Code Red Preps Jan. Launches

Code Red chief executive Tim Gavin says that the aim of the system is to provide a single channel for brokers to distribute-and for investment managers to rank and respond to-research, trade ideas and meeting requests, all of which-as well as any related responses, annotations and communications-can be tracked and managed in Red Alerts.

This both simplifies the communication process between brokers and the buy side, and makes it easier for firms to evaluate quality of broker services and allocate

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Northern Trust building internal cloud data ‘marketplace’

Using a mix of in-house expertise and third-party technologies, the firm has constructed a cloud-based data mesh that gives internal staff access to proprietary datasets and analytical tools to deliver greater insights into client activity.

Nasdaq reshuffles tech divisions post-Adenza

Adenza is now fully integrated into the exchange operator’s ecosystem, bringing opportunities for new business and a fresh perspective on how fintech fits into its strategy.

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