Bandwidth
After contentious Opra upgrades, vendors brace for a faster future
Upgrades to the datafeed widely used to gauge the current market price for options contracts went into effect in February after three separate delays, which market participants say were caused by persistent bandwidth issues at some important recipients.
This Week: BNY Mellon/Milestone Group, IHS Markit, Broadridge/China Renaissance, and more
A summary of some of the past week’s financial technology news.
US competing consolidators grapple with pricing uncertainty as SEC, exchanges battle over new Sip regime
Vendors who want to provide consolidated market data under the SEC’s new system can’t make plans until they know how they are going to be charged for market data. But the fee schedules are mired in legal action and confusion.
Moonshots Shelved: Banks Spend on Home-Working Tech
Senior technologists from UBS, Deutsche Bank, Nomura, SocGen and others discuss where their tech spend is being directed.
IPC Plans New Remote-Trading Tools
Due to more people working remotely, the vendor plans to roll out a new tool for users to optimize performance and bandwidth, and will upgrade its Unigy Pulse and IQ/MAX Omni platforms.
Refinitiv Combines Two Coronavirus Eikon Applications
The data giant is enhancing its pandemic coverage, as it sees a surge in demand for data making sense of a volatile new world.
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.
Covid-19 Piles Pressure on Fund Accounting
Fund administrators are dealing with unprecedented volumes of pricing information and exceptions.
Symphony Hires Brad Levy as Chief Revenue Officer, Plans Second Meetings Launch
The former MarkitSERV CEO joins Symphony as the collaboration platform vendor prepares to release a new videoconferencing service by the end of June 2020.
On the Rise of SaaS, Cloud & Chaos: BCP in an Unknown World
It’s business as usual—except when it’s not. Traders, investment bankers, asset managers, and the vendors who serve them will operate using their business continuity plans indefinitely. Tech innovations over the last decade have made these plans better,…
Avelacom Adds Multi-Cloud Connectivity for Crypto Traders
Direct links set up in each location “jump” from points-of-presence to a cloud in under a millisecond.
Best Low-Latency Data/Technology Provider: Quincy Data
IMD/IRD Awards 2018
NovaSparks Bows Data Compressor to Boost Microwave Throughput Rates
The conflation feature will help clients sent more data than previously possible over ultra-low latency microwave networks.
Colt Preps High-Bandwidth HK Net
This expansion is in line with the network provider’s overall investment project in Asia.
MDX Broadens Data Distribution With MDXT Connect V4
The new version of the vendor's data distribution platform allows users to distribute and receive data over the internet and mobile apps, and to capture data from Thomson Reuters' Enterprise Platform.
BT Preps High-Bandwidth US Data Net
Officials say the new network, connecting six US datacenters, will provide sufficient bandwidth to cope with anticipated increases in the bandwidth of market data feeds.
Nasdaq Advises Feed Clients to Add Bandwidth
Nasdaq's new bandwidth recommendations for its feeds reflect "recent traffic trends," officials say.
SR Labs Unveils Low-Bandwidth Feed to Reach Users Outside Financial Hubs
SR Labs' new Compressed Data Feed will allow the vendor to reach potential clients in regions outside primary financail centers, where high-bandwidth circuits may not be readily available.
Update: OPRA Message Change Prompts Bandwidth Increases
The expanded header message increases OPRA message sizes by 30 percent overall, participants say.
ICE Preps SFTI Bandwidth Upgrades, Wireless Net for 2016
The exchange's network arm will increase fiber bandwidth and roll out wireless data connectivity.
Nasdaq Updates Feed Bandwidth Recommendations
Clients should increase their available bandwidth for most Nasdaq feeds, officials say.