Markit
This Week: Northern Trust/BackRock, Nasdaq, IHS Markit/OpenGamma, MEMX, and More
A summary of some of the past week’s financial technology news.
People Moves: Refinitiv, Qontigo, GAM, OSTC, Outset Global
A look at some of the key "people moves" this week, including Stephan Flagel (pictured), who joins Qontigo.
After Fidessa Exodus, Some Users Brace For Trouble
WatersTechnology spent three months examining Fidessa to see what has transpired inside the vendor since the Ion acquisition. During a period of great change, a lot of questions—and worry—remain.
Ultumus Hires Orangun to Build Data Platform
Orangun brings to the role a history of successfully revamping data platforms in previous roles at IHS Markit.
Vendors Prep for Initial Margin Big Bang
Tech providers are emerging from all corners as the final phases of initial margin rules closes in, which are expected to capture over 1,000 buy-side and sell-side firms over the next 18 months.
Crowded Alt Data Market Makes Standing Out Difficult for Providers
As alternative data companies battle for capital and a coveted spot in investment managers’ portfolio strategies, they are turning to bespoke marketing and partnerships to stand out in an industry where firms still struggle with data science resources.
Isda Forges Tech Alliance Ahead of Initial Margin Deadlines
Isda joins forces with AcadiaSoft as the industry prepares for the final phases of the initial margin deadlines.
Tech Releases Surge Ahead of Initial Margin Deadlines
The final phases of initial margin rules are expected to capture over the next two years more than 1,000 buy-side and sell-side firms, which technology providers see as potential customers.
IHS Markit Overhauls Derivatives 'Nerve Center' with TradeServ Launch
MarkitSERV plans to retire DSMatch and fold MarkitWire and other products into cloud-based platform.
IHS Markit Expands EDM to Non-Financial IHS Data
After expanding its EDM platform to cover the energy industry, IHS Markit now aims to apply it to data on other relevant industries from IHS..
Global Fragmentation Looms in FRTB Data Pooling Stand-Off
The upcoming FRTB market risk framework allows financial firms to take different approaches to non-modelable risk factors: either capitalize risk factors that lack observable pricing in-house, or use a vendor-run data pooling utility. But, as Dan…
Wary Brokers Sound Alarm on Mifid II's RTS 28
Brokers are concerned that reports on best execution, due in just a few days, may be too onerous to produce in full.
RegTek.Solutions Makes Two Senior Sales Hires
New appointments will support the vendor’s growth in North America and Europe.
The Big Crunch: Traditional Tech’s Great Contraction
Waters examines how this recent wave of consolidation is different than previous periods of contraction.
Buy Side Bands Together on Blockchain Vision in Landmark Paper
Fund managers, vendors and trade associations release joint paper on making distributed-ledger technology work for the buy side.
Wisconsin’s Pension Fund Completes Architecture Overhaul
SWIB began the project four years ago, which included the introduction of eight new technologies.
Eze Links with Trade Informatics for TCA
Vendor follows up OTAS deal with another agreement to incorporate third-party analytics
Waters Rankings 2017: All the Winners and Why they Won
Our reporters take a look at this year’s Waters Rankings category winners, complete with write-ups explaining their achievements over the last 12 months.
Sell-Side Technology Awards 2017: All the Winners and Why they Won
The two final categories of this year's Sell-Side Technology Awards ─ best overall sell-side product for 2017 and best sell-side technology provider for 2017 ─ were won by Nasdaq and IHS Markit, respectively.
FactSet Adds Markit Bond, CDS Data
The bond and CDS data is part of an ongoing expansion of the Markit content that FactSet carries on its platform.
Markit Debuts Wall Street Horizon-Powered Event Data Service
The Hub Horizon event data service is available via the Markit Hub content portal.
Xignite Hires Data, Finance Execs to Boost Sales in 2017
Since October, the vendor has hired a trio of execs, kicking off expansion plans for the coming year.
Reporting for Duty: The Growing Reporting Burden of MiFID II
MiFID II expands the scope of trade and transaction reporting requirements, leaving some firms struggling to comply.
Markit's Rayfield Moves to Asset Control
Rayfield has spent more than 25 years in trading, technology and data client services roles.