News Analysis
Industry participants: ‘Digital Token Identifier’ aims to increase interop, usage
While some trading firms are welcoming the use of a new non-proprietary code for identifying digital tokens, the onus will be on local regulators to enforce its adoption.
Bank-backed Versana takes aim at syndicated loan tech
Born from a consortium that includes JP Morgan and Bank of America, Versana aims to bring up-to-date and permissioned data to the syndicated loan market—the first step to a more transparent and faster operating market.
BNY Mellon deploys new AI, cloud tools
The custodian bank has reduced payment processing times by as much as 80%, according to officials.
Data analytics dominate M&A agenda for exchanges in 2022
While there weren’t many headline-grabbing acquisitions in 2022, the year contained a handful of deals that point to expanding trends in the exchange technology industry.
Startups vie with potential EU consolidated tape to fill market data needs
With a consolidated tape for European debt securities finally on the horizon, startups anticipate how they can fill inevitable gaps.
OTC Markets rescues Edgar Online, plans ‘comprehensive’ US disclosure data service
Edgar Online’s new owners discuss their plans for the financial data and filings provider, and how owning the data will be key to expanding the range of services it can offer.
TMX embarks on data diversification and expansion play with WSH buy
The Canadian exchange is the latest to acquire a data vendor business, bringing non-exchange content to help it grow its data assets.
MDSL cuts data vets, retools to focus on technical sales
The loss of experienced data specialists has shocked some industry execs, but the vendor says its plan to train a new cadre of technically focused staff will result in better service overall.
Memx data fees tackle professional vs. non-professional audit risk
The exchange delivers on its promise to reduce the cost of exchange data, but subscribers still face an administrative cost burden associated with the lower user fees.
Looming court battle could void SEC’s market data efforts
Litigation preview: What will the big exchanges argue in a court case to reverse the SEC’s initiatives?
Regulators, startups eye transparency efforts for private companies
When it comes to private companies, data transparency still lags its public market equivalents, and a lack of data quality and availability is a barrier to increased investor participation. But an alliance between a startup and niche brokers is aiming to…
Cusip finds new home at FactSet as industry watches warily
Though the standard has always been operated by a private entity, industry sources say its new operator could create a perception issue for FactSet. For its part, the vendor says the purchase (for a “stunning” total of nearly $2 billion) is meant to…
Wavelength Podcast Ep. 201: Refinitiv Labs on Unstructured Data
Sanjna Parasrampuria, head of Refinitiv Labs in Asia discusses the technology behind sifting through unstructured data.
Bloomberg: Regulation Driving Demand for ESG Activities Data
Ratings providers must update their products, as a raft of new regulation drives transparency in the sustainable investing sector.
Lawyer: Don’t Punish the Programmers
Smart contract developers should not be responsible for violations of regulation perpetrated on the blockchain, says Katten special counsel.
Banks Forge Cloud Agreements to Split Accountability
Banks are trying to split responsibility for their operating environments with the major cloud providers. Regulators are having none of it.
Tech Releases Surge Ahead of Initial Margin Deadlines
The final phases of initial margin rules are expected to capture over the next two years more than 1,000 buy-side and sell-side firms, which technology providers see as potential customers.
Top Stories 2018: The Crypto Round Up
The crypto space dominated headlines over the past 12 months and WatersTechnology looks at some of the top stories.
Burton-Taylor: ICE’s IDC Acquisition Drives Record Exchange Data Revenues
Minus the impact of Interactive Data's acquisition, the underlying increases in exchange data revenues overall show no sign of slowing.
NAFIS 2017: Industry’s Late ‘Thaw’ on Machine Learning Leaves Much to be Done
Joanne Faulkner reports on NAFIS panelists' views on machine learning and its current and future applications for the capital markets.
Derivatives Service Bureau Opens UAT Platform for ISINs on OTC Products
The formal testing period will last until October 2017, when DSB's User Acceptance Testing platform will start producing ISINs ahead of Mifid II.
Acadian Asset Management Explores Asset Forecasting with Microsoft Bing
The US firm will experiment with Bing’s data, aiming to develop new ways of predicting asset prices.
Wiener Börse Builds APA Platform for Trade Reporting
The Austrian Exchange will comply with OTC Mifid II reporting requirements by introducing the TTR2 platform for its Austrian and regional clients.