Keen to trim the resources they expend on interpreting licenses, investment firms are exploring how they can turn data agreements into machine-readable code. Doing so is fraught with challenges.
The company is rolling out two new APIs centered on oil as part of a broader push to bring commodities trading on par with cutting-edge equities markets.
The data provider has made its new data 'storefront' available after revealing plans to do so earlier this year.
Following initiatives with S&P Global Market Intelligence, Kensho Technologies is tackling new projects for sibling department S&P Global Platts.
A look at some the key "people moves" from last week, including Mike Hill (pictured), who joins Compliance.ai.
The Blockchain network will capture and aggregate oil inventory data and distribute it to clients and the local regulator.
The integration will allow Platts subscribers to view the vendor's data in Updata's Analytics workstation.
The new methodology will incorporate more data to strengthen Platts' benchmarks and increase price transparency.
Platts officials say incorporating data from ICE will expand the percentage of natural gas markets reflected in its prices.
The indexes will allow market participants in Brazil to price OTC commodity derivatives contracts against S&P benchmark prices.
The acquisition, which is expected to close before the end of September, will accelerate the development of S&P Global Platts' commodities analysis offering.
Platts analysts say the product will bring transparency to an emerging spot market dominated by clauses that restrict trade.
The service will provide key news, pricing and commentary for those involved in the Mexican commodities markets seeking to take advantage of the liberalization of the Mexican energy industry.
As we chase outright speed, we mustn't lose sight of the underlying data about a company that makes that speed so important.
When paired with Platts Bentek's forecasts, the new forward curves will give a complete short- and long-term view of NGL price expectations.
Before acquiring Commodity Flow, Platts distributed the vendor's data as part of its cFlow product.
New innovations in technology and data transparency have the potential to expand commodities markets by exposing more information.
Data consumers and vendors are seeking to apply strategies and technologies from equities to other markets.
Even with the best tools, predicting the future can still be hit-or-miss.
The new division will combine tools created in-house with others resulting from acquisitions.
The acquisition has also produced a series of changes to the vendor's executive leadership.
Most pople compare market data to Formula One because of speed. But that's just one similarity between the two.
Platts drills into the Chinese oil markets with the launch of its new Chinese Oil Analytics Platform
Acquisition will allow the vendor to enhance the content and capabilities of its S&P Capital IQ and Platts businesses.