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…
Better data visibility across multiple systems could provide a driver for technological change in the world of post-trade.
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?
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.
Nicholas Kolba’s new venture aims to provide cloud-based interoperability for financial services apps—free of desktop containers and proprietary implementations.
Researchers at NYU’s Courant Institute of Mathematical Sciences are using granular futures data from BMLL for research on less-covered futures markets.
The vendor is leveraging its back office capabilities and platforms to integrate Itiviti, and bolster its LTX bond trading platform.
R3 is among the companies working with the regional bank on a proof-of-concept to bring efficiencies to cross-border securities transactions.
Symphony Communication Services is piloting an experimental ID service that uses Web3 and DeFi concepts to automate and reduce the burden of tasks like know-your-customer, onboarding, and reporting.
Sources question landmark projects' ability to use technology at scale as further delay besets ASX deployment
Anthony looks at some of the questions that came up from industry participants in the wake of the LSEG-MayStreet deal.
A look at some of the key people moves from this week, including Jonathan Cross (pictured), who joins LiquidityBook as general manager for EMEA.
Anthony thinks that the fintech community should be looking over their shoulders as the major cloud providers are going to disrupt financial markets even more than they do today.
The asset manager wants the industry to move faster in adopting a “single source of truth” model.
The firm has migrated nearly 99% of its trading applications to the cloud and is on track to sunset all on-premises datacenters.
The London-based investment manager spent four “long and intense” years rewriting its data science platform, Arctic.
A look at some of the key people moves from this week, including Shannon Johnston (pictured), who joins Deutsche Börse as chair of the supervisory board's technology committee.
Some industry participants are worried that proposed amendments to Regulation ATS could see the trading perimeter expanded to include a wide array of messaging systems.
The vendor is also using Microsoft Azure and is rolling out a new Ibor product in the cloud.
The asset manager is building front-office interoperability based on a canonical data model.
For years, the mantra of the market data world has been ‘content is king.’ But with trading strategies now more dependent on being able to see the big picture, the value of context could quickly overtake the data itself.
Anthony examines how an open-sourced implementation of the FDC3 standard might change the interoperability landscape.