Private equity
This Week: MEMX; Paxos/Credit Suisse/Instinet; Blue River; CJC/TREP & More
A summary of some of the past week's financial technology news.
Rimes Wards off Sale Speculation with Investment from EQT
A sale was originally reported, but this PE investment will allow the firm to grow its ESG, ETF offering while considering a sale at a later time.
ARM Insight Preps Revenue Data Predictor for the Buy Side
The vendor believes its planned dashboard of synthetic consumer spend data will help a wider audience on the buy side exploit predictive company revenue data.
Blockchain in the Capital Markets: Slow Progress in 2019
While real blockchain rollouts are still few and far between, some firms made progress in 2019. Here are 18 projects in some stage of development.
Bloomberg LP’s Fate Lies in Hands of Democratic Voters
With Bloomberg founder Michael Bloomberg confirming a run for president, Max ponders the possible outcomes if the data giant goes up for sale.
After Fidessa Exodus, Some Users Brace For Trouble
WatersTechnology spent three months examining Fidessa to see what has transpired inside the vendor since the Ion acquisition. During a period of great change, a lot of questions—and worry—remain.
People Moves: MarketAxess, Trading Technologies, DTCC & More
A look at some of the key "people moves" over the last week, including Ryan Gwin (pictured), who joins MarketAxess.
SimCorp Builds Out Real Estate Offering for Alternatives
The vendor is also experimenting with machine learning to help the buy-side sift through the vast amount of unstructured alternatives investment data.
Real Estate as a Tradeable Asset Class Faces Data Hurdles
The value of real estate markets dwarfs other asset classes, but a lack of data has hindered its development. Part 1 of a 2-part series.
FIS Turning to Machine Learning for Private-Equity Solutions
FIS is pushing to add greater automation for its private-equity business in an effort to streamline workflows.
People Moves: Xceptor, BIS, CFTC, Deutsche Bank, Tradewind, Dalzell
A look at some of the key "people moves" from July 8-12, including Alexandre Tombini, who joins BIS.
Blockchain Investments Survive the Crypto Winter
Investments into blockchain have continued to grow despite the crypto winter and the downfall of ICOs. VC investors are banking on their belief that blockchain will ultimately offer transformation across many industries,.
ChartIQ Preps Growth Spurt, Product Expansion Following New Funding
The $17.4 million investment will drive growth across all areas of the company, officials say.
Blackstone Promotes Andersson
Market data veteran Cornelia Andersson now heads research and market data teams for all of Blackstone Group.
Northern Trust Plans Wider Blockchain Rollout in 2019
The bank currently has two blockchain projects in train, for private equity and clearing.
Independence Day: Separation Brings Value for Fintech Spinoffs
Financial firms with a data or technology ‘vendor’ arm developed in house are finding that separation can benefit both business lines. Max Bowie speaks to companies that have spun out from other organizations about the good, the bad, and the ugly aspects…
TRG Gets Pamlico PE Buy-in as Polaris Divests
Pamlico's undisclosed equity stake will allow the vendor to continue investing in product development, organic growth, and acquisitions, where appropriate, officials say.
IHS Markit Cancels Derivatives Unit Sale
The information provider will now keep MarkitSERV, despite putting it up for sale earlier this year.
IMD Hall of Fame: Ben Mendoza, Chairman, MDSL
IMD/IRD Awards 2018
Acquisition of the Year: Blackstone
IMD/IRD Awards 2018
Northern Trust Pushes Forward with Private-Equity Blockchain
Two firms are already live on the platform, with another three soon to be up and running.
Finastra CEO Syed Leaves for Vista
Chief executive of fintech giant to depart for role at parent private equity company.
The Hedge Fund Doctor: Charles Walters, Halcyon Capital Management
Charles Walters, chief information officer of Halcyon Capital Management, talks about his 20-plus years spent building and implementing platforms for hedge funds.
Northern Trust Enables Audit Access for Private Equity Blockchain
The enhancement aims to enable real-time auditing of private equity firms and add transparency into the process.