News
This Week: BlackRock/Tradeweb, FactSet, DTCC, RBC and more
A summary of the latest financial technology news.
Blockchain startup Symbiont files for bankruptcy
Clients included American Century, Citi, State Street and Vanguard
Certified FDC3: Finos reveals interop vendors compliant with open-source standard
Following Finos’ long-awaited release of its new FDC3 compliance testing framework, two of the three major container-based interoperability providers have received badges certifying their adherence to the growing industry standard.
AFTAs 2022: All the winners and why they won
Here are the 27 category winners from this year's virtual American Financial Technology Awards. This year's multi-category winners are JP Morgan, Morgan Stanley, Bank of America, Northern Trust and BNY Mellon.
FTX failure resets US crypto legislative program
Lawmakers expected to seek stronger customer protection; industry wants flexibility for DeFi
Regulated firms warn against crypto market lockout
Onshore participants urge regulators to bring cryptocurrency trading out of the ‘shadows’
State Street looks to bolster Charles River, Alpha platforms with FundGuard integration
State Street’s partnership with FundGuard will provide clients with multi-book accounting, allowing them to see two sets of records in one system.
Bloomberg, MarketAxess, Tradeweb probe three tech partners for consolidated tape bid
Venue-led consortium plans to pick a winner before EU regulators begin tender process – anticipated in third or fourth quarter of 2023.
People Moves: DTCC, Octaura, Baton Systems, and more
A look at some recent people moves in the capital markets tech and data space.
This Week: Liquidnet, Ion Group, IBM and more
A summary of the latest financial technology news.
Citi quants’ AI model aims to hedge earnings surprises
Machine learning tool forecasts effect of shocks on implied volatility surfaces in minutes.
Buy-Side Technology Awards 2022: All the Winners and Why They Won
Here are the 37 category winners comprising the 2022 Buy-Side Technology Awards.
All the pieces fit: connecting trader voice and messaging across workflows
Cloud9 expands Symphony's communication channels to trader voice, in an effort to simplify workflows as Wall Street struggles with compliant communications.
LSEG’s Refinitiv to deliver Real-Time Full Tick data on the cloud in 2023
The data vendor has 19 points of presence from where it will provide co-located access to the new managed services by Q2 2023.
Symphony wants to be Wall Street’s phone book—but smarter
As Symphony strays further from its original purpose of being a chat platform, WatersTechnology sat down with Brad Levy at this year’s Innovate conference to discuss his vision for the firm.
People Moves: CME Group, LPA, Edgewater and Sterling Trading Tech
A look at some of the key recent "people moves", including Matthias Schulz (pictured), who joins LPA.
New tech for corporate actions aims to improve the data extraction process
Demand for corporate actions data is increasing in the front and middle office, but the data can be hard to read.
Goldman Sachs, JP Morgan join forces to explore market data in the cloud
The banks’ vision is for vendors and consumers to be able to distribute and access all data sources in a multi-cloud environment. They’re mapping the way to get there.
Fees rise and questions linger as Esma ramps up analytics capabilities
The EU regulator’s expanded supervisory powers and big data capabilities have caused some confusion on how the data will be used and how Esma’s new role will shape reporting regimes.
LiquidityBook looks to displace Fidessa as sell-side OMS of choice
What began as a small buy-side technology offering, now has ambitions to oust Fidessa in the sell-side OMS space. LiquidityBook, now armed with a handful of ex-Fidessa employees, has secured the product expertise. Can it secure the clients?
Four years on, S&P's Kensho buy yields new automation tools, saving decades of manual data analysis
S&P-owned AI tool Kensho is leveraging its parent's massive datasets with its own machine learning to release a series of tools for analysts.
BMO CIO: Open source boosts internal risk platform performance
The bank’s proprietary solution uses Apache Spark to calculate forward-looking loss scenarios in its loan portfolios.
People Moves: UKEF, RBC, Plenitude and more
A look at some of the key people moves from this week, including Samir Parkash (pictured), who becomes UK Export Finance’s interim chief executive officer.
EU Regulator: Incoming rules will arm financial institutions to negotiate cloud contracts
While the new rules will eat into financial services resources, regulators say they will also offer safeguards for managing cloud agreements.