News
One step closer: How exchanges are seeking tighter relationships with clients
Increasingly, exchanges are trying to get closer to their customers, in a bid to better understand how they use market data. This move may come at the expense of data vendors that are being gradually squeezed out of the exchange-client relationship.
Technical difficulties: OpenFin says it’s committed to FDC3, while others have their doubts
After quietly pulling its Finos membership this year, OpenFin’s involvement—at least in the public forum that governs it—with the interop standard it has championed for years, continues to dip. Though the vendor has re-affirmed its commitment to FDC3…
People Moves: LiquidityBook, BondIT, Sterling Trading Tech, Old Mission
A look at some of the key people moves from this week, including Sayant Chatterjee (pictured), who has been appointed chief operating officer at LiquidityBook.
This Week: FlexTrade Systems, NeoXam, Eventus Systems, Substantive Research
A summary of some of the past week's financial technology news.
IBM’s ‘Cloud Satellite’ targets banks convinced of decentralized trading model
The tech giant believes a hub-and-spoke model is the future of trading. In part, it is using its new cloud offering to lure financial services firms that are looking to open remote offices to find new talent.
Shorter settlement cycles could hit non-US firms hard
As efforts continue to shorten the settlement cycle for US securities to T+1, market participants in Asia worry about the potential implications.
Esma to ink deal for big data capabilities
The regulator is ditching its legacy architecture to cope with massive volumes of reported data and new supervisory responsibilities.
People Moves: Rimes, LCH, LSEG, ACA
A look at some of the key people moves from the past week, including Brad Hunt (pictured), who joins Rimes Technologies as its new CEO.
Cyber attacks top threat to US financial system—bank CEOs
Lawmakers have signaled a readiness to act as finance chiefs warn of heightened cyber risks.
This Week: SimCorp/JP Morgan; SGX/TNS; Barclays/MarketAxess and more
A summary of some of the past week's financial technology news.
Oats retirement imminent as Cat maintains data quality, Finra says
Oats reporting could be fully migrated to the Consolidated Audit Trail and the Oats system retired as early as June 30.
Inside RBC’s Aiden project: 5 years of deep learning
Aiden, a trading platform launched last year, is the product of five years of experimentation with deep learning by RBC Capital Markets on top of an additional five years of hypothesizing about what best execution would one day require.
Video surveillance data: Useful or not?
While some technology vendors say video communication surveillance can help monitor serious compliance breaches, others see such data as a source of additional contextual information.
Beyond ratings: Vendors look to fill ESG data gaps
Start-ups and non-traditional data providers are exploiting niches where investment professionals can't rely on ratings.
Acadian builds ‘green screen’ to auto-filter ESG phoneys
The $110 billion quant investor is creating an automated system to spot greenwashers.
People Moves: HKEx, LSEG, Esma, Finos, and more
A look at some of the key people moves from the past week, including Nicolas Aguzin (pictured), who joins HKEx as its new CEO.
This Week: IHS Markit; IceExchange/ BondLink; TickSmith/Snowflake
A summary of some of the past week's financial technology news.
What can HKEx’s Synapse learn from watching ASX’s game of Chess?
HKEx is looking to leverage smart contracts for its Synapse platform. Sell-side participants are generally positive as to the reasoning behind the build, but observers warn the ambitious project still has challenges to overcome.
Quoniam AM turns to machine learning for non-linear stock relationships
The Frankfurt-based asset manager is using machine learning to look at the performance of stocks with low returns, high-growth.
Exegy, Vela merge; say scale will fuel further acquisitions
The deal will create growth synergies between the vendors' trading systems, and provide an execution capability based on Exegy's trading signals.
IMD & IRD Awards 2021: All the winners and why they won
Here are the 27 category winners of this year's Inside Market Data & Inside Reference Data Awards.
Sell-Side Technology Awards 2021: All the Winners and Why They Won
Here are all 30 category winners from this year's virtual Sell-Side Technology Awards.
Goldman inks modeling, data tie-up with MSCI
The move to cross-sell risk analytics could herald further content deals for the bank’s Marquee platform, says its sales chief.
People Moves: BNY Mellon, State Street, Citadel Securities and more
A look at some of the key people moves from this week, including Laide Majiyagbe (pictured), who has been appointed head of financing and liquidity at BNY Mellon Markets.