Inside Market Data/News
Fixnetix Beefs Up NY Presence for US Push
The vendor plans to exploit the larger footprint of parent DXC and to launch new services in the US.
Ex-Goldman Exec and Crux Founder Creates Alt Data Strategy Firm
The new company returns Pritchard to her love of working directly with alternative data.
HKEx Shakes Up the Market with Proposed LSEG Takeover
If the HKEx–LSEG merger goes through, the LSEG–Refinitiv deal would be scrapped, creating an interesting ripple effect.
UBS Explores AI for Trading Functions, Real-Time Transcriptions
The investment bank is completing a proof-of-concept with Cloud9, aiming to automate front-office functions.
HFT Firm Grasshopper Taps Google Cloud for Research Platform
The firm's chief investment officer, Tan T-Kiang, explains how his team is using GCP to "listen" to live market data.
Industry Bodies: EU Consolidated Tape Needs Strong Governance by Esma
Esma will use the submitted responses to draft its advice on market data costs and the European consolidated tape, which will be presented to the European Commission in December.
Swift Develops API to Automate KYC Registry Data Consumption
The API was recently made available to all registry customers, with plans to offer a 'proactive API' next year to push new and updated data.
Sterling Debuts Data Entitlements Compliance Tool
Sterling Entitlement Manager will allow the vendor's clients to onboard traders more quickly while ensuring compliance with exchange data licenses.
IEX’s First Fees Buck Data Charge Trend
IEX keeps its data fee-free, but announces charges for costly and inefficient "logical ports."
Startup VendEx Debuts VKey Data Contract Management Tool
VKey will extract and present key terms from financial firms' data contracts, enabling them to better understand how they can use the data they pay for.
Hundreds Leave Fidessa After Ion Acquisition
Current and former employees of the London-based software provider say around 400 employees have left in the last year.
Brown Brothers Harriman's Welch Explains Bank's Use of Artificial Intelligence
The bank has a number of projects using emerging technologies, one of which optimizes the process of detecting price anomalies.
ISO Close to Releasing First Blockchain Standards
The international standards body says it is working on getting out its first standard for blockchain terminology.
Banks Embrace the Use of Synthetic Data
Banks have long been using synthetic data to validate solutions, but tech advancements and regulatory pressure have established this practice as a crucial step in the development and testing of technologies.
Scotiabank Turns to Cloud GPUs for Risk Calculations
The Canadian bank has significantly improved the time it takes to run XVA calculations, and has big plans to further expand its XVA cloud GPU program.
Moody's Acquires Buy-Side Risk Analytics Platform RiskFirst
The deal will help Moody's expand its pension-fund footprint in the UK, and for RiskFirst to expand in the US.
MarketAxess' Trax to Begin Industry Testing for New SFTR Tool
Starting next month the vendor will allow testing for its UTI portal to help with SFTR compliance.
Deutsche Bank Develops Bot to Automate Parts of OTC Workflow
The already-developed bot is now awaiting incremental testing before it goes into production within six months.
FIS Turning to Machine Learning for Private-Equity Solutions
FIS is pushing to add greater automation for its private-equity business in an effort to streamline workflows.
Universal-Investment Explores AI to Develop ESG Services
The administrator is looking at how artificial intelligence can be used to extract online sentiment and create customized alternative data services to attract clients.
Trulioo Expands Into Emerging Markets, Taps Into Mobile Data For AML/KYC
The vendor plans to use mobile data for KYC in Southeast Asia.
Pico Looks to Expand Network Analytics for Outsourced Trading
Pico's newest acquisition brings real-time analytics to its managed-network environments.
Barclays Nearly Finished with First Major Quantum Computing Experiment
Dr. Lee Braine walks through how the bank is experimenting with quantum computing and where the field is heading.
Xignite Taps Xpansion’s Xmon Tool for Web Services Data Monitoring
Vendors say their integrated solution will deliver significant data cost savings for firms by implementing usage tracking and controls.