LSEG's PermID framework was conceived as a proprietary tool to address an internal challenge around identifying objects in the firm’s information model. Once it had proved its worth, it was rolled out to the firm’s clients to significant success.
Emergence of execution-only ECNs, prime brokers and clearing houses brings new confidence in crypto
The capital markets landscape is witnessing a technological revolution – a wave transforming the sell-side FX front office. Firms such as smartTrade Technologies are at the forefront of this transformation, leveraging technologies such as artificial…
The tech provider gains TCA, analytics, and algo optimization tools as established vendors vie to build more comprehensive platforms.
The initial launch includes consumer spend and foot traffic geolocation data—pre-integrated with all the other data on the Bloomberg Terminal.
Vanguard and others are building tools that “nudge” investors to make better investment decisions.
The initiative aims to help firms better manage the data they already use and to identify and compare alternatives available in the market.
The exchange and its cloud partner are encouraged by the smooth migration so far—and also by capacity and latency improvements from running in the cloud.
Major improvements have been made to the securities services operating model over the past decade, but inefficiencies in trade settlement processes remain, leading to thinning margins and longer settlement cycles. Key to addressing these challenges is…
Multiple apps are being corralled into a sticky cross-asset ecosystem, updated with Python and cloud
After the Chess disaster, ASX focuses on rebuilding confidence, while SGX continues investing in its derivatives business. Meanwhile, HKEx mulls data play.
Terminal velocity: MarketAxess bets on algo trading as electronification of fixed income gathers speed
MarketAxess hopes to bring fresh ideas from other asset classes with acquisition of multi-asset algorithm provider Pragma.
The bot is trained using financial and ESG data, but won’t replace humans—yet—says the firm.
The CEI aims to bring interoperability to loan trading, but it’s entering a market dominated by a long-standing incumbent.
Wei-Shen examines how exchanges are branching out and pursuing new ventures that could bring them fresh revenue streams.
With whispers swirling that Ion’s chief executive is looking to cash out on his tech conglomerate, big changes could be coming to the world of fixed-income software.
The exchange revealed it has been working with LLMs for a decade to drive automation around its messaging platform. Now, it’s looking for more uses across all asset classes.
Through a combination of its own technology and partnerships with fixed-income mainstays Bloomberg and Tradeweb, S&P is looking to create end-to-end workflows to simplify trading of primary bond issues for both buy-side and sell-side firms.
In what CEO Billy Hult described as a “challenging backdrop” for the quarter, the marketplace operator is looking ahead on acquisitions, automation and a widening pool of market-makers.
Buy-side firms see outsourced trading as a way to simplify their operating model, while custodians see an opportunity to sell bundled services.
Jethro MacDonald explains how SmartStream is using AI and machine learning technology to help its clients address a number of challenges around their reconciliation functions.
The fixed-income trading provider’s Adaptive Auto-X automation tool and new data offerings were a bright spot amid lackluster Q2 earnings.
During Nasdaq’s earnings call, Adena Friedman explained to skeptical investors why the deal makes sense for the exchange operator.
The federal judge presiding over the ongoing class-action suit against Cusip Global Services, S&P Global, FactSet, and the American Bankers Association, has dismissed all complaints against the defendants except one alleging the quartet violated Section…