Funding
Capitolis to acquire LMRKTS
Deal for multilateral compression provider latest in wave of post-trade tie-ups, as SA-CCR bites
Symphony’s Seven-Year Itch
After seven years and half a billion dollars in funding, Symphony has made strides but arguably has not delivered the “big win” of living up to its early hype as a Bloomberg-killer. Max asks how long its investors will continue to back the venture,…
Now that Oats is scrapped, regulators will have to (Cat)ch up
Retiring Oats is a milestone on the long and winding road to Cat implementation, but the SEC must make some major decisions in a very short timeframe before the Cat journey is over.
Beyond ratings: Vendors look to fill ESG data gaps
Start-ups and non-traditional data providers are exploiting niches where investment professionals can't rely on ratings.
This Week: IHS Markit; IceExchange/ BondLink; TickSmith/Snowflake
A summary of some of the past week's financial technology news.
This Week: JP Morgan, Deutsche Börse, Refinitiv, and more
A summary of some of the past week’s financial technology news.
This Week: Refinitiv; State Street/BlackRock; SteelEye; SimCorp; FEX Global/TT
A summary of some of the past week’s financial technology news.
A kick in the privates: In-demand unlisted stock trading faces tech, transparency challenges
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…
This week: Genesis, SmartStream, MarketAxess, Allianz GI, and more
A summary of some of the past week’s financial technology news.
Knowledge graphs show glimpse of full potential
Technologies such as knowledge graphs that look at data in a non-linear manner can not only spot correlations and associations that aid investment analytics, but can also help tackle costly challenges such as change management and regulatory reporting.
BNY Mellon Preps Fintech Accelerator Program to ID Key Tech Solutions
The Connect20 hackathon and the Accelerator Program are designed to "industrialize" BNY Mellon's ability to identify early stage companies providing solutions to key technology and business challenges facing the firm.
SocGen Builds Serverless-Code Environment, Explores Virtualized Computing
The Paris-based bank has developed a coding environment to help democratize tech development, and is exploring virtualization.
TipRanks Builds Financial News Service to Highlight Analyst Ratings Data
The vendor provides ratings of research analysts, bloggers, and other stock tipsters.
This Week: IHS Markit, Vela, Euronext, ASX, Essentia & More
A summary of some of the past week’s financial technology news.
Finos Targets Retail Banking
The open-source nonprofit is looking to leverage its capital markets membership to expand its footprint.
Waters Wrap: The Race to the Cloud (And More on Name Changes, Reg Reporting, & Covid Data)
Anthony Malakian examines how firms are racing to the cloud to roll out new market data services. He also looks at ChartIQ's name change, the regulatory reporting space, and Lazard's Covid-19 data rollout.
SteelEye to Hire CME Reg Reporting Talent
While many firms have enforced hiring freezes during the pandemic, the regulatory reporting vendor has plans to aggressively grow its staff count.
MayStreet Gets $21M Funding to Support Cost of Data Expansion
The vendor will use the funding to expand its data collection activities worldwide and hire resources to staff the effort.
This Week: Northern Trust/BackRock, Nasdaq, IHS Markit/OpenGamma, MEMX, and More
A summary of some of the past week’s financial technology news.
This Week: MEMX, Sifma, Bloomberg, State Street, Digiterre, Infosys
A summary of some of the past week’s financial technology news.
This Week: ICE, Nasdaq/R3, BMLL/OpenFin, DASH
A summary of some of the past week’s financial technology news.
Startup CommonPage Seeks $1.5M Funding to Grow Procurement Collaboration Platform
Though hindering its fundraising, the Covid-19 outbreak is contributing to a greater understanding and appreciation of its proposition, CommonPage CEO says.
Former HSBC Transformation Head: Weathering the Crisis as a Start-Up
This is a difficult time for most businesses, but start-ups are particularly vulnerable as they struggle to manage cash flow.
People Moves: FINRA, Tassat, Eventus Systems, Willis Re and Big XYT
A look at some of the key 'people moves' from this week including Greg Ruppert (pictured) who joins Finra as executive vice president.