This Week: RepRisk/JP Morgan; TP Icap; Moody’s/MioTech; FTSE Russell; SimCorp & More
A summary of some of the past week’s financial technology news.
Waters Wrap: The M&A Market Heats Up (And Some Quantum Computing News)
What do Liquidnet and Trading Technologies (and others) have in common? Anthony explains. He also discusses advancement—and disillusionment—in the quantum space.
This Week: BNY Mellon; Amazon/Digital Asset; TP ICAP; Hazeltree; SimCorp & More
A summary of some of the past week's financial technology news.
TP Icap’s Rising Costs Force CEO Ouster
Broker fires CEO as Brexit, compliance and IT costs mount.
TP Icap Merger Unearths Treasure Map of Regional Data Packages
Release of Scandinavian and Pacific data packages represents a new approach for TP Icap, moving from asset class-specific data packages to regional products.
NEX CEO Sees Opportunity for Opportunities after CME Deal
Executive says he expects CME group to continue investing in fintech startups after takeover.
Waters Wavelength Podcast Episode 112: A Look at How Fintechs are Being Disruptive
The past two weeks have seen some major announcements that point to fintechs being even more disruptive than in years past.
Mandelzis-led Fintech Capitolis Raises $29 Million, Targets Trade Finance
The company, chaired by former Thomson Reuters chief Tom Glocer, will serve as a peer-to-peer network for trade financing.
The Curious Case of the Trader–Vendor
Tradeworx, now Thesys Group, is the latest in a series of firms that has decided to pull back from trading activities and focus on fintech. And it’s unlikely to be the last.
Tullett Prebon Info to Carry Equity and Credit Research, Analytics from Valens
TPI adds corporate performance data to offering with Valens Research partnership.
EBS Live Ultra to Provide 5ms Data
The broker says the improvements make the feed the fastest live streaming FX datafeed available from a primary FX market venue.
TP Icap Buys Burton-Taylor to Expand Research Assets
TP Icap will expand the research firm's coverage to new markets and sectors, partly based on proprietary data owned by the broker.
NEX Distributes Tradition Data
After selling its voice-brokerage business to rival Tullett Prebon, NEX (formerly Icap) has forged a data alliance with Tradition.
Wells Fargo Leads $18 Million Series A for Axoni
Distributed-ledger technology fintech now has over $20 million in funding.
Icap Adds Another to PTRI Team
Connolly's hire follows the recent appointment of Guy Rowcliffe to head Icap's PTRI unit in Asia-Pac.
Icap Raises Rowcliffe to Head of PTRI Unit in APAC
Under Rowcliffe's leadership, Icap sees opportunities to expand its offerings to clients in the region.
Abide Financial Looking to Scale with ICAP Acquisition
Markets operator adds regulatory reporting specialists to post-trade services
Cloud9 Gets $30 Million in Latest Round of Funding
The vendor will look to expand support in Europe and Asia, with an eye toward Latin America.
Opening Cross: Three Angles to Every Story
Today's financial markets are as much a matter of geographical design as fundamental structure, where correlations can be triangulated on a map.
Redline Boosts Treasuries Support with Brokertec Feed Handler
The feed handler gives Redline support for the key electronic US Treasuries markets, following the release of a handler for eSpeed last year.
McKay Lowers Latency Between NJ ‘Treasury Triangle' Datacenters
The initiative reduces latency between the two main cash markets for US Treasuries.
OpenGamma Raises $13.3 Million, Shuffles Execs
Officials say the investment will enable OpenGamma to grow into a "world-class" player in the OTC derivatives analytics
OpenGamma Nets $13.3 Million to Grow Solutions
Peter Rippon was recently appointed the company's new CEO.
Let’s Get Digital: Big Banks Consider Digital Currencies on Distributed Ledgers
The allure of creating a digital currency with distributed-ledger technology has continued to grow as financial firms gain a better understanding of how the complex technology works.