Emerging Technologies
B3 Launches Early Closing and Reference Data Service
Financial infrastructure vendor B3 bows UP2DATA, a service that provides early financial information with an eye on facilitating automation.
Twitter, Neudata’s Morse Joins AI Banking ‘Assistant’ Finn.ai
Morse, a former speaker on social media usage and alternative data at IMD's North American Financial Information Summit, will help Finn.ai grow its "strategic" accounts business.
IHS Markit Teams With Cambridge Blockchain for Improved KYC Functionality
The pairing was spurred on, in part, by the looming General Data Protection Rule, which is due to go into effect in Europe later this year.
Thomson Reuters, Blackstone Agree $20B Financial & Risk Unit Spin-Off
Thomson Reuters has agreed to sell its Financial & Risk unit to a new company minority-owned by the vendor and majority owned by a consortium led by Blackstone Group.
Finastra Buys FX Platform Provider Olfa Soft
Finastra will combine Olfa Soft 's Seamless FX platform with its FusionCapital Treasury solution.
Matt Comyn Named Commonwealth Bank of Australia's New CEO
Comyn has almost two decades of experience and was previously the head of CBA's retail bank.
Thomson Reuters in Talks to Sell Stake in Financial & Risk Unit
The vendor confirms it is in discussions to sell a portion of the financial data business it acquired in 2007 as a result of Thomson Corp.'s purchase of Reuters.
TRG Licenses DART Terminal Usage Tracking Capabilities from Vela
Under the deal, TRG will sell Vela's DART Terminal Usage Analytics tool, though Vela will continue to provide support services and ongoing development.
Duco to Open Asia Office, Enhance Product Offering After $28 Million Investment
The investment will help Duco grow its staff by about 140 percent and incorporate machine-learning tools into its offering.
Smartkarma Opens NY Office for US Push
The office and hire of industry veteran Warren Yeh will boost takeup of Smartkarma's Asia-focused research in North America.
Cryptocurrencies Come of Age, But Is Crypto Data Ready?
Once used as payment for shady deals, digital currencies have long been the domain of speculators and retail investors. But the wild price increases of the past year have led institutional investors to sniff excitedly at the loins of the cryptocurrency…
Waters Wavelength Podcast Episode 106: Blockchain on the Buy Side; the Importance of Coding
Anthony and James examine a new report about how the buy side is lagging behind when it comes to blockchain development, and how K-12 schools are lagging when it comes to teaching coding.
Industry Fears Neutered CAT in 2018
The SEC’s Consolidated Audit Trail (CAT) of US equities trade data hit a fresh snag in late 2017, missing a major deadline for reporting, blaming insufficient cyber defenses. As it marches into another crucial year, Tim Bourgaize Murray reports on the…
Quantum Concern: Some Takeaways After Covering Quantum Computing’s Evolution
Asia editor Wei-Shen Wong has been covering the quantum space closely for over a year, and she has some thoughts on its progression.
BMO InvestorLine Adds OTC Markets Data for Canadian Investors
Officials say the move will make it easier for Canadian investors to identify investment opportunities and trade on OTC Markets in the US.
iMeta Hires Former Capita Operations Director for COO Role
Steve Piper will manage day-to-day operations at iMeta.
Tradeworx Sells Trading Arm to Focus on Fintech
The company renamed itself Thesys Group and will focus on growing Thesys Technologies.
January 2018: Getting Your Bitcoin’s Worth
Financial firms spent a lot of last year focused on Mifid II compliance, but also clearly spent significant time following the ups and downs of cryptocurrencies - and assessing whether to invest in this new asset class.
Post-Mifid II, Shelved Projects May See New Life
Tech chiefs and vendors see chance to revisit missed opportunities—in time.
Tech Sits at the Heart of ‘Evolve or Die’ Proposition for the Buy Side
One of the key takeaways from last year's Chicago-hosted SS&C Deliver conference is the importance for buy-side firms to develop a proactive technology strategy in order to adapt to a changing industry.
DTCC Proposes Measures to Further Reduce US Settlement Times
The two proposals could bring settlement down to a day-and-a-half from time of trade, but still need more feedback from the industry.
DTCC Taps Taskize for Speedy Post-Trade Solutions
Post-trade market infrastructure provider leverages Taskize technology to help users quickly resolve trade exceptions.
Visible Alpha Raises $38M from Banks
The new investment brings the total funding raised by Visible Alpha in the last three years to almost $70 million.
Buy Side Bands Together on Blockchain Vision in Landmark Paper
Fund managers, vendors and trade associations release joint paper on making distributed-ledger technology work for the buy side.