Sell-Side Technology/News
Liquidnet Introduces Algo Ranking Model to European Marketplace
A year after its US release, Liquidnet unveils its Algo Ranking Model service to its European clients as part of its Mifid II solution suite.
Banks Test DLT Proof-of-Concept for Euro Commercial Paper
Four R3 member banks have built a prototype solution for the issuance of euro commercial paper on the Corda platform.
Artificial Intelligence Helps Tackle Regulatory Conflicts
WayMark Technologies has built a platform that automates the crossover between European regulations.
Cinnober Appoints Mattias Granlund as Deputy CTO
Silicon Valley veteran Granlund joins Cinnober to strengthen technology portfolio and strategies.
SEC Integrates AI and Machine Learning for Risk Assessment
The regulator began using machine learning after the 2008 financial crisis and is working on creating more machine-readable documents.
Instinet and Virtu Financial Establish Liquidity Partnership
Instinet's buy-side and sell-side clients provided with aggregated liquidity ahead of Mifid II rule changes as part of new bilateral streaming partnership.
Tradeweb Connects to China’s Cfets through Bond Connect Program
Offshore platform to link with Bond Connect program, giving foreign investors access to Chinese mainland fixed-income market.
European Credit Repo Market Ripe for D2C Automation
Highly manual processes in a key European funding market may be forced to automate, industry group suggests.
Former Goldman Co-Head of Tech, Paul Walker, Joins OpenFin’s Board
Walker was at Goldman Sachs for 15 years before retiring last year.
LCH Adds BNZ as Clearing Member
Clearinghouse adds first New Zealand member amid other developments in Asia-Pacific
UPDATE: IHS Markit Partners with Deloitte for Mifid II Managed Service
Collaboration will combine IHS Markit Outreach 360 Deloitte compliance advisory services.
R3 Supports Isda for Blockchain Standards Work
Blockchain consortium will work with trade body for common standards on smart contracts and distributed-ledger development
Misys, D+H Complete Merger to Launch Finastra
Former Misys CEO Nadeem Syed to take the helm of the newly-minted software vendor following the completion of the merger between Misys and D+H.
Thomson Reuters Releases Blockchain Smart Oracle
The Smart Oracle, called BlockOne IQ, will push external data into the blockchain.
IBM Takes Aim at Regtech Space Using Cognitive Technology
IBM marks its first major product launch in the financial services regulatory space with the roll-out of new cognitive solutions educated by Promontory professionals.
Boylan Leaves Goldman Sachs for Biz Dev Role at Dash Financial
Bob Boylan joins Dash Financial from Goldman Sachs, where he most recently led the bank's electronic trading hedge fund sales team, following several years as head of its broker-dealer and international electronic institutional sales group.
Northern Trust Aims to Increase Execution Transparency with New FX Algo Suite
Suite of algorithms, combined with Northern Trust liquidity panel and fee structure, to provide holistic view of FX trading process.
Thomson Reuters Integrates Eikon with Symphony
Joint customers will be able to share Eikon content directly via the messaging platform.
R3's Corda Enters Public Beta after HP Deal
Corda platform set for public release as R3 builds to 1.0 release.
Davie Returns to LCH in Rates Role
Former COO returns to clearinghouse to head up rates, compression and uncleared derivatives projects.
LiquidityBook Installs Thompson to Drive Euro Growth
New York-based LiquidityBook has appointed Nicholas Thompson as manager of its Client Services operations for EMEA, as the firm sees increased demand for its POEMS offering in the region.
BNY Mellon Taps Bridget Engle as CIO
Engle will take over the role from Suresh Kumar.
Nasdaq Rolls Out Auction on Demand Service to Nordic Equities Markets Ahead of Mifid II
Nasdaq Auction on Demand is designed to address specific execution and transparency requirements for equities market under Mifid II.
Thomson Reuters Starts Integration Drive, Equips Redi Users with Eikon Messenger
Buy-side firms get access to sell-side messaging functionality as Thomson Reuters embarks on integrating its Redi and Eikon platforms.