Data Management
This Week: Bloomberg, Ice, DTCC, & More
A summary of some of the past week's financial technology news.
Finra taps AWS for next-gen regulatory search tools
A long-time AWS client, Finra is using a combination of AWS tools and its own knowledge graph to generate better search results.
Quandl goes live with new dataset for measuring dollar value of patents
The data vendor’s product is its first that aims to sort what it believes to be truly innovative companies from the pack.
People Moves: Bitvore, KX, Wolters Kluwer, Neuravest & more
A look at some of the key people moves from this week, including Elizabeth Pritchard (pictured), who joins Bitvore as CEO.
Asset managers look to raw NGO data for ESG insights
Data from non-profits can be combined with ESG ratings for more bespoke investment insight, investment professionals say.
This Week: JP Morgan, Deutsche Börse, Refinitiv, and more
A summary of some of the past week’s financial technology news.
Swipe left: repo reporting no match for Brexit, or collateral
A happier start than Emir, but SFTR honeymoon is over now that trades report separately in UK and EU.
Waters Wrap: Buzzwords and the hype machine (And editorial judgment)
Anthony previews some of the major trend topics that WatersTechnology will look to cover over the next eight months.
SmartStream RDU—More Pertinent Now than Ever
This whitepaper outlines the history of the Reference Data Utility (RDU), charts its development, scrutinizes its underlying technology and articulates the business benefits that users can reasonably expect on the back of subscribing to it
JP Morgan: New LEI scheme could make codes cheaper
The bank is offering identifiers for free to customers under a new scheme it hopes will drive down costs for entities wanting to sign up.
Avelacom buys Brazilian infrastructure specialist to accelerate LatAm expansion
Network provider says the deal arms it to operate in uniquely nuanced regional markets.
Esma plan ‘won’t help’ fix Mifid swaps data problem
Dealers say proposal to force disclosure of all big-bank OTC derivatives trades won’t improve data.
Waters Wrap: The looming data storage wars (And Bloomberg killers)
Anthony first looks at the data storage space, explaining that fees are likely to increase for buy- and sell-side firms in the near-term. He also wonders if there’s a market in the terminal/workstation space for innovative startups to gain traction. As…
Money.Net files Chapter 7 bankruptcy amid lawsuit
Despite a series of ambitious content expansion projects and senior hires, the low-cost vendor failed to win over institutional clients.
BNP Paribas AM turns to machine learning for carbon emissions
The asset manager is using machine learning to estimate carbon footprints for companies that do not report emissions.
Bloomberg’s new data retention policy vexes buy-side firms
Impacted users will have to pay extra costs to retain communications data for longer than two years.
People Moves: Symphony, BMLL, HKEX, CloudMargin, Tora, Baton, and more
A look at some of the key people moves from this week, including Brad Levy (pictured), who will take the reins at communications platform Symphony in June, after joining the vendor in July last year.
Waters Wrap: Would DLT really have prevented Archegos? (And thoughts on Itiviti)
While Christopher Giancarlo says distributed ledger technology could’ve helped prime brokers better monitor their risk exposures to Archegos Capital Management, Anthony (and others) are not so sure about that. He also looks at the Broadridge-Itiviti deal.
This Week: TP Icap, Confluence, Bloomberg, Iress-Cosaic, Tradeweb, SmartStream, and more
A summary of some of the past week’s financial technology news
Small alt data providers feel pressure to specialize
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.
‘Crypto Dad’ Giancarlo says DLT could have aided in Archegos
The former CFTC chair says managing collateral by using distributed ledger technology would enable the better oversight of risks.
Data Management and Governance Take Center Stage
Data drives every business process across the buy side. The higher its quality, the more reliable, accurate and transparent the resulting downstream business processes are likely to be. That’s a simplistic characterization of what can be a highly…
Waters Wrap: Big Tech takes control of cutting-edge encryption (And consortium flat circles)
In addition to growing their cloud presence in the capital markets, Big Tech companies are, unsurprisingly, taking the lead on encryption and security in the cloud. Anthony sees positives and negatives. He also looks at bank-led consortiums.
This Week: Refinitiv; State Street/BlackRock; SteelEye; SimCorp; FEX Global/TT
A summary of some of the past week’s financial technology news.