Buy-Side Technology/News
ESG Data Specialist TruValue Labs Secures $13.6 Million in New Funding
The San Francisco-based company will use the investment to expand its language coverage and its AI-driven predictive analytics.
Numerix Deploys Oneview on OpenFin’s Operating System
Numerix is an early adopter of OpenFin’s push to create industry-wide desktop app interoperability.
CFTC's Budget Cut Constrains Crypto Oversight, Market Resiliency Activities
A higher budget, on the other hand, could bring in extra staff to monitor clearinghouses and fraud manipulation in crypto markets, says CFTC commissioner Quintenz.
IBM Buys Armanta to Bolster Financial Risk Offering
Armanta will be deployed within IBM’s Watson Financial Services’ financial risk unit, which grew out of the tech giant’s acquisition of Algorithmics.
Eze Achieves Single-Platform Goal with Investment Suite Release
Execution, order, portfolio management and accounting systems now available individually or as one offering.
SS&C Flirts with Further Acquisitions after Fidessa
SS&C CEO Bill Stone said that the company is flush with cash after the failed Fidessa bid and will look to use it to continue its acquisition spree.
Ex-Credit Suisse Banker Siegel Takes Reins at Lux FTS
The appointment of former Credit Suisse prime consulting exec Siegel as CEO follows a $6 million investment by Credit Suisse Asset Management's private equity arm last year.
Activ Financial Joins BT Radianz Cloud
Vendor aims to accelerate growth and expand its client footprint using cloud services.
Schroders Turns to Commcise for Mifid II Research
Platform gives greater transparency for compliance with unbundling requirements under European rules.
Liquidnet Adds Enhancements to Algo Suite
New algorithms let traders seek out additional block liquidity.
Aussie Blockchain Hedge Fund Eyes Start in Coming Months
First Digital Capital, whose investments will be focused solely on the blockchain economy, is currently assembling its management team.
Exchange Execs Cast Doubt on Mifid II's Best-Ex Reports
Experts warn venue reports will be unreliable and effectively bereft of value for investors.
SocGen Taps Big XYT for Liquidity Analytics
The bank will use Big XYT's Liquidity Cockpit platform to provide deeper insight into the European equities liquidity landscape.
BNY Mellon’s Eagle Inks Microsoft Cloud Deal
The two firms will collaborate to build a cloud-based data platform for investment managers.
Former Barclays Electronic Trading Director Joins Big XYT
Mark Montgomery will hold a key role in strategy and business development.
Tora Targets Best Execution with AI-Powered Algo Picker
AlgoWheel will use machine learning to determine best method of execution.
Four Twenty Seven Looks to Grow Climate Data for Banks, Asset Managers
Traders and portfolio managers use the data to assess risk and to develop portfolios that are environmentally conscious.
Asia Financial Firms Explore Robotic Process Automation
Institutions can cut costs by 30 to 60 percent.
Regnosys to Expand Reach with Bank, Regulatory Implementations
In addition to its work with Isda, the fintech startup also has projects in the works with ING Bank and the FCA.
Rival Systems Introduces New VAR Feature
Chicago-based firm adds Value at Risk to its latest risk management offerings.
Bogen to Head Execution Services for Dash Financial
Bloomberg and Bear Stearns veteran to lead buy-side push at platform provider.
Trax Registers Netherlands-Based Entity for APA
Reporting platform prepares for Brexit with Amsterdam office.
Regulators Warn on Phishing Scams
Increasingly sophisticated schemes are targeting firms and individuals, watchdogs say.
European Watchdogs Warn on Cyber, Cloud and CCPs
The bloc’s primary financial regulators say immediate work is needed to protect systems.