New website directory developed for investors
A new marketplace has been developed allowing investors to find and connect with financial technology suppliers and, and market and consultancy services.
Diliger.com aims to be a one-stop-shop for investors, replacing old directories. Christian Bower, head of marketing at Diliger.com, said investors using the service should save money and time.
“Our sourcing portal helps resource constrained investment professionals ratify requirements specifications,” he said.
“Clients can identify the suppliers of the products and services they need with precision and develop shortlists for deeper evaluation.”
Corvil launches real-time operational risk and compliance monitoring solution
Monitoring platform provider Corvil has released a real-time risk and compliance monitoring tool for electronic trading systems.
The tool can be used across all asset classes and integrated into existing infrastructures, and is available through the CorvilNet platform.
According to Corvil, the tool solves the growing need for better control over high-speed electronic trading systems, as a result of system glitches. It provides continuous compliance monitoring and delivers data capture of trading activity that can be used in off-line analysis and reporting.
“By providing us with critical data analytics on an automated basis, the new release of CorvilNet greatly aids the compliance and performance monitoring of NYSE Euronext’s US markets,” Bruce Lee, group chief information officer at NYSE Euronext, said.
Tullett Prebon to provide Reuters with Indian bond data
Tullett Prebon Information will provide Thomson Reuters with Indian bond data, giving customers access to intraday pricing and price curves.
The agreement involves usage rights across the whole of Thomson Reuters for around 400 debt instruments, including government and corporate bonds, commercial paper and certificates of deposit.
“This is a rather unusual dataset on an up and coming market. India’s bond universe is traditionally regarded as opaque, but this has to change as it grows and matures,” Andrew Reeve, head of Asia Pacific, Middle East and Africa at Tullett Prebon Information, said.
“Given the current period of market volatility, as well as the dearth of prices from the banks, transparency is needed more than ever. This is where we come in, with our ability to provide accurate, independent, and relevant intraday data.”
Redline low-latency ticker plant connects to Japan exchanges
Redline Trading Solutions now connects to leading Japanese equity exchanges run by the Tokyo Stock Exchange (TSE) Group, SBI Japannext and Chi-X Japan for its Redline InRush 3 Ticker Plant product.
In total, the ticket plant will provide data on the TSE, Fukuoka, Nagoya and Sapporo exchanges, SBI Japannext’s Day, DayX and Night venues and Chi-X Japan.
“The Japanese equity markets have a clear need for state of the art market data delivery, given increased volumes and volatility and rise of competitive trading venues, and upcoming decimalisation by TSE,” said Mark Salabrin, CEO of Redline Trading Solutions. “The improved pricing accuracy and order tracing insights that result form our ultra-low latency technology will enable higher rill rate and profits for automated trading strategies in Japan.”
Asset Control appoints CEO
Financial data solutions firm Asset Control has appointed Richard Petti as CEO.
Petti joins from WEMA Environmental Technology, an environmental compliance software firm where he held the role of COO. He has worked with leading financial services and regulatory compliance firms, including nine years with SunGard Data Systems.
Asset Control was acquired in August by Marlin Equity Partners and helps firms manage market and reference data for portfolio valuation, risk management and regulatory compliance needs.
Petti will be based in the firm’s London office and replaces Dean Goodermote who held the position of interim CEO during the transition.
EE launches mobile voice recording
Telephone network provider EE has launched its Mobile Voice Recording service that can ensure all mobile calls made by financial traders are recorded transparently to help firms meet new regulatory standards. The service can also store text messages sent from devices using BlackBerry Enterprise Service 10.
The new service complies with Financial Conduct Authority mobile trading regulations. The recordings can be stored on private cloud infrastructure operated by voice recording specialists Etrali Trading Solutions and accessed through a secure online portal, or streamed directly to financial institutions’ dedicated storage systems.
“Mobile Voice Recording has the potential to be a real game-changer for the industry,” Robert Powell, global head of compliance for Etrali, said. “Users get a normal mobile call experience. Compliance departments can easily recover calls and use advanced analytics in downstream systems to meet increasing regulatory requirements."