Thomson Reuters increases OMS data functionality
Thomson Reuters had added new tools to its DataScope Workflow License (DWL) that includes a series of technical indicators that can be built in to order management systems (OMSs).
Phase one of the DWL will give clients access to a range of indicators to support OMS workflow for equities, futures and options, while phase two will include fixed income assets.
“We understand that people are seeking cost effective pricing, reference as well as technical indicator data to power specific front- and middle-office workflows and our new licence is positioned to meet these needs,” said Kate Toumazi, global head of front-office, enterprise content at Thomson Reuters.
BNP Paribas to use CameronTec for buy-side FIX connectivity
FIX infrastructure and connectivity solutions provider CameronTec will provide its Catalys product for BNP Paribas Securities Services as a client connectivity hub for buy-side clients.
The Catalys system will be used by BNP Paribas Securities Services as part of its client facing FIX Trading Hub within its dealing services division to provide connectivity and straight-through-processing.
“Liquidity, market access and managing client flows efficiently are of utmost importance to dealing services, and BNP Paribas has selected multiple integrated products within the Catalys solution suite to ensure optimal connectivity through a standardised protocol,” said Michel Balter, sales director, EMEA at CameronTec.
Trading Technologies launches multi-broker solution
Clients of derivatives trading software and solutions provider Trading Technologies can now enter orders from a single API and send them to selected brokers through a DMA network over the firm’s new MultiBroker ASP solution.
Traders can also transition between brokers when routing orders directly to major futures exchanges through the company’s TTNET hosting solution.
“The response from both our by-side and sell-side clients has been incredibly positive and we look forward to working closely with them on deployment,” said Harris Brumfield, CEO of Trading Technologies.
London Data Exchange selects Perseus Telecom exchange platform
The London Data Exchange (LDeX) will offer London-based trading firms connectivity over the Perseus Telecom global exchange platform for low-latency financial markets connectivity and co-location.
LDeX co-located clients will have on-net presence of a dedicated financial markets platform provided by Perseus to see market data ticks at low-latency.
“Our data centre relationships are core to our value proposition, and by working with LDeX we are able to collaboratively meet the high demands of our most mission-critical customers,” said Andrew Kusminsky, COO, Perseus Telecom.
TriOptima launch new OTC derivatives counterparty credit risk
Derivatives back-office technology provider TriOptima will provide a new counterparty credit risk analytics service for OTC derivatives. The new triQuantify service will be integrated to triResolve, the firm’s counterparty exposure management system.
The new service will be powered by software from Global Valuation and will include risk metrics including credit value adjustment, potential future exposure and funding value adjustment.
“We anticipate that many types of institutions with OTC derivative portfolios will find triQuantify meets both broad and specific risk modelling requirements,” said Per Sjoberg, CEO of TriOptima.