NYSE Technologies launches level 1 market data consolidated feed
NYSE Euronext's technology arm, NYSE Technologies, will launch a new consolidated feed that provides a real-time, unified view of Level 1 market data, including Best Bid and Offer and Last Sale information on NYSE markets.
The NYSE Best Quote and Trades (BQT) will provide the Level 1 market data from NYSE, NYSE Arca and NYSE MKT, and will include Nasdaq instruments traded on NYSE Arca and MKT.
"We're pleased to bring this new, highly efficient product to the industry, providing market data managers, financial advisors and investment managers access to the most important market information at a much lower cost," said Todd Watkins, vice president, global market data for NYSE Technologies.
Partnership to speed up HTML5 adoption for trade applications
Web trading technology company Caplin Systems Ltd is joining forces with finance-grade technology provider OpenFin to accelerate the adoption of HTML5 for trading applications.
Customers will have access to an integrated tool that combines Caplin Trader, a suite for HTML5 trading, and OpenFin App Desktop, an application container, also known as a server.
It would enable HTML5 applications to run outside the browser, which in some cases are not HTML5 complaint, as if they were installed applications.
"By partnering with OpenFin we can now best cater to those customers who want to run HTML5 trading apps in a local container on the desktop," Patrick Myles, Caplin's CTO, said.
HTML5 is the latest version of hypertext markup language, aimed at supporting the latest multimedia while keeping it easily readable to users.
Lucena Research partners with InsiderInsights for data and research
Investment technology provider Lucena Research will integrate information data and research tools from InsiderInsights to boost its price and event tools.
Lucena's QuantDesk Price Forecaster and Event Analyzer will use the data feed and insider activity scoring from InsiderInsights to boost Lucena's predictive model-based data analytics, giving buy-side clients greater visibility of trading opportunities.
"We believe that a successful quantitative-based investment strategy must include both quality data coupled with computational technology that helps clients extract meaningful and actionable intelligence from that data," said Erez Katz, co-founder and CEO of Lucena.
Transaction lifecycle management tools to hit Brazilian market
Technology service provider BRQ is planning to distribute SmartSteam's Transaction lifecycle management tools across the Brazilian financial services market.
Brazil-based BRQ and SmartStream, a software specialist, are set to provide banks, capital markets firms and domestic cards and payment operations with access to a lists of technologies, aimed at strengthening operational efficiency.
"Banks have very high daily transaction volumes. The information associated with these transactions is subject to rules, and regulators insist on the control of reconciliation of the data as an essential control," Bruno Schmidt, director of BRQ financial services division, said.
"Today, reconciliation is typically handles in a decentralised way, manually or with ineffective automation. This process, in addition to being time consuming, is constantly subject to errors. With SmartStream's secure best-in-class technology, effective control of the data and operations is guaranteed, regardless of the systems involved," he said.
Charles River onboards new Thai client
Charles River Development, a trading software firm, will provide Phatra Securities with its Charles River Investment Management Solution (IMS) to automate its domestic fixed income, equity and money market operations.
The system lets Phatra integrate its portfolio management, order and execution management, performance measurement and compliance monitoring on one system.
"Implementing Charles River IMS was a strategic decision to support local instruments and requirements with one system. Charles River IMS has made us more efficient, reduced our operational risk and delivers flexibility to manage a higher volume of complex investment products for any asset class," said Yuthapol Laplamool, head of private funds for Phatra.
Rule Financial hires Neil Hookway as principal consultant
Rule Financial, a provider of advisory, business consulting, IT and software service services, has appointed Neil Hookway to its team as principal consultant in the Domain Group.
Hookway will work on facilitating the delivery of Rule Financial portfolio of projects to clients, particularly in the regulatory space. He will report to Domain Group head Jim Warburton.
Hookway has over 21 years experience providing consultancy to, and working for, a number of global investment banks across fixed income, treasury, lending and a wide rage of processing functions.
He leaves the Royal Bank of Scotland, where he worked for over three years as global head of their money markets and portfolio investment management IT investment programme.