News
This Week: OpenFin rebