News
Axa Data Head: Cloud Faces A Growing Talent Challenge
Increasingly specialized systems call for increasingly specialized skill sets; talent acquisition and retention remain problematic.
HKEx Shakes Up the Market with Proposed LSEG Takeover
If the HKEx–LSEG merger goes through, the LSEG–Refinitiv deal would be scrapped, creating an interesting ripple effect.
FCA Working on New Data Analytics Program
The UK regulator has moved much of its data to the cloud and is using more advanced analytics as it seeks to better regulate evolving financial firms.
SEC Looks to Penalize Further CAT Delays
While still not a formal approval of new timelines, industry members should expect CAT deadlines to remain unchanged.
UBS Explores AI for Trading Functions, Real-Time Transcriptions
The investment bank is completing a proof-of-concept with Cloud9, aiming to automate front-office functions.
SEC Cites Broker Systems Complexity in Rule 606 Delay
The delay pushes quarterly reporting requirements and reporting of self-routing activity to Jan. 1, 2020.
HFT Firm Grasshopper Taps Google Cloud for Research Platform
The firm's chief investment officer, Tan T-Kiang, explains how his team is using GCP to "listen" to live market data.
Industry Bodies: EU Consolidated Tape Needs Strong Governance by Esma
Esma will use the submitted responses to draft its advice on market data costs and the European consolidated tape, which will be presented to the European Commission in December.
People Moves: MarketAxess, OpenDoor, Capitolis, FSB, CloudMargin, Fenergo, CLS
A look at some recent key people moves, including Kat Tatochenko (pictured), who joins MarketAxess.
China’s Asset Managers See More Interest from Foreign Investors
There’s an opportunity for Chinese asset managers looking to attract foreign investors, but transparency remains an issue.
DTCC Develops Tool to Support DLT Governance
The tool has been developed as part of DTCC's work with the industry to build a DLT network and governance model.
OpenFin Builds Out Visualization Functionality
The OS provider will focus on developing data visualization tools and prepping for the first wave of FDC3 standardized applications.
Finra CAT Lays Out Security Plans
Finra CAT will lean heavily on AWS to help ensure that the database is secure.
People Moves: Finra CAT Fills CTO and CISO Positions
Also, a look at new hires for IHS Markit, UBS, TickSmith, BitGo and Amber Group.
IHS Markit Considers Adding Corporate Bonds to iBoxx ChinaBond Indices
A lack of liquidity and the ability to accurately measure credit risk will be the biggest hurdles to overcome.
Quandl Uses Algos to Predict a Company's Future Earnings
EQR is part of Quandl’s move to offer more exclusive datasets to its customers.
Rimes Rolls Out ETF Managed Data Service for the Buy Side
The managed service aims to provide portfolio, risk and compliance managers with additional ETF transparency.
China Industrial Securities Taps Bloomberg for its Buy-Side Offering
Regulation and growth have pushed the investment firm to go with Bloomberg’s front-to-back suite of solutions.
Axoni Readies Blockchain Platform for Equity Swaps
The service aims to smooth swaps reconciliation—‘the Holy Grail’—for Goldman, Citi and other backers.
Plato’s Planned Platform Could Serve as Precursor to European Consolidated Tape
Industry experts say not-for-profit organization is building a post-trade market data platform that could be a precursor to an EU consolidated tape.
Swift Develops API to Automate KYC Registry Data Consumption
The API was recently made available to all registry customers, with plans to offer a 'proactive API' next year to push new and updated data.
People Moves: Capitolis, Crux, Visible Alpha, E*Trade
A look at some recent key people moves, including Justin Klug (pictured), who joins Capitolis.
Consolidated Tape Will Not Make Data Cheaper
Market data consumers will still have to buy feeds from the providers, says FIX co-chair.
Bloomberg Expands Regulatory Reporting Suite with RegTek Buy
Bloomberg hopes to offer wider reporting services for regulatory schemes across the globe.