Management & Strategy
This Week: MEMX, Sifma, Bloomberg, State Street, Digiterre, Infosys
A summary of some of the past week’s financial technology news.
CME Group to Scale Back Regulatory Reporting Business
The exchange group is closing several of its regulatory reporting businesses following a review finding they no longer align with its strategic direction.
SmartStream's Haytham Kaddoura on Lockdown, AI and Managed Services
SmartStream's CEO chats to Victor Anderson about Covid-19, infusing AI technology across the firm's product range, and the need for faster and more accurate liquidity management tools.
Start-up Fund Manager Hunts for ‘Joy’ During Pandemic
Infusive Asset Management is blending traditional and alternative datasets to find companies and services that bring “joy” to consumers.
People Moves: ISDA, ASX, Eventus Systems and CLS
A look at some of the key "people moves" from this week, including Keith Tippell (pictured) who joins CLS as head of product.
Privacy and the New Normal
Jo wonders if the coronavirus pandemic will erode the division between public and private life.
FISD Advances Alt Data Standards, Taps Pritchard to Boost Engagement
Explosive interest in the alternative data sector is driving FISD membership growth as demand to participate in its alternative data group soars.
People Moves: Microsoft, Ownera, Cboe, Capitolis, Clearwater and ACA
A look at some of the key people moves from this week, including Tais O’Dwyer (pictured), who joins Microsoft.
Startup CommonPage Seeks $1.5M Funding to Grow Procurement Collaboration Platform
Though hindering its fundraising, the Covid-19 outbreak is contributing to a greater understanding and appreciation of its proposition, CommonPage CEO says.
NYSE Eyes 'Safe' NY Floor Reopening as Research Shows Value of Open Outcry
NYSE COO Michael Blaugrund looks ahead to a potential reopening of the exchange's iconic New York trading floor, and describes why NYSE believes it's appropriate to reopen the Arca Options floor earlier, and the role of DMMs in reducing volatility.
UBS’s COO: 'Hybrid Pods' Accelerate Remote Working Solutions Amid Pandemic
Beatriz Martin says the bank has about 400 of these agile development teams—which were first rolled out last year—consisting of about 2,500 people across the organization.
Four Asset Managers Explain How They Incorporate ESG Data
Execs From UBS AM, Lazard AM, DWS, and East Capital look at incorporating ESG data into their investment practices for more holistic views of risk and opportunity.
Deutsche Bank Turns Attention to Production Engineering
DB's Stuart Gurr says past automation efforts have helped the bank weather the Covid outbreak, highlighting the need for further automation.
MT Newswires Eyes International Expansion for Pre-IPO & Small-Cap News
The newswire's latest service will focus on providing coverage of pre-IPO and small-cap listed stocks to increase their exposure to investors hungry for greater transparency into these market segments.
Geolocation Data Spotlights Covid Recovery
Hedge funds are using geolocation data to both spot signs of a pandemic recovery and to see its ripple-effect damages.
People Moves: Tradeweb, ICE, BTON Financial, OpenFin, JonesTrading and INDOS
A look at some of the key people moves from this week, including Drew Carey (pictured), who joins Tradeweb as new global head of market data sales.
Buy Side Eyes Outsourced Trading Amid Covid Disruption
Pressure on trading continuity drives in-house desks to look outwards
Covid-19 Piles Pressure on Fund Accounting
Fund administrators are dealing with unprecedented volumes of pricing information and exceptions.
On Cobol and Legacy Systems: Covid-19 Turmoil Calls For Change
Financial industry experts say the time to start future-proofing was yesterday.
Combating Covid: Fintech, Data Industry Bodies Deploy Anti-Coronavirus Measures
WatersTechnology summarizes how fintech and data trade bodies are responding to the Coronavirus pandemic on behalf of their members.
Morgan Stanley's Katherine Wetmur on Tech Investment, Covid-19 Response
As 'years' of tech investment pays off amid the coronavirus pandemic, Morgan Stanley eyes tools that can help it identify business process efficiencies.
West Highland, VendEx CEOs: Partnership Will Expand Services Available to Clients
Partnering will allow the vendors to leverage synergies that will benefit both companies and their clients, officials say.
Morningstar Wades Further into ESG Space with Sustainalytics Acquisition
The ESG data space has seen a fair amount of M&A activity in recent years, and that is likely to continue, sources say.