TORA wins single provider mandate from boutique asset manager Zennor
The selection follows the news of TORA’s planned acquisition by London Stock Exchange Group (LSEG).
Technology
GAM Investments integrates Bloomberg solutions to simplify risk and portfolio management
The asset manager will use the suite of buy-side solutions to manage market risk exposure and liquidity and investment risk.
Northern Trust enhances tool to improve transparency in the investment analysis process
The firm’s improved Investment Analysis module of its Front Office Solutions platform will increase data capacity, improve performance, and offer more flexibility and visualisation for custom reporting.
New EMS from ION seeks to simplify fixed income trading
Developed for both the buy and sell-side, The TRADE can exclusively reveal the launch of ION’s new fixed income execution platform.
LedgerEdge appoints former Nex Markets chief executive in strategic advisory role
New advisor at LedgerEdge previously served at Nex Markets, BrokerTec, ICAP, and currently serves as the chairman of the board at Tradefeedr.
Major banks and analytics provider launch Octaura electronic trading platform
Venue will launch for loans first, with a collateralised loan obligations (CLO) trading venue to follow and with plans to expand to other products in the credit market later.
Instinet to acquire FIS algo trading business
FIS originally acquired the business in 2015 through its acquisition of SunGard.
Buy-side ramps up adoption of aggregation tools as consolidation continues
Jefferies’ head of electronic and program trading for EMEA, Ben Springett, tells The TRADE that increasingly large firms are unintentionally competing with themselves.
Northern Trust and Commcise collaborate to bolster outsourced trading
The move will provide buy-side participants with web-based tools to manage research and commission budgets.
CMG launches new ECM platform connecting the buy- and sell-side
New platform looks to eliminate inefficiencies associated with analogue communications which have been used in the past.