Buy-Side Technology/News
Blake Grossman Joins Axioma's Board of Directors
Barclays Global Investors’ ex-CEO has been elected as a member of Axioma’s board of directors.
NEX Optimisation Gets First Third-Party Provider for Infinity Platform
The company partnered with post-trade payments solution provider Baton.
European Commission: Post-Crisis Regulation Must Focus on Fintech
Fintech developments and implementation requires greater regulatory supervision, according to the European Commission's vice president.
DTCC Eyes Late 2018 for Blockchain-based Derivatives Reporting Platform
Trade Information Warehouse will go live with new blockchain-based system late next year.
BNP Paribas Pursues 40 Act Acquisition, Readies Live Blockchain Implementation
The French bank looks to make a "big" acquisition, and will go live with an internal blockchain for corporate actions within "weeks."
BNP Paribas Securities Services Extends Collateral Management Business with Tri-Party Service
French custodian enhances collateral management service connecting the buy side, the sell side and central clearing counterparties.
Trade Informatics Builds out Research Analytics Suite
In addition to bolstering its research capabilities, the company is also turning to artificial intelligence to revamp its trading platform.
Trading Technologies Makes Surveillance Play with Neurensic Acquisition
Vendor picks up fintech firm for undisclosed amount, will incorporate machine learning into trade oversight.
RSRCHXchange Launches Virtual Library Tool
New tool allows buy- and sell-side users to organize research content more efficiently.
House Lawmakers Pressure SEC to Postpone CAT
Congress has "serious concerns" about the SEC's ability to safeguard data, politicians say.
MPI Releases Stylus Workspace for Product Analysis and Monitoring
The new software introduces a number of preassigned factors for fund analysis on more complex products.
Synechron Adds Peter Memon as Head of Emerging Technology
Memon will be tasked with exploring potential partnerships in newly created role.
Calastone Appoints RBC’s Swabey as Head of Continental Europe
Henning Swabey to lead fund network provider’s European expansion strategy.
IHS Markit, MSCI Team Up for Fixed-Income Liquidity
The solution leverages IHS Markit's data and MSCI's LiquidityMetrics to make liquidity classification easier.
Ullink Extends OMS with Broker Solution for SI Regime
Modular extension for SI compliance to Ullink OMS aims to simply quoting process for brokers under new regulations.
Nasdaq, SEB Partner on Blockchain for Mutual Funds
The two firms are building a prototype blockchain solution for the Swedish funds market.
Cürex to Add Pre-Trade Market Check Time Stamp Capability
The feature will be made available to FX trade confirmations and end of day reports for best execution.
SimCorp and TS Ally for OEMS Offering
Companies link workflows for execution and order management systems.
SEC Company Information Database Attacked
Vulnerabilities identified in SEC’s EDGAR system – a corporate filings database – may have resulted in hackers profiting from the information they stole.
FCA Enhances Technology Firepower and Warns on Mifid II
The regulator says that it cannot create a layer of permitted compliance below European standards.
First Derivatives’ Kx Goes Deep on Machine Learning
IDC estimates that the market for machine learning-related technology will increase from $12.5 billion in 2017 to more than $46 billion in 2020.
Axioma Improves Batch Optimizing, Tax Features in Portfolio Optimizer
Updates include using multiple cores to speed up optimization and additional features around taxes.
Setl Launches Blockchain Platform for Funds Record Keeping
The vendor has built Iznes with the collaboration of four French asset management firms.
Orchard Launches Platform Connecting Lenders and Investors
The platform, Deals, offers a marketplace environment for lenders to look for investors.