News
US competing consolidators grapple with pricing uncertainty as SEC, exchanges battle over new Sip regime
Vendors who want to provide consolidated market data under the SEC’s new system can’t make plans until they know how they are going to be charged for market data. But the fee schedules are mired in legal action and confusion.
Jumping ship: Concerns raised over LSEG’s 2022 Docklands datacenter move
The project comes at a time when Euronext is considering a datacenter move, and sources speculate that Six might also be another candidate to migrate. Market participants are split on the news of the LSEG migration, with some calling it “frustrating,”…
Funds breathe out as EU regulators ease ESG data rules
Majority of mandatory indicators become optional in final draft of sustainability regulation
People Moves: Alpima, Santander UK, Tradeweb, SS&C, SmartStream, Numerix, and more
A look at some of the key "people moves" from this week, including Karen Tierney (pictured), who joins Alpima as chief product officer.
‘Concentration’ and ease will determine winners and losers in changing news industry
Customized content and its ability to be integrated easily will be key factors for news providers—old and new—in creating value for financial consumers.
This Week: State Street, Macrobond, Enfusion, and more
A summary of some of the past week's financial technology news.
Deutsche Börse eyes quantum computing
The exchange’s pilot application to model enterprise risks cuts computation time from 10 years to 30 minutes.
People Moves: Acadian Asset Management, TraditionDATA, West Highland, FMSB, and more
A look at some of the key "people moves" from this week, including Andy Moniz (pictured), who has been appointed director of responsible investing at Acadian Asset Management.
Women in Technology & Data Awards 2021: All the winners and why they won
Here are the 34 category winners from the 2021 Women in Technology & Data Awards, the first virtual edition of these awards.
This Week: Two Sigma/Northern Trust, NeoXam/Richelieu Gestion, and more
A summary of some of the past week's financial technology news.
Blockchain ‘track-and-trace’ tech could tackle data compliance, audit exposure, experts say
Startup DLT provider TradeX proposes using blockchain's immutable ledger as an indisputable record of market data entitlements and consumption, to reduce licensing disputes.
Broadridge’s LTX bond trading platform faces uphill battle
Entering a saturated market of electronic trading technology this summer, the new AI-powered platform must clear several hurdles before it can declare success.
TRG Screen acquires Jordan & Jordan’s market data compliance & reporting unit
TRG will combine J&J's six-year-old MDR managed service for data reporting with its own similar ADS declarations service.
Funds urged to scrutinize outsourcing models to reduce data leakage
Asset managers can choose from a range of trade-outsourcing models, but some traders say certain providers’ data-sharing techniques carry greater risk of information leakage.
People Moves: HANetf, Broadridge, Liquidnet, big xyt, and more
A look at some of the key "people moves" from this week, including Manooj Mistry (pictured), who has been appointed chief operating officer at HANetf.
This Week: DTCC, SIX-Orenda, Neuravest, Overbond, Quod, and more
A summary of some of the past week’s financial technology news.
Bloomberg RHub fee hike reflects cost pressures of regulatory reporting industry
Market participants say the price hikes reflect the struggle among regulatory reporting service providers to run sustainable and profitable businesses.
The curious case of Larry Fondren and DelphX
After a decade with DelphX Capital Markets, the company’s founder and executive chairman was unceremoniously fired “for cause” earlier this month. He still isn’t sure why.
Esma: Both OTC identifiers will not be required in Emir reporting
Market participants will not have to use both the UPI and the Isin in their submissions to trade repositories, policy officer says.
Has Covid stopped the clocks on FX timestamp efforts?
Budget reallocation may not be the only factor stalling standardization progress, say market participants.
SEC attorney defends personal information in the Cat
Regulators will need biographical information to get the most out of the Consolidated Audit Trail, advisor said, as broker-dealers and exchanges argue over liability for breaches.
People Moves: TP Icap, Euronext, BNP Paribas, Trading Technologies, BestEx, Planixs
A look at some of the key "people moves" from this week, including Andrew Polydor (pictured), who has been appointed head of global markets at TP Icap.
This Week: Refinitiv, State Street, FlexTrade, FactSet/Microsoft, Cboe, and more
A summary of some of the past week’s financial technology news.
Algorithmics charts new course in year-plus after SS&C acquisition
After eight years with IBM, Algorithmics has grown its staff significantly in the year since SS&C bought the risk analytics provider. The vendor is now taking aim at tapping into SS&C’s roster of buy-side users by embedding with the likes of Advent and…