Data Management
'Data Mining is Bullsh**t' — An Examination
With the growth of alternative data in the capital markets, firms are struggling to find value, and are disillusioned by the loss of time, human capital, and money. Goldman Sachs’ Matthew Rothman believes this has created a situation where vendors and…
Thinknum Seeks to Grow Alt Data ‘Community’
The vendor has created a group with about 1,000 members. Its next live meeting will be March 10.
This Week: BNY Mellon; Amazon/Digital Asset; TP ICAP; Hazeltree; SimCorp & More
A summary of some of the past week's financial technology news.
Game On: Can the Video Game Industry Teach Banks Something About Visualization?
Capital markets firms are continually looking for new ways to package and visualize a rising tide of information. It turns out there’s another industry looking to handle the same challenge—the video game industry.
BondCliQ 9 Dealers Away From Operating Full-Scale SIP for Bonds
Tier-1 corporate bond dealers are still holding out from contributing their quote and pricing data to the two-year-old platform.
Ion’s Broadway Deal Leaves Banks in a Bind
Barclays and Nomura among banks that had moved from Ion to rival it now controls.
FactSet Eyes Real Estate as Next Sector of Focus
The vendor is looking to expand its real-estate offering, which could include a future acquisition or alliance.
Knoema Pushes Into Alt Data With Adaptive Management Buy
The pairing presents an opportunity for alt data vendors to garner more exposure.
Fuzzy Data Stalls ESG Alpha Hunt
Quants searching for ESG signals have reached very different conclusions. Mostly they blame the data.
Hedge Funds Use Shopping Center Cameras in Hunt for Alpha
Buy-side firms in search of alternative insights to drive returns are turning to sentiment analysis to fine-tune their strategies.
IVP Aims to Bring Most Applications to the Cloud This Year
It has already moved seven of its 16 offerings to the cloud.
TP Icap Eyes Cloud, More Tech Partners to Reach New Data Clients
The broker is looking to expand its data delivery options to reach potential clients who don't have access to traditional channels.
This Week: Refinitiv/Google Cloud; DTCC; Bloomberg/ MSCI; and more
A summary of some of the past week's financial technology news.
LEI on the Edge: What Needs to Happen for Wider Adoption?
The financial industry is losing faith in the LEI initiative as regulatory mandates remain patchy, but some see hope in SFTR’s unique-issuer LEI. By Mariella Reason
TRG Screen Buys Partner MDI to Boost Managed Data Services
The deal will allow MDI to provide other TRG offerings as fully managed services, and to benefit from being part of a larger company.
Xceptor Lasers in on ML and NLP
The vendor is also considering including deep learning capabilities to the platform.
Vendors Feel Heat as Regulators Pile Pressure on Third-Party Resiliency
UK regulators have proposed new laws to clamp down on operational resilience and third-party risk, pushing fintechs to put some skin in the game.
Velocimetrics Looks to Add Functionality to Performance Analysis Solution
Network traffic capture and analytics integration to allow traders to have a forensic record of transaction lifecycles and do real-time monitoring.
TREP’s Tipping Point? An Examination of Refinitiv’s Market Data Platform
Refinitiv—and by extension, TREP—has experienced a fair amount of disruption over the last two years. Competitors are lining up to cut into the platform's market share.
Screen Founders Leave TRG, Set up Data Recruitment Firm
Brooimans and Fruitema will focus on helping financial firms in Europe to find experienced data professionals.
Rimes Wards off Sale Speculation with Investment from EQT
A sale was originally reported, but this PE investment will allow the firm to grow its ESG, ETF offering while considering a sale at a later time.
S&P to Unveil New Data Platform, New Data Capabilities
S&P Global Market Intelligence will offer clients new alt datasets from in-house and third parties to be used in conjunction with increased analytics offerings.
CAT Seeks Approval to Mask Personal Data
The CAT is required to gather personal information, but the CAT NMS committee wants to use a masking method for security.
Wavelength Podcast Ep. 180: FactSet's Sara Dillon
Sara Dillion joins the podcast to discuss the private markets and how firms are incorporating information around this space.