Stephen Friend of Daiwa Capital Markets talks with Finextra about the growth of its synthetic prime brokerage business. The bank plans on hiring 300 additional staff for its equities and derivatives business in Hong Kong alone.
Norkom Technologies has today announced that it has signed a deal with Daiwa Capital Markets Singapore Limited, a leading global investment bank, bolstering Norkom's position in the Southeast Asian financial crime and compliance marketplace.
Syncova Solutions, the specialist provider of margining and financing solutions to the Prime Broker and Hedge Fund markets, has signed a new client in Daiwa Securities SMBC Europe, the European arm of leading Japanese investment bank Daiwa Securities SMBC Co Ltd.
In recent years, OTC derivatives markets such as the interest rate and credit derivatives markets have continued to expand both domestically and internationally.
Information Mosaic, a global provider of advanced custody and wealth management solutions to the investor services industry, has appointed Kevin Magee as Chief Operating Officer.
CheckFree, now part of Fiserv Inc. (NASDAQ: FISV), a leading provider of information technology services to the financial industry, today announced that Daiwa Securities SMBC Europe Limited (Daiwa) has completed its migration to TRAX2 through the successful expansion of its CheckFree TradeFlow™ capabilities to efficiently manage the flow of securities transactions. The project utilized the CheckFree structured implementation methodology to achieve delivery by September's mandatory migration deadline. Daiwa, an investment bank headquartered in London, now has a messaging hub that provides a 'single window' of all trades enabling Daiwa to reduce its operational risk.
NEC Corporation today announced that Daiwa Securities Group Inc. has received delivery for the first phase of what will be the Japanese financial industry's largest company-wide, thin client system.
Chicago-based Trading Technologies says Japanese owned broker Daiwa Securities and France's BNP Paribas Commodity Futures have both acquired global licences for its dealing software.
Japan's Daiwa Securities SMBC is implementing Thomson Financial's investment banking desktop product. The Canadian vendor has also released a Japanese language version of its desktop package, One.
CheckFree Corporation (Nasdaq: CKFR) today announced that Daiwa Securities SMBC Europe Limited (Daiwa) has extended its use of CheckFree TradeFlow, CheckFree's post-trade securities transaction process management solution.
© Finextra Research 2013