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Northern Trust has chosen SunGard’s Asset Arena Control Center as the latest addition to the portfolio of SunGard solutions used by the asset servicing and investment management firm. Asset Arena Control Center will help Northern Trust benefit from further operational efficiency by converting complex work processes into electronic checklists and easy-to-read dashboards that help increase automation and improve operational oversight and controls of the firm’s fund accounting and investor accounting activities.

Recognizing investors’ growing needs to gather and manage information flows from multiple sources in order to better react to and anticipate changing market conditions, S&P Capital IQ, a business unit of McGraw Hill Financial, and Kuberre Systems today announced the launch of a new tool for traders, market makers and portfolio managers. The new product, Event Fusion, offers real-time alerts about relevant news and information affecting investment holdings. It draws from disparate data sources, culling out news about events that users deem relevant and providing actionable real-time notifications over a wide range of preferred devices.

Markit, a leading global diversified provider of financial information services, today announced the launch of new software and services that enable banks and other financial institutions to host and manage instant message chat rooms.

McObjectR, developer of the eXtremeDBR Financial Edition database system and related product family, announced that C3S, a Singaporean firm specializing in high-value and mission-critical technology solutions in market segments including finance, defense and electronic government (e-government), has joined McObject as distributor in Singapore, Malaysia, Indonesia and Vietnam.

OptionsCity Software, a global provider of electronic trading solutions for professional futures and options traders, today announced that the firm has completed certification with CME Group’s Market Data Platform (MDP) 3.0.

Tiger Infrastructure Partners (“Tiger”) today announced the signing of a definitive agreement to acquire a majority interest in Hudson Fiber Network (“HFN” or the “Company”). The transaction is expected to close during the fourth quarter of 2014, following customary regulatory approval. Further terms of the transaction were not disclosed.

ConvergEx Group, a leading provider of global brokerage and trading-related services, today announced a dynamic order routing strategy that allows clients to designate a percentage of an order to be sent to IEX, with the remainder going to ConvergEx’s Darkest algorithm, which searches for liquidity among more than 20 other non-displayed venues. ConvergEx is offering this strategy after careful analysis of IEX executions showed that client orders were being successfully protected from latency arbitrage.

Kx Systems, a leader in high-performance database and time-series analytics, today announced it has signed an OEM partnership with FirstBPM, a global provider of business process management integration software. As part of the deal, FirstBPM will deploy kdb+ to greatly enhance the speed and performance of its data analytics processes.

DirectFN, a leading provider of financial market data and technology within the global emerging and frontier markets, launched its browser based market intelligence platform ‘Decypha’ in June 2014. Decypha is targeted at global investors who focus on the MENA region. These global investors extend to fund managers, asset managers, private equity firms, M&A and research analysts who have current or potential exposure to the MENA region.