India
Hub to lay off 20% of staff, sources say
Hub’s CEO says this is simply a case of a startup trying to stay nimble and efficient; others say it points to deeper issues.
Where have all the blockchain startups gone?
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…
People Moves: WFE, MSCI, Broadway Technology, Tora and more
A look at some of the key "people moves" from this week, including Ed Tilly (pictured), who has been appointed chairman of the World Federation of Exchanges.
Standard Chartered, Bloomberg develop electronic workflow for Korean Treasury bonds
The workflow shortens the time it takes for investors to trade KTBs, and can be tweaked to suit other emerging bond markets.
Bloomberg's FIGI: A Case of Red Light, Green Light
After the route toward accreditation via the ISO petered out, Bloomberg is vying to establish its reference data standard as a system of record in the US, following a win in Brazil.
BNY Mellon, Deutsche Bank to Extend FX API for Indonesia and India
The two are working out the necessary regulatory, tax, and documentation needed to provide custody services for foreign exchange transactions in the two countries.
This Week: MEMX, Sifma, Bloomberg, State Street, Digiterre, Infosys
A summary of some of the past week’s financial technology news.
Banks Grapple with VPN Capacity Amid Covid-Induced Network Strain
Private network limitations and variable internet connectivity have challenged operational resiliency and business continuity plans.
Interactive Brokers Creates Vendor Arm to Consolidate Data Ops
The creation of GFIS is the culmination of a three-year plan to consolidate and improve how the broker managed hundreds of data sources.
UBS Cuts Outsourced Tech Jobs
The investment bank has eliminated thousands of roles and revamped its approach to outsourcing over the last two years.
TP Icap Digs for Data Treasure on Faraway Shores
TP Icap is expanding its coverage of region- and asset class-specific data.
Bloomberg Puts BSE XBRL Data on Terminal
Bloomberg users can now access Bombay Stock Exchange data via a faster and more accessible format.
A Look Back at Major Developments in Asia from 2018
From the data battle between the SGX and India to the ASX green-lighting its clearing blockchain project, Wei-Shen Wong looks back on topics that made headlines this past year.
Bloomberg Adds Indian Derivatives Datafeeds
Subsidiaries of NSE and BSE expect an increase in liquidity for Indian derivatives products.
India’s Proposed Data Privacy Bill Mandates Local Storage
A proposed data protection bill raises some concerns, especially for financial institutions dealing with India data.
After Arbitration Deal, SGX’s Indian Products Survive—For Now
The final outcome of the arbitration award is expected to be announced by the first quarter of 2019.
Burton-Taylor: Regulation-Driven Data Spend to Grow, But Desktops Threaten Resurgence
Burton-Taylor's annual sentiment survey shows record levels of optimism in some areas for 2018 with slight contractions next year. Max Bowie reports on the trends reported by survey respondents.
Orient Express: Accelerating the Rise of the CDO in Asia
Wei-Shen Wong documents the rise of Asia-based chief data officers, and their place in the structure of both local and global firms.
SGX-NSE Battle Could Become a Long War
The exchanges are currently undergoing arbitration regarding the launch of SGX’s new futures contracts meant to succeed the outgoing SGX Nifty 50 suite of products.
Wavelength Podcast Episode 123: An Examination of the SGX-NSE Row; Esma Targets Reporting Platforms
Wei-Shen Wong joins to discuss the brewing battle between the SGX and NSE and Anthony and James look at Esma's shot at reporting platforms.
SGX-NSE Showdown Outcome May Have Roots in Prior Suit
In its battle with India's exchanges, SGX may be able to use a judgment in a previous disagreement between ICE and Nymex.