Posts Tagged ‘Securities’

NewSmith is using the product for pre- and post-trade compliance with UK market regulations as well as its own internal rules. The implementation took just three weeks, and included the creation of dozens of new rules to enable the system to adhere to NewSmith’s internal guidelines. “It involved a list of internal regulations and guidelines. We went through a process of looking at which regulations ... Full story

Cazenove Capital Management, the asset management business of Cazenove Group Ltd is moving its entire middle and back office to SimCorp Dimension as part of its restructuring into a separate entity, independent from the investment banking business of its sister company JP Morgan Cazenove. “Our previous system, ACT Quasar, was very bespoked and was 20 years old, but it was also heavily reliant on the systems ... Full story

NASDAQ has replaced aging Tandem mainframes used to disseminate market data with Microsoft SQL Server 2005 running on the Microsoft Windows Server 2003 Enterprise Edition operating system. The system runs on two 4-node Dell PowerEdge 6850 clusters. The system supports NASDAQ’s Market Data Dissemination System (MDDS). Every trade that is processed in the NASDAQ marketplace goes through MDDS, and MDDS keeps the official daily record of ... Full story

Credit Suisse First Boston and Relegence have jointly created a new data product, called Relegence Connect, available exclusively to CSFB’s high-end buy-side clients. CSFB’s global head of equity research first conceived the idea for the product, which allows users to link breaking news to proprietary CSFB knowledge about market relationships in real-time. Specifically, the idea came about when Stefano Natella, CSFB’s global head of equity research, ... Full story