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ValueLink, Trace deliver speculative interfacing PREMIUM

Corporate actions workflow and data validation have been merged with the recent announcement that Trace Financial and ValueLink Information Services have worked together to deliver a combined solution to market.

FTN’s head spins round 360 degrees PREMIUM

FTN Financial has selected SunGard Adaptiv 360 for its OTC derivatives trading and settlement activities, primarily focusing on interest rate derivatives. The US broker, a subsidiary of the First Horizon National Corporation, went live in May, having started the project in September 2006.

FI house InterViews for Portia PREMIUM

The first asset management firm has gone live on a new suite based on a combined offering from Thomson Financial and Netik. The US-based fixed income specialist, which cannot be named for contractual reasons, has utilized a newly-created Portia-Netik Adapter to encase the Thomson Portia investment accounting engine with Netik’s InterView data warehousing and data management solution.

UBS live on Ascendis BPM kit PREMIUM

The software being claimed as the first brokerage specific business process management (BPM) set has gone live with its first set of clients, including UBS in the US, STP can exclusively report. Broadridge Financial Solutions’ Ascendis platform has been deployed within UBS, as well as within ADP Clearing and Outsourcing Services, a large US retail firm and another large US institutional brokerage.

EXCLUSIVE: FOFiX launches NAV fraud white paper PREMIUM

We can reveal that FOFiX, the risk management software from Riskdata aimed at the hedge fund community, is about to release a white paper focusing on its new provision to highlight NAV manipulation in illiquid assets. The provision is to be known as the Bias Ratio and is part of the latest release of the software, version 2.8.

Even Spread in Custody Awards PREMIUM

The operational performance of the leading custodians was celebrated last night at the Ninth Annual ISIPS Awards Dinner.

Europeans and Americans share Broker/Dealer Awards PREMIUM

The operational performance of the leading institutional broker/dealers was celebrated last night at the Ninth Annual ISIPS Awards Dinner.

NEWS Buy side gets repo matching first from ICMA PREMIUM

The International Capital Market Association (ICMA) has announced that its trade matching and regulatory reporting system Trax2 is now available to the buy side for repurchase agreements. This marks a significant milestone, according to ICMA, as it the first time that both buy and sell side firms can match and report repo trades using the same system.

NEWS SEC socks it to SOX PREMIUM

The SEC has endorsed the recommendations of its own staff to ease the compliance requirements of Sarbanes-Oxley (SOX). The five SEC commissioners voted unanimously in support of building more leeway into the rules to “eliminate waste and duplication” and “benefit smaller companies,” the commission said.

NEWS Interactive Data to provide ICAP with data for i-Sec PREMIUM

Interactive Data has announced it will supply inter-dealer broker ICAP with a wide range of pricing and reference data for the broker’s new electronic trading platform for securities lending, dubbed i-Sec.