Technology
This Week: ICE, Nasdaq/R3, BMLL/OpenFin, DASH
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.
UBS’s COO: 'Hybrid Pods' Accelerate Remote Working Solutions Amid Pandemic
Beatriz Martin says the bank has about 400 of these agile development teams—which were first rolled out last year—consisting of about 2,500 people across the organization.
Deutsche Bank Turns Attention to Production Engineering
DB's Stuart Gurr says past automation efforts have helped the bank weather the Covid outbreak, highlighting the need for further automation.
Goldman Sachs Revamps Virtualization Infrastructure
The investment bank is leveraging Red Hat's OpenShift technology to better manage its global footprint of virtual machines.
Wavelength Podcast Ep. 193: Refinitiv's John Walsh on Alt Data
Refinitiv's John Walsh joins the podcast to talk about alternative data, Covid-19 and data regulation.
Charles River Pushes Ahead with Azure Cloud Migration
The vendor has, however, seen some clients pause their migration plans due to the Covid-19 outbreak.
Balyasny AM's CDO: Going Quantamental with Alternative Data
Carson Boneck shares his thoughts on Balyasny's efforts to marry the best of its fundamental and quant teams.
Wavelength Podcast Ep. 192: Security and BCP Challenges in a Pandemic
RFA’s George Ralph joins the podcast to discuss challenges around vendor due diligence during the pandemic.
On Cobol and Legacy Systems: Covid-19 Turmoil Calls For Change
Financial industry experts say the time to start future-proofing was yesterday.
Morgan Stanley's Katherine Wetmur on Tech Investment, Covid-19 Response
As 'years' of tech investment pays off amid the coronavirus pandemic, Morgan Stanley eyes tools that can help it identify business process efficiencies.
Torstone to Integrate Risk Calculations into Inferno
The vendor will add trading position flow and risk calculations to the platform this year, as it continues to integrate functions from recent acquisition Percentile.
Bright Lights, Where Are You?
Are you suffering from cabin fever? You’re not alone. Wei-Shen writes about some of her struggles and how we need to stay positive to overcome this together.
HKEx Eyes Event-Driven Architecture
The exchange is currently working on building its enterprise data bus, for better internal data management.
Morningstar Wades Further into ESG Space with Sustainalytics Acquisition
The ESG data space has seen a fair amount of M&A activity in recent years, and that is likely to continue, sources say.
Nasdaq Taps AWS for Market Data Cloud
The initiative will make all of Nasdaq's market data available to potential clients via APIs in Amazon Web Services' cloud, as an alternative to its traditional feed and file delivery options.
JP Morgan Investment Insulates Limeglass Start-Up Amid Coronavirus
The research start-up is growing its team and is in discussions with clients, despite Covid-19 disruption, after the bank acquired a stake.
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.
Nasdaq, Cboe Fix Feeds Hit by Options Overload
Recent market volatility overwhelmed the Nasdaq BX and Cboe market depth feeds with so much activity that the exchanges did not have enough physical numbers to accurately represent it.
How Sarson Strover’s Outsourcing Policy Averted Virus Disruption
The newly fledged UK hedge fund has outsourced its portfolio management tech and operations to third parties, a move that has helped it through the coronavirus pandemic.
Symphony Unveils Secure Videoconferencing for Financial Services
Officials say Symphony's offering addresses the security and compliance shortfalls of other videoconferencing platforms being used in the absence of face-to-face meetings.
Wavelength Podcast Ep. 191: Vendor Due Diligence During the Pandemic
IHS Markit’s Richard Blore joins the podcast to discuss challenges around vendor due diligence during the coronavirus pandemic.
Gresham Technologies Expands Use of RPA for Reconciliations
The vendor's CTO says automation capabilities embedded within the company's Clareti platform can help with repetitive tasks.
