OpenSettlement Readies Geographic Expansion

German standing settlement instruction (SSI) company OpenSettlement is taking its product to new markets, targeting the same space as Omgeo does with its SSI database Omgeo Alert, officials tell Inside Reference Data.

The OpenSettlement product, which has been sold in Germany since 2008, is aimed at helping firms manage and share SSI data in an online community. It enables users to publish instructions, pull out reports, and send messages to anyone, including firms that do not subscribe to the

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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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