While some alternative data providers are jumping in on the meme-stock craze by producing new datasets and analyses geared toward risk management and alpha generation, others—perhaps rightly so—are staying cautious.
After quietly pulling its Finos membership this year, OpenFin’s involvement—at least in the public forum that governs it—with the interop standard it has championed for years, continues to dip. Though the vendor has re-affirmed its commitment to FDC3…
Aiden, a trading platform launched last year, is the product of five years of experimentation with deep learning by RBC Capital Markets on top of an additional five years of hypothesizing about what best execution would one day require.
A look at some of the key people moves from this week, including Laide Majiyagbe (pictured), who has been appointed head of financing and liquidity at BNY Mellon Markets.
The data vendor’s product is its first that aims to sort what it believes to be truly innovative companies from the pack.
New interface will standardize notifications, user interactions and content presentation.
The comms provider may have to register its RFQ workflow and messaging tool as a Sef, or perhaps permanently shut down the business line.
GTCOM-US, once a bespoke alt data shop for the buy side, has narrowed its offering to focus on Chinese datasets as the largest alt data players get even bigger.
Having signed a trio of new banks to its financial services-specific cloud, the computing giant is betting on cutting-edge technologies like confidential computing to entice banks threatened by big tech firms.
The newly-acquired data giant targets the sell side with a suite of new risk-based applications meant to help banks with the transition from Libor, which is expected for the end of this year.
A look at some of the key “people moves” from this week, including Vincent Georgel-O’Reilly (pictured), who's been appointed Emea head of alternatives at State Street.
A summary of some of the past week’s financial technology news.
After Redditors staged an epic short squeeze against a handful of hedge funds, some in the industry are left wondering whether today’s models and data techniques are prepared for world where online often equals real life.
Entering a saturated market of electronic trading technology this summer, the new AI-powered platform must clear several hurdles before it can declare success.
Perhaps smarter than blockchain and certainly closer than quantum computing, this type of complex computing could accelerate banks' move to the cloud—if the industry gets it right.
The deal will allow Ion to pair Dash alongside Fidessa as it looks to “own the sell-side technology space.”
The merger was made possible following a strategic investment from a PE firm in 2019. The newly-combined entity will look at future M&A opportunities.