Data
BNY Mellon CDO: ‘Transformational’ data-centric model tackles data quality issues
BNY’s Eric Hirschhorn says processes—not just the data itself—need to be examined, and points to a data-centric approach.
Court thwarts exchanges’ petition to head off market data threat
The DC appeals court has denied a petition to void a rule that seeks to bring competition to the US consolidated tapes.
Goodbye datacenters, hello cloud: Fidelity’s asset management arm goes all in on AWS
The firm has migrated nearly 99% of its trading applications to the cloud and is on track to sunset all on-premises datacenters.
Man Group revamps data science platform to tackle data deluge
The London-based investment manager spent four “long and intense” years rewriting its data science platform, Arctic.
People Moves: Deutsche Börse, Talos, Gresham, Tradefeedr, and more
A look at some of the key people moves from this week, including Shannon Johnston (pictured), who joins Deutsche Börse as chair of the supervisory board's technology committee.
Is an EMS an exchange? Vendors alarmed by scope of Reg ATS amendments
Some industry participants are worried that proposed amendments to Regulation ATS could see the trading perimeter expanded to include a wide array of messaging systems.
This Week: Deutsche Bank/FinLync, State Street/Paxos, Glue42/AllianceBernstein & More
A summary of the latest financial technology news.
Charles River adds AWS to build out multi-cloud strategy
The vendor is also using Microsoft Azure and is rolling out a new Ibor product in the cloud.
In the world of financial data, context—not content—is the new king
For years, the mantra of the market data world has been ‘content is king.’ But with trading strategies now more dependent on being able to see the big picture, the value of context could quickly overtake the data itself.
Reg ATS: SEC 'bowing to public pressure' in reopening proposal
The US markets regulator has extended the comment deadline on a proposal to regulate Treasuries venues after it faced a storm of complaints from the public and financial industry.
SEC warned that alt data is rife with due diligence risks days before Thinknum crisis emerged
Only proper due diligence on datasets and the companies providing them will safeguard alt data consumers from similar risks in the future.
Bloomberg’s Aim-Port integration highlights broader industry interop push
The data giant is creating tighter back-end interoperability between its buy-side platforms and using APIs to connect with other third-party providers.
People Moves: HKEx, FCA, Clear Street, and more
A look at some of the key "people moves" from this week, including Prerak Sanghvi (pictured), who joins Clear Street as vice president of engineering.
This Week: Goldman Sachs, MSCI/MarketAxess, Cboe/ErisX, & more
A summary of the latest financial technology news.
People Moves: TP Icap, Nasdaq, CFTC, and more
A look at some of the key "people moves" from this week, including Mark Govoni (pictured), who joins TP Icap as the chief executive officer of its agency execution division.
Plaintiffs in Cusips lawsuit argue the codes aren’t copyrightable
Firms file “aggressive” motion to have legal case resolved early, saying Cusip’s operators and owners have no basis to charge for the codes.
This Week: Ice, SS&C/Morningstar, Deutsche Börse/DataBP, RBC & More
A summary of the latest financial technology news.
Gensler calls for enhanced US bond market transparency
SEC chief advocates shorter Trace reporting delay, public dissemination of Treasuries trades
Waters Wrap: Snowflake’s cloud plans and what they mean for the interop movement
Upstart Snowflake hopes to be the global data network that brings true interoperability between data and trading platforms across the capital markets. Anthony says it’s an audacious plan, but one worth watching.
This Week: FIS/Microsoft, Bloomberg/MSCI, Higo/Tora, & more
A summary of the latest financial technology news.
Market data plans revive proposals to move odd lots onto Sips
Consultation on democratizing odd lots data closes next week, but more solutions to order protection concerns may be needed.
Collaborating to innovate: Franklin Templeton builds out internal/external fintech programs
The asset management giant is strengthening its investment management and data science initiative to streamline innovation within the firm.
New datasets illuminate risky ‘pledged securities’ for investment analysis, due diligence
Until now, information around this opaque type of dataset has been hard to find, though it’s becoming increasingly important to financial analysts.
This Week: Cboe, Ice, ABN AMRO/Temenos & more
A summary of the latest financial technology news.