trilium banner March 2012
     

21/09/2011

By Scott Thompson

MarkitSERV is to acquire Logicscope, a provider of post-trade workflow solutions and STP for FX transactions.

Over the last year, the electronic trade processing platform for OTC derivative transactions has been expanding its service to support trade processing and clearing for FX. Logicscope’s TradeSTP trade processing technology and connectivity to more than 60 liquidity providers (banks, brokers, exchanges and electronic crossing networks) and 400 financial institutions will enable it to enhance its FX service offering. In turn, Logicscope’s clients will benefit from MarkitSERV’s global reach and scale and additional workflow functionality.

Jeff Gooch, CEO at MarkitSERV, says: “Logicscope will provide us with significant capabilities. The company’s proven technology is remarkably agile and its low-latency infrastructure and flexible solutions are increasingly in demand. We have been working with the FX industry since October 2010 to provide a complete trade processing solution for market participants. Their complementary technology and comprehensive product suite will enable us to offer the same standards of trade processing, connectivity and compliance to FX market participants that we currently offer for credit, rates and equity derivatives.”

Home     More News


Other stories you may find of interest:

News in brief - September 2010
A round-up by FST

News in brief - March 2011
A round-up by FST

News in brief - January 2011
A round-up by FST

bankers accuity may 2012


six_group

tdwi


FStech Whitepapers
Are We There Yet? Zero-Wait BI for Everyone
This CITO Research white paper, examines the business benefits of enabling users to perform their own data analysis, without making continual demands on IT.
Mobility Is Exploding: Are You Ready?
Mobile business intelligence replaces static information with real-time information, empowering data-driven decisions on the spot. This paper describes use cases to for bringing not just BI, but business discovery, to the front lines of your business.
Single Customer View in Financial Service
This white paper outlines what a single customer view is and what the UK requirements are, why this represents best practice and how it can be advantageous to the business, and the techniques and technologies that will be most effective in establishing and maintaining such an approach.
TATA Consultancy Services - Cloud Computing
Cloud computing is the convergence of virtualization, distributed applications, grid, maturity of enterprise software applications and enterprise IT management.
Genesys. Sustained Management: Changing the Game with Genesys iWD
The article explains how Genesys intelligent Workload Distribution (iWD) has the power to change the game in the contact center space based on new visibility into tracking, reporting, and performance management
Research Study: The Revolution in Self-Service Channels in the Financial Services Sector
This report analyses the growth of consumer self-service channels in key areas of the Financial Services Market
Genesys. Staffing and Workload Management:
Fleshes out the importance of properly managing contact center and back office work, especially through the alignment of employee skill sets.
Genesys. The Importance of Proper Hiring, Training, Career Path Development, Skilling, and Routing
Which explains why it is imperative to implement these factors correctly in the contact center and back office to ensure competent customer interactions.
Dataflux Video

This website is a part of Perspective Publishing Limited, registered in England No 2876166.