Standards
Bank-backed futures utility criticized as too ambitious
Osttra’s Joanna Davies is urging industry leaders to look for “quick wins”.
Broadridge data ontology aims to simplify multi-asset trade data
The tech provider is using the ontology internally to integrate multiple systems and sees prospects for wider industry adoption.
After lengthy fight, Bloomberg’s Figi recognized as official US data standard
The Figi is free to use, and becomes the second reference data standard alongside Cusip, authorized for financial instrument identification by the American National Standards Institute.
McKenna’s Gold: The woman who raised the standard for standards
This year’s inductee into the Inside Market Data Hall of Fame is Karla McKenna, a 35-year Citi veteran and standards advocate who is now Americas managing director of LEI standards body Gleif.
ASX automates corporate actions with issuer forms
The exchange group has completed the multi-year program aimed at standardizing data capture and message delivery using the ISO format.
Now that Oats is scrapped, regulators will have to (Cat)ch up
Retiring Oats is a milestone on the long and winding road to Cat implementation, but the SEC must make some major decisions in a very short timeframe before the Cat journey is over.
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.
Rights automation group to debut digital language for market data policy expression
Community group that includes JP Morgan, Deutsche Bank, Amazon, and the CME plans to showcase over a year’s worth of work in a bid to drive broader adoption of the digital rights language.
Banks fear Fed crackdown on AI models
Dealers say the agencies’ request for info could prompt new rules that stifle model innovation.
Farewell, Oats: Finra announces retirement date
Finra has told firms to stop reporting trades to the Oats tape from September 1, as the SEC's Cat becomes the definitive audit trail for US securities markets activity.
Vanguard overhauls EU data strategy to better manage analytics, regulatory needs
The asset manager’s CIO for Europe aims to centralize responsibilities from its UK and EU offices for how its business in the region manages data and develops new investment products.
Putting the ‘green’ in green data: Rise of impact investing drives ESG M&A
Socially responsible investors are putting their money where their mouth is—in ever-increasing amounts. With insatiable demand for new datasets and analytics to support these strategies, it’s not surprising that every data vendor wants a slice of the ESG…
Technical difficulties: OpenFin says it’s committed to FDC3, while others have their doubts
After quietly pulling its Finos membership this year, OpenFin’s involvement—at least in the public forum that governs it—with the interop standard it has championed for years, continues to dip. Though the vendor has re-affirmed its commitment to FDC3…
OpenFin outgrows container tech origins with Workspace UI launch
New interface will standardize notifications, user interactions and content presentation.
A kick in the privates: In-demand unlisted stock trading faces tech, transparency challenges
Private stocks are opaque, illiquid, behave differently from public markets, and lack the same infrastructure as public marketplaces, creating back-office integration challenges for firms that want to trade these stocks in a more liquid manner. But as…
People Moves: Acadian Asset Management, TraditionDATA, West Highland, FMSB, and more
A look at some of the key "people moves" from this week, including Andy Moniz (pictured), who has been appointed director of responsible investing at Acadian Asset Management.
Esma: Both OTC identifiers will not be required in Emir reporting
Market participants will not have to use both the UPI and the Isin in their submissions to trade repositories, policy officer says.
EU firms face operational burdens if UK denied data protection adequacy
A no-adequacy decision could create new logistical issues for compliance teams and data managers operating across the UK and the EEA.
State Street focuses on 6 data vendors for ESG analysis
State Street’s Chris Berry explains how the asset servicer winnowed 60 ESG data providers down to six, and why this strategy has proved to be effective.
Cohesion on ESG Standards Still Elusive, Despite Biden Win
While many expect the president-elect to take a bullish stance on environmental issues, it's unclear what a new dispensation can do for the dilemmas around ESG standards.
People Moves: LSEG, IHS Markit, BNP Paribas, Facteus, Tourmaline, RIMES, ISITC, IQ-EQ
A look at some of the key "people moves" from this week, including Julia Hoggett (pictured) who has been appointed CEO at London Stock Exchange.
Waters Wrap: Blockchain is Still Overhyped (And Ion/Broadway Thoughts & the Consulting Boom)
In 2016, Anthony wrote that the blockchain revolution was overhyped—unsurprisingly, his opinions have not changed. He also delves into the Ion-Broadway deal, and looks at new consulting/advisory firms that have recently come to market.
Asset Managers Fear ESG Data Disclosure Gap
Investment firms need data to meet upcoming regulatory requirements. But corporates aren't making this data available in high enough quantity or quality.
Solidatus Builds New ESG Model
The software company aims to help banks' and financial institutions achieve higher ESG ratings.