News
This Week: Symphony, Nasdaq, Interactive Brokers, Finos, MSCI, and more
A summary of some of the past week’s financial technology news.
Capitolis to acquire LMRKTS
Deal for multilateral compression provider latest in wave of post-trade tie-ups, as SA-CCR bites
As fixed income edges toward automation, the interop movement is cutting in
Valantic FSA, a European solutions provider, wants to remake the fixed-income tech scene in interoperability's image, taking on incumbents like Ion Group.
People Moves: Theta, Google, B2C2, Tourmaline, and more
A look at some of the key "people moves" from this week, including Paul Flanagan (pictured), who joins Theta as strategic sales advisor.
This Week: Bloomberg, Broadridge, Rimes, Glue42, and more
A summary of some of the past week’s financial technology news.
Burden of Proof: Meet the IEX breakaways looking to shake up broker algos
Founded with the principles of “transparency and academic rigor,” some say Proof’s model and technical approach is a test case for a new generation of cloud-native broker startups.
Holding Pattern: As Trading Technologies awaits new owner, the vendor adjusts development strategy
The Chicago-based futures trading platform recently rolled out a new OMS offering, while other projects, like its Echo Chamber market data platform, have been put on pause until a sale goes through.
Research management systems vie to double as data, analytics providers in one-stop-shop bid
RMS providers Sentieo and MackeyRMS feel the pressure to become quasi-data and analytics providers in their quest to cover the gamut of the buy-side research analyst workflow.
Swedish bank finds Covid-19 recovery insights in alt datasets
High-frequency data such as human mobility data and plastic shipments can help investment professionals understand the post-pandemic economic reopening.
People Moves: LedgerEdge, JP Morgan, MarketAxess, Enfusion, and more
A look at some of the key people moves from this week, including Michelle Neal (pictured), who has joined enterprise software vendor LedgerEdge as CEO of US operations.
Dutch asset manager turns to decision trees for currency predictions
APG has improved prediction accuracy for G10 currency movements after adopting decision tree-based machine learning.
This Week: Nasdaq, NSCC, State Street, OpenFin/Broadridge, and more
A summary of some of the past week’s financial technology news.
Investment bank wraps up major tech overhaul after Covid-19 setback
Stifel Europe weathered 2020 volatility and switched vendors in looking to simplify its middle- and back-office functions and increase tech investment.
EBA to consult on banks’ machine learning use
The watchdog will set out a new stance on ML-based capital models at a time of conflicting guidance from other supervisors.
Symphony taps Google for cloud, AI, data-sharing tools
By leveraging Google’s AI and data-sharing capabilities, Symphony is strengthening its ties with the tech giant, which is also an investor in the platform.
People Moves: BNY Mellon, BNP Paribas, Liquidnet, and more
A look at some of the key "people moves" from this week, including Winnie Chen (pictured), who joins BNY Mellon as APAC head of treasury services.
This Week: FactSet, Six, Nordic Capital, State Street, SmartStream, and more
A summary of some of the past week’s financial technology news.
Waters Rankings 2021: All the Winners and Why They Won
Here are all 35 category winners from this year's virtual Waters Rankings.
Goldman tackles climate risk controls
Lender joins other banks in translating physical and transition threats into controls framework
UBS AM builds model for quantifying greening of heavy industry
The asset manager's quant research arm, QED, has published a framework for valuing companies in industries like cement or steel that transition to more sustainable tech.
Accenture wins contract for Esma’s big data analytics project
The consultancy will provide on-demand tooling for analyzing data collected from Data Reporting Service Providers.
Banks and HFTs team up to solve exchange outage dilemma
There are hopes that a ‘gentlemen’s agreement’ between industry participants can break the first-mover disadvantage for liquidity providers.
SF quant firm uses 'nearest neighbor' machine learning for equities predictions
Creighton AI is using a regression-based approach to machine learning to help make predictions about the excess return of a stock relative to the market.
People Moves: NomadData, Credit Suisse, Saxo Bank, Broadridge, and more
A look at some of the key "people moves" from this week, including Justin Manikas (pictured), who has been appointed vice president of partnerships at Nomad Data.