News
SGX’s new FX platform sees increased NDF trading from US firms
Sef exemption opens door to increased US buy-side interest
S&P tests ‘ChatIQ’ genAI search tool in revamped CapIQ desktop
The new tool is the culmination of integrating recent acquisitions, including IHS Markit, ChartIQ and Kensho.
This Week: EuroCTP, CME/DTCC, State Street, Broadridge and more
A summary of the latest financial technology news.
Snowflake partners with BMLL in another big tech-fintech tie up
The collaboration comes as part of both companies’ desire to eliminate end users’ need for intensive data engineering, as well as costly in-house data storage.
ICE to offer ultra-low latency data between the US and Europe
The offering will run eastward, connecting routes in the US with European markets in London, Frankfurt, and Bergamo.
Vendors under new scrutiny in CFTC due diligence push
The planned cyber resilience regime will force dealers to subject “critical” tech vendors to stricter audits.
Integration looms large for buy-side firms deciding on whether to buy or build
As high-speed trading systems become par for the course, asset managers turn their focus to integration capabilities, according to a new study.
This Week: Nasdaq, ICE, FIA Tech, SimCorp and more
A summary of the latest financial technology news.
Bloomberg rolls out integrated alt data for Terminal users
The initial launch includes consumer spend and foot traffic geolocation data—pre-integrated with all the other data on the Bloomberg Terminal.
This Week: Tradeweb, Microsoft, JPMorgan, Goldman Sachs, and more
A summary of the latest financial technology news.
People Moves: LSEG, Cboe, Northern Trust, LiquidityBook, and more
A look at the past month’s people moves within the tech and data space, including Irfan Hussain (pictured), who becomes LSEG's chief information officer.
SS&C Advent is working towards its cloud evolution
Three years after laying out its cloud roadmap, the vendor is still pushing ahead with the Genesis platform as the foundation.
Six banks team with Expand Research to create data vendor catalog
The initiative aims to help firms better manage the data they already use and to identify and compare alternatives available in the market.
Nasdaq moves second matching engine to AWS cloud
The exchange and its cloud partner are encouraged by the smooth migration so far—and also by capacity and latency improvements from running in the cloud.
Industry divided on whether Europe should delay FRTB
Most bankers prefer to keep to earlier start date, even though it puts continent out of sync with US.
This Week: Quodd/Gryphon; Citi; Danske Bank; Exegy and more
A summary of the latest financial technology news.
Banks call for direct oversight of cloud providers by US regulators
Tri-opoly of cloud vendors “poses systemic risk” to financial sector, say risk managers
Snowflake: Data strategy essential for AI
The cloud data platform provider continues to make investments in data quality and cleansing.
Can FIX fix patchy exchange outage communications?
A FIX working group is hoping to standardize the way that venues communicate with the sell side when markets fail.
Third-party guidance spurs US bank rethink on fintech partners
For conventional vendors, banks say due diligence rules will be the toughest challenge
This Week: TS Imagine/CLSA; MSCI/Burgiss; HSBC/Calastone and more
A summary of the latest financial technology news.
ASX, SGX earnings driven by diversified revenue
After the Chess disaster, ASX focuses on rebuilding confidence, while SGX continues investing in its derivatives business. Meanwhile, HKEx mulls data play.
Terminal velocity: MarketAxess bets on algo trading as electronification of fixed income gathers speed
MarketAxess hopes to bring fresh ideas from other asset classes with acquisition of multi-asset algorithm provider Pragma.
AI in sheep’s clothing? Wolfe Research develops finance chatbot
The bot is trained using financial and ESG data, but won’t replace humans—yet—says the firm.