Max is editor of Inside Market Data and Inside Data Management.
Max joined then-Risk Waters Group (prior to its acquisition by Incisive Media) in 2000, and has worked as a reporter on Risk Magazine, FX Week, Trading Technology Week (now Sell-Side Technology) and Buy-Side IT (now Buy-Side Technology), before joining IMD as European reporter in 2003. He moved to New York as US reporter in 2005, and became editor in 2006.
Max lives in Astoria, New York with his wife and twin girls, and enjoys playing rock music, wine tastings, and market data.
Already well established as an alpha-enhancing input to equities trading, sentiment data is now being applied to other asset classes, starting with foreign exchange.
There are efforts underway to ease the burden of dealing with data notifications, but Max finds that between growing pains and automation adulthood, these notices are going through an awkward adolescence.
Alqami will advise wannabe alternative data vendors on the value of their content, while TickSmith will provide the technology platform for them to sell it to potential clients.
With data notifications growing in volume and complexity, firms are finding it harder to keep track of these changes. Some vendors are looking to help.
A summary of some of the past week’s financial technology news.
Because of its acquisition and subsequent rebrand, Refinitiv is being forced to change instances of its old branding that remain embedded in many of its APIs. This might sound like a simple change, but end-users are worried that it could be a costly fix.
Analytics will be the eighth foundational pillar of data management covered by the EDM Council's DCAM model, reflecting the importance of data quality to analytics.
Ropnoy's WISE service will provide outsourced "heavy lifting" of data notifications processing to help firms handle rising volumes of notifications.
Officials say FISD's standards efforts will encourage and support broader adoption of alternative data among firms that have previously not had the resources to take advantage of new alt datasets.
After two cloud-native product successes, the vendor plans to migrate all its software to cloud native to optimize the benefits of running in the cloud for clients.
The agreement will streamline the process by which FTSE Canada collects quotes from dealers, and provide enhanced datasets for the creation of new indexes.
The first iterations of the new Optimize platform will be available early next year.
Just as there’s always money to be made from doing dirty jobs, there are opportunities around dirty data—especially in industries that are only now beginning to appreciate the value of being data-driven.
The new platform is first being targeted at advisors and wealth managers, and will eventually be available for traders, analysts, portfolio managers, quants, and developers.
The Connect20 hackathon and the Accelerator Program are designed to "industrialize" BNY Mellon's ability to identify early stage companies providing solutions to key technology and business challenges facing the firm.
The dataset is part of an ongoing initiative by the OTC marketplace to gain state-by-state exemptions to allow brokers and issuers to conduct business in OTC securities.
A summary of some of the past week’s technology news
Emerging tech is proving its worth since the Covid-19 outbreak, and are swaying skeptics towards even greater adoption, panelists said.
EKGs will allow financial firms to take advantage of new and existing datasets to serve purposes from upselling, AML and KYC, and regulatory reporting.