Back office
Confluence & StatPro: A Sign of the Buy-Side Times
Confluence has a big job ahead integrating StatPro’s various analytics tools.
Confluence Buys StatPro
For £161.1 million, Confluence has purchased StatPro. Both companies stand to gain more global clients, and users can expect new products meant to alleviate pain points felt by the buy side.
SimCorp to Allow Buy-Side Clients Plug-and-Play Access to Start-Ups
The Danish vendor is looking to partner with fintechs to allow for buy-side firms to benefit from minimal integrations and to reduce contractual barriers.
Battle Bots: Charting AI’s Next Phase in the Back Office
Financial services firms are deeply entranced with artificial intelligence (AI), yet the revolution is under pressure as the industry continues to become more educated and selective about it. Recent research data from WatersTechnology and SmartStream…
Kooltra Launches Cloud-Based Back-Office Tool for FX Market
The first rollout of the offering is geared toward smaller and new brokers looking to outsource their back-office tech.
Torstone Buffs Middle-Office Bona Fides with Percentile Buy
Torstone will add a risk management component to its post-trade platform through its acquisition of the vendor.
The Change Manager: Fabrice Silberzan, BNP Paribas Asset Management
Fabrice Silberzan is playing a key role in the transformation of BNP Paribas Asset Management. With his background working across different cultures and various roles, from IT to securities and HR, the opera-loving Frenchman has a lot of lessons to share…
Banorte Digitizes Risk Operations
One of the largest financial institutions in Mexico is digitizing core risk and compliance functions to consolidate operations, reduce reconciliation costs and future-proof its IT infrastructure.
Tibco Releases Spotfire X Analytics Platform
Spotfire X is a business intelligence analytics tool that allows users to view historical and low-latency data after any condition, in a single interactive environment.
STP: Shedding the Leftover Inefficiencies
The age-old problem of achieving straight through processing remains a challenge for some buy-side firms today. But time is running out.
FlexTrade Adds IPP Platform to EMS
The interoperability platform will enable clients to have access to real-time data sharing and improve workflow collaboration.
SimCorp to Open Tokyo Office
Vendor sees the Japanese market moving towards more high-yielding strategies.
Storebrand AM Completes Move to SimCorp Dimension
Norway’s largest private asset manager finalizes the last leg of its technology consolidation project.
AIM and West Highland Partner for EDM Solution
Combined product provides access to a variety of reference data to enable faster, more accurate decisions.
ITI Capital Integrates Torstone’s Post-Trade Platform
The middle- and back-office infrastructure will manage multi-asset post-trade operations and enable scalability.
Northern Trust Pushes Forward with Private-Equity Blockchain
Two firms are already live on the platform, with another three soon to be up and running.
Fintech Fever Grips M&A with Fidessa Acquisition Offer
Temenos looks set to snap up the London-based vendor with a billion-pound deal as 2018 becomes white-hot for mergers and acquisitions.
AFTAs 2017: Best Technology Executive: Buy Side—Mike Urciuoli, JPMorgan Asset & Wealth Management
JPMorgan Asset and Wealth Management (AWM) CIO Mike Urciuoli wins this year’s best technology executive (buy side) award, commanding a technology budget of over $1 billion. After taking the reins at AWM in 2014, Urciuoli embarked on a period of radical…
AFTAs 2017: Best IT Integration Initiative—Cowen
When Cowen announced that it was acquiring Convergex in April 2017, it was looking for a swift close to the deal—in just three months, the agency broker would become a full part of its new parent, renamed and rebadged to reflect that change. For CIO Ann…
Artificial Intelligence: From Winter to Spring
AI is experiencing a renaissance, but some are concerned that it could carry hidden risks.
Buy-Side Technology Awards 2017: Best Fund Administrator—SEI
The solution was produced for and with the cooperation of client-firm CTOs