Emerging Technologies
Start-up VCs look ahead to post-pandemic world
Emerging venture capitalists saw reduced investor inflows during the pandemic. Will this dent B2B fintech investment?
MayStreet hires former SEC CAT advisor as industry ‘rethinks’ market data infrastructure
Manisha Kimmel played a key role in getting the CAT running and worked at rival Refinitiv before joining the US regulator.
People Moves: Quorsus, 3Forge, GoldenSource, Arca
A look at some of the key "people moves" from this week, including Kieran Mullaley (pictured), who has been appointed managing partner and head of consulting delivery at Quorsus.
Waters Wrap: Dash Financial gets nabbed by Ion (And monetizing data)
Ion Group has acquired Dash Financial. Whether or not this ends up being a good marriage will come down to the people making the tech platforms, Anthony says.
Broker data policies stoke fears of ‘exchange-style’ fees and audits
Interdealer brokers are looking enviously at the way exchanges have been able to grow data revenues, providing a stable stream of profits as other business lines have declined. But following the exchange model has its own challenges.
This Week: Tradeweb/Nasdaq, HSBC, CME/BrokerTec, Esma, Acquis, SimCorp & more
A summary of some of the past week’s financial technology news.
Back-office automation key to breaking open private markets
Trading in large, privately-held stocks has hitherto been the domain of large private equity investors. A new technology platform aims to make these markets more accessible to broker-dealers by integrating with the back-office processes that firms…
Ion Group acquires Dash Financial in move to bolster options execution
The deal will allow Ion to pair Dash alongside Fidessa as it looks to “own the sell-side technology space.”
Futures trading algos ripe for disruptive new entrants
Algorithm development specialist BestEx Research is making a play to address inefficiencies in futures trading algorithms.
MackeyRMS, InsiderScore merge, creating research & analytics hub for active managers
The merger was made possible following a strategic investment from a PE firm in 2019. The newly-combined entity will look at future M&A opportunities.
JP Morgan AM develops AI quant tool that uses mind maps to build thematic funds
ThemeBot uses textual relevance and revenue attribution to construct a list of stocks, which is then verified by JPMAM’s active equity analysts.
People Moves: Carmignac, Broadridge, Wall Street Horizon, ACA Compliance, Baton Systems & more
A look at some of the key "people moves" from this week, including Abdellah Bouziane (pictured) who has been appointed global head of compliance at Carmignac.
Waters Wrap: The New World of ESG (And GameStop & Interop)
While the Biden administration is already targeting environmental issues with early executive orders, Anthony says that it’s financial giants that will have the greatest effect on ESG investing in the near-term.
Waters Wavelength Podcast: Episode 225 (GameStop)
On this episode of the Wavelength Podcast, Reb Natale joins to talk about the hilarity/stupidity that’s unfolded from the “GameStop/Reddit” controversy. Warning: Rated-R for Language
The embrace of buy-side interoperability: State Street, SimCorp team up
The partnership between the two major players in the buy-side technology space reflects the shift in how rivals do business.
BlackRock looks to predictive ESG data, rather than point-in-time
Mary-Catherine Lader says that the asset manager is building out new modeling tools to help users better understand how the decisions a company makes today can affect their performance in the future.
People Moves: Nasdaq, Santander, Barings, S4, Capco, BTIG
A look at some of the key "people moves" from this week, including Jeremy Skule (pictured) who has been appointed chief strategy officer at Nasdaq.
Waters Wrap: Interop trends that will shape 2021 projects (And silencing the pit)
Anthony brings in some guests to give predictions about what interoperability will look like over the next 12 months and what firms need to start preparing for today.
State Street focuses on 6 data vendors for ESG analysis
State Street’s Chris Berry explains how the asset servicer winnowed 60 ESG data providers down to six, and why this strategy has proved to be effective.
Pictet Asset Management enlists Finsemble to overhaul fixed-income, FX workflows
The Swiss bank’s asset management division has been working with Cosaic for a bit over a year, and has used Finsemble to automate heavy workflows in FX pricing, money market yields, and credit.
LME overhauls tech, data stack amid calls for trading floor closure
The London-based commodities exchange has embarked on an ambitious technology and data infrastructure modernization strategy as it takes steps to close its open-outcry floor.
Goldman taps alt data for economic forecasts during pandemic
Economists at the bank leveraged a combination of public and third-party data to make conclusions about the future during uncertain times.
People Moves: MarketAxess, SimCorp, Shoreline, Sova Capital, Nutanix, RIMES, Capco, LiquidShare
A look at some of the key "people moves" from this week, including Raj Paranandi (pictured), who has been appointed COO EMEA/APAC at MarketAxess.
This Week: CME/IHS, Nasdaq, Snowflake/Clearwater, Bloomberg/Rockefeller, FlexTrade
A look at some of the past week’s financial technology news.