, Quantum and ACTioN.
Rich Robins, vice president, Eagle said: “Increasingly, financial institutions are demanding game changing technology that allows them a competitive edge in the market.
“By aligning with Electra, an established and trusted player to the buy-side, we are able to achieve our core mission and deliver best in class solutions to our clients.”