News
Despite regulatory thaw in US, major questions remain globally for 2026
From crypto and tokenization to the CAT to consolidated tapes to T+1’s advancement, the regulatory space will be front and center in the New Year.
BNY inks AI deal with Google, Broadridge moves proxy voting to AWS, Expero delivers ICE market data, and more
The Waters Cooler: TSX Venture Exchange data hits the blockchain, SmartTrade acquires Kace, and garage doors link to cloud costs in this week’s news roundup.
Citadel Securities, BlackRock, Nasdaq mull tokenized equities’ impact on regulations
An SEC panel of broker-dealers, market-makers and crypto specialists debated the ramifications of a future with tokenized equities.
FIX Trading Community recommends data practices for European CTs
The industry association has published practices and workflows using FIX messaging standards for the upcoming EU consolidated tapes.
AFTAs 2025: All the winners and why they won
Here are the winners of the 31 categories making up this year’s American Financial Technology Awards.
BlackRock and AccessFintech partner, LSEG collabs with OpenAI, Apex launches Pisces service, and more
The Waters Cooler: CJC launches MDC service, Centreon secures Sixth Street investment, UK bond CT update, and more in this week’s news roundup.
Tokenized assets draw interest, but regulation lags behind
Regulators around the globe are showing increased interest in tokenization, but concretely identifying and implementing guardrails and ground rules for tokenized products has remained slow.
Chicago datacenter outage forced clearers to turn away clients
Friday’s cooling system failure highlights cracks in tech and concentration risk of big CCPs.
CME, LSEG align on market data licensing in GenAI era
The two major exchanges say they are licensing the use case—not the technology.
People Moves: DTCC, Fenergo, Propellant, L&G, and more
A look at the past month’s people moves in the capital markets technology and data space.
Nasdaq’s blockchain proposal to SEC gets mixed reviews from peers
Public comment letters and interviews reveal that despite fervor for tokenization, industry stakeholders disagree on its value proposition.
Bloomberg expands GenAI summary options on Terminal
The additions include an expansion of its AI-powered news summaries, as well as a new AI summary tool for company-related news content.
FCA eyes equities tape, OpenAI and Capco team up, prediction markets gain steam, and more
The Waters Cooler: More tokenization, Ediphy lawsuit updates, Rimes teams up with Databricks, and more in this week’s news roundup.
Buy-side data heads push being on ‘right side’ of GenAI
Data heads at Man Group and Systematica Investments explain how GenAI has transformed the quant research process.
Jump Trading spinoff Pyth enters institutional market data
The data oracle has introduced Pyth Pro as it seeks to compete with the traditional players in market data more directly.
FCA files to lift UK bond tape suspension, says legal claims ‘without merit’
After losing the bid for the UK’s bond CT, Ediphy sued the UK regulator, halting the tape’s implementation. Now, the FCA is asking the UK’s High Court to end the suspension and allow it to fight Ediphy’s claims in parallel.
Treasury market urged to beef up operational resilience plans
NY Fed panel warns about impact of AI and reliance on critical third parties.
Technology alone is not enough for Europe’s T+1 push
Testing will be a key component of a successful implementation. However, the respective taskforces have yet to release more details on the testing schedules.
EY and Microsoft partner to bring agentic AI to risk management
The two firms are part of a deal to bring agentic AI processes to core operations like lending, servicing and risk, starting at Eurobank.
T. Rowe taps Genesis, Cusip lawsuit, FanDuel-CME tie-up, and more
The Waters Cooler: Tokenization and private markets, EuroCTP-BMLL, StateStreet-PriceStats, and more.
Fintech proposes borrowing AI standard from autonomous cars
Amid the rapidly growing use of financial AI, startup Martini.ai urges industry practitioners to coalesce around a common language to measure their progress and understand their own projects and capabilities.