The SEC's proposed best execution regulation has ruffled some feathers. With a host of key details still to be resolved, industry experts say the rule in its current form could represent a big change in the way orders are handled.
Data management issues have always presented challenges for the financial services industry. Here, DTCC explores why, with the right technologies, disciplines and structures in place, there is now reason for optimism.
Peter Esler argues that research, preparation and integrity to promote long-term business relationships are just as important as getting the price you want in the short term.
Having a visual 'calendar' of corporate actions events could free up staff who manually capture this information.
Capital markets are no strangers to hype machines. Among the buzz around generative AI, Nyela wonders who will be best suited to take advantage of the technology and deliver the right use cases to Wall Street.
With the ASX Chess DLT failure and users ignoring DTCC’s DLT option for its Trade Information Warehouse, Anthony wonders what it will take for the industry to stop touting this buzzword for non-specialized needs.
With hundreds of millions of dollars spent per year on data and associated technologies, a merger the size of UBS’ takeover of Credit Suisse has the potential to take a huge chunk out of data vendors’ revenues. What’s the path forward?
The combined entity will look to tap into AI tools provided by S&P’s Kensho outfit and AWS’ cloud to build new analytics platforms.
With major job cuts expected to result from the acquisition of Credit Suisse by UBS, how will such big changes impact those in data and technology roles at the firms?
Wei-Shen and Tony take a look at what’s to come at the North American Financial Information Summit (Nafis).
After the latest 'crisis' that claimed Silicon Valley Bank, Credit Suisse and others, Anthony questions whether anyone will learn a lesson.
As the legislative debate surrounding a future European consolidated tape for equities takes on increased urgency, market participants and interested parties are beginning to weigh in with their visions of a successful tape.
The software firm escaped heavy scrutiny ahead of its cyber attack, says a US Treasury official.
Clients have been left in the dark about the ransomware attack that disrupted futures trading last month.
As large language models that underpin the likes of ChatGPT and Bard come to market, vendors and trading firms are starting to see the benefits—and challenges—that open APIs provide.
Ensuring that buy-side firms capture all relevant disclosures from funds—especially in the private markets—can be an onerous and costly task. Accelex is aiming to change that.
A new study finds that asset managers are paying several times more than their peers for the same services—but why? And can it be fixed? Does it need to be?
Sources say the industry is not yet ready to fully adopt wide-scale implementations of distributed-ledger technologies.
Users of index data often complain about the fees they have to fork out, particularly to the likes of S&P, FTSE Russell, and MSCI. WatersTechnology examines the state of the industry and what will disrupt the status quo.
As banks clamp down on large language models like ChatGPT, Anthony says that CDOs can help firms experiment with these chatbots while developing the proper governance structures.
Quodd’s recent acquisition of API data vendor Xignite will provide a springboard to launch the data vendor into new customer segments and markets.
Banks are examining service-level agreements for possible breaches
A Google exec and a Stevens Institute director lay out the potential and the pitfalls of this emerging cloud computing technology for data protection.
Cusip Global Services and its affiliates have filed a joint motion to dismiss the anti-trust class-action lawsuit.