Sources say the exchange group’s scaleback is a result of pricing wars, unsustainable business models, and the realities of commercially supporting a regulatory reporting business.
The central bank's report on the future of post trade will face the same competitive interests that have hindered previous attempts at eliminating inefficiencies and bringing automation to the back office.
Sources say a pricing war and cost pressures are causing service providers to reconsider their regulatory reporting businesses.
The new capability will make the provider's offering a multi-asset trading platform.
The nonprofit is reaching out to regulators to determine where open source could ease regulatory burdens on financial institutions, while keeping them competitive with tech companies.
As CAT reporting activity picks up, error rates have somewhat surprisingly been well below what was expected in the testing and production environments.
The regulator is consulting on outsourcing contract guidance that would give firms and supervisors access to the books and premises of providers.
The platform will initially target the HFT crowd, as well those looking to better understand market microstructure in equities.
Firms are investing in new solutions for monitoring the front office in lockdown conditions, but the latest technologies raise concerns about privacy and intrusion.
Aggregators are facing resistance from venues and attracting the attention of regulators.
The regulatory business is developing enhanced analytics to improve reporting accuracy and identify signs of market manipulation.
The regulator is advancing with its strategy to improve its use of tech in its oversight role, says data chief.
The trade surveillance technology provider plans to expand over the next 12 months.
As the boundaries between work and home blur, monitoring and privacy may be at odds.
The investment bank is upgrading its chatbot in response to user demand for more capabilities.
The draft technical standards for the EU's updated disclosures regulation will impact most market participants, analysts say.
The product combines emerging technologies to offer speed, scale, and new perspectives on credit spreads and portfolio performance by overlaying financial data with alt data.
As the coronavirus drives trading volumes, post-trade processing is increasingly an area of operational risk, and firms should consider automation, analyst says.
The ESG space is gaining attention as asset managers try to navigate today's volatile markets. Andre Bertolotti believes this to be more than fad.
Buy-side firms using AcadiaSoft for Simm calculations must adopt the ORE XML data format.
US equity exchanges have pushed back aggressively against an SEC order directing them to submit a revised plan for operating the consolidated tapes of US equities quote and trade data.
With the uncleared margin rules deadline extended, firms have an additional year to prepare, but they must do so while navigating the coronavirus pandemic and its economic fallout.
Lenders expect regulatory lashing if controls fail to keep pace with changes in criminal behavior.
A summary of some of the past week’s financial technology news.