Data integration
Data managers worry lack of funding, staffing will hinder AI ambitions
Nearly two-thirds of respondents to WatersTechnology’s data benchmark survey rated the pressure they’re receiving from senior executives and the board as very high. But is the money flowing for talent and data management?
Bloomberg adds web traffic data as leading indicator of market moves
The vendor’s deal to incorporate website visit data from Similarweb is the latest move in its ongoing expansion of alternative datasets.
APIs keep their eyes on the prize
The IMD Wrap: As the API economy continues to expand, connecting an ever-increasing number of broker and data interfaces is becoming a cottage industry in itself.
Bloomberg’s chatbots streamline external data sharing, OTC trading
The vendor details the expansion of chatbot support outside of a firm’s enterprise, and addresses user reservations about cost and spambots.
Growing pains: Why good data and fortitude are crucial for banks’ tech projects
The IMD Wrap: Max examines recent WatersTechnology deep dives into long-term technology projects at several firms and the role data plays in those efforts.
MarketAxess, S&P partnership aims for greater transparency in fixed income
CP+, MarketAxess’s AI-powered pricing engine, will receive an influx of new datasets, while S&P Global Market Intelligence integrates the tool into its suite of bond-pricing solutions.
One year on, S&P makes Visible Alpha more visible
The data giant says its acquisition of Visible Alpha last May is enabling it to bring the smaller vendor’s data to a range of new audiences.
Asset manager Fortlake turns to AI data mapping for derivatives reporting
The firm also intends to streamline the data it sends to its administrator and establish a centralized database with the help of Fait Solutions.
Once a blockchain cheerleader, Axoni changes its playbook
The fintech, whose origins can be traced back to the genesis of capital markets’ complicated flirtation with DLT, has largely ditched the tech as the foundation of its data synchronization offering, opting for more familiar territory.
GoldenSource joins Snowflake’s native app ecosystem with Omni
The enterprise data management platform is teaming up with the data cloud provider to streamline data integration for the buy side, adding to its expanding library of native applications.
BMLL adds Canadian data amid global expansion strategy
The market data vendor plans to add more equities and futures exchanges in 2024.
Traders, vendors seek to modernize chronically underinvested FX tech
The average FX professional uses eight applications at any one time. But integrating the FX workflow is a daunting task.
S&P tests ‘ChatIQ’ genAI search tool in revamped CapIQ desktop
The new tool is the culmination of integrating recent acquisitions, including IHS Markit, ChartIQ and Kensho.
Bloomberg rolls out integrated alt data for Terminal users
The initial launch includes consumer spend and foot traffic geolocation data—pre-integrated with all the other data on the Bloomberg Terminal.
Alt data’s growing pains: Integration and aggregation challenges stall wider adoption
Demand for alternative data continues to grow among investment firms. So why are some alt data providers taking products off the market?
Should I stay or should I go? What data execs can expect from the UBS–Credit Suisse merger
With major job cuts expected to result from the acquisition of Credit Suisse by UBS, how will such big changes impact those in data and technology roles at the firms?
After Xignite buy, ex-SunGard execs eye hedge funds, international markets for Quodd
Quodd’s recent acquisition of API data vendor Xignite will provide a springboard to launch the data vendor into new customer segments and markets.
BNY Mellon deploys new AI, cloud tools
The custodian bank has reduced payment processing times by as much as 80%, according to officials.
In 2022, cloud shows true potential to displace legacy data platforms
Once wary of the cloud, financial firms, their suppliers and the marketplaces where they trade are openly embracing it. And there are more signs of big tech firms accelerating buy-in by literally buying in to clients’ migration projects.
Fees rise and questions linger as Esma ramps up analytics capabilities
The EU regulator’s expanded supervisory powers and big data capabilities have caused some confusion on how the data will be used and how Esma’s new role will shape reporting regimes.