HCL Introduces Capital Markets Reference Data Solution

DELHI-IT services firm HCL Technologies has created a new information integration solution aimed at improving post-trade and middle-office functionality in the capital markets industry. Penstock One Foundation data management solution differs from competitive products, officials tell IRD, as it covers multiple asset classes and is simpler to use.

Designed to be a data model for lending and trading businesses, Penstock One Foundation can be used as a data warehouse or as a data repository

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‘Feature, not a bug’: Bloomberg makes the case for Figi

Bloomberg created the Figi identifier, but ceded all its rights to the Object Management Group 10 years ago. Here, Bloomberg’s Richard Robinson and Steve Meizanis write to dispel what they believe to be misconceptions about Figi and the FDTA.

Where have all the exchange platform providers gone?

The IMD Wrap: Running an exchange is a profitable business. The margins on market data sales alone can be staggering. And since every exchange needs a reliable and efficient exchange technology stack, Max asks why more vendors aren’t diving into this space.

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