FIX Protocol Ltd (FPL) has launched FIXwiki, a new Web site that will provide a comprehensive view of the FIX specification. It will enable representatives from FPL Member firms to actively contribute additional information, provide comments and share knowledge and
Quartet FS, a specialist provider of business intelligence and analytics technology, has doubled its licence revenue for the year ending December 2010 for the second year in a row. The company has experienced strong growth through global sales of its
Davis Polk is advising BATS Global Markets, Inc. in connection with its acquisition of Chi X Europe Limited. The transaction, which is expected to close in the second quarter of 2011, is subject to certain regulatory approvals. The financial terms
The model is based on four Business Divisions (Financial Institutions, Corporate & P.A., Central Institutions and Network Services) and is designed to achieve the objectives set out in the 2011 2013 Strategic Plan The new organization also includes an Operations
Algorithmics announced that its client, Scotia Capital,has won the Best Counterparty Credit Risk Initiative award. Scotia Capital was formally recognized for its joint Credit Value Adjustment (CVA) project with Algorithmics at the American Financial Technology Awards (AFTAs) in New York.
This week Al Gores Generation Investment Management LLP, which invests in socially responsible companies, has plans to invest $500 million in economic, social and environmental sustainability in Asia, according to people briefed on the plan. Last week the UK Coalition
BlueWave Technology announces the companys flagship claims management system for property casualty insurance companies, PipelineClaims, has been recognized in a recent report published by Celent, a Boston based research and advisory firm specializing in financial services, as modern, intuitive, and
SWIFTs Accord matching system is celebrating 20 years of successful operation. An application in the cloud‟ operating long before the buzzword was invented, Accord began matching treasury confirmations on 17 December 1990. Today, almost 500 customers central banks, commercial banks,
Finantix was awarded Best of Show at Finovate 2011. The event took place in London this week. Thirty six companies from all over the world were invited to demo the most innovative financial technologies available on the market. Finantix showed
The London Stock Exchange today marked the first anniversary of the launch of its Order book for Retail Bonds (ORB). Since February 2010 the ORB, designed specifically for private investors, has seen significant growth in both the number and range