Processing & technology

Option Computers Ltd (OCL), the leading global provider of STP and connectivity feed handling software to the FX markets, has extended their portfolio of products to include DealHub/Conductor, a routing service to settlement and central counterparty clearing services. This is part of the visionary Back to Front approach which allows many back-offices services to be performed immediately upon deal capture.

FINCAD, the leading provider of derivatives analytics, today announced that TwoFour has embedded the latest version of its derivatives analytics library into TwoFour’s global trading system. TwoFour, a leading provider of treasury, FX and cash management solutions, recognized the opportunity to differentiate its client offering with FINCAD’s advanced derivatives analytics.

Brady plc (AIM: BRY), the leading supplier of trading, risk management and settlement solutions to the metals and commodities sectors, has announced today that Standard Bank Plc are the first to use Brady’s new interface to LME SMART (the London Metal Exchange System for Matching and Registering Trades). Using the Brady interface LME member firms are now able to connect directly to the LME’s matching system, which will forward trades to the London Clearing House (LCH) for clearing.

Calypso Technology Inc, a leading global provider of an integrated trading application suite to the capital markets industry, today announced that it has acquired Green River Computing Services Inc., a leading treasury software development firm. Green River’s software product, known as Orbit, will be integrated into Calypso’s existing platform, and Green River’s founder and ceo, Dan Farrand, will be joining Calypso’s Treasury Project Management team as Director, Cash and Treasury Management.

CDO Software, a leading provider of CDO portfolio management tools, today announced that they have expanded into the CLO market and signed up structured finance asset management company, Pearl Diver Capital, LLP. The investment firm will be using the CLO module within the CDO Director™ platform to efficiently manage their CLO funds.

SuperDerivatives, Inc. (SD), the derivatives benchmark and multi-asset front office system, has entered into a strategic alliance with Calypso Technology Inc. (Calypso), a leading global application software provider, to offer an integrated trading and risk application suite to the capital markets industry.

FinRad Inc announced today that it is changing its name to FinlogiK Inc.

“Over the past 10 years, FinRad and its flagship product FinLogic have established a loyal customer base in Quebec. As we extend our reach into the Canadian and US market, we needed to re-brand our image to better illustrate our commitment to our flagship product. FinlogiK encompasses both the former name of our company and the name of our flagship trade management solution", says Jean-Francois Sabourin, ceo.

-Solutions will meet emerging requirements for financial institutions created by new Capital Market Integration Act

Sophis, a leading provider of cross-asset, front-to-back portfolio & risk management solutions, today announced a partnership with KOSCOM to provide a straight through processing system based on RISQUE and VALUE to securities companies as well as banks in South Korea.

Caplin Systems Ltd., the leader in web-based technology for e-commerce in the global financial markets, today announced that - as a result of strong market demand for its single dealer trading platforms - it has increased its headcount by more than 10 percent this year. Since the beginning of 2009 Caplin has secured four new contract wins and three successful customer implementations have gone live.

Xylinq is pleased to announce the release of Xylinq V3.0, a software trading system for high volume Contracts For Difference (Dynamic Swap) trading. Xylinq will appeal to Stock Brokers, CFD Providers, Alternative Investments Managers and Prime Brokers who provide a synthetic financing service to their clients.

The key new features in this release are:

-  Ability to write CFDs on various underlyers such as Equity, Equity related, FX, Futures, Indices and other user-definable products.