Category: Technology

acquisition
April 09, 2019 BY Valentina Kirilova

Torstone Technology acquires Percentile

Post-trade securities and derivatives processing technology provider Torstone Technology has announced that it has signed a definitive agreement to acquire Percentile. Torstone has recently announced that it has expanded its London headquarters, following a revenue increase of over 50% year on year. The next step in the company's expansion is Percentile' acquisition, giving the firm the…

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HYPE Capital launches a $75m sports tech fund
April 05, 2019 BY Valentina Kirilova

HYPE Capital launches a $75m sports tech fund

HYPE Sports Innovation platform has announced plans for a $75m capital fund. HYPE will leverage from the already generated proprietary deal flow thanks to their global accelerator network hosting over 10,000 sports startups; focusing on eSports, AI, fan engagement monetization, VR, and performance analytics. The fund has already raised warehouse funding and signed the first…

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April 03, 2019 BY Valentina Kirilova

TORA implements its trading and portfolio management system at SIMAG

Institutional trading and portfolio management systems provider TORA has just announced that it has implemented its Order and Execution Management System (OEMS) and Portfolio Management System (PMS) at Systematic Investment Management AG (SIMAG) based in Zurich. TORA has recently launched its TORA Rebalancing tool, which helps asset managers reduce risk and improve workflow efficiencies around…

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EU launches €400M investment fund to enable AI and Blockchain projects
February 25, 2019 BY Valentina Kirilova

Ideal Prediction launches automated monitoring service Scope

Independent trading analysis firm Ideal Prediction has just announced the launch of an automated monitoring service named Scope. Already in production, Scope automatically monitors order and trade activity, analyzing the behaviors of voice traders and trading algorithms in line with the principles of the FX Global Code (FXGC). The Scope service points out potential issues like last look,…

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Mac Users Alert: New CookieMiner malware strain targets crypto accounts
February 06, 2019 BY Valentina Kirilova

Mac Users Alert: New CookieMiner malware strain targets crypto accounts

According to Palo Alto Networks’ Unit 42, a multinational cybersecurity company, a new insidious malware strain, given the name “CookieMiner”, is targeting Mac users in order to compromise their cryptocurrency accounts. The firm noted that: The attack targets cookies associated with cryptocurrency exchanges that include Binance, Coinbase, Poloniex, Bittrex, Bitstamp, MyEtherWallet, and any website having…

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FlexTrade teams up with ACA Technology to provide data on-demand for trade surveillance
February 05, 2019 BY Valentina Kirilova

Sterling Trading Tech teams up with Eventus to monitor trade activity and risk

Sterling Trading Tech (STT), a trading technology company specializing in the RaaS (Risk as a Service) space, and Eventus Systems, the global trade surveillance and market risk platform provider, have just announced that they have formed a partnership. Eventus Systems has integrated the Sterling Cloud-Based Analytics Engine (SRE) into its Validus platform to benefit mutual…

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avelacom
February 05, 2019 BY Valentina Kirilova

Avelacom adds a third PoP in Tokyo

Global connectivity provider Avelacom has just announced that it is opening its third point of presence (PoP) in Tokyo. The new PoP is at the AT TOKYO Premium Colocation Space. Avelacom can now deliver ultra-low latency access and increased reliability to firms trading in Japan's capital markets. Avelacom has recently opened a new office in Singapore,…

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