News
LSEG-Microsoft products on track for 2024 release
The exchange’s to-do list includes embedding its data, analytics, and workflows in the Microsoft Teams and productivity suite.
Nasdaq says SaaS business now makes up 37% of revenues
The exchange operator’s Q3 earnings bring the Adenza and Verafin acquisitions center stage.
The causal AI wave could be the next to hit
As LLMs and generative AI grab headlines, another AI subset is gaining ground—and it might solve what generative AI can’t.
BlackRock forecasts return to fixed income amid efforts to electronify market
The world's largest asset manager expects bond markets to make headway once rates settle.
This Week: JP Morgan, Broadridge, Lloyds, JSE, Schroders, and more
A summary of the latest financial technology news.
Tech spend, AI fuel JP Morgan’s fight against Big Tech giants
JP Morgan Chase, which has spent more than $15 billion this year on technology, intends to invest even more to compete against tech behemoths.
What firms should know ahead of the DSB’s UPI launch
Six jurisdictions have set deadlines for firms to implement the derivatives identifier, with more expected to follow.
Bloomberg creates one-stop shop for portfolio managers on Terminal
PM <GO> is a new workstation meant to support buy-side decision-making from analysis to implementation.
Getting up to speed: Shortwave Chicago-London link clocks under 25ms
Industry benchmarking body Stac reports audit findings on the latency and throughput of Raft Technologies’ Chicago-London links.
This Week: Broadridge/UBS, Bloomberg, MarketAxess, ICE, and more
A summary of the latest financial technology news.
New threats, old foibles prompt banks to switch GRC vendors
Op Risk Benchmarking: more than half of participants are reviewing or switching systems
Google bullish on AI benefits in the face of fears over unchecked growth
Tech giant quells fears over a Skynet-style reality, stressing a risk-based approach to AI usage during a panel in London on Thursday.
LiquidityBook buys Messer in effort to beef up portfolio management capabilities
The OEMS provider has purchased the Hong Kong-based PMS provider—but don’t say it’s solely a play for the buy side.
People Moves: DTCC, Adaptive, Northern Trust, SmartStream, Broadridge and more
A look at September’s people moves within the capital markets technology and data space.
This Week: FIX; DLT report; reporting fines; derivatives tech; startups and more
A summary of the latest financial technology news.
Crypto ECNs aim to offer alternative to Clobs
CrossX and Cypator bring ECN-style trading and settlement to crypto, but rivals claim infrastructure isn’t ready
SGX’s new FX platform sees increased NDF trading from US firms
Sef exemption opens door to increased US buy-side interest
S&P tests ‘ChatIQ’ genAI search tool in revamped CapIQ desktop
The new tool is the culmination of integrating recent acquisitions, including IHS Markit, ChartIQ and Kensho.
This Week: EuroCTP, CME/DTCC, State Street, Broadridge and more
A summary of the latest financial technology news.
Snowflake partners with BMLL in another big tech-fintech tie up
The collaboration comes as part of both companies’ desire to eliminate end users’ need for intensive data engineering, as well as costly in-house data storage.
ICE to offer ultra-low latency data between the US and Europe
The offering will run eastward, connecting routes in the US with European markets in London, Frankfurt, and Bergamo.
Vendors under new scrutiny in CFTC due diligence push
The planned cyber resilience regime will force dealers to subject “critical” tech vendors to stricter audits.
Integration looms large for buy-side firms deciding on whether to buy or build
As high-speed trading systems become par for the course, asset managers turn their focus to integration capabilities, according to a new study.
This Week: Nasdaq, ICE, FIA Tech, SimCorp and more
A summary of the latest financial technology news.