The selection follows the news of TORA’s planned acquisition by London Stock Exchange Group (LSEG).
The asset manager will use the suite of buy-side solutions to manage market risk exposure and liquidity and investment risk.
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.
Developed for both the buy and sell-side, The TRADE can exclusively reveal the launch of ION’s new fixed income execution platform.
New advisor at LedgerEdge previously served at Nex Markets, BrokerTec, ICAP, and currently serves as the chairman of the board at Tradefeedr.
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.
FIS originally acquired the business in 2015 through its acquisition of SunGard.
Jefferies’ head of electronic and program trading for EMEA, Ben Springett, tells The TRADE that increasingly large firms are unintentionally competing with themselves.
The move will provide buy-side participants with web-based tools to manage research and commission budgets.
New platform looks to eliminate inefficiencies associated with analogue communications which have been used in the past.