This Week: Ice, Cboe/Snowflake, GoldenSource, Clearwater & more

A summary of the latest financial technology news.

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Cboe to use Snowflake cloud for analytics

Cboe Global Markets will migrate its corporate data and analytics functions from its on-premises systems to the Snowflake cloud.

The pairing will allow the exchange to “accelerate our cloud migration journey and modernize how we manage and utilize our proprietary corporate data and analytics for our benefit and that of our customers,” said Eileen Smith, SVP for data and analytics at Cboe. “Snowflake offers a highly-flexible and scalable data cloud

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Interop tech buys time for buy-side fixed-income traders

A few buy-side traders and portfolio managers spearheading a drive for greater interoperability are reaping the rewards of increased workplace efficiency. Is interoperability the fixed-income panacea the buy side has been looking for?

GenAI and HFT: A competitive edge?

Timing is critical in the capital markets. IBM researchers say genAI’s predictive abilities in combination with AI/ML models can translate into profitable HFT opportunities.

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