Operations
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.
IPC Plans New Remote-Trading Tools
Due to more people working remotely, the vendor plans to roll out a new tool for users to optimize performance and bandwidth, and will upgrade its Unigy Pulse and IQ/MAX Omni platforms.
Trading Venues Face Resilience Test in Covid-19 Pandemic
Software testing and monitoring keeps market infrastructure a step ahead amid market volatility.
Data Integration, Interop Drive State Street’s Alpha Platform Strategy
The bank and Charles River are planning the next phase of enhancements to the Alpha trading platform.
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.
Bloomberg Tackles Remote Implementations in APAC with New Tech
The vendor has added several video conferencing platforms in the past few months to better support clients.
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.
People Moves: Liquidnet, S4, Tier1, Confluence, BNY Mellon, Finastra
A look at some of the key people moves from this week, including Simon Maughan (pictured), who joins Liquidnet as head of Trading Alpha.
This Week: Northern Trust/BackRock, Nasdaq, IHS Markit/OpenGamma, MEMX, and More
A summary of some of the past week’s financial technology news.
Wavelength Podcast Ep. 198: DTCC’s Peve on DLT
Jennifer Peve, managing director of business innovation at the DTCC, discusses the DLT projects the firm is working on, and how the technology has evolved over the last four years.
CME Group to Scale Back Regulatory Reporting Business
The exchange group is closing several of its regulatory reporting businesses following a review finding they no longer align with its strategic direction.
People Moves: ISDA, ASX, Eventus Systems and CLS
A look at some of the key "people moves" from this week, including Keith Tippell (pictured) who joins CLS as head of product.
BlackRock Onboards 8 Aladdin Clients Remotely
The asset management giant has turned to collaboration tools to help with client implementations during the pandemic lockdown.
UBS’s COO: 'Hybrid Pods' Accelerate Remote Working Solutions Amid Pandemic
Beatriz Martin says the bank has about 400 of these agile development teams—which were first rolled out last year—consisting of about 2,500 people across the organization.
Covid-19 Reveals Need for Better Comms Plug-Ins for Traders
Traders should have real-time voice modules in trading systems and the ability to add detailed notes to replicate trading floor experience.
Deutsche Bank Turns Attention to Production Engineering
DB's Stuart Gurr says past automation efforts have helped the bank weather the Covid outbreak, highlighting the need for further automation.
Morgan Stanley’s AlphaWise Uses Alt Data to Track Coronavirus
The bank’s research business is using artificial intelligence, traditional consumer surveys, and visualization techniques to monitor the impact of Covid-19.
Covid-19 Is Raising the ESG Stakes
Unlike in past financial crises, ESG is taking center stage as social and governance data is directly relevant to all companies weathering the coronavirus pandemic. That makes the holes in that data, which still remain, all the more apparent.
The Business Case for Overhauling the Back Office
There is little doubt regarding the extent to which the financial services industry has been shaped by regulation in the wake of the global financial crisis more than a decade ago. And while those amendments have largely been successful, they have…
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.
MEMX Goes with Nasdaq for Market Surveillance
The Members Exchange plans to be live with the platform by its launch date of July 24, despite market volatility.
People Moves: R3, Hazeltree, PJ Solomon, PEAK6, Algo-Logic and StarCompliance
A look at some of the key "people moves" from this week, including Kevin O’Connor of Algo-Logic (pictured).