This Week: Finos, LSEG, Neptune & Genesis, Deutsche Börse & Kaiko, Ice & More

Finos Open Source in Finance Forum comes to London

The Open Source in Finance Forum (OSFF), hosted by the Fintech Open Source Foundation (Finos), will be held July 13 at 133 Houndsditch Liverpool St., London EC3A 7BX, United Kingdom.

Now in its 6th edition, OSFF is a showcase of open-source technology and projects in financial services. Attendees will hear directly from experts across financial services, technology and open source as they engage in conversations about how to best and safely leverage open-source software to solve industry challenges.

Finos encourages professionals in technology, open source, finance, or regulatory engagement to join and learn more about ongoing Finos projects, its parent organization the Linux Foundation, best practices on how to engage in open source, and innovative ways that open source is being used in the financial industry.

For questions, please reach out to Finos at osff@finos.org.

Post-trade division of LSEG goes live with new risk model

LCH RepoClear, which is owned by LSEG and provides government bond cash and repo clearing services, has gone live with a new value-at-risk (VaR) risk methodology. The new methodology will be applied across 13 Euro debt markets cleared by the service.

The new methodology intends to establish better recognition of members diversified portfolios, adjusted anti-procyclical measures to support stability of the margin requirement, and an enhanced capacity to adapt to market volatility.

Deutsche Börse partners with crypto data provider Kaiko

Deutsche Börse has entered into an agreement with Kaiko, a crypto market data aggregator, to make the latter’s tick-level trade data from all covered centralised and decentralised cryptocurrency exchanges, as well as T+1 spot order book tick-level data accessible to exchange customers. The cyrpto price datafeeds and historical tick-by-tick data will be made available in Q4 of this year through the exchange’s Market Data + Services’ distribution network.

Linedata launches suite of new features for portfolio management

Linedata has launched a new portfolio management tool dubbed Accumen, which will connect into its Longview trade order management system (OMS). The web-based platform will allow users to monitor, organize, and manage their portfolio from any location or device. Linedata Accumen allows for remote access to portfolios and core functions like rebalancing, pre-trade compliance, and trade approval.

Neptune Networks partners with Genesis for fixed income data distribution

Neptune Networks, the fixed-income pre-trade market utility, has partnered with Genesis Global, a low-code application development platform, to launch an expanded Neptune platform developed by Genesis. The new platform is scheduled to launch in early July.

The enhanced Neptune service is set to offer its clients and dealers a new web interface and several new features, including single-name credit default swaps, support for emerging market bonds, and improved market analysis. All prior services and functionality offered by Neptune will remain available on the new platform.

Trading Technologies joins global interoperable network

Trading Technologies has joined the FIA Tech Databank Network, an initiative to bring together independent software vendors (ISV), exchanges, clearing houses and other data providers into an interoperable global network simplifying the use of reference data, analytics and software solutions from participating firms. Databank unifies reference data from over 80 exchanges and central counterparties, leading index providers and data vendors. TT is the second ISV to join the network.

By incorporating Trading Technologies into the global product reference data maintained on the Databank Network, Trading Technologies’ clients will be fully interoperable with all FIA Tech services as well as other participants in the Databank Network.