Buy-Side Technology/News
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.
BNY Mellon to Offer Custodial Data via BlackRock's Aladdin
This is the first time that Aladdin has been opened to external providers.
Bloomberg Plans to Exit SSEOMS, KYC Business Lines
Sources say that this will allow the information giant to focus on more valuable business lines.
Northern Trust Promotes Burns to Head Funds Services
Industry veteran appointed to lead custody bank's US funds services business.
OpenGamma Raises $10 Million for Expansion
OpenGamma looks to release more products in the next 18 months and expand in US and Asia.
Hill Joins Crux Informatics Board of Directors
The former Blackstone president and CEO shifts sights to Crux Informatics Board.
Drawbridge Partners Appoints Tadijanovic as CTO
Tadijanovic brings 20 years of IT, platform and strategy experience to his new role.
SimCorp Focuses on Front-Office and Alternative Investments Tools
SimCorp delivers four releases a year to keep pace with client demand and the evolving buy-side market.
IPC Offers Crypto Trading Connection with Omniex Partnership
IPC, through Connexus Cloud, will offer clients access to Omniex's crypto trading platform.
Andrew Shortland To Steer International Expansion at Trade Informatics
The vendor's first local office outside the US is London, with plans for regional presences elsewhere in Europe and Asia.
CAT NMS Committee Proposes Five-Month Delay to Broker Reporting
Under new plan, industry participants will begin reporting equities in April, with testing to commence in December.
State Street Aims to Bolster ESG Offering with Latest Partnership
State Street is teaming up with Harvard professor George Serafeim to create solutions that help institutional investors find ESG materiality.
Tiger Snares Keegan for Strategy
The crypto trading tech startup has enlisted former Omega One dark pool co-founder Alan Keegan as chief strategy officer.
CFTC Chair Says Agency is ‘Finally’ Getting Resources to Bolster Tech
Giancarlo lauds budget approval from Congress in swansong industry appearance.
ASX Offers Free Blockchain Settlement to Lure Early Adopters
ASX plans to release the CHESS replacement in 2021 and the hope is to cut into Swift settlements.
Dash Names Venu Palaparthi as Compliance Chief
The former Tagomi exec will head regulatory affairs at the agency broker.
Cboe Gains Approval for Dutch Base
US exchange group receives regulatory nod for Amsterdam operations, and appoints a new head to run the EU entity.
LiquidityBook Opens Sydney Office
Tech vendor’s new Sydney office will serve as a springboard into the rest of Asia-Pacific.
Buy-Side Demand Builds for ESG Screening in Korea, Japan
HedgeSPA platform combines in-house and vendor ESG data for more comprehensive coverage of a larger target investment universe.
The Hard, Human Lessons of RPA
Robotics’ promise to revolutionize operations by automating tasks and accelerating processes is hitting implementation roadblocks.
Facing Cuts, Data Departments Find 'Best Friend' in Regulation
Experts warn data costs are among the first to fall under the axe during hard times.
Synechron Targets Asset Managers with Accelerator Launch
The digital consultancy began the program in 2016 and tailors each accelerator to client requirements.
Lou Maiuri Named COO of State Street
Maiuri was 'instrumental' in State Street's acquisition of Charles River Development.
Jonathan Kellner to Lead MEMX
The former CEO of Instinet is named as the head of the newest US stock exchange.