Share |


Itochu Enex, a major Japanese energy provider, extends its technology outsourcing with SunGard's Valdi and Stream Clearvision ASP Services to help operate its front-to-middle office technology platform. The agreement will also provide infrastructure for their commodities hedging business line in Asia-Pacific. With SunGard's hosted trading workstations, market access and middle office ASP account reporting services will remove the burden of operating and maintaining their commodities hedging platform. Itochu Enex will be better able to focus on its core business and provide increased value and expertise to its clients.

Lucera Financial Infrastructures today announced the launch of LumeFX, its technology platform built to address the unique networking and liquidity challenges in the global FX spot market. LumeFX consolidates fragmented FX trading onto a single platform, using an adaptive smart order router (SOR) to identify liquidity and facilitate high-quality, and efficient executions. LumeFX runs on Lucera’s high-performance infrastructure providing rapid connectivity to the FX spot market, reducing clients’ infrastructure costs and improving performance, and reliability of their trades.

Azul Systems (Azul), the award-winning leader in Java runtime scalability, today announced that the Zing runtime for Java is fully certified with the Redline Trading Solutions platform. Designed for ultra-low latency market data and order execution, the Redline Trading platform now supports Zing for its customers that want to develop trading strategies in Java while ensuring highly consistent, low-latency execution for trading equities, options, futures and FX.

ADVA Optical Networking announced today that Vtesse is using the ADVA FSP 3000 with advanced encryption technology in a new enterprise service. Called Optical Secure, the new service is focused upon enterprises with specific needs to ensure the integrity and privacy of mission-critical data. Available throughout the U.K., Optical Secure supports multiple protocols, including Fibre Channel (FC), InfiniBand and Ethernet. It's this wide range of protocol support that is vital to Vtesse and its customers. ADVA Optical Networking is currently the only vendor that is able to offer such a feature. The encryption technology is available across line speeds ranging from 1Gbit/s to 100Gbit/s.

Linedata, provider of global solutions to the investment management and credit finance industries, today released a major new version of Linedata Longview for Asset Managers, raising the standard in front-office workflow, compliance and risk management. The award winning platform for global asset managers offers a unique, integrated global approach to portfolio management, trading and compliance, this latest release provides enhanced portfolio management tools and workflows, expanded execution management tools and analytics, streamlined allocation tools and advanced compliance monitoring.

In preparation for the rationalisation of the post trade and clearing systems of the London markets of NYSE Liffe (including Clear) and ICE Clear Europe, ICE has determined that it will only retain/operate a single trading and single clearing technology. Consequently, ICE will undertake a migration of post trade and clearing processing for NYSE Liffe products from the existing NYSE Liffe platforms comprising UTP (Universal Trading Platform and Bclear) and UCP (Universal Clearing Platform) to the ICE Trading and Clearing Platforms.

EBS, ICAP's market-leading electronic FX business, announces today that it has appointed Paul Allmark as Global Head of e-Commerce Solutions. Paul will join the EBS Executive Management team and report to CEO Gil Mandelzis.

Hudson Fiber Network (HFN), the leading U.S.-based transport and IP services provider, announced today its launch of the fastest route between 300 Blvd East, Weehawken, NJ and 755 Secaucus Road, NY4, Secaucus, NJ. The new route is delivered via wireless RF technology through HFN’s exclusive partnership with ULL Networks.

Fonetic, the leaders in voice recognition and linguistics analytics for the financial services sector, has today announced the creation of Fonetic USA, a fully operational New York-based entity. The Madrid-headquartered firm, which has successfully delivered its industry-leading Linguistics Voice Platform to financial organisations including Banco Bilbao Vizcaya Argentaria (BBVA) and Santander Group, is now actively seeking US-based customers. Fonetic USA will be led by Simon Richards, previously VP Global Sales & Marketing, Fonetic.