For £161.1 million, Confluence has purchased StatPro. Both companies stand to gain more global clients, and users can expect new products meant to alleviate pain points felt by the buy side.
The company plans to test machine-learning models in the coming months to automatically fix IT system fragmentation.
A look at some of the key "people moves" from the last week.
Financial firms are pushing for a distributed market infrastructure model through efforts like Isda's Common Domain Model and distributed ledger technology.
The bank's R&D arm, Main Incubator, has piloted blockchain projects, including settlement of commercial paper in T+0.
A look at the some of the week's key people moves, including Steve Wilcockson (pictured), who joins Azul Systems.
The vendor is live with FX NDFs on the new cloud-based platform, but credit has been pushed to 2020 earliest.
The regulatory reporting utility product for fund managers is targeted to go live by mid-2020.
The new business unit will unify Liquidnet's last three acquisitions: Prattle, RSRCHXchange, and OTAS.
A look at some of the key "people moves" over the past week, including Renaud Oury (pictured), who joins Apex.
Post-trade company looks to stay ahead of DLT curve with plans to act as CCP for firms trading on permission-based blockchains.
Alternative data is maturing. But with its growth spurt comes growing pains—just ask Thasos Group. And though the market is still in its adolescence, it’s starting to face some grownup challenges.
The Swedish company is working with a third-party to build the solution, which will launch in Q4.
The Danish vendor is looking to partner with fintechs to allow for buy-side firms to benefit from minimal integrations and to reduce contractual barriers.
An examination of how long-serving industry veterans are finding a home at fintech startups.
A look at some of the key "people moves" over the past week, including Howard Surloff (pictured, right), who joins Blockchain.
Industry experts voice concerns regarding the drafting of the regulation and the length of time to prepare, particularly as firms are still waiting on guidelines to be published.
During the most recent CFTC TAC meeting, members discussed interoperability issues, as well as quantum encryption concerns.
Financial firms must maintain a register of all outsourced critical functions under new guidelines now in effect in Europe.
Revamping systems for STP is more useful than robotics applied to limited aspects of operations and workflow.
A look at some of the key "people moves" from the past week, including Marion Leslie (pictured) who joins SIX.
The technology provider is using advanced techniques and encryption to enable institutions to share AI models.
The free tool, offered exclusively to EDM Council members, will help them assess the impact of new regulations on data management practices.
US mortgage financing enterprise hopes to transition to a new digital system for its multi-family loans mortgage book in 12 to 15 months.