Trading Tech
Cboe migrations give exchange a foothold in Canadian equities
Exchange group looks northward in global expansion drive with completion of three trading system acquisitions
People Moves: Broadridge, Tradeweb, Ice, FCA, and more
A look at some of the key people moves from this week, including Rana Yared (pictured), who joins the board of Tradeweb as an independent director and a member of the audit committee.
Banks prepare to unleash FX swap bots
BNP Paribas, JP Morgan build execution algos to plug into platforms—but swaps liquidity needs to catch up first
Waters Wrap: The industry's increasingly cloudy skies
Anthony looks at some of the major cloud-based projects to hit the capital markets over the last 2.5 years.
Europe could face settlement squeeze with T+1 proposals and CSDR fines
Move to shorten the settlement cycle in the US could have knock-on implications for other markets, as the EU grapples with a new penalty regime.
Federal court denies motion for early judgement on Cusip numbers’ copyrightability
A judge for the Southern District of New York has also ordered that two class-action suits brought against Cusip Global Services and its affiliates earlier this year be consolidated.
The world’s fastest file system for financial services
Speed. Agility. Storage. In financial services, the need has never been greater.
High-performance storage for AI and machine learning
It’s a highly complex question with a deceptively simple answer: How do you win with artificial intelligence, machine learning, and high-performance, computing-based analytics? Speed.
Deploy a scalable distributed file system—rapidly, easily and affordably
Hitachi Content Software for File lets you design and deploy a leading edge file system—now.
Escaping the ‘data swamp’: GoldenSource aims to improve data lake, warehouse analytics
As part of its cloud migration, the EDM vendor is launching an end-to-end ‘lake house’ service to help firms better manage their data.
FactSet blends ML, NLP for predictive data analysis
The vendor is drawing on its vast collection of data to develop predictive signals for credit ratings, shareholder activism and more.
People Moves: TP Icap, ACA Group, BNP Paribas, Morningstar, and more
A look at some of the key people moves from this week, including Marie Luchet (pictured), who joins ACA Group as managing director of ESG.
Project Octopus becomes Octaura, killing BofA’s Instinct platform and Citi Velocity trading protocol
Backed by the banks in the Project Octopus consortium, the new, independent company will launch this year with a focus on new trading protocols and integrated data analytics. At the same time, Bank of America will sunset its single-dealer loan trading…
If it ain’t broke, break it: Back-office tech reform may benefit front-office returns
Better data visibility across multiple systems could provide a driver for technological change in the world of post-trade.
Crypto investing: Asset managers have left the starting block
Asset managers are diving into the rapidly evolving world of blockchain technologies—crypto currencies, digital assets and smart contracts—and are progressing faster than expected.
Sell side ramps up outsourced trading desk services for still-skeptical buy side
A raft of new entrants are offering outsourced trading services to buy-side firms, anticipating a wave of takeup among larger asset managers, driven by cost and coverage needs. But are they aiming too high?
Top three fixed income venues confirm bid to deliver EU consolidated tape for bonds
Bloomberg, MarketAxess and Tradeweb will join forces to create an independent company and will submit a request for information in search for a third-party vendor to partner with.
FDC3 creator sets sights on cloud-based interop with new company
Nicholas Kolba’s new venture aims to provide cloud-based interoperability for financial services apps—free of desktop containers and proprietary implementations.
Academics use granular data for futures market predictions
Researchers at NYU’s Courant Institute of Mathematical Sciences are using granular futures data from BMLL for research on less-covered futures markets.
Broadridge’s Gokey eyes interop to connect back-office data for front-office needs
The vendor is leveraging its back office capabilities and platforms to integrate Itiviti, and bolster its LTX bond trading platform.
Compliance technology: Challenges, opportunities and what firms want
Governance, risk and compliance (GRC) requirements are a necessary evil of the industry and are one of the costs of doing business for all capital markets firms.
Compliance technology—Challenges, opportunities and what firms want
GRC requirements are a necessary evil of the industry and are one of the costs of doing business for all capital markets firms.