The open-source nonprofit is looking to leverage its capital markets membership to expand its footprint.
While many firms have enforced hiring freezes during the pandemic, the regulatory reporting vendor has plans to aggressively grow its staff count.
NextGen Strategic Advisors partnered on the Oneview extension, which combines machine learning and NLP to help firms prep for Libor’s discontinuation.
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.
Vendor firm will release enhancements to allocation, pre-trade compliance, and reporting and analytics in September.
A summary of some of the past week’s financial technology news.
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.
The custodian bank will receive and transmit European listed options and derivatives orders from buy-side clients.
Following a $2.5 million funding round from ETF specialist ETFS Capital, Velox plans to offer server-side interoperability.
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.
Software testing and monitoring keeps market infrastructure a step ahead amid market volatility.
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.
The bank and Charles River are planning the next phase of enhancements to the Alpha trading platform.
Sources say a pricing war and cost pressures are causing service providers to reconsider their regulatory reporting businesses.
Driven by common industry pain points and unforeseen complications, capital markets firms have begun using open-source technology more widely.
As CAT reporting activity picks up, error rates have somewhat surprisingly been well below what was expected in the testing and production environments.
Users are also able to onboard customers and interact with them on WhatsApp through the secure messaging platform.
The regulator is consulting on outsourcing contract guidance that would give firms and supervisors access to the books and premises of providers.
Two former Fidessa employees are working with Glue42, which in turn is working with Fidessa and Ion, on bringing interoperability to the OMS space.
The pandemic has highlighted the need for greater automation, leaving some retail banks to embrace RPA, which could seep into the wholesale capital markets.
The Chicago-based exchange has also released its first integrated solution with risk analytics provider Hanweck, which it acquired in February.
Execs from Barclays, IBM & Post-Quantum discuss why financial firms have to start preparing today for the future of hacking and quantum computing.
As the boundaries between work and home blur, monitoring and privacy may be at odds.
Client feedback and priorities will drive the next phase of the market structure firm's project to modernize settlement.