News
Asset managers look to raw NGO data for ESG insights
Data from non-profits can be combined with ESG ratings for more bespoke investment insight, investment professionals say.
This Week: JP Morgan, Deutsche Börse, Refinitiv, and more
A summary of some of the past week’s financial technology news.
Vendors add surveillance support for WhatsApp alternatives
Concerns about data leakage have driven some users to rival privacy-focused messaging apps like Telegram and Signal, as WhatsApp policy changes come into force on May 15.
Financial institutions battle cyber threat info overload
Cyber threat intelligence is crucial for the defense of an organization’s network, but financial firms have to figure out how to make sense of all the data first.
People Moves: HSBC/Solidatus, AWS, West Highland, CloudMargin, and more
A look at some of the key people moves from this week, including Lorraine Waters (pictured), who joins Solidatus as chief data officer.
Esma: Firms struggled with trade data porting after CME wind-down
The EU regulator had to coordinate efforts with local NCAs to clamp down on failures made by counterparties to meet Emir guidelines for porting data.
This Week: ICE, IHS Markit, Commerzbank/Deutsche Börse, TNS & more
A summary of some of the past week’s financial technology news.
JP Morgan: New LEI scheme could make codes cheaper
The bank is offering identifiers for free to customers under a new scheme it hopes will drive down costs for entities wanting to sign up.
Avelacom buys Brazilian infrastructure specialist to accelerate LatAm expansion
Network provider says the deal arms it to operate in uniquely nuanced regional markets.
OpenFin outgrows container tech origins with Workspace UI launch
New interface will standardize notifications, user interactions and content presentation.
SEC overstepping authority in NMS plan, Nasdaq claims in court
Nasdaq's counsel argued that the regulator does not have the power to give more votes to non-exchange organizations in the Sips' operating committees.
People Moves: HSBC AM, Trumid, SIX, and more
A look at some of the key "people moves" from this week, including Paul Griffiths (pictured) who has been appointed global head of institutional business at HSBC Asset Management.
This Week: Deutsche Boerse, HSBC, S&P Global, Linedata, FlexTrade/QuantFeed & more
A summary of some of the past week’s financial technology news.
Money.Net files Chapter 7 bankruptcy amid lawsuit
Despite a series of ambitious content expansion projects and senior hires, the low-cost vendor failed to win over institutional clients.
BNP Paribas AM turns to machine learning for carbon emissions
The asset manager is using machine learning to estimate carbon footprints for companies that do not report emissions.
Symphony suspends Sparc pending registration talks with CFTC
The comms provider may have to register its RFQ workflow and messaging tool as a Sef, or perhaps permanently shut down the business line.
Bloomberg’s new data retention policy vexes buy-side firms
Impacted users will have to pay extra costs to retain communications data for longer than two years.
People Moves: Symphony, BMLL, HKEX, CloudMargin, Tora, Baton, and more
A look at some of the key people moves from this week, including Brad Levy (pictured), who will take the reins at communications platform Symphony in June, after joining the vendor in July last year.
This Week: TP Icap, Confluence, Bloomberg, Iress-Cosaic, Tradeweb, SmartStream, and more
A summary of some of the past week’s financial technology news
Banks, asset managers weigh trade-offs in third-party tools for machine learning
Although many banks and asset managers still prefer to build models in-house, off-the-shelf products are maturing.
Small alt data providers feel pressure to specialize
GTCOM-US, once a bespoke alt data shop for the buy side, has narrowed its offering to focus on Chinese datasets as the largest alt data players get even bigger.
‘Crypto Dad’ Giancarlo says DLT could have aided in Archegos
The former CFTC chair says managing collateral by using distributed ledger technology would enable the better oversight of risks.
BMLL partners with quants for HFT regulation
Researchers from a Paris university are using the provider’s data and coding environment to build models for more efficient regulatory approaches.
People Moves: Nomura; Goldman Sachs/Talos; Rathbone Brothers; and More
A look at some of the key people moves from this week, including Sameer Jain (pictured), who has been appointed to oversee Nomura’s IT and operations for its global wholesale business.