ISS Stoxx’s new analytics, S&P and Kaiko launch joint indexes, and more

Welcome to your weekly round-up of what you haven’t seen, may have missed, and the most relevant articles for our readers. And keep reading until the end to find out about something very new and exciting. But for now, this is what happened this week.

Announced this week

S&P Dow Jones allies with Kaiko to launch digital asset indices

Index provider S&P Dow Jones and digital assets marketplace Kaiko have combined their digital asset indexes into a single suite, S&P Kaiko Digital Asset Indices, powered by Kaiko’s crypto-native data infrastructure and with S&P providing licensing, distribution, and benchmark administration.

Kaiko will provide data sourcing and calculation through its crypto market expertise, connectivity to 150+ exchanges and round-the-clock infrastructure, as well as index methodology support.

At launch, the S&P Kaiko suite covers more than 4,000 rates and indexes across the digital asset class.

Parameta puts broker data on ICE’s consolidated feed

Parameta Solutions, the data arm of TP Icap, has expanded an agreement to distribute Parameta’s over-the-counter data via the ICE Consolidated Feed.

The data, from brokerages Icap, Tullett Prebon and PVM, includes linear and non-linear rates, inflation, fixed income, credit, FX, FX options, money markets and energy data. It allows users to access it alongside exchange-traded information already in the feed, which is used by banks, asset managers, hedge funds, and redistributors.

BlackRock, Morgan Stanley in talks with MUFG on private credit platform

BlackRock and Morgan Stanley Investment Management have entered discussions with Mitsubishi UFJ Financial on an open platform to enable institutional investors to contribute to the development of Japan’s private credit markets.

Private credit has grown as an asset class in recent years, but Japan’s market is at an early stage compared to Europe and the US. MUFG regards it as a strategic focus to offer attractive investment opportunities to domestic and international investors, while supporting Japanese corporations and private markets.

Acuity launches on Allvue fund administration system

Acuity Fund Solutions has selected Allvue Systems’ fund accounting platform as the core of its technology for a new fund administration system, giving the firm a single foundation for fund accounting, books and records, reporting, and operational data.

The Allvue platform supports Acuity’s flexible service model, including co-sourced engagements for firms that choose to maintain their own technology environment. In those cases, Acuity’s accounting professionals work directly within the client’s Allvue instance, enabling investment managers to retain ownership of their data while extending their internal finance and operations teams with experienced fund administration expertise.

For Allvue, Acuity reflects a broader shift across private capital. Increasingly, fund administrators are viewing technology not as operational infrastructure alone, but as a competitive differentiator that enhances the client experience, improves data quality, and supports scalable growth.

ISS Stoxx launches geospatial analytics

ISS Stoxx Sustainability has launched its Geospatial Asset Analytics solution integrated with its DataDesk platform, giving investors access to asset-level insights across their portfolios. Investors can use the solution to quantify climate risk as the asset, issuer, and portfolio level, providing greater visibility into risk concentrations and positioning compared to peers, and can screen exposures, track changes over time, and prioritize actions based on asset-level conditions in specific locations.

What you might have missed from us

Mauela Veloso on how banks can make their AI dreams reality

Now that she’s heading back to academia, JP Morgan’s former head of AI research talks about her role at the bank, which started in 2018 with hiring 100 researchers in AI-related fields such as computer engineering, math, and statistics, to create agents and other AI use cases for a firm that’s among the most aggressive adopters of AI technology.

Photonics: time for trading tech to see the light

Editor-in-chief Anthony Malakian writes that the emerging field of photonics—the transmission of data via light sources over optical networks with limited signal loss and generating less heat—could have big impacts in the near future on trading technology.

Federal court moves to certify class in Cusip antitrust suit

A judge in the Southern District of New York court has unstayed the case against Cusip Global Services, the American Bankers Association, FactSet, and S&P Global, and has certified the proposed class, allowing other end-users and third-party vendors to join the lawsuit, which can now move to trial or settlement talks, reports Rebecca Natale. This represents a significant procedural milestone for the plaintiffs, but does not represent any legal judgement on the case itself.

Banks should not count humans out in adoption of agentic AI

Diederik Geeraerts, CEO of Euroclear-owned post-trade system provider Taskize, discusses how agentic AI can be deployed in different areas of a bank, how different those deployments can look, and how these interact with humans and what role they should play.

In other news

Citi, Goldman, other global banks and asset managers team up on stablecoin venture, Coindesk

Coindesk’s Francisco Rodrigues reports how a consortium of 21 financial institutions, including Bank of America, Citi, Goldman Sachs and UBS, is planning to form a company that will issue stablecoins for payments and digital transactions.

The company is expected to be set up in the second half of this year, the group said. It plans to first launch a US-denominated stablecoin in H1 2027 for payments and digital asset settlement, and to later add stablecoins tied to G7 countries, with a euro-denominated stablecoin a priority.

And finally…

A little plug… Dan Solak, formerly in market data and technology at DRW, Millennium, and Thomson Reuters, has just published his book, Market Data: A Structural Guide, via his company, ZN Partners business.

He describes the book as his attempt to connect the problems typically underlying market and reference data into one structural argument: “how market activity becomes something we eventually treat as fact, and where decisions about observation, normalization, identity, time, history and authority become embedded along the way.”

I hope you do him a favor and read it, and learn something useful. After all, aren’t we all still learning forever?