A summary of some of the past week’s financial technology news
Bloomberg's Eugene Stern and Brad Foster discuss data challenges relating to the Fundamental Review of the Trading Book (FRTB).
GTCOM-US, once a bespoke alt data shop for the buy side, has narrowed its offering to focus on Chinese datasets as the largest alt data players get even bigger.
After Redditors staged an epic short squeeze against a handful of hedge funds, some in the industry are left wondering whether today’s models and data techniques are prepared for world where online often equals real life.
A look at some of the key “people moves” from this week, including Dave Conner (pictured), who joins BestEx Research as managing director of client services.
Anthony explores why it is that bank CTOs are so reluctant to switch out an order management system. He also wonders if changes to the SFDR ESG proposal will make the regulation toothless.
The workflow shortens the time it takes for investors to trade KTBs, and can be tweaked to suit other emerging bond markets.
Buy-sider traders remain skeptical of the benefits of algo execution for credit derivatives.
Sseoms competitors are stepping into the breach left by Bloomberg’s move to sunset the sell-side focused suite of services. This could be a chance for a new premier provider to snap up some business, while leaving others to reevaluate their standing in…
The share of electronic trading in the market remains low, but a host of factors promise to change that for good.
While not a fan of blockchain, Anthony looks at some potential use-cases for the tool in the world of capital markets. He also gives his thoughts on Broadridge’s soon-to-launch LTX platform.)
Entering a saturated market of electronic trading technology this summer, the new AI-powered platform must clear several hurdles before it can declare success.
Anthony takes a look at the Consolidated Audit Trail and concerns over its security. He also touches on the rapidly changing face of the regulatory reporting marketplace.
Market participants say the price hikes reflect the struggle among regulatory reporting service providers to run sustainable and profitable businesses.
Market participants will not have to use both the UPI and the Isin in their submissions to trade repositories, policy officer says.
The tech giant has been updating the portfolio implementation and trade management workflows on its buy-side order management system as systematic and factor-based investing needs evolve.
Ion Group has acquired Dash Financial. Whether or not this ends up being a good marriage will come down to the people making the tech platforms, Anthony says.
Interdealer brokers are looking enviously at the way exchanges have been able to grow data revenues, providing a stable stream of profits as other business lines have declined. But following the exchange model has its own challenges.
Algorithm development specialist BestEx Research is making a play to address inefficiencies in futures trading algorithms.
Companies like Ice are looking at ways to help municipal bond investors gain transparency into a historically opaque market.
Economists at the bank leveraged a combination of public and third-party data to make conclusions about the future during uncertain times.
Commonalities between the two firms' commodities pricing units bring them under regulatory scrutiny as they move closer to an acquisition deal. At the same time, it appears that IHS will lean into the regulatory reporting space.
This year, natural language processing came to the fore in capital markets, helping firms of all kinds parse huge, unstructured datasets.
Vendors don’t release new products or updates without putting their software through rigorous testing. What does that testing involve, and what different approaches do companies employ? Max Bowie finds out.