Union Bank of Taiwan selects Calastone’s TDCC service

Union Bank of Taiwan selects Calastone’s TDCC service


Taiwan/Hong-Kong/London – Union Bank of Taiwan has become the second distributor to sign up with Calastone through the new Taiwan Depository & Clearing Corporation (TDCC) fund service.

This announcement follows last month’s implementation of Far Eastern International Bank on Calastone’s TDCC service with 10 offshore fund houses distributing in Taiwan including Aberdeen, Alliance Bernstein, Barings, Fidelity, JP Morgan Asia, Pinebridge, Schroders, Old Mutual and Threadneedle.

Mr. Hann-Tsau Tsai from Union Bank of Taiwan said, “We pride ourselves in constantly making sure we find the most efficient and cost effective systems for our clients and we are pleased to choose Calastone for their award winning global fund transaction network. Calastone was the obvious choice for us, given their outstanding offshore Fund manager and transfer agent coverage and their proven track record in automating fund transactions globally. We have been impressed with the way they have smoothly handled the implementation and roll-out of Far Eastern International Bank with ten Fund managers on the TDCC network and we look forward to working with Calastone and all our Fund manager partners to maximize offshore fund automation rates and enhance our service levels to our clients.”

Union Bank of Taiwan has also selected Calastone for their real-time order management system (EMS) delivered in Mandarin and providing transparency over fund order statuses and confirmations, as well as their dedicated Mandarin speaking production and client servicing team based in Hong-Kong and London and covering Asian and European business hours.

Sebastien Chaker, Head of Asia for Calastone said, “With several million manual orders being processed annually, Taiwan is the top automation priority for our Global Fund manager clients and in response Calastone has made significant investments in technology and human resources to tailor our service for the Taiwan market. Our Asian and European based client service and implementation teams have been coordinating and working hand in hand with Taiwan distributors, the TDCC, Fund managers and their respective transfer agents to ensure a smooth transition to a fully electronic dealing environment in Taiwan. We are now looking forward to enabling the Union Bank of Taiwan on our global fund transaction network, while at the same time adding additional offshore Fund managers to remain ahead of the game in Taiwan and deliver one hundred percent offshore funds coverage for distributors selecting our service.”

Forbes Covers TradingScreen’s Cloud-Based Order Management, Risk & Compliance

Forbes Covers TradingScreen’s Cloud-Based Order Management, Risk & Compliance


Adding to the recent great coverage which ran last week, TradingScreen CEO Philippe Buhannic was profiled in Forbes by contributor Tom Groenfeldt, discussing how it provides its comprehensive front-office to Linear Investments, covering order management, execution management, risk, and compliance.

“TradingScreen CEO Philippe Buhannic, said the cloud system can be operational in a day, compared to six to 18 months for similar functionality installed at a client site. TradingScreen has built EMS, OMS and portfolio management  along with compliance and risk management, all in a single system, all developed in-house, he added.

“‘The other offerings are built through acquisitions which have a different code base; it is fairly innovative for us to build all this into one single system.’

“‘Persuading buy-side firms that a cloud-based front office system is the best way to go has been difficult at times,’ he added.

“’What helped is we have been doing this for a long time, 14 years, and before that at Credit Suisse,’ he explained. The company operates data centers around the world so it can meet the demanding requirements for pre-trade compliance, he added. It has four data centers in North American, three in London and one each in Sao Paolo, Singapore, Hong Kong and Tokyo.”

Click on the link to read the article in its entirety: TradingScreen Runs Order Management, Risk And Compliance In The Cloud.


FlexTrade leverages OneTick to add enhanced analytics to EMS Platform


First Published Monday, 15th April 2013 from Automated Trader : Automated Trading News

Offers integration of OneTick’s capabilities with FlexTRADER’s strategy servers, advanced analytics and signal generation

New York – OneMarketData has announced that FlexTrade Systems offers integration with OneTick, a single solution for complex event processing and historical and real-time tick data, to enhance FlexTRADER, its execution management system. By incorporating OneTick’s analytics capabilities into its EMS, FlexTrade users can employ a single platform to provide market insight.

