Financial Technology News 17 May 2012

Cisco Advances Mobility Strategy With New Enterprise 'Smart Solutions,' Building on Service Provider Offerings and Enabling 'Your Way' Experiences    Cisco (NASDAQ: CSCO) today announced findings from the Cisco IBSG Horizons Study of 600 U.S. IT and business leaders that shows IT is... read more

Allows Treasury and Trading Departments to Manage Compliance and Risk More Holistically, Transparently and Efficiently    Wolters Kluwer Financial Services has announced it can now help U.K. financial organizations more effectively mitigate the risks tied to their trading operations, which have recently lead to... read more

Latest London data centre, LDeX1 signs up for high availability, unlimited capacity fibre Geo Networks Limited (“Geo”), a leading provider of high-performance fibre networks for demanding data users, today expanded its fast-growing data centre community, announcing a significant deal with London Data Exchange... read more

Deutsche Bank sets targets for volumes of EUR 1 trillion every week by the end of 2013 Deutsche Bank has been placed first for the eighth consecutive year in Euromoney’s annual foreign exchange survey with 14.6% of overall market share. This industry benchmark survey result demonstrates the bank’s consistent delivery... read more

Settlement failure rates as high as 10% for equities and 7% for fixed income    A significant proportion of trades still fail to settle on time, despite improvements to clearing and settlement infrastructures globally, according to a new study from Omgeo, the global standard for post-trade efficiency. The value of equity... read more

Brady plc (BRY.L), the leading global provider of trading, risk management and settlement solutions to the energy, metals and commodities sectors, announced today that Freepoint, a physical commodity trading and marketing company, has selected Brady Energy's EU and UK power scheduling solution to handle its power scheduling requirements in... read more

Appointed by Omani Authority as Prime Contractor to lead national project Gemalto (Euronext NL0000400653 GTO), the world leader in digital security, announces it has been appointed by Oman Information Technology Authority (ITA) as prime contractor to secure the country’s eGovernment services. The full solution encompasses... read more

First Derivatives (AIM:FDP.L, ESM:GYQ.I), a leading provider of software and consulting services to the capital markets industry, says algorithmic and high-frequency trading are rapidly increasing in Asian FX markets, following the trends set in equities. First Derivatives released a whitepaper this week looking at FX developments in Asia... read more

Adds Innovative EMS and Financial Apps Store to Leading Risk and Low-Latency Offering   Mantara, Inc., a provider of advanced ultra-low latency trading solutions, has announced that it has acquired UNX LLC, a supplier of innovative broker-neutral EMS technology. High-frequency traders and others can now benefit from... read more

Trip Ray, managing director of SunGard’s Energy & Commodities business, said, “Utilities are in the midst of a transformation; from the emergence of supergrids and renewable energy to continued focus on evolving regulations.  To capitalize on these changes, utilities are looking to introduce innovations in... read more