Espirito Santo Securities, the largest listed Portuguese bank, has selected Ullink, a provider of trading software and services, to provide connectivity, order management and pre-trade risk software. The bank is currently in production using UL Bridge, Ullink’s low latency connectivity platform providing normalisation, translation and connectivity to an extensive list of regional and global exchange points.
Espirito Santo Securities is also in production using UL Iris, Ullink’s pre-trade risk management software with connectivity to BOVESPA and BM&F markets. In addition, the bank has enhanced its client offering using Ullink’s business monitoring and technical monitoring screens to offer the most cultivating care order services to its clients.
Rui Marques, head of Brazilian equities and head of sales at Espirito Santo Securities, said: “The speed, flexibility and normalisation of Ullink’s connectivity platform were the key components in choosing UL Bridge, which will provide low latency capabilities and pre-trade risk management to our major network worldwide.”
A report by broking group Marsh examines the repercussions from the administration of the South Korean company, which filed for bankruptcy protection at the end of August.
Global research by C2FO suggests that smaller businesses are less concerned with the repercussions of Brexit and the upcoming US presidential election.
A squeeze on skilled talent means it now takes an average of seven weeks to fill open permanent roles in finance in the UK according to new research from financial services recruitment firm Robert Half.
Early-stage merger and acquisition deals in Asia-Pacific show nearly 10% year-on-year growth in recent months.