Sell-Side Technology/News
Collibra Cages Lyons for Data Security
Lyons will oversee Collibra's efforts to establish greater information security practices around firms' data governance processes.
HPR Rolls Out Centralized Trading Infrastructure CRM-X
CRM-X uses cloud-like technology to trade and consolidate capital across markets.
Ethereum Group Launches Token Standards Drive
The initiative seeks to create common language around tokens to foster wider adoption among institutional investors.
Due Diligence Body IDDO Adds Silitschanu to Board
The former analyst and capital markets advisor will help steer the standards organization's vision and growth.
Banks and Bourses Increasingly Combine Cloud, AI for Data Projects
The combination of the two technologies is bearing fruit for firms struggling with legacy architectures, but education and talent remain tough obstacles to overcome.
Digital Asset Opens Smart Contract Language to Other Blockchains
VMware blockchain and Hyperledger Sawtooth begin support of DAML on their platforms.
ParFX Plans Push into Derivatives
The trading platform has snapped up a MIC code as it ponders whether the growing market segment needs a ParFX model.
Sell-Side Technology Awards 2019: All the Winners and Why They Won
This year's SST Awards were held on the afternoon of April 12 in London. Here are this year's 31 category winners.
Data Standardization Remains Top ESG Roadblock
As asset managers seek to incorporate ESG factors into their portfolios, they are facing challenges—particularly around data consistency. Some say custodians could offer solutions.
Horizon Plans Enhancements to Algo Framework
New modules will allow users to modify certain aspects of algorithmic code.
Torstone Buffs Middle-Office Bona Fides with Percentile Buy
Torstone will add a risk management component to its post-trade platform through its acquisition of the vendor.
ChartIQ's Finsemble Adds Support for Electron Open-Source Tech
Partnering with Electron opens up more possibilities for Finsemble users.
Bloomberg Plans to Exit SSEOMS, KYC Business Lines
Sources say that this will allow the information giant to focus on more valuable business lines.
OpenGamma Raises $10 Million for Expansion
OpenGamma looks to release more products in the next 18 months and expand in US and Asia.
Blockchain Firm TZero Appoints CEO to Build Broker-Dealer Unit
Elliot Grossman, previously MD at TZero's broker partner Dinosaur Financial, will be responsible for establishing the vendor's new broker-dealer division.
Warsaw Stock Exchange Bets on Blockchain
The exchange group is launching a separate technology arm for capital markets focused on blockchain, cloud and artificial intelligence.
Nasdaq to Build Deutsche Bank's Single-Dealer Platform
The deal is part of the exchange’s efforts to expand its market technology business.
Leading Swap Dealers Join DTCC-Euroclear Margin Transit Utility
DTCC can now focus on expanding coverage of the MTU with the addition of leading dealers.
Southeast Asian Firms Look to Automate Post-Trade Processes
Using the DTCC’s central trade manager platform, Bangkok Capital Asset Management can automate its post-trade process with almost 2,000 counterparties in 52 countries.
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.
Asia Exchanges Lag in Matching-Engine Speed
Markets in Asia lack the speed and throughput of their US counterparts.
Digital Asset Names Co-Founder Rooz CEO
In his prior roles as COO and CFO of the company, Rooz has hired its existing management and overseen its acquisitions to date.
Cobalt Expands with New Hires
The vendor recently entered into a partnership with IHS Markit for post-trade services in currency markets.
Itiviti Nabs FIS’ Mackay for CEO Role
Swedish vendor appoints trading and risk systems veteran as new chief executive.