Tag: Cross/Multi asset

royalblue changes its name to Fidessa

royalblue group, provider of the Fidessa and LatentZero product suites, has today confirmed that, following shareholder approval at its AGM on 24 April 2007, it has changed its name to Fidessa group.

BNY ConvergEx Group and Code Red form equity research alliance

Bank of New York owned agency brokerage firm BNY ConvergEx Group has formed a strategic alliance with Code Red, a research management application vendor, to provide Jaywalk's independent research reports through Code Red's Red Alerts research management system (RMS) and their IdeaNet research distribution hub.

KASB Bank implements Misys Equation across Pakistan

Misys Core Banking announces today that KASB Bank has completed the implementation of Misys Equation across its operations in 12 major cities in Pakistan . The solution, which was chosen over systems from Temenos and Systems Access, will accelerate the growth of KASB’s retail banking business and further enhance its customer relationships across the country, the software firm says.

BNY ConvergEx Group reports commission recapture record high in 2006

BNY ConvergEx Group, a provider of agency brokerage and investment technology solutions, yesterday announced record new client numbers for its commission recapture business in 2006. Globally, 279 new clients entered into commission recapture programs with LJR Recapture Services, up from 217 in 2005, a 29% increase year-on-year. This number represents a record high for LJR Recapture Services since joining The Bank of New York’s affiliate BNY ConvergEx Group (formerly BNY Securities Group) in 2005.

Canadian pension assets top $1 trillion

Assets under management by Canadian pension funds topped the $1 trillion mark for the first time in 2006 thanks in large part to the recent strong performance of domestic and global equity markets.

CalPERS buys quantitative modelling technology from ClariFI

Quantitative portfolio management systems vendor ClariFI says that the California Public Employees' Retirement System (CalPERS) - the largest public pension fund in the United States with assets totalling more than $230 billion - has bought its ModelStation quantitative equities research and management platform.

Patsystems adds charting functionality to its Pro-Mark trading system

Trading systems vendor Patsystems has released an upgraded version of its front-end platform for professional traders. Pro-Mark 3.9 includes new charting functionality, accessible directly from the live quotes screen. The company claims it offers users complete control over their trading preferences, with fully-configurable technical indicators, chart styles and representations including market profile.