Investment
Vaccine Tracking Data—The Next Big Alt Dataset
Investment firms and vendors are searching for signals in healthcare and pharmaceutical data in a bid to get a leg up on a Covid-19 vaccine.
Confluence Completes StatPro Integration, With Cloud Push on Horizon
The combined entity is pushing toward becoming a fully cloud-native, cloud-enabled platform.
A Look at How UBS's Concentrated Alpha Team Integrates ESG Data
A specialist team at UBS Asset Management is using a mix of proprietary ratings, external data, and in-house analysis to make ESG an integral part of its investment process.
Bloomberg to Build Out ESG Indices Offering
The data giant is looking to seize on growing ESG demand in the APAC region.
NovaSparks Gets New Backer in MBO Deal, Eyes Options Data & FPGA Trading Capabilities
With the support of new majority owner Peninsular Capital, NovaSparks plans initiatives to expand the use cases for its FPGA market data technologies into the trading and risk sectors.
HSBC Launches ESG Reporting Service
The bank's securities services division will provide a PDF report to buy-side clients with ratings and emissions data, showing the performance of large holdings over time.
TruFactor Aims to Capture Buy-Side Clients
After launching last year with the intent to service telecommunications companies, the alt data provider is looking to carve out a niche in finance.
Barclays Blueprint for Post-trade Plumbing Puts Onus on FMIs
The institution is banking on financial market firms to drive adoption of the Isda CDM by offering it with new products and services.
Broker Tradition Shifts to Virtual Desktops
The company is considering a full move to virtual-working solutions after investing in remote access for brokers and other staff during the Covid-19 pandemic..
Finos Targets Retail Banking
The open-source nonprofit is looking to leverage its capital markets membership to expand its footprint.
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.
Lazard Asset Management Revamps Data Model to Reflect Covid-19 Reality
The firm developed a short-term data strategy to avoid the use of unreliable data and better understand the effects of the pandemic on the market as it evolves.
Regulators Defend ESG Data Requirements
Disclosures will protect end investors and increase the amount of data on ESG, supervisory authorities said at a public hearing.
This Week: BNY Mellon, ASX, DTCC, SteelEye/UnaVista & More
A summary of some of the past week’s financial technology news.
Delta Capita to Add Tax and Reg Reporting to New CLM Platform
The managed services and consulting firm will look to roll out these new components to its CLM platform in August.
Velox Eyes ETF Trading Tech Space
Following a $2.5 million funding round from ETF specialist ETFS Capital, Velox plans to offer server-side interoperability.
Nasdaq to Launch Sustainable Bond Comparison Tool
The exchange is improving the technical functionality of its Sustainable Bond Network, which launched in December.
CLS Looks for Value in Discarded Data
The FX settlement specialist's information services arm is harvesting years of abandoned data for new projects.
BoE's Post-Trade Reform Efforts Will Need Full Industry Cooperation
The central bank's report on the future of post trade will face the same competitive interests that have hindered previous attempts at eliminating inefficiencies and bringing automation to the back office.
UBS Head of Tech: How Virtual Desktops Keep Workers Plugged in During the Pandemic
The Swiss bank’s A3 system offers a blueprint for remote working as the industry looks to life beyond coronavirus.
This Week: HKEX, ICE, Clearstream, Broadridge, IHS Markit and more
A summary of some of the past week’s financial technology news.
Quant Firm Deploys New Metric for Covid Sensitivity
Los Angeles Capital debuts a new factor for measuring stocks’ sensitivity to the pandemic.
Quants Use Nowcasting As Covid Crystal Ball
Experts from UBS, Unigestion, MIT and QuantConnect discuss the need for nowcasting, and what the alt data boom has made possible in trying to navigate today’s crisis.
Esma Guidelines Call for Full Audits of Cloud Providers
The regulator is consulting on outsourcing contract guidance that would give firms and supervisors access to the books and premises of providers.