Fidessa
SEC gunning to take over CAT in 2027
Chairman Atkins has plans for the SEC to run the Consolidated Audit Trail directly. Industry participants are split on the idea.
FactSet-LiquidityBook: The buy-side OMS space continues to shrink
Waters Wrap: Anthony spoke with buy-side firms and industry experts to get a feel for how the market is reacting to this latest tie-up.
Finra clears hurdle with CAT launch, but several others remain
Two major components of the consolidated audit trail are now in place. But wrangling over the CAT’s future continues.
This Week: MSCI, Tradeweb, FactSet, LTX, MarketAxess, TS Imagine, and more
A summary of the latest financial technology news.
LiquidityBook buys Messer in effort to beef up portfolio management capabilities
The OEMS provider has purchased the Hong Kong-based PMS provider—but don’t say it’s solely a play for the buy side.
What’s the market for Ion Markets?
With whispers swirling that Ion’s chief executive is looking to cash out on his tech conglomerate, big changes could be coming to the world of fixed-income software.
S3 Partners sues Ion’s Fidessa for breach of contract
The New York-based market data company has filed a complaint against Fidessa for failing to honor its agreement to invest up to $6.25 million into the business.
LiquidityBook looks to displace Fidessa as sell-side OMS of choice
What began as a small buy-side technology offering, now has ambitions to oust Fidessa in the sell-side OMS space. LiquidityBook, now armed with a handful of ex-Fidessa employees, has secured the product expertise. Can it secure the clients?
Waters Wrap: Ion’s fixed income EMS & how tech development theory is changing
Some of the largest trading platform providers have embarked on major integration projects in recent years. As fintech disruption continues, Anthony says this is not a fad, but an evolutionary shift.
Broadridge’s Gokey eyes interop to connect back-office data for front-office needs
The vendor is leveraging its back office capabilities and platforms to integrate Itiviti, and bolster its LTX bond trading platform.
Waters Wrap: The next evolution of FDC3
Anthony examines how an open-sourced implementation of the FDC3 standard might change the interoperability landscape.
People Moves: Tradeweb, Rimes, CME, LiquidityBook, and more
A look at some of the key people moves from this week, including Renaud Larzilliere (pictured), who joins Rimes as COO.
This Week: Bloomberg, Finos, Broadridge, Fidessa & More
A summary of the latest financial technology news.
As fixed income edges toward automation, the interop movement is cutting in
Valantic FSA, a European solutions provider, wants to remake the fixed-income tech scene in interoperability's image, taking on incumbents like Ion Group.
Holding Pattern: As Trading Technologies awaits new owner, the vendor adjusts development strategy
The Chicago-based futures trading platform recently rolled out a new OMS offering, while other projects, like its Echo Chamber market data platform, have been put on pause until a sale goes through.
Investment bank wraps up major tech overhaul after Covid-19 setback
Stifel Europe weathered 2020 volatility and switched vendors in looking to simplify its middle- and back-office functions and increase tech investment.
People Moves: BMO, Drawbridge, FinLync, GoldenSource, and more
A look at some of the key "people moves" from this week, including Lindsay Black (pictured), who has been appointed managing director of strategic initiatives in BMO's data & analytics group.
Waters Wrap: Broadway Technology, Symphony, and new beginnings (And other new CEOs)
Anthony takes a look at some major CEO changes from the last year, and what those moves might mean for clients of those vendors.
People Moves: LiquidityBook, BondIT, Sterling Trading Tech, Old Mission
A look at some of the key people moves from this week, including Sayant Chatterjee (pictured), who has been appointed chief operating officer at LiquidityBook.
People Moves: HKEx, LSEG, Esma, Finos, and more
A look at some of the key people moves from the past week, including Nicolas Aguzin (pictured), who joins HKEx as its new CEO.
Waters Wrap: The nature of data and information (And Ion-List thoughts)
Anthony takes a look at the alternative data industry post-GameStop, and wonders about Ion Group’s strategy going forward after recent acquisitions.