Bear Expands Derivatives Pricing

The firm recently added pricing capabilities for Swiss franc and Swedish kronor-denominated interest-rate derivatives to the valuation services it provides to clients, joining the five other currencies-US dollars, pounds sterling, euros, yen and Canadian dollars-in which it already provides prices.

"Demand is very high for pricing on rates," says Rajan Gadkari, managing director of PricingDirect. "Based on market data, we believe that our current offerings provide coverage for 94 percent of the

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Northern Trust building internal cloud data ‘marketplace’

Using a mix of in-house expertise and third-party technologies, the firm has constructed a cloud-based data mesh that gives internal staff access to proprietary datasets and analytical tools to deliver greater insights into client activity.

Nasdaq reshuffles tech divisions post-Adenza

Adenza is now fully integrated into the exchange operator’s ecosystem, bringing opportunities for new business and a fresh perspective on how fintech fits into its strategy.

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