OneTick’s CEP capabilities enable FlexTrade users to generate trade signals and develop strategies based on real-time and historical data. FlexTRADER will also tap OneTick’s historical database to store tick data as well as trade data for real-time and post trade analysis across asset classes, including equities, foreign exchange and listed derivatives.

“FlexTrade is committed to continuously evolving our platform to meet the growing needs of our clients,” said Vijay Kedia, President & CEO, FlexTrade. “OneTick empowers FlexTrades’s clients with powerful, proven analytics to efficiently and effectively create, test and implement quantitative strategies from one central platform.”

“Financial firms today are under increased pressure to develop and execute sophisticated quantitative trading strategies that can quickly discover untapped alpha in these volatile market conditions,” said Richard Chmiel, senior vice president at OneMarketData. “OneTick’s unique ability to draw on both real-time and historical data will give FlexTRADER users the advanced analytics they need to generate the superior trade alerts and signals they need to keep them ahead of the competition.”

Richard Chmiel, senior vice president, OneMarketData

Richard Chmiel, senior vice president, OneMarketData

“OneTick’s unique ability to draw on both real-time and historical data will give FlexTRADER users the advanced analytics they need to generate the superior trade alerts and signals they need.”

Pine River Capital Management Selects Flextrade For Global Multi-Asset Trading Solution : Deploys FlexTRADER EMS To Handle Equities, FX, Options & Futures

FlexTrade Systems, Inc., an international leader in multi-asset execution and order management systems, today announced Pine River Capital Management has globally deployedits FlexTRADER EMS to facilitate trading for equities, FX and listed derivatives.

via Pocket http://www.mondovisione.com/media-and-resources/news/pine-river-capital-management-selects-flextrade-for-global-multi-asset-trading-s/ February 19, 2013 at 04:31PM

ConvergEx to sell Eze Castle Software and RealTick to TPG

Eze Castle Software, which provides global order management and related investment technologies, and RealTick, a multi-broker, cross-asset electronic execution platform, will operate under the name Eze Software Group.

via Pocket http://www.finextra.com/News/FullStory.aspx?newsitemid=24467 January 23, 2013 at 07:09PM

Futures Algorithms Directory Add Your Company – Download Directory

via Pocket http://advancedtrading.thewallstreetwiki.com/directories/companies-listing/index.php?directory=Futures%20Algorithms December 31, 2012 at 02:59PM

ConvergEx Completes Acquisitions of RealTick and LDB Consulting

ConvergEx Group said today it completed its acquisition of RealTick, electronic execution platform from Barclays Bank PLC. In addition, the company said it has completed its acquisition of LDB Consulting Inc. Financial terms were not disclosed for either transaction.

via Pocket http://www.advancedtrading.com/ems-oms/228901611 December 31, 2012 at 02:59PM

FlexTrade Partners with BM&FBovespa

The partnership will also include a new FlexTrade data center co-located at the BM&FBovespa to provide traders with a high performance, low latency order routing and execution path for equities and futures listed on the exchange, according to the companys release.

via Pocket http://www.advancedtrading.com/ems-oms/229000372 December 31, 2012 at 02:59PM

TradingScreen Adds Full Coverage of Brazilian Market

Execution management system provider TradingScreen, which had been looking to expand its Brazilian offering, said BM&FBovespa authorized it to provide direct market access to clients through a data center in Sao Paulo.

via Pocket http://www.advancedtrading.com/ems-oms/229402874 December 31, 2012 at 02:58PM

CZ Capital Switches to Paladyne

CZ Capital, a London-based long/short hedge fund manager, has implemented Paladyne FastStart as its fully-hosted front- to back-office solution, replacing its incumbent system Linedata Beauchamp, according to todays announcement.

via Pocket http://www.advancedtrading.com/infrastructure/229402255 December 31, 2012 at 02:58PM

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