Market participants and industry groups are challenging the UK government’s approach to a competitive framework for the consolidated tape.
Days after a first class-action suit took aim at Cusip, S&P Global, the American Bankers Association, and FactSet, another plaintiff has filed a complaint alleging that the quartet of companies violated the Sherman Antitrust Act, as well as certain…
As exchanges prepare roll-out of major upgrades, banks are struggling to cope
Firms say changing SLAs and getting required information from vendors like AWS, Azure and Google Cloud is a heavy burden.
This year, the SEC pulled the trigger on competing consolidated tapes and a new market data governance plan. In 2022, we will know if some of it can go ahead, or remain stymied by legal battles.
A summary of some of the past week's financial technology news.
The community group is building a referencing architecture to test the theory that all participants in the data supply chain behave as originators, providers and users.
The business unit of the new equities data plan could revolutionize pricing and accessibility in the public feeds of NMS data, say hopefuls to the role, but litigation and lack of clarity obscure the path forward.
The bank is developing solutions to help internal teams understand compliant usage and entitlements.
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.
The regulator is ditching its legacy architecture to cope with massive volumes of reported data and new supervisory responsibilities.
The EU regulator had to coordinate efforts with local NCAs to clamp down on failures made by counterparties to meet Emir guidelines for porting data.
Impacted users will have to pay extra costs to retain communications data for longer than two years.
The project comes at a time when Euronext is considering a datacenter move, and sources speculate that Six might also be another candidate to migrate. Market participants are split on the news of the LSEG migration, with some calling it “frustrating,”…
Market participants say the price hikes reflect the struggle among regulatory reporting service providers to run sustainable and profitable businesses.
A no-adequacy decision could create new logistical issues for compliance teams and data managers operating across the UK and the EEA.
Commonalities between the two firms' commodities pricing units bring them under regulatory scrutiny as they move closer to an acquisition deal. At the same time, it appears that IHS will lean into the regulatory reporting space.
As Europe prepares for a new batch of outsourcing rules, some firms are looking for answers on how to test exit strategies and mitigate concentration risk.
Keen to trim the resources they expend on interpreting licenses, investment firms are exploring how they can turn data agreements into machine-readable code. Doing so is fraught with challenges.
WatersTechnology goes inside Isda Create to see how the organization is aiming to bridge the gap between the worlds of paper contracts and legal data.
The regulator is consulting on outsourcing contract guidance that would give firms and supervisors access to the books and premises of providers.
Data licensing agreements remain a source of contention for the industry, as suppliers look to differentiate offerings via disruptive pricing structures.
The investment bank is leveraging Red Hat's OpenShift technology to better manage its global footprint of virtual machines.
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.