Because it’s easier to switch tech providers, and because the pandemic is helping to push firms to want tools delivered as a service, and because of new rules, and because of mounting challenges from startup fintech companies, Anthony says that incumbent…
Jo struggles to see how the SEC could approve fee proposals for exchange market data fees.
MayStreet chief policy officer Manisha Kimmel joins the podcast to talk about how national markets system data is charged for.
A summary of the latest financial technology news.
When it comes to private companies, data transparency still lags its public market equivalents, and a lack of data quality and availability is a barrier to increased investor participation. But an alliance between a startup and niche brokers is aiming to…
The second half of the year saw some long-awaited progress in the mission to fill the void of a consolidated tape in the European Union.
This year, the SEC pulled the trigger on competing consolidated tapes and a new market data governance plan. In 2022, we will know if some of it can go ahead, or remain stymied by legal battles.
A look at some of the key people moves from this week, including Erik Thedéen (pictured), who has been appointed vice chair of Esma.
An active equities team at UBS is refining its approach to ESG integration as it converts funds to Article 8.
The industry forum looks to inform recommendations for the safe use of AI in financial firms.
A summary of some of the past week’s financial technology news.
The lack of a reporting template means “people can give the least amount of data possible”, warns a bank CISO, stymieing data sharing.
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.
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.
The vendor is introducing additional alerts for trade surveillance to help tailor its solution for OTC fixed income.
Market participants worry a venue-led CT could be of low quality, with CT data used to create expensive additional products.
Vendors grapple with unstandardized data reporting and data gaps in their push to develop a consolidated tape, as the EU prepares to unveil its latest legislative plans.
Aspirant ‘competing consolidators’ were hoping for a lot more leeway than they got in an important fee filing, Jo says. By Jo Wright
Sources ID Ice and DTCC as suitors, but new owners may not bring relief to users paying millions.
Regulators have been reluctant to specify cloud risks, despite warnings of overreliance on three big providers.
The tech giant believes its AI tools have a multitude of applications across some of the complex data challenges of financial markets, and it’s starting with the manual and complicated world of corporate actions. Some believe it will be an uphill battle.
The business unit of the new equities data plan could revolutionize pricing and accessibility in the public feeds of NMS data, say hopefuls to the role, but litigation and lack of clarity obscure the path forward.
Industry participants are divided over the definition of a trading venue and how regulators should revise the regulatory framework.