News
Bank-backed futures utility criticized as too ambitious
Osttra’s Joanna Davies is urging industry leaders to look for “quick wins”.
Tradeweb adds ‘in-flight’ controls for European credit to AiEX
Users of the trading tool can now isolate and manage trade exceptions in real time.
BlackRock to grant funds power to track climate risks
The Aladdin platform, which holds trillions of dollars, aims to show whether funds are burning the Earth or saving it.
This Week: Turquoise, OpenFin & FlexTrade; Anna, FTSE Russell, and more
A summary of some of the past week’s financial technology news.
Broadridge data ontology aims to simplify multi-asset trade data
The tech provider is using the ontology internally to integrate multiple systems and sees prospects for wider industry adoption.
SimCorp takes ‘Aim’ at EDM space with DataCare rollout
Since launching DataCare in April 2020, the vendor has signed up eight clients, including Zurich Group Investment Management.
Companies race to tackle widening cybersecurity talent gap
More realistic job requirements and in-house training programs could boost recruitment in face of increased cyber threats
People Moves: Canoe Intelligence, Transcend, Clear Street, Gresham Technologies, and more
A look at some of the key "people moves" from this week, including Vishal Saxena (pictured), who joins Canoe Intelligence as chief technology officer.
Bank consortium led by SocGen seeks to cure post-trade data ills
Project led by Societe Generale that uses privacy-enhancing technologies to solve data management issues hopes to sign up five banks and launch as a legal entity.
Google-Greenwich: Financial firms agree on cloud's ubiquity, but vary widely on use cases
New research highlights predicted growth areas for cloud computing—and the tools it enables, such as AI and machine learning—in the capital markets. Spoiler alert: Google says cloud is becoming as ubiquitous as the search giant itself.
This Week: Macrobond/FactSet, Tradweb, Bloomberg, DTCC, and more
A summary of some of the past week’s financial technology news.
APG hires in-house weatherman to interpret climate data
Europe’s wettest summer in a century has prompted asset managers to calculate flood risk for real estate.
After lengthy fight, Bloomberg’s Figi recognized as official US data standard
The Figi is free to use, and becomes the second reference data standard alongside Cusip, authorized for financial instrument identification by the American National Standards Institute.
People Moves: WFE, MSCI, Broadway Technology, Tora and more
A look at some of the key "people moves" from this week, including Ed Tilly (pictured), who has been appointed chairman of the World Federation of Exchanges.
Sell side pushing for bilateral connectivity for fixed income
Fixed-income liquidity providers, battling tighter margins, want to execute directly with clients, but are buy-side and tech firms willing to absorb the connectivity costs?
This Week: S&P Global Market Intelligence, SimCorp, SS&C, Six, and more
A summary of some of the past week's financial technology news.
Ion expands into OTC markets with Clarus deal
With the deal, the tech titan adds real-time swaps margin analytics to its post-trade services for listed derivatives.
People Moves: SunTec, Broadridge, HKEX, Northern Trust, and more
A look at some of the key "people moves" from the past week, including Leon Stavrou (pictured), who's been promoted to head of business in Australia and New Zealand at Northern Trust.
IHS Markit plans ‘low-code, no-code’ configuration for EDM platform
The vendor is working on a drag-and-drop feature as part of a wider shift towards a low-code or no-code configuration environment.
This Week: CME/IHS Markit, Bloomberg, OpenExchange, Equinix, and more
A summary of some of the past week’s financial technology news.
People Moves: FactSet, AFMA, Finos, Tradeweb and more
A look at some of the key "people moves" from this week, including Linda Huber (pictured), who joins FactSet as chief financial officer.
Six corporate actions prototype aims to slash data delivery time
If the prototype is put into production, delivery of corporate actions data for dividends could be reduced from up to 24 hours to 15 to 30 minutes.
Two Sigma building quant tools to hunt real estate bargains
The information-rich market offers “trillions of dollars of opportunity”, says the firm’s data chief.
FactSet, Microsoft collaborate on voice-activated analytics
The data vendor has deployed machine learning across its ETF and fund screening datasets, and plans to interoperate with other big tech firms in the future.