The data provider is utilizing generative AI and large language models to provide a conversational interface in FactSet Workstation that will complement AI-powered workflows and products.
Does the SEC’s recent 10C-1a rule provide sufficient transparency while protecting traders’ short-sale positions from a GameStop-style backlash? The data will be key.
A lot gets made about how much fixed income has been electronified. Anthony says that “percentage” ignores the important technological evolutions and strategic shifts being made by the vendor community.
The new tool is the culmination of integrating recent acquisitions, including IHS Markit, ChartIQ and Kensho.
Through a combination of its own technology and partnerships with fixed-income mainstays Bloomberg and Tradeweb, S&P is looking to create end-to-end workflows to simplify trading of primary bond issues for both buy-side and sell-side firms.
Little has been heard of the company formed by Pimco, Man Group, State Street, IHS Markit, Microsoft, and McKinsey since their announcement in January 2021.
The combined entity will look to tap into AI tools provided by S&P’s Kensho outfit and AWS’ cloud to build new analytics platforms.
A new study finds that asset managers are paying several times more than their peers for the same services—but why? And can it be fixed? Does it need to be?
ChartIQ’s former owner, Finsemble, will continue to focus on building out its desktop integration business.
As crypto markets face a reckoning in the wake of the FTX scandal, standard-setters and industry participants say identifiers for tokens are key for the industry’s stability.
S&P-owned AI tool Kensho is leveraging its parent's massive datasets with its own machine learning to release a series of tools for analysts.
A broker-dealer and two investment managers have filed a new, joint complaint against the quartet of companies associated with management of the Cusip numbering system.
Anthony looks at some of the major cloud-based projects to hit the capital markets over the last 2.5 years.
A judge for the Southern District of New York has also ordered that two class-action suits brought against Cusip Global Services and its affiliates earlier this year be consolidated.
As a major player exits the corporate actions data vendor arena, Bloomberg is continuing to enhance its data offering while the market braces for a shake-up.
Days after a first class-action suit took aim at Cusip, S&P Global, the American Bankers Association, and FactSet, another plaintiff has filed a complaint alleging that the quartet of companies violated the Sherman Antitrust Act, as well as certain…
Building a startup is hard. Building a blockchain startup is harder. More than 10 current and former financial blockchain builders and users detail their experiences of trying to cut their teeth on a once-darling tech, and the lessons they’re still…
A complaint filed March 4 seeks judgement on whether Cusip Global Services, S&P Global, the American Bankers Association, and (now) FactSet have violated copyright laws as well as the Sherman Antitrust Act by charging hefty licensing fees to use the…
A summary of the latest financial technology news.
A look at some of the key people moves from this week, including Michelle Neal (pictured), who joins the Federal Reserve Bank of New York as head of the markets group.
Though the standard has always been operated by a private entity, industry sources say its new operator could create a perception issue for FactSet. For its part, the vendor says the purchase (for a “stunning” total of nearly $2 billion) is meant to…
EDM from IHS Markit: still thriving after all these years.
IHS Markit repeated last year's success in the best buy-side corporate actions platform by winning the category again in this year's Buy-Side Technology Awards.