Trading Tech
HPR Rolls Out Centralized Trading Infrastructure CRM-X
CRM-X uses cloud-like technology to trade and consolidate capital across markets.
INTL FCStone Mulls Outsourced Trading Offering
The company also launched its new prime brokerage division aimed at small to mid-sized funds.
News ‘Flash’: MT Newswires, ICE Give Clients Early Look at Stories
By distributing stories prior to performing its full editing process, MT Newswires can give ICE clients several crucial minutes of exclusive advantage, compared to mechanical latency improvements that might deliver mere fractions of a second.
Ethereum Group Launches Token Standards Drive
The initiative seeks to create common language around tokens to foster wider adoption among institutional investors.
Wavelength Podcast Episode 161: Gerard Francis of Bloomberg
Bloomberg’s Gerard Francis looks at the challenges that capital markets firms face when trying to incorporate alternative datasets.
Banks and Bourses Increasingly Combine Cloud, AI for Data Projects
The combination of the two technologies is bearing fruit for firms struggling with legacy architectures, but education and talent remain tough obstacles to overcome.
Ion’s Deal for Allegro Worries Commodity Tech Specialists
Acquisition gives Ion a near monopoly in energy trading and risk software
Digital Asset Opens Smart Contract Language to Other Blockchains
VMware blockchain and Hyperledger Sawtooth begin support of DAML on their platforms.
ParFX Plans Push into Derivatives
The trading platform has snapped up a MIC code as it ponders whether the growing market segment needs a ParFX model.
Data Standardization Remains Top ESG Roadblock
As asset managers seek to incorporate ESG factors into their portfolios, they are facing challenges—particularly around data consistency. Some say custodians could offer solutions.
Horizon Plans Enhancements to Algo Framework
New modules will allow users to modify certain aspects of algorithmic code.
Torstone Buffs Middle-Office Bona Fides with Percentile Buy
Torstone will add a risk management component to its post-trade platform through its acquisition of the vendor.
Digital Asset and Isda Create Rosetta Stone for Derivatives Smart Contracts
The event specification module will allow for a common DAML library that references machine-executable trade lifecycle events.
M Science Rolls Out Weather Data, Visualization Tools for Portfolio Managers
M Data Viz provides granular data on weather events by state and region to support investment processes.
Banks Brace for ‘World’s Largest Corporate Action’ as Libor Switch Looms
The transition away from Libor is a mammoth task for the banking sector—one that the industry is increasingly finding itself woefully unprepared for. By Hamad Ali
Google Plans Foray into Asset Management with AI Data Tools
The technology giant is rolling out tools to asset managers who need to use machine learning but have limited in-house experience.
Wavelength Podcast Episode 160: Pete Cherecwich of Northern Trust
Pete talks about privacy and convenience—and where firms tend to get tripped up when walking this balance beam.
BNY Mellon to Offer Custodial Data via BlackRock's Aladdin
This is the first time that Aladdin has been opened to external providers.
ChartIQ's Finsemble Adds Support for Electron Open-Source Tech
Partnering with Electron opens up more possibilities for Finsemble users.
Bloomberg Plans to Exit SSEOMS, KYC Business Lines
Sources say that this will allow the information giant to focus on more valuable business lines.
Acquisitive Exchanges Find Dealmaking is Only Half the Battle
While the large-scale exchange mergers of yesteryear may be over for now, regional bourses are still finding themselves in the M&A crosshairs. Yet for those operators that pick up smaller rivals, technology and data integration often prove to be trickier…
Blockchain Firm TZero Appoints CEO to Build Broker-Dealer Unit
Elliot Grossman, previously MD at TZero's broker partner Dinosaur Financial, will be responsible for establishing the vendor's new broker-dealer division.
Warsaw Stock Exchange Bets on Blockchain
The exchange group is launching a separate technology arm for capital markets focused on blockchain, cloud and artificial intelligence.
Fund Managers Re-Engineer Data Workflows for N-PORT
With more frequent and granular reporting for fund managers looming, firms have had to figure out how best to connect all the data needed to meet the new requirements. This has necessitated a widespread change in how data is moved throughout an…