Citisoft commences its 15th evaluation of alternative investments systems for the buy-side

Citisoft, an investment management consulting firm, yesterday commenced its 15th evaluation of systems on behalf of alternative investment clients in the UK (onshore and offshore), Europe and the Far East. Citisoft has conducted evaluations of various systems for buy-side clients including hedge fund and fund of hedge fund managers, alternative investment divisions of traditional asset managers, private equity managers and hedge fund and fund of hedge fund administrators.

Seventh Wave Systems joins

Seventh Wave Systems has joined, a consortium of buy-side, sell-side and vendor firms committed to the development and implementation of the first open standard for investment research, as an associate member.

Kx Teams with Detica to deliver market monitoring solution to FSA

Kx Systems, a provider of streaming and historical data and analytics, and Detica, a business and technology consultancy, have announced that the Kx kdb+ database will be a core component of SABRE II, a market monitoring solution created by Detica and selected by the Financial Services Authority (FSA) to help it combat market abuse by trapping insider trades and identifying other illegal activities as they occur.

Instinet appoints new senior officers

Instinet, a wholly-owned subsidiary of Nomura Holdings, has appointed Fumiki Kondo and Anthony Abenante as co-chief executive officers, Thomas Vogel as chief financial officer and Kevin Farrell as chi

Misys increases senior executive numbers

Misys, a software and solutions company, has created three new senior positions in its treasury & capital markets business in the Americas. They will deliver the company’s new strategic objectives in that region, including a fresh drive into the Latin American market and the creation of a new services and consulting business, the firm says.