Terminal
Waters Wrap: Ion’s fixed income EMS & how tech development theory is changing
Some of the largest trading platform providers have embarked on major integration projects in recent years. As fintech disruption continues, Anthony says this is not a fad, but an evolutionary shift.
Spot the difference: Why crypto data can’t be treated like traditional market data
As institutional participation in cryptocurrency markets increases, traditional data vendors and new specialist crypto data providers are taking different approaches to supplying necessary data to financial firms.
Bloomberg’s Aim-Port integration highlights broader industry interop push
The data giant is creating tighter back-end interoperability between its buy-side platforms and using APIs to connect with other third-party providers.
New datasets illuminate risky ‘pledged securities’ for investment analysis, due diligence
Until now, information around this opaque type of dataset has been hard to find, though it’s becoming increasingly important to financial analysts.
Bloomberg relaunches corporate actions platform
As a major player exits the corporate actions data vendor arena, Bloomberg is continuing to enhance its data offering while the market braces for a shake-up.
LSEG-Tora: A tale of crypto, Asia expansion and (more) integration burdens
When LSEG acquired Refinitiv, it added Eikon, FXall, and AlphaDesk to its portfolio of execution platforms. In February, the exchange also bought Tora, which has a stronghold in Asia, as well as a presence in crypto. While sources say there are clearly…
People moves: Federal Reserve Bank of New York, DataBP, LME, Azentio, and more
A look at some of the key people moves from this week, including Michelle Neal (pictured), who joins the Federal Reserve Bank of New York as head of the markets group.
Waters Wrap: Tech procurement, hospitality & how cloud has changed the game
Because it’s easier to switch tech providers, and because the pandemic is helping to push firms to want tools delivered as a service, and because of new rules, and because of mounting challenges from startup fintech companies, Anthony says that incumbent…
People Moves: AlphaSense, Enfusion, Solidatus, and IQ-EQ
A look at some of the key "people moves" from this week, including Roma Greening (pictured), who joins AlphaSense as head of broker relations for EMEA and APAC.
Money.Net returns, plans launch of new terminal in early 2022
Last year, the low-cost data vendor filed for—and emerged from—Chapter 7 bankruptcy protection after facing financial woes and a lawsuit from former investors. This new iteration will be led by several execs from broker Gain Capital.
Waters Wrap: The expanding battle over reference data identifiers
Bloomberg, Broadridge, and Finra have all recently made news in the world of standards and identifiers. Anthony looks at some of the questions the reporters at WatersTechnology will be asking going forward.
This Week: CME/IHS Markit, Bloomberg, OpenExchange, Equinix, and more
A summary of some of the past week’s financial technology news.
A tale of two titans: Microsoft vs. Bloomberg
Bloomberg has fended off rivals to its business for years but Jo believes a more credible threat may be emerging.
This Week: Bloomberg, Broadridge, Rimes, Glue42, and more
A summary of some of the past week’s financial technology news.
Symphony’s Seven-Year Itch
After seven years and half a billion dollars in funding, Symphony has made strides but arguably has not delivered the “big win” of living up to its early hype as a Bloomberg-killer. Max asks how long its investors will continue to back the venture,…
Waters Wrap: The Symphony-Cloud9 tie-up hints at a new tune for the comms provider
Anthony talks with Brad Levy about the company’s acquisition of Cloud9, its plan for future acquisitions, the possibility of an IPO, his thoughts on Big Tech providers, and more.
This Week: Symphony, Digital Asset/Nasdaq, State Street, Finos & more
A summary of some of the past week's financial technology news.
Ex-Gain Capital CEO pays $1M for bankrupt Money.Net assets
Stevens may plan to give Money.Net a new lease of life targeting wealth management clients.
One step closer: How exchanges are seeking tighter relationships with clients
Increasingly, exchanges are trying to get closer to their customers, in a bid to better understand how they use market data. This move may come at the expense of data vendors that are being gradually squeezed out of the exchange-client relationship.
Waters Wrap: When will Big Tech providers turn sights on the market data space? (And deep learning)
In recent years, the major cloud providers have expanded their service offerings specific to capital markets firms. Some industry observers believe it’s just a matter of time until they get involved in market data M&A activity.
Waters Wrap: The looming data storage wars (And Bloomberg killers)
Anthony first looks at the data storage space, explaining that fees are likely to increase for buy- and sell-side firms in the near-term. He also wonders if there’s a market in the terminal/workstation space for innovative startups to gain traction. As…
Money.Net files Chapter 7 bankruptcy amid lawsuit
Despite a series of ambitious content expansion projects and senior hires, the low-cost vendor failed to win over institutional clients.
Bloomberg’s new data retention policy vexes buy-side firms
Impacted users will have to pay extra costs to retain communications data for longer than two years.
Standard Chartered, Bloomberg develop electronic workflow for Korean Treasury bonds
The workflow shortens the time it takes for investors to trade KTBs, and can be tweaked to suit other emerging bond markets.