This Week: SimCorp/Venn; MSCI index tech M&A; Citi ETF API & more

A summary of some of the latest financial technology news.

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SimCorp, Venn by Two Sigma partner to help users manage portfolio risk

SimCorp, which was acquired by Deutsche Börse last year, has formed a new strategic partnership with Venn by Two Sigma, an investment analytics solution for professional investors.

By combining equity factor models from Axioma, which recently merged with SimCorp, with Venn’s factor analytics, the partnership aims to tackle the challenge of managing multi-asset portfolios without adding to operational complexity.

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Northern Trust building internal cloud data ‘marketplace’

Using a mix of in-house expertise and third-party technologies, the firm has constructed a cloud-based data mesh that gives internal staff access to proprietary datasets and analytical tools to deliver greater insights into client activity.

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