Tag: Soft Dollars/Trade Execution

State Street Expands Hedge Fund Services Offering

October 14, 2009 (PLANSPONSOR.com) - State Street Corporation has added custody, cash management, and foreign exchange services to its suite of front-, middle- and back-office administration services for hedge funds.

ITG Enhances POSIT Liquidity Solution

March 17, 2009 (PLANSPONSOR.com) - Investment Technology Group, Inc. (ITG), an agency broker and financial technology firm, has introduced POSIT Marketplace, an enhanced offering that combines the existing POSIT liquidity pool with expanded destinations to help clients reach more buyside-to-buyside liquidity.

SEC Charges Merrill With Misleading Pension Clients

January 30, 2009 (PLANSPONSOR.com) - More than a year after launching an investigation, the Securities and Exchange Commission (SEC) has charged Merrill Lynch and two of its former investment adviser representatives for misleading pension consulting clients.

SunGard Enhancing Brass Trading Platform

October 27, 2008 (PLANSPONSOR.com) - SunGard has enhanced its Brass order management and direct market access platform by integrating multi-currency, multi-access trading capabilities and compliance services.

BNY Mellon Enhances OTC Derivatives Processing

August 4, 2008 (PLANSPONSOR.com) - BNY Mellon Asset Servicing announced it has achieved operational readiness for the automated trade capture of over-the-counter (OTC) derivatives through the SWIFT network using the Financial Products Markup Language (FpML) standard.

Morgan Stanley Provides Access to Liquidity

June 2, 2008 (PLANSPONSOR.com) - Morgan Stanley today announced the introduction of NightOwl, a new electronic trading tool that navigates select dark liquidity pools and quoted markets to provide clients with access to the most natural liquidity possible.

Northern Trust Launches Integration Tool to Enhance Trade Communications

May 29, 2008 (PLANSPONSOR.com) - Northern Trust has launched an advanced system integration tool that offers a plug-and-play technology solution, enabling asset servicing clients to seamlessly communicate trade messages and reporting data between their internal front-office systems and Northern Trust's custody systems.

Fidelity, Sungard Introduce New Trading and Custody Platform Services

September 10, 2007 (PLANSPONSOR.com) - Fidelity Investments and SunGard have announced the addition of new services to their integrated trading and custody platform for trust institutions and third party administrators (TPAs), including a directed trustee services program, a payment and reporting program for brokers who support retirement plans, and an online revenue management tool.

ConvergEx Launches Transaction Cost Analysis Platform

June 27, 2007 (PLANSPONSOR.com) - BNY ConvergEx Group, LLC, a provider of global agency brokerage and investment technology solutions, has launched Perform-Ex, a Web-based performance measurement, monitoring and management platform for transaction cost analysis.

ITG Adds Option "Option" to Trading Platform

March 6, 2007 (PLANSPONSOR.com) - Investment Technology Group, Inc., a provider of technology-based trading services and transaction research, has added options routing capabilities to its Radical execution management system (EMS).