News
Advancements in NLP bring focus to document insight
Vendors are looking to provide AI models to help financial professionals get more value out of unstructured data sources.
People Moves: Citi, OpenFin, Genesis, Liquidnet and more
A look at some of the key "people moves" from this past week, including Vicky Sanders (pictured), OpenFin’s new chief digital officer.
Adaptive pushes low-latency open-source messaging
The London-based consultancy is looking to engage firms and exchanges on its Aeron messaging technology, which it acquired earlier this year.
People Moves: FactSet, Talos, Broadridge, and more
A look at some of the key "people moves" from this week, including Neal Pawar (pictured), who joins Talos as a strategic adviser.
This Week: CME Group, Genesis, McKay Brothers and more
A summary of the latest financial technology news.
Difficult transitions: Asset managers struggle to map future ESG risks
Investment firms have a role to play in incentivizing the green transition, but they must have forward-looking data.
SS&C looks to leverage Blue Prism’s RPA capabilities to improve reconciliations, onboarding
After acquiring Blue Prism earlier this year, SS&C is looking to pair its Chorus business process optimization tool with the RPA specialist.
Finos will host common domain model for Isda, Isla and Icma
The non-profit will provide a neutral, open-source repository to help the trade associations govern and maintain the CDM.
Firms challenging Cusip file new lawsuit alleging antitrust violations, breach of contract
A broker-dealer and two investment managers have filed a new, joint complaint against the quartet of companies associated with management of the Cusip numbering system.
This Week: DTCC, Enfusion, Trading Technologies, Clearstream & more
A summary of the latest financial technology news.
Lower cross-border latencies open HFT opportunities
Automated and high-frequency trading in Asia have generally lagged behind US and European markets. But as low-latency data availability increases, that may soon change.
Retooling repo: How Broadridge, Bloomberg, Tradeweb, and JP Morgan are modernizing repurchase agreements
From brokers to trading platform providers, players in the repo market are focused on initiatives around reducing settlement fails, increasing automation, and streamlining operations.
People Moves: EDM Council, Jacobi Asset Management, Versana, SIIA, and more
A look at some of the key "people moves" from this week, including Linda Avery (pictured), who joins the EDM Council's board of directors.
This Week: Ice, Cboe/Snowflake, GoldenSource, Clearwater & more
A summary of the latest financial technology news.
In finance, all APIs are not created equal
With the rise of APIs, it’s easier than ever for companies to position themselves as open to collaboration and eager to provide access, but some of these access points tell a different story under the hood.
Banks may spend ‘billions’ to stop quantum hacking threat
Quantum-proof algo standards are nearing completion, but enhanced cryptography won’t come cheap.
Rival platforms battle to control electronic trading of CLOs
Octaura has the backing of dealers, while Kopentech is leaning into its buy-side roots
Cloud and APIs begin to (slowly) permeate the post-trade space
As financial firms turn their attention toward modernizing the back office, how they approach these projects comes under new scrutiny.
How Liontrust AM reimagined tech vendor partnerships to retain IP post-Majedie acquisition
Buying off the shelf can be cheaper and faster than building in-house, but giving up IP rights to critical platforms is a trade-off some firms aren’t willing to make.
MarketAxess completes migration of Deutsche Börse’s reg reporting businesses
The market operator has onboarded about 500 new clients and aims to create new revenue streams to ease the ongoing cost and margin pressures.
People Moves: Tradeweb, Ion, Burton-Taylor, HKEx, and more
A look at some of the key people moves from this week, including Thomas Pluta (pictured), who joins Tradeweb as president-elect.
FDC3 updates interop standard with 2.0 rollout as adoption grows
Finos gets ahead of FDC3’s critical mass by making breaking changes to the desktop interop standard, including baked-in data exchange.
Bloomberg integrates with Insightful Technology to cover ‘explosion’ of communication channels
Insightful monitors in the range of 120 different communication channels and 40 different datasets, which will be integrated into Bloomberg Vault, among other BBG compliance systems.
A consolidated effort: State Street and FactSet look to take interop to the next level
Firms aim to provide a front-to-back data flow for asset managers, forming “deeper relationships” with their clients.