Data
As crypto ETFs become reality, benchmark providers take center stage
The SEC’s approval of the first spot bitcoin ETFs will expose a growing number of traditional market participants to the maturing world of crypto data, a moment that some—such as CF Benchmarks, BlackRock’s benchmark provider—have been eagerly awaiting.
CME moves core data to the cloud, readies new data products, analytics
The exchange group has migrated its core data to the cloud as part of its 10-year partnership with Google Cloud, and is now looking ahead to further migrations and leveraging the cloud to power new data products.
GenAI offers promise, complexity for research management
Research management system providers are building on their AI capabilities using LLMs to improve the research process, but challenges remain.
TMX advances plans to launch US equities ATS
New trading solutions and market data sources underpin the Canadian exchange group's growth strategy.
Real-time and historical market data: Priorities, preferences and the cloud
This paper, commissioned by LSEG, focuses on firms’ current market data priorities, the asset classes and geographies they are looking to focus on in the near future, and the benefits they can expect by moving their historical market data storage and…
This Week: BMLL makes historical datasets available on Snowflake; Tradeweb; Interop.io; and more
A summary of the latest financial technology news.
GenAI or replatforming? Bank CTOs disagree on budgetary spend
Voice of the CTO: In part one of a five-part series, several bank technologists discuss where they are looking to spend their budgets this year, and what hurdles stand in the way of experimenting with generative AI.
Price gouging? New study finds market data providers consistently inconsistent in pricing, discounts
As the industry awaits the FCA’s findings from its Wholesale Market Data Study, end-users pin their hopes on the prospect of relief. But a new study from Substantive Research details the enormous pricing disparities that must be tackled.
Politics, public opinion collide in EC identifier consultation
The European Commission has said neither the Isin nor the UPI is ‘suitable’ for price transparency, and proposed modified alternatives in an industry consultation.
In search of clean data: Firms navigate data challenges as LLM adoption flourishes
This WatersTechnology rapid read report explores the transformative potential of LLMs in financial services, offering insights into the evolution, challenges and positive impacts on decision-making processes in capital markets.
S&P Global: Delivering quality data faster to private market managers
S&P Global Market Intelligence won Best buy-side managed data service at the Buy‑Side Technology Awards 2023. Kevin Guy, head of iLEVEL Managed Data Services at S&P Global, discusses the service, its benefits and key differentiators.
S&P Global’s EDM platform continues its evolutionary course
S&P Global Market Intelligence won the Best buy-side data management product category at the Buy-Side Technology Awards 2023 thanks to its successful EDM offering. Neslihan Yegul, Emea head of commercial strategy for software solutions at S&P GMI,…
Alliances and experiments: Trading firms get innovative in 2023
Rebecca offers a recap of the year's most notable technology use-cases led by sell-side and buy-side institutions.
Multicast in the cloud—no longer a pipe dream
Colt Technology explains the process it went through to make it possible to distribute multicast market data in the cloud.
Who is at fault for Goldman Sachs’s $5.5 million fine?
While the CFTC says the bank is to blame for record-keeping failures that transpired at the start of the pandemic, others say it was two vendors who let the bank down.
Millennium Management enlists Google for building custom tech solutions
Google Cloud’s capital markets director Rohit Bhat details the cloud giant’s buy-side strategy.
One day, all data will be delivered this way
It wasn’t long ago that, for large numbers of capital markets firms, the de facto data consumption model was DIY, or a do-it-yourself proposition, due to the scarcity of relevant managed data services on the market. Now, firms on both sides of the…
This Week: SimCorp/Deutsche Boerse, Moody's, SS&C, and more
A summary of the latest financial technology news.
FactSet lays out AI blueprint for discoverability, workflows, and innovation
The data provider is utilizing generative AI and large language models to provide a conversational interface in FactSet Workstation that will complement AI-powered workflows and products.
Industry unsure of SEC’s new short-selling transparency rule
Does the SEC’s recent 10C-1a rule provide sufficient transparency while protecting traders’ short-sale positions from a GameStop-style backlash? The data will be key.
Waters Wrap: As quantum’s skeptics grow in number, believers need better messaging
As you explore ways to use genAI, do you benefit from having ML and NLP experts on staff who have followed AI evolution for years? Anthony thinks that’s an important question when talking about quantum exploration.