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News Archives
2010
NASDAQ OMX to Acquire FTEN
December 15, 2010
December 15, 2010
Dec. 15, 2010 (GLOBE NEWSWIRE) -- The NASDAQ OMX Group, Inc. (Nasdaq:NDAQ) has agreed to acquire FTEN, Inc. (FTEN), a leading provider of Real-Time Risk Management (RTRM) solutions for the financial securities market. Financial terms of the deal were not disclosed.
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FTEN Receives Patent for its Financial Data Processing System
Finance Tech, August 18, 2010
Finance Tech, August 18, 2010
The technology provides real-time cross-market risk management and surveillance at a time when regulators are pondering new mandates for sponsored and naked access.
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FTEN Wins Patent for System to Manage Marketwide Risks
Automated Trader, August 18, 2010
Automated Trader, August 18, 2010
FTEN, Inc. has announced that it has received a patent for its technology which provides real-time cross-market risk management and surveillance for electronically traded securities via aggregation, normalization and analysis of real-time 'drop copies.' The U.S. Patent & Trademark Office awarded United States Patent No. 7,778,915 for FTEN's "Financial Data Processing System" effective today. The patent was initially filed and published by FTEN in 2003.
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FTEN and TickLab Pitch Solutions for SEC Audit Trail Vision
A-Team Group, August 18, 2010
A-Team Group, August 18, 2010
The Securities and Exchange Commission’s (SEC) call for comments on a consolidated audit Trail (CAT) did not deliver a deluge of responses, but two significant letters from FTEN and TickLab argue fervently for a solution based on commercially available technology rather than the SEC’s proposal of bespoke development. They indicate that such development that could take years to build at a cost of US$4 billion and a further annual cost of US$2.1 billion.
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People in Risk Jobs "to Benefit from New Patent"
Astbury Marsden, August 18, 2010
Astbury Marsden, August 18, 2010
A new patent received by FTEN for its cloud-based technology that offers real-time cross-market risk management will be a real boost to the sector, the organisation has claimed.
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FTEN Granted U.S. Patent for Real-Time Risk Managements Cloud
Finextra, August 17, 2010
Finextra, August 17, 2010
FTEN, Inc. (FTEN) today announced that it has received a patent for its technology which provides real-time cross-market risk management and surveillance for electronically traded securities via aggregation, normalization and analysis of real-time 'drop copies.'
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FTEN Wins Patent for System to Manage Marketwide Risks
Securities Technology Monitor, August 16, 2010
Securities Technology Monitor, August 16, 2010
The U.S. Patent & Trademark Office is expected to award a patent Tuesday to a financial technology firm for a cloud computing system that allows securities firms and, potentially, regulators to manage market-wide risks up to the millisecond, without adding any delay to transactions as they are executed.
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There's More Than One Way to Skin a Cat
Waters Technology, August 13, 2010
Waters Technology, August 13, 2010
Earlier this week, market access provider FTEN filed a comment with the SEC suggesting that the regulator should look to off-the-shelf technology that is already being used in the industry rather that constructing an expensive bespoke offering.
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Computing Cloud Seen as Answer for Consolidated Audit Trail (CAT)
Securities Technology Monitor, August 10, 2010
Securities Technology Monitor, August 10, 2010
A supplier of risk management software to bulge bracket firms on Wall Street has proposed that the Securities and Exchange Commission rely on real-time data stored in a nationwide cloud of computing power and networks to create an effective audit trail of stock market activity.
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Flash Crash Lessons Learned
Waters Technology August 4, 2010
Waters Technology August 4, 2010
Now that the dust has settled after the extraordinary May 6 ‘Flash Crash’, Victor Anderson catches up with FTEN’s Valerie Bannert-Thurner to discuss how technology can help guard against future crises.
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