Emerging Technologies
CFTC Commissioners Lash Out at EC Clearing Proposals
The push to expand oversight of US CCPs is “a clear breach” of 2016 equivalence deal, Quintenz says.
Rimes Taps Markit’s Scott to Head EMEA, Asia Sales
Scott has 20 years of industry experience, starting at middleware vendors and most recently in EDM sales at IHS Markit.
DTCC Chief: We’re Going to 'Disappear' As Blockchain Evolves
The head of the US depository system says the utility will not exist in its current form, but will have a central role to play in a post-DLT world.
Neptune Networks Looks to Expand into MBS/ABS in the US
The bond market utility now has 24 banks fully live on the platform with another two set to go live by early Q2.
For Central Banks, Digital Currency Risks May Outweigh Benefits
CPMI's report says existing technology is sufficient at present to deliver the benefits of digital currencies, without introducing new risks.
Barchart Names former GlobalView, FutureSource Exec Harrison CTO
Harrison has 25 years of experience in technology leadership roles in the market data and startup industries.
The Insurgents: Fintechs Are Knocking Off Incumbents
Anthony Malakian says that in just the first two months of 2018, some big headlines are proving just how effective fintechs are at competing with the big players in the capital markets space.
Thomson Reuters, MarketPsych Unveil Sentiment Index Update, Adding Bitcoin Data
The vendors are monitoring additional sources of news and social media specific to cryptocurrencies.
Waters Wavelength Podcast Episode 112: A Look at How Fintechs are Being Disruptive
The past two weeks have seen some major announcements that point to fintechs being even more disruptive than in years past.
Nasdaq, Sina Hail Data Deal as Step Towards Globalization of Chinese Investor Portfolios
Nasdaq looks to broaden distribution in China via Sina, then replicate the partnership in other Asia-Pacific markets.
Banks and Buy Side Ally for Desktop App Interoperability
Led by OpenFin, FDC3—which includes the likes of RBC, JPMorgan, AllianceBernstein, Citadel and Barclays—aims to create a common language for desktop app interoperability.
QuasarDB Taps Tech Sales Vet Jones for EMEA BizDev
Jones has more then 30 years of experience in technology sales and product management roles in Europe and the US.
Asia’s New Tigers: Exchanges Overhaul Aging Systems
Waters looks at major projects being rolled out in 2018 at exchanges in Japan, Australia, Hong Kong and Singapore.
Nasdaq Mulling Pari-Mutuel Tech for Potential Products
The model, widely used in gambling, could have applications for customized options and other exotic financial products.
Europe Unveils Fintech Action Plan
European Commission seeks to build EU fintech lab, promote blockchain and review rules in light of emerging tech.
GTCR Agrees to Sale of Dash Financial
Flexpoint Ford is backing a management buyout of Dash Financial Technologies from private-equity firm GTCR.
S&P Shuffles Execs Following Divisional Restructure
After a New Year restructure that spun Platts out of S&P Global Market Intelligence as a separate, standalone division of S&P Global, the vendor has announced senior executive changes within the GMI division.
EDM Council 2.0: Trade Body Unveils New Program and Platform
Trade association is launching a new social media-based platform, reflecting industry shift toward more collaboration.
S&P Global Makes $550 Million Bet on AI with Kensho Buy
Information giant will pick up Goldman Sachs-backed AI startup for over half a billion dollars.
The Big Crunch: Traditional Tech’s Great Contraction
Waters examines how this recent wave of consolidation is different than previous periods of contraction.
Mandelzis-led Fintech Capitolis Raises $29 Million, Targets Trade Finance
The company, chaired by former Thomson Reuters chief Tom Glocer, will serve as a peer-to-peer network for trade financing.
Risk Focus Appoints Harding and Hair as Sales Directors
New York-based pair will lead sales in cloud, DevOps and financial services for vendor.
Nasdaq Sues IEX for Trading, Data Patent Infringements
Nasdaq's lawsuit alleges infringement of a number of patents covering its trading process and certain data elements by IEX.
SenaHill Taps Industry Vets Korhammer, Weil to Head Markets, Info Providers Sectors
Korhammer is best known for founding electronic equities trading platform Lava Trading, which was acquired by Citigroup.