Data Management
SimCorp takes ‘Aim’ at EDM space with DataCare rollout
Since launching DataCare in April 2020, the vendor has signed up eight clients, including Zurich Group Investment Management.
Companies race to tackle widening cybersecurity talent gap
More realistic job requirements and in-house training programs could boost recruitment in face of increased cyber threats
Bank consortium led by SocGen seeks to cure post-trade data ills
Project led by Societe Generale that uses privacy-enhancing technologies to solve data management issues hopes to sign up five banks and launch as a legal entity.
Waters Wrap: Owning the data & doing something unique with it—the ultimate alchemy
Based off of Max Bowie’s recent deep-dive feature, Anthony says that the world of alt data M&A—and the factors that drive these deals—is likely to change in the near future. For an analogy, just look to sushi.
Google-Greenwich: Financial firms agree on cloud's ubiquity, but vary widely on use cases
New research highlights predicted growth areas for cloud computing—and the tools it enables, such as AI and machine learning—in the capital markets. Spoiler alert: Google says cloud is becoming as ubiquitous as the search giant itself.
This Week: Macrobond/FactSet, Tradweb, Bloomberg, DTCC, and more
A summary of some of the past week’s financial technology news.
Alt data’s second inning: Brace for a long M&A game
The alternative data sector is still relatively nascent, and as such buy-side firms have struggled with how best to incorporate these non-traditional sources of information. While sources say that there will be continued M&A in the market, how those…
APG hires in-house weatherman to interpret climate data
Europe’s wettest summer in a century has prompted asset managers to calculate flood risk for real estate.
After lengthy fight, Bloomberg’s Figi recognized as official US data standard
The Figi is free to use, and becomes the second reference data standard alongside Cusip, authorized for financial instrument identification by the American National Standards Institute.
Waters Wrap: Get ready for the low-code, no-code explosion
Anthony looks at some recent developments in the low-code and no-code spaces, and tries to better understand what’s hype and what’s reality.
People Moves: WFE, MSCI, Broadway Technology, Tora and more
A look at some of the key "people moves" from this week, including Ed Tilly (pictured), who has been appointed chairman of the World Federation of Exchanges.
Waters Wrap: Some random thoughts about Big Tech disruption and M&A in Q4
Anthony looks at what he thinks will be the biggest topics during the last quarter of 2021.
IHS Markit plans ‘low-code, no-code’ configuration for EDM platform
The vendor is working on a drag-and-drop feature as part of a wider shift towards a low-code or no-code configuration environment.
This Week: CME/IHS Markit, Bloomberg, OpenExchange, Equinix, and more
A summary of some of the past week’s financial technology news.
People Moves: FactSet, AFMA, Finos, Tradeweb and more
A look at some of the key "people moves" from this week, including Linda Huber (pictured), who joins FactSet as chief financial officer.
Six corporate actions prototype aims to slash data delivery time
If the prototype is put into production, delivery of corporate actions data for dividends could be reduced from up to 24 hours to 15 to 30 minutes.
Waters Wrap: Cloud, AI, Interop: The evolutions driving fixed-income progress
Anthony believes these advancements will provide the opening for Big Tech firms to created outsized influence that will change financial technology forever.
Two Sigma building quant tools to hunt real estate bargains
The information-rich market offers “trillions of dollars of opportunity”, says the firm’s data chief.
FactSet, Microsoft collaborate on voice-activated analytics
The data vendor has deployed machine learning across its ETF and fund screening datasets, and plans to interoperate with other big tech firms in the future.
Miax preps ‘Virtual Trading Floor’ of data tools to grow investors, market-makers
The options exchange operator hopes to make it easier for participants to translate data into context and insight, and to broaden participation from new market sectors.
IM phases five and six collide as buy side delays readiness
More than 1,000 segregated accounts for uncleared margin may still need to be opened post-deadline.
Waters Wrap: A whole new way of looking at data spend (And CME-Cboe thoughts)
As brokers start to explore various forms of self-service models, Anthony wonders if this could lead to a complete rethink of how commercial terms and contracts are structured for adding on new datasets.
Confusion remains over SEC’s market data efforts
Jo ponders some of the important pieces of the regulator’s National Market System modernization that remain obscure.