Waters Wrap: Dash Financial gets nabbed by Ion (And monetizing data)

Ion Group has acquired Dash Financial. Whether or not this ends up being a good marriage will come down to the people making the tech platforms, Anthony says.

Let the consolidation continue. Not only did WatersTechnology break the news (pats self on the back) that Ion Group is acquiring Dash Financial (which I’ll write about in just a bit), but buy-side-analytics specialists MackeyRMS and InsiderScore have merged, and Tradeweb bought eSpeed from Nasdaq.

It will all depend on how efficiently the nations of the world get the pandemic under control in 2021 (please let it be 2021), but as jabs go into arms, hopefully, some semblance of normalcy will

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Northern Trust building internal cloud data ‘marketplace’

Using a mix of in-house expertise and third-party technologies, the firm has constructed a cloud-based data mesh that gives internal staff access to proprietary datasets and analytical tools to deliver greater insights into client activity.

Nasdaq reshuffles tech divisions post-Adenza

Adenza is now fully integrated into the exchange operator’s ecosystem, bringing opportunities for new business and a fresh perspective on how fintech fits into its strategy.

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