The data vendor has deployed machine learning across its ETF and fund screening datasets, and plans to interoperate with other big tech firms in the future.
A summary of some of the past week’s financial technology news.
Brokers and exchanges have begun rolling out “self-service” portals that allow clients to choose data and services on an a la carte basis. Opinions vary on whether they are the Holy Grail or a poisoned chalice.
Anthony says that if trading firms want to take advantage of new datasets in fixed income and advancements in machine learning, they’re going to first have to embrace interoperability.
The Chicago-based futures trading platform recently rolled out a new OMS offering, while other projects, like its Echo Chamber market data platform, have been put on pause until a sale goes through.
High-frequency data such as human mobility data and plastic shipments can help investment professionals understand the post-pandemic economic reopening.
In the absence of a consolidated tape for debt securities in the EU, vendors with different approaches to distributing fixed-income market data are emerging.
Anthony talks with Brad Levy about the company’s acquisition of Cloud9, its plan for future acquisitions, the possibility of an IPO, his thoughts on Big Tech providers, and more.
Broadway will look to build out its fixed income trading workflows, grow its as-a-service offering, lean into the low-code movement, while considering new asset classes to expand into—all while once again competing with Ion.
Stevens may plan to give Money.Net a new lease of life targeting wealth management clients.
Increasingly, exchanges are trying to get closer to their customers, in a bid to better understand how they use market data. This move may come at the expense of data vendors that are being gradually squeezed out of the exchange-client relationship.
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…
In recent years, the major cloud providers have expanded their service offerings specific to capital markets firms. Some industry observers believe it’s just a matter of time until they get involved in market data M&A activity.
A summary of some of the past week's financial technology news.
The move to cross-sell risk analytics could herald further content deals for the bank’s Marquee platform, says its sales chief.
Industry groups and tech experts are worried that proposed last-minute changes will introduce new risks.
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…
The communication software provider is containerizing its trading ecosystem for apps to play nicely with each other.
The financial services industry has witnessed considerable change over the past decade, which, in turn, has impacted the skills expected of its technologists. Now more than ever, they are required to understand users’ needs and the nuances of the…
After releasing its cloud-native AMP and data analytics platforms in 2020, Linedata is looking to readjust its OMS strategy as it embraces microservices.
The outsourcing of mission-critical business processes, together with non-competitive and often labor-intensive activities, has been an important feature of the capital markets for at least the last three decades
Interdealer brokers are looking enviously at the way exchanges have been able to grow data revenues, providing a stable stream of profits as other business lines have declined. But following the exchange model has its own challenges.
While the Biden administration is already targeting environmental issues with early executive orders, Anthony says that it’s financial giants that will have the greatest effect on ESG investing in the near-term.
The partnership between the two major players in the buy-side technology space reflects the shift in how rivals do business.