Now that cloud has become widely adopted by financial firms, Big Tech companies are seeking to leverage their other services to become more ingrained in the workflows of the capital markets.
With the post-trade space poised for major change, startup clearing firm RQD says a new cloud-based platform will help it respond to client needs and new business opportunities.
New research highlights predicted growth areas for cloud computing—and the tools it enables, such as AI and machine learning—in the capital markets. Spoiler alert: Google says cloud is becoming as ubiquitous as the search giant itself.
Fixed-income liquidity providers, battling tighter margins, want to execute directly with clients, but are buy-side and tech firms willing to absorb the connectivity costs?
The platform operator plans to extend its all-to-all corporate bond trading expertise to the loan market, which lags other fixed-income instruments in both tech adoption and the level of transparency.
Implementing governance structure for new US public equities datafeeds within a year is highly unlikely, say industry observers.
By leveraging Google’s AI and data-sharing capabilities, Symphony is strengthening its ties with the tech giant, which is also an investor in the platform.
The deal will create growth synergies between the vendors' trading systems, and provide an execution capability based on Exegy's trading signals.
Despite a series of ambitious content expansion projects and senior hires, the low-cost vendor failed to win over institutional clients.
Sources say initiative is designed to fend off higher fees and disintermediation in case established multi-dealer platforms start trading CLOs.
US competing consolidators grapple with pricing uncertainty as SEC, exchanges battle over new Sip regime
Vendors who want to provide consolidated market data under the SEC’s new system can’t make plans until they know how they are going to be charged for market data. But the fee schedules are mired in legal action and confusion.
Market participants say the price hikes reflect the struggle among regulatory reporting service providers to run sustainable and profitable businesses.
Jo predicts we will see a rise in no-code or low-code tools in the analytics space, but some barriers to scale remain.
Algorithm development specialist BestEx Research is making a play to address inefficiencies in futures trading algorithms.
A look at some of the key people moves from this week, including Steven Nichols (pictured) who has been appointed head of NLP and unstructured data at Liquidnet.
The pandemic has caused setbacks in electronification and streaming in the US government bonds market.
NatWest, XTX Markets and others are developing new outsourcing models for tech.
Due to the pandemic and rapid advancements in the fields of AI and mobile technology, regulators in the US and Europe have unique challenges on their hands.
Not having specific requirements and procedures for firms to refer to ended up putting some funds in a tough place during the pandemic’s early days.
Some users favor a licence fee over per-trade charging—and have forced vendors to make the switch.
Firms are investing in new solutions for monitoring the front office in lockdown conditions, but the latest technologies raise concerns about privacy and intrusion.
If hedge funds and VCs tighten their spending in 2020—a likely outcome—it could be the alternative data market taking the brunt of the punishment.
A summary of some of the past week’s financial technology news.
An examination as to how the buy side is embracing algo wheels and where the challenges still remain.