Investment
AI fails for many reasons but succeeds for few
Firms hoping to achieve ROI on their AI efforts must focus on data, partnerships, and scale—but a fundamental roadblock remains.
Best enterprise data management provider/vendor—FINBOURNE Technology
FINBOURNE Technology wins Best enterprise data management provider/vendor at the IMD & IRD Awards 2025.
MayStreet founder sues LSEG for fraud, breach of contract
The complaint accuses the exchange group of “defrauding” MayStreet executives following the 2022 acquisition. LSEG “strongly refutes these claims.”
Women in Technology & Data Awards 2025 winner’s interview—Ripple Bhullar (Kyndryl)
Interview with Ripple Bhullar, winner of Vendor professional of the year (business development)
Aussie super fund overhauls investment platform with BlackRock Aladdin
Aware Super’s Project Odin includes implementations of BlackRock Aladdin, eFront and GoldenSource EDM
How exactly does a private-share trading platform work?
As companies stay private for longer, new trading platforms are looking to cash in by helping investors cash out.
Terry Duffy on CME’s cloud future, takeover targets, and ... candy
CME CEO Terry Duffy explains the relatively narrow strategy that the derivatives exchange has taken under his leadership, especially compared to its peers.
Hyperscalers to take hits as AI demand overpowers datacenter capacity
The IMD Wrap: Max asks, who’s really raising your datacenter costs? And how can you reduce them?
‘I recognize that tree’: Are market data fees defying gravity?
What do market data fees have in common with ‘Gilmore Girls’ and Samuel Beckett? Allow Reb to tell you.
Tech VC funding: It’s not just about the money
The IMD Wrap: It’s been a busy year for tech and data companies seeking cash to kick-start new efforts. Max details how some are putting the fun into fundraising.
Managed services under the spotlight
A report focusing on the advantages and possible drawbacks of taking on managed services, and outlining LSEG’s managed services strategy.
Reading the bones: Citi, BNY, Morgan Stanley invest in AI, alt data, & private markets
Investment arms at large US banks are taken with emerging technologies such as generative AI, alternative and unstructured data, and private markets as they look to partner with, acquire, and invest in leading startups.
BlackRock to integrate Aladdin and Preqin to create new private markets platform
CEO Larry Fink calls combining the two platforms “maybe the biggest opportunity in 10 years.”
Start-up FinChat aims to disrupt research space using GenAI
Since launching amid the GenAI mania last spring, FinChat has been buoyed by its use of AI in sourcing its data.
Hot topic: SEC climate disclosure rule divides industry
Proposal likely to flounder on First Amendment concerns, lawyers believe.
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.
RBC outlines hybrid cloud strategy, eyes genAI use cases
Technological innovation doesn’t always reap promised rewards. RBC’s head of cloud engineering talks about why the Canadian bank’s hybrid cloud strategy worked, and how it is approaching generative AI.
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.
BNY Mellon streamlines the hunt for liquidity with LiquidityDirect updates
The bank spent the last three years evolving and expanding LiquidityDirect to include additional asset classes, and will white label the platform to customers.
This Week: Delta Capita/SSimple, BNY Mellon, DTCC, Broadridge, and more
A summary of the latest financial technology news.
Snowflake partners with BMLL in another big tech-fintech tie up
The collaboration comes as part of both companies’ desire to eliminate end users’ need for intensive data engineering, as well as costly in-house data storage.