Buy-Side Technology
FX primary venues seek reversal of fortunes
EBS and Refinitiv fight to restore market share—but bilateral trading may be too entrenched, dealers say
State Street looks to bolster Charles River, Alpha platforms with FundGuard integration
State Street’s partnership with FundGuard will provide clients with multi-book accounting, allowing them to see two sets of records in one system.
LiquidityBook looks to displace Fidessa as sell-side OMS of choice
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?
Waters Wrap: Where have all the (data) cowboys gone?
Industry veterans says there’s a dearth of market data management talent in the lower ranks. Following Max Bowie’s coverage, Anthony explores some other reasons for this brain drain.
Chill winds blow for Capitolis’s equity swap platform
The fintech’s effort to revive off-balance-sheet funding runs into market and regulatory turbulence.
Is disruption finally coming for the index business?
Regulatory developments and startups gaining some ground may—one day—threaten the incumbent providers in this space.
More trading venues face extra supervision under FCA plan
“Woolly” rules fuel concern that bulletin boards and tech providers could be swept in
TransFicc builds its own datacenters to cut outsourcing costs
The Ion competitor is looking for better control, lower latency, and improved redundancy.
Waters Wrap: The buy side, the changing nature of buy v. build, and how fintech has evolved
Neal Pawar, the former CTO of AQR and current COO of Qontigo, chats with Anthony about some of the major trends that are changing how asset managers interact with the vendor community, and how this shift mirrors the most significant evolutions in capital…
Difficult transitions: Asset managers struggle to map future ESG risks
Investment firms have a role to play in incentivizing the green transition, but they must have forward-looking data.
Outsourcing across the buy side: Look before you leap
This paper investigates the extent to which firms have embraced outsourcing across the global investment management industry, key benefits they can reasonably expect on the back of outsourcing business processes and technologies to a specialist third…
Waters Wrap: Ion’s fixed income EMS & how tech development theory is changing
Some of the largest trading platform providers have embarked on major integration projects in recent years. As fintech disruption continues, Anthony says this is not a fad, but an evolutionary shift.
Rival platforms battle to control electronic trading of CLOs
Octaura has the backing of dealers, while Kopentech is leaning into its buy-side roots
How Liontrust AM reimagined tech vendor partnerships to retain IP post-Majedie acquisition
Buying off the shelf can be cheaper and faster than building in-house, but giving up IP rights to critical platforms is a trade-off some firms aren’t willing to make.
A consolidated effort: State Street and FactSet look to take interop to the next level
Firms aim to provide a front-to-back data flow for asset managers, forming “deeper relationships” with their clients.
Cboe migrations give exchange a foothold in Canadian equities
Exchange group looks northward in global expansion drive with completion of three trading system acquisitions
Banks prepare to unleash FX swap bots
BNP Paribas, JP Morgan build execution algos to plug into platforms—but swaps liquidity needs to catch up first
Escaping the ‘data swamp’: GoldenSource aims to improve data lake, warehouse analytics
As part of its cloud migration, the EDM vendor is launching an end-to-end ‘lake house’ service to help firms better manage their data.
People Moves: TP Icap, ACA Group, BNP Paribas, Morningstar, and more
A look at some of the key people moves from this week, including Marie Luchet (pictured), who joins ACA Group as managing director of ESG.
Top three fixed income venues confirm bid to deliver EU consolidated tape for bonds
Bloomberg, MarketAxess and Tradeweb will join forces to create an independent company and will submit a request for information in search for a third-party vendor to partner with.
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.