Recent actions against Bloomberg and Ice for violations relating to evaluated pricing services suggest the US regulator may be setting the stage for stricter regulations to govern the sector.
It’s a new world, contend BBH’s Kevin Welch and Josh Fine. After a few years of experimentation that yielded several AI products for the bank and its clients, it was time to put the puzzle pieces together to serve a different way of working post-Covid.
Following Finos’ long-awaited release of its new FDC3 compliance testing framework, two of the three major container-based interoperability providers have received badges certifying their adherence to the growing industry standard.
With a consolidated tape for European debt securities finally on the horizon, startups anticipate how they can fill inevitable gaps.
As crypto markets face a reckoning in the wake of the FTX scandal, standard-setters and industry participants say identifiers for tokens are key for the industry’s stability.
As Symphony strays further from its original purpose of being a chat platform, WatersTechnology sat down with Brad Levy at this year’s Innovate conference to discuss his vision for the firm.
What began as a small buy-side technology offering, now has ambitions to oust Fidessa in the sell-side OMS space. LiquidityBook, now armed with a handful of ex-Fidessa employees, has secured the product expertise. Can it secure the clients?
The non-profit will provide a neutral, open-source repository to help the trade associations govern and maintain the CDM.
A broker-dealer and two investment managers have filed a new, joint complaint against the quartet of companies associated with management of the Cusip numbering system.
A judge for the Southern District of New York has also ordered that two class-action suits brought against Cusip Global Services and its affiliates earlier this year be consolidated.
Nicholas Kolba’s new venture aims to provide cloud-based interoperability for financial services apps—free of desktop containers and proprietary implementations.
Symphony Communication Services is piloting an experimental ID service that uses Web3 and DeFi concepts to automate and reduce the burden of tasks like know-your-customer, onboarding, and reporting.
Executives from JP Morgan, Morgan Stanley, and BNY Mellon discuss the lessons learned through experimenting with machine learning at their firms.
The firm has migrated nearly 99% of its trading applications to the cloud and is on track to sunset all on-premises datacenters.
Businesses with staff based in Ukraine reckon with an unprecedented juggling act.
Firms file “aggressive” motion to have legal case resolved early, saying Cusip’s operators and owners have no basis to charge for the codes.
In 2020, Cboe Global Markets acquired three businesses in rapid succession. Two years later, the tech stack integrations are complete, and the now-combined entities make up the majority of the exchange’s rebranded Risk and Market Analytics Group.
New initiative aims to provide a free, open-source Electron-based reference implementation of the FDC3 standard.
Conflicting time zones, potential re-papering, and weak standards are just some of the hurdles that must be overcome to move trade settlement times to T+1 or even to T+0—all potentially before Q1 2024.
Days after a first class-action suit took aim at Cusip, S&P Global, the American Bankers Association, and FactSet, another plaintiff has filed a complaint alleging that the quartet of companies violated the Sherman Antitrust Act, as well as certain…
Building a startup is hard. Building a blockchain startup is harder. More than 10 current and former financial blockchain builders and users detail their experiences of trying to cut their teeth on a once-darling tech, and the lessons they’re still…