Tech giant IBM is targeting security, AI, and portability in the modernization of the mainframe as firms report still retaining “the workhorse of the back office.”
While Nasdaq is set to begin migrating its MRX exchange to AWS’s cloud infrastructure next month, the full migration program could take 10 to 15 years to complete.
The Ion competitor is looking for better control, lower latency, and improved redundancy.
Neal Pawar, the former CTO of AQR and current COO of Qontigo, chats with Anthony about some of the major trends that are changing how asset managers interact with the vendor community, and how this shift mirrors the most significant evolutions in capital…
A whitepaper from the DTCC and Celent finds that 67% of buy- and sell-side firms hope to be “cloud first” by 2024, but mainframes still part of the equation.
Symphony decided to first migrate client data to Google from AWS, and then focus on applications.
This month, the commission must decide on a fee filing under its market data modernization efforts. Jo wonders how likely we are to see those efforts materialize any time soon.
Blockchain’s proponents say faster settlement times make the technology akin to TV’s streaming revolution.
The non-profit will provide a neutral, open-source repository to help the trade associations govern and maintain the CDM.
Retooling repo: How Broadridge, Bloomberg, Tradeweb, and JP Morgan are modernizing repurchase agreements
From brokers to trading platform providers, players in the repo market are focused on initiatives around reducing settlement fails, increasing automation, and streamlining operations.
Banks and VCs believe inflation and rising interest rates will result in winners as well as losers
With the rise of APIs, it’s easier than ever for companies to position themselves as open to collaboration and eager to provide access, but some of these access points tell a different story under the hood.
As financial firms turn their attention toward modernizing the back office, how they approach these projects comes under new scrutiny.
The market operator has onboarded about 500 new clients and aims to create new revenue streams to ease the ongoing cost and margin pressures.
A look at some of the key people moves from this week, including Thomas Pluta (pictured), who joins Tradeweb as president-elect.
Anti-money laundering laws and sanctions have brought complexity to banks' KYC/AML processes. Some vendors are responding by investing in their systems.
Exchange group looks northward in global expansion drive with completion of three trading system acquisitions
A look at some of the key people moves from this week, including Rana Yared (pictured), who joins the board of Tradeweb as an independent director and a member of the audit committee.
BNP Paribas, JP Morgan build execution algos to plug into platforms—but swaps liquidity needs to catch up first
SG Americas plans to significantly reduce and even close datacenters in the US as a result of moving to the cloud and defining controls around cloud and data governance.
Andy Volz, chief operating officer at capital markets fintech firm Clear Street, joins Tony on the podcast to talk about cloud and infrastructure woes in the capital markets.
As part of its cloud migration, the EDM vendor is launching an end-to-end ‘lake house’ service to help firms better manage their data.
A look at some of the key people moves from this week, including Marie Luchet (pictured), who joins ACA Group as managing director of ESG.
A raft of new entrants are offering outsourced trading services to buy-side firms, anticipating a wave of takeup among larger asset managers, driven by cost and coverage needs. But are they aiming too high?