Data Management
Blockchain ‘track-and-trace’ tech could tackle data compliance, audit exposure, experts say
Startup DLT provider TradeX proposes using blockchain's immutable ledger as an indisputable record of market data entitlements and consumption, to reduce licensing disputes.
Broadridge’s LTX bond trading platform faces uphill battle
Entering a saturated market of electronic trading technology this summer, the new AI-powered platform must clear several hurdles before it can declare success.
TRG Screen acquires Jordan & Jordan’s market data compliance & reporting unit
TRG will combine J&J's six-year-old MDR managed service for data reporting with its own similar ADS declarations service.
Waters Wrap: A dangerous game of Cat & hacker (And reg reporting fees)
Anthony takes a look at the Consolidated Audit Trail and concerns over its security. He also touches on the rapidly changing face of the regulatory reporting marketplace.
Esma: Both OTC identifiers will not be required in Emir reporting
Market participants will not have to use both the UPI and the Isin in their submissions to trade repositories, policy officer says.
Has Covid stopped the clocks on FX timestamp efforts?
Budget reallocation may not be the only factor stalling standardization progress, say market participants.
SEC attorney defends personal information in the Cat
Regulators will need biographical information to get the most out of the Consolidated Audit Trail, advisor said, as broker-dealers and exchanges argue over liability for breaches.
Waters Wrap: Microsoft’s capital markets play (And Algorithmics thoughts)
Anthony takes a look at an interesting announcement between FactSet and Microsoft and what it could hint at as to Microsoft’s future in the capital markets. He also examines Algorithmics in the year after the SS&C acquisition.
Algorithmics charts new course in year-plus after SS&C acquisition
After eight years with IBM, Algorithmics has grown its staff significantly in the year since SS&C bought the risk analytics provider. The vendor is now taking aim at tapping into SS&C’s roster of buy-side users by embedding with the likes of Advent and…
Confidential computing projects could answer industry’s cloud security questions
Perhaps smarter than blockchain and certainly closer than quantum computing, this type of complex computing could accelerate banks' move to the cloud—if the industry gets it right.
If it ain’t broke, broker it: IDBs explore new ways of selling data
As interest in OTC marketplaces grows, so does the value of data generated by brokers in those markets. But monetizing that data involves many challenges. Max looks at some potential solutions.
PanAgora’s CIO & head of sustainable investing explain firm’s ESG framework, best practices
Waters Wavelength Podcast Interview Series: PanAgora’s George Mussalli and Mike Chen hit on topics including building predictive models using point-in-time data, and balancing ESG portfolios.
Knowledge graphs show glimpse of full potential
Technologies such as knowledge graphs that look at data in a non-linear manner can not only spot correlations and associations that aid investment analytics, but can also help tackle costly challenges such as change management and regulatory reporting.
As ASX preps Chess replacement testing phase, other data & cloud projects progress
Testing on the new DLT-based platform will begin in July. The Aussie exchange is also making progress on its DataSphere project and has addressed ASX Trade after an outage last year, according to the company’s CEO.
EU firms face operational burdens if UK denied data protection adequacy
A no-adequacy decision could create new logistical issues for compliance teams and data managers operating across the UK and the EEA.
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.
Broker data policies stoke fears of ‘exchange-style’ fees and audits
Interdealer brokers are looking enviously at the way exchanges have been able to grow data revenues, providing a stable stream of profits as other business lines have declined. But following the exchange model has its own challenges.
Back-office automation key to breaking open private markets
Trading in large, privately-held stocks has hitherto been the domain of large private equity investors. A new technology platform aims to make these markets more accessible to broker-dealers by integrating with the back-office processes that firms…
Ion Group acquires Dash Financial in move to bolster options execution
The deal will allow Ion to pair Dash alongside Fidessa as it looks to “own the sell-side technology space.”
Fed could require senior management to explain AI models
A new era of accountability might see the Federal Reserve demand model explainability to keep financial system safe.
Futures trading algos ripe for disruptive new entrants
Algorithm development specialist BestEx Research is making a play to address inefficiencies in futures trading algorithms.
JP Morgan AM develops AI quant tool that uses mind maps to build thematic funds
ThemeBot uses textual relevance and revenue attribution to construct a list of stocks, which is then verified by JPMAM’s active equity analysts.
Waters Wrap: The New World of ESG (And GameStop & Interop)
While the Biden administration is already targeting environmental issues with early executive orders, Anthony says that it’s financial giants that will have the greatest effect on ESG investing in the near-term.
Data providers target data deficiencies in muni bonds market
Companies like Ice are looking at ways to help municipal bond investors gain transparency into a historically opaque market.