European Union (EU)
UBS equities team gets to grips with SFDR funds, ramps up ESG scoring
An active equities team at UBS is refining its approach to ESG integration as it converts funds to Article 8.
Waters Wrap: An EU consolidated tape—a story of market data costs & reality
After the European Commission released its proposal for an EU consolidated tape last week, Anthony explores some of the unanswered questions that still linger and what the greatest roadblocks appear to be.
Regulators turn gaze on ESG rating providers—for better or worse
Governments around the world are looking to clamp down on providers of ESG ratings and data products. Jo wonders what the implications could be for a still nascent market.
Top venues mull offering joint EU consolidated tape for bonds
Market participants worry a venue-led CT could be of low quality, with CT data used to create expensive additional products.
Competing CTPs won’t work, warn EU firms, calling for single tape provider
As the industry awaits upcoming EC proposals, some firms are voicing concerns that mandating multiple CTPs could create fresh problems around data fragmentation and connectivity costs.
Six partners with BMLL for best execution analysis
The Swiss exchange is using the vendor's data and analytics to provide insight to brokers around Swiss EBBO liquidity.
Anna Service Bureau upgrade aims to evolve with emerging data landscape
Modernization will help numbering agency data hub adapt to new technologies and improve data quality post-Isin review.
This Week: Deutsche Borse; State Street; IHS Markit; MSCI; & more
A summary of the week's financial technology news.
SFDR pushes fund administrators to rethink ESG offerings
Some fund admins prefer to build ESG products in-house, while others, notably Northern Trust, consider it ‘inefficient’ from a cost and time perspective.
UBS AM builds model for quantifying greening of heavy industry
The asset manager's quant research arm, QED, has published a framework for valuing companies in industries like cement or steel that transition to more sustainable tech.
Accenture wins contract for Esma’s big data analytics project
The consultancy will provide on-demand tooling for analyzing data collected from Data Reporting Service Providers.
People Moves: NomadData, Credit Suisse, Saxo Bank, Broadridge, and more
A look at some of the key "people moves" from this week, including Justin Manikas (pictured), who has been appointed vice president of partnerships at Nomad Data.
People Moves: Anna, Cowen, UBS, HKEx, and more
A look at some of the key "people moves" from this week, including Slawomir Zajac (pictured), who will represent Krajowy Depozyt Papierów Wartościowych SA on the Anna board.
Four years of academic study on HFT yields complicated results
A transatlantic group of researchers has examined a treasure trove of market data to see whether or not high-frequency trading is a necessary component of today’s market structure. The answer is largely ‘yes,’ but with caveats.
People Moves: Acin, NeoXam, BNY Mellon, Northern Trust, and more
A look at some of the key people moves from the past week, including Tracy Clarke (pictured), who joins Acin as non-executive director and strategic consultant.
ThisWeek: Glue42/Deephaven Data Labs, Brown Brothers Harriman, Dash Financial and more
A summary of some of the past week's financial technology news.
One step closer: How exchanges are seeking tighter relationships with clients
Increasingly, exchanges are trying to get closer to their customers, in a bid to better understand how they use market data. This move may come at the expense of data vendors that are being gradually squeezed out of the exchange-client relationship.
Esma to ink deal for big data capabilities
The regulator is ditching its legacy architecture to cope with massive volumes of reported data and new supervisory responsibilities.
Waters Wrap: When will Big Tech providers turn sights on the market data space? (And deep learning)
In recent years, the major cloud providers have expanded their service offerings specific to capital markets firms. Some industry observers believe it’s just a matter of time until they get involved in market data M&A activity.
People Moves: HKEx, LSEG, Esma, Finos, and more
A look at some of the key people moves from the past week, including Nicolas Aguzin (pictured), who joins HKEx as its new CEO.
This Week: IHS Markit; IceExchange/ BondLink; TickSmith/Snowflake
A summary of some of the past week's financial technology news.
Start-up VCs look ahead to post-pandemic world
Emerging venture capitalists saw reduced investor inflows during the pandemic. Will this dent B2B fintech investment?
Nasdaq Looks to Contextualize ESG Ratings
The exchange's ESG Footprint converts ESG data into everyday metrics to show investors the impact of their portfolios.
EU’s Cloud Vision Still Pie in the Sky
The supporters of a plan for a federated cloud architecture in Europe held a conference to discuss development plans, but it’s still unclear how the concept will work in practice.