Trading Tech
After Fidessa Exodus, Some Users Brace For Trouble
WatersTechnology spent three months examining Fidessa to see what has transpired inside the vendor since the Ion acquisition. During a period of great change, a lot of questions—and worry—remain.
People Moves: MarketAxess, Trading Technologies, DTCC & More
A look at some of the key "people moves" over the last week, including Ryan Gwin (pictured), who joins MarketAxess.
NatWest Rolls Out Personalized Trader-Dealer Chat Bot
The digital assistant is built on Symphony’s open-source technology and integrates with existing trader-dealer workflows.
SimCorp Builds Out Real Estate Offering for Alternatives
The vendor is also experimenting with machine learning to help the buy-side sift through the vast amount of unstructured alternatives investment data.
Confluence & StatPro: A Sign of the Buy-Side Times
Confluence has a big job ahead integrating StatPro’s various analytics tools.
Confluence Buys StatPro
For £161.1 million, Confluence has purchased StatPro. Both companies stand to gain more global clients, and users can expect new products meant to alleviate pain points felt by the buy side.
AI in the Cloud: How the Two are Making for a Perfect Match
As more financial institutions are starting to expand their usage of AI, they are turning to the cloud to help scale up. However, there are things to consider before doing so. Wei-Shen Wong examines.
Linedata to Tap Machine Learning for System Fragmentation Monitoring
The company plans to test machine-learning models in the coming months to automatically fix IT system fragmentation.
People Moves: LSEG, SS&C Eze, IHS Markit, T-Rex, Tier1
A look at some of the key "people moves" from the last week.
TradingScreen Looks to Asia, New Order Management Products for Growth
The EMS provider is looking to build out its suite of solutions for the buy side, including a new algo wheel and visualization tools.
Wavelength Podcast Ep. 172: Buy-Side Trading & Automation
Jonathan Clark and David Hagen of Luminex join to discuss how the buy side is responding to an increasingly-automated trading environment.
Barclays: The Future of Post-Trade is a Common Utility Platform
Financial firms are pushing for a distributed market infrastructure model through efforts like Isda's Common Domain Model and distributed ledger technology.
Commerzbank Pilots DLT Prototypes
The bank's R&D arm, Main Incubator, has piloted blockchain projects, including settlement of commercial paper in T+0.
People Moves: Calastone, MarketAxess, Lime, Azul Systems
A look at the some of the week's key people moves, including Steve Wilcockson (pictured), who joins Azul Systems.
MarkitSERV Delays Credit Rollout for TradeServ Platform
The vendor is live with FX NDFs on the new cloud-based platform, but credit has been pushed to 2020 earliest.
DZ Bank Plans Machine-Readable Add-On for InGen Platform
The German bank developed the platform in its Innovation Lab and is currently working on updates.
IBM Uses Homomorphic Encryption on Real Financial Data
The tech giant tested the technique on tasks involving machine learning at a large bank, with positive results.
TISA Assesses Vendors for Mifid II Reporting Solution
The regulatory reporting utility product for fund managers is targeted to go live by mid-2020.
Liquidnet Targets Long-Term Investors with New Business Unit
The new business unit will unify Liquidnet's last three acquisitions: Prattle, RSRCHXchange, and OTAS.
CME, Google Ally for Cloud Market Data Access
The partnership will allow existing and potential subscribers around the world to access all CME Group data via a connection to Google Cloud.
People Moves: Refinitiv, Apex, Connamara Systems, Ascertia
A look at some of the key "people moves" over the past week, including Renaud Oury (pictured), who joins Apex.
DTCC Explores Gatekeeper Role for DLT Networks
Post-trade company looks to stay ahead of DLT curve with plans to act as CCP for firms trading on permission-based blockchains.