Born from a consortium that includes JP Morgan and Bank of America, Versana aims to bring up-to-date and permissioned data to the syndicated loan market—the first step to a more transparent and faster operating market.
Project: Connect Studio—Analytics
Rishi Nangalia and Nilesh Nanavati, founding partners of advisory firm OpCo, say that while consortium projects are popular in the capital markets, most fail to get off the ground. Can that be prevented?
Cloud9 expands Symphony's communication channels to trader voice, in an effort to simplify workflows as Wall Street struggles with compliant communications.
What began as a small buy-side technology offering, now has ambitions to oust Fidessa in the sell-side OMS space. LiquidityBook, now armed with a handful of ex-Fidessa employees, has secured the product expertise. Can it secure the clients?
Industry veterans says there’s a dearth of market data management talent in the lower ranks. Following Max Bowie’s coverage, Anthony explores some other reasons for this brain drain.
Neal Pawar, the former CTO of AQR and current COO of Qontigo, chats with Anthony about some of the major trends that are changing how asset managers interact with the vendor community, and how this shift mirrors the most significant evolutions in capital…
Octaura has the backing of dealers, while Kopentech is leaning into its buy-side roots
A look at some of the key people moves from this week, including Thomas Pluta (pictured), who joins Tradeweb as president-elect.
Connect Studio: the art of the possible
Project Octopus becomes Octaura, killing BofA’s Instinct platform and Citi Velocity trading protocol
Backed by the banks in the Project Octopus consortium, the new, independent company will launch this year with a focus on new trading protocols and integrated data analytics. At the same time, Bank of America will sunset its single-dealer loan trading…
A look at some of the key people moves from this week, including Shannon Johnston (pictured), who joins Deutsche Börse as chair of the supervisory board's technology committee.
Coded reporting requirements could save banks “millions” in compliance costs, bank execs say.
A look at some of the key "people moves" from this week, including Prerak Sanghvi (pictured), who joins Clear Street as vice president of engineering.
A summary of the latest financial technology news.
Embryonic work on quantum neural networks raises hope of faster, more accurate models
From crypto and Web3 to Robinhood and Reddit, democratization underscores it all. While it’s a largely benign concept that aims to level the playing field between institutions and individuals, it’s also really hard to get right.
Top dealers clear crypto futures for select clients despite smorgasbord of risks
A look at some of the key "people moves" from this week, including Julian Elliot (pictured), who joins Integral as senior product officer.
Similar to its competitors, BMO wants the future development of financial services tools to be cloud-native. The bank expects 30% of workflows to be moved to the cloud within three years.