This Week: Finos, Cboe Global Markets, Aiviq/Alliance Bernstein & more

A summary of the latest financial technology news.

Finos, Isda, Isla, Icma launch Common Domain Model project

The Fintech Open Source Foundation (Finos) has released the common domain model (CDM) alongside the International Swaps and Derivatives Association (Isda), the International Capital Market Association (Icma), and the International Securities Lending Association (Isla). The initiative aims to provide an open framework for the management and trading of assets across their lifecycle. The three trade associations selected Finos to provide

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A tech revolution in an old-school industry: FX

FX is in a state of transition, as asset managers and financial firms explore modernizing their operating processes. But manual processes persist. MillTechFX’s Eric Huttman makes the case for doubling down on new technology and embracing automation to increase operational efficiency in FX.

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