Saturday 1st November 2014
slib33
FRIDAY TICKER: OCTOBER 31TH 2014: - The re-election of President Dilma Rousseff on Sunday has important implications for Brazil's Baa2 sovereign rating, as well as for the credit quality of the country's banks, corporations and securitisations, says Moody's. The rating agency says the narrow margin of her victory underscores the challenges she faces as she looks to revive Brazil's lacklustre economic performance - Facebook has reported third quarter results, again showing strongest year-on-year growth in mobile, where daily active users (DAUS) rose by 39% to 703 million, while overall daily users rose 19% to 864 million DAUS - Francisco Partners, a global technology-focused private equity firm, today announced it has completed the acquisition of Vendavo, Inc., a leader in business-to-business (B2B) pricing solutions. David Mitchell, an operating partner of Francisco Partners, will join Vendavo as CEO and lead the company’s worldwide business strategy and operations. Incumbent CEO Neil Lustig will transition into an advisory role with Vendavo. Francisco Partners now has a controlling stake in the Silicon Valley company. The acquisition by Francisco Partners provides additional resources to bolster Vendavo’s aggressive growth strategy, enabling the company to expand sales and marketing while accelerating cloud development. Vendavo completed a record first half of 2014, with nearly 30-percent growth in bookings, and the release of two breakthrough solutions for price and sales effectiveness. Based in Mountain View, Calif., Vendavo provides revenue and price optimisation solutions for B2B mid-market and enterprise companies.Francisco Partners was advised by JMP Securities, and Vendavo was advised by William Blair. Financial terms of the transaction were not disclosed – The International Finance Corporation, or IFC, issued the four-year, triple-A rated bond only to Japanese retail investors, tapping into the growing interest in low-risk investments with a social or environmental focus. The World Bank, has sold several billion dollars in green bonds over the past six years, with proceeds going to help countries and firms cut greenhouse gas emissions and adapt to climate change. The latest offering, Inclusive Business bonds, would finance firms that work with or sell to the 4.5bn people in the world that make less than $8 a day. IFC said while most poor people do not spend a lot individually, as a whole they represent an estimated $5trn consumer market that firms could tap into - NAKA Mobile, a telecoms and technology specialist based in Switzerland, has claimed the industry’s first virtualised evolved packet core (vEPC). Utilising Cisco’s NFV services, NAKA claims it will transform its network architecture, expand beyond Switzerland, and provide its mobile Internet services to customers across the world - The Internet Society and Alcatel-Lucent have agreed to provide support and equipment for the development of the Bangkok Internet Exchange Point (BKNIX). The project will utilise the Internet Society’s Interconnection and Traffic Exchange (ITE) programme and is intended to deliver a stronger and more robust Internet infrastructure for South East Asia.

Fidessa extends Intelligence suite in Europe

Monday, 23 April 2012
Fidessa extends Intelligence suite in Europe Fidessa group plc has launched a number of new services under its Fidessa Intelligence initiative. These include real-time, pre-trade and post-trade analytics services that enable brokers to grow revenues, provide better client service and manage their costs more effectively. http://www.ftseglobalmarkets.com/

Fidessa group plc has launched a number of new services under its Fidessa Intelligence initiative. These include real-time, pre-trade and post-trade analytics services that enable brokers to grow revenues, provide better client service and manage their costs more effectively.

Fidessa Intelligence is a strategic initiative that reflects the challenges of the structural shift in the operating environment for the industry as a whole and especially for sell-side firms, regardless of size. Increased market complexity, unrelenting regulatory change and demands for greater transparency are coming at a time when competitive pressures have never been more intense.

Fidessa's new Intelligence services are designed to work together and connect with other initiatives, including Fidessa's fragmentation and other analysis tools embedded in its buy-side products. It is vital that these firms understand the dynamics of their business and differentiate their services, according to Fidessa. Steve Grob, director of group strategy at the firm says: "Ultimately, our aim is to provide a complete set of interactive buy- and sell-side information services and so empower a truly intelligent Fidessa trading community."



Fidessa Intelligence enables them to identify new opportunities, fine-tune execution activity in real time and independently measure and benchmark their overall trading performance, claimss the firm's official release.

Fidessa has coopted some of its client to outline the advantages of working with its Intelligence services suite. According to John Truscott, head of operations at Liberum, added: "Fidessa's new analysis tools enable us to look at all facets of the execution process and determine where alpha can be preserved. We can quickly identify underperforming orders and adjust to market conditions in real time, as well as monitoring execution strategies and even volumes. As a result, we're able to provide a better, more efficient service for our customers."

Following beta trials, the modules now available in Europe include: Fidessa Trader Intelligence  (opportunity identification); Fidessa Real-time Intelligence (execution consulting) and Fidessa Post-trade Intelligence (trading performance and cost analysis). Fidessa Trader Intelligence is now available in Europe and helps brokers capture, filter and organise a broad range of relevant and actionable data from multiple sources. Traders can better understand their clients' trading styles, patterns and interests, as well as uncover new trading opportunities.

Since the introduction of MiFID, Europe's brokers have struggled to meet their Best Execution obligations in an ever-changing marketplace. Fidessa Real-Time Intelligence, claims Fidessa, helps turn this burden into competitive edge by providing a real-time execution consulting and benchmarking capability. Underperforming orders can be instantly identified and trading strategies adjusted to reflect the dynamic nature of liquidity in today's markets, says the firm.

Fidessa Post-Trade Intelligence provides analysis of execution quality, especially for those firms that have outsourced the execution function to third party brokers. These reports allow them to demonstrate to themselves, their clients and the regulators the effectiveness of their overall execution services. In addition, Fidessa Post-Trade Intelligence helps sell-side firms understand the contribution individual clients and/or trading desks make to overall profitability. Robin Browning, COO at Investec Securities, explains that: "We used to have to calculate the loss ratio manually for each client which meant ploughing through vast amounts of data. Now I have all the information I need in a single report. The post-trade reports provide details of which trades had higher implicit costs so that we're able to identify where we need to adjust the way we trade in the future. This ensures better overall execution services for our clients."

 

 

Related News

Related Articles

Related Blogs

Related Videos

Tweets by @DataLend

DataLend is a global securities finance market data provider covering 42,000+ unique securities globally with a total on-loan value of more than $1.8 trillion.

What do our tweets mean? See: http://bit.ly/18YlGjP

White Paper

Seeking Optimal ETF Execution in Electronic Markets

Seeking Optimal ETF Execution in Electronic Markets

 
pdf Download PDF View all Whitepapers