Operations
Aquis Exchange Progresses with NEX’s Tech Migration
The exchange initiated the tech overhaul after realizing some of the NEX platforms were “out of date” and “terrible”.
This Week: Isda, Refinitiv, NICE Actimize, OpenFin, Gresham, Genesis & More
A summary of some of the past week’s financial technology news.
After Acquisitions, Broadridge Looks to Expand Continental Europe Fund Comms Business
The financial services firm aims to branch out beyond the UK and Ireland with its fund communication solutions business.
Vaccine Tracking Data—The Next Big Alt Dataset
Investment firms and vendors are searching for signals in healthcare and pharmaceutical data in a bid to get a leg up on a Covid-19 vaccine.
Crux Preps New Data Access, Wrangling Tools; Aids MSCI Delivery
The vendor is working on new ways for clients to identify and get the most value out of datasets and help data providers such as MSCI satisfy new client demand.
Lazard Asset Management Implements ESG Mapping Tool
The investment manager has developed frameworks to better understand how ESG issues impact individual company performance and sectors.
NICE Taps SIX-Xignite Cloud Data Combo for Trade Surveillance
In addition to supporting NICE Actimize's needs, the partnership opens SIX up to new potential audiences beyond its back-office feed clients.
SmartStream Launches Tool for Intraday Liquidity Stress Tests
The module allows clients to perform stress testing on demand, integrated with data from the vendor's cash and liquidity management solution.
The Problem with Big Ideas (and Some Ramblings on Virtual Desktops & Tech's Blurred Lines)
Isda's CDM leaves banks questioning the way forward; the rise of virtual-desktop infrastructures; generic business intelligence tools become more popular.
This Week: VMWare, Samsung and Salesforce; Wolters Kluwer; Verint, Cloud9; TP Icap; and more
A summary of some of the past week's financial technology news.
Barclays Blueprint for Post-trade Plumbing Puts Onus on FMIs
The institution is banking on financial market firms to drive adoption of the Isda CDM by offering it with new products and services.
Future of Operations Hinges on Tech Approach, Industry Collaboration
ISITC's Lisa Iagatta explains why the industry will need to come together to tackle new challenges facing the world of operations.
Finos Targets Retail Banking
The open-source nonprofit is looking to leverage its capital markets membership to expand its footprint.
SteelEye to Hire CME Reg Reporting Talent
While many firms have enforced hiring freezes during the pandemic, the regulatory reporting vendor has plans to aggressively grow its staff count.
Numerix Develops New Libor Transition Tool
NextGen Strategic Advisors partnered on the Oneview extension, which combines machine learning and NLP to help firms prep for Libor’s discontinuation.
IPC Plans New Remote-Trading Tools
Due to more people working remotely, the vendor plans to roll out a new tool for users to optimize performance and bandwidth, and will upgrade its Unigy Pulse and IQ/MAX Omni platforms.
TradingScreen Continues OMS Expansion on the Buy Side
Vendor firm will release enhancements to allocation, pre-trade compliance, and reporting and analytics in September.
This Week: BNY Mellon, ASX, DTCC, SteelEye/UnaVista & More
A summary of some of the past week’s financial technology news.
CME Reg Reporting Competitors Vie to Fill the Void Ahead of Withdrawal
With over five months to go until CME unwinds its regulatory reporting businesses, competing firms are pushing to fill the service gaps and grab a slice of the market share.
Northern Trust to Add Options and Derivatives Outsourced Trading Capabilities
The custodian bank will receive and transmit European listed options and derivatives orders from buy-side clients.
Velox Eyes ETF Trading Tech Space
Following a $2.5 million funding round from ETF specialist ETFS Capital, Velox plans to offer server-side interoperability.
Citycom Employs Facial, Object Recognition for Covid Remote Working Security Checks
The new solution can give firms insight into the activities, performance, and health of employees working from home during the Covid-19 outbreak, to monitor for potential risk factors and security breaches.
Trading Venues Face Resilience Test in Covid-19 Pandemic
Software testing and monitoring keeps market infrastructure a step ahead amid market volatility.
CME’s Reg Reporting Rollback: A Sign of What’s to Come
Sources say the exchange group’s scaleback is a result of pricing wars, unsustainable business models, and the realities of commercially supporting a regulatory reporting business.