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This Week: CME/IHS Markit, Bloomberg, OpenExchange, Equinix, and more

A summary of some of the past week’s financial technology news.

news updates

CME, IHS Markit launch OSTTRA joint venture

Derivatives exchange CME Group and data and analytics vendor IHS Markit have launched a joint venture, OSTTRA, a new post-trade services company.

OSTTRA, owned equally by CME Group and IHS Markit, is a provider of post-trade solutions for the global over-the-counter markets across interest rate, FX, equity, and credit asset classes. It incorporates CME Group’s optimization businesses⁠—Traiana, TriOptima, and Reset⁠—and IHS Markit’s MarkitSERV

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M&As, MCPs and why clean data is essential

The Waters Wrap: Financial firms are racing to adopt AI—but the payoff depends on having the right foundations, particularly clean, normalized data, writes Wei‑Shen.

How governance-first architecture stabilizes complex systems

Chetan Patil argues that many transformation projects fail not because of the technology but because of weak data governance. Adopting a governance-first discipline early (and building speed, resiliency, and credibility over time) is best.

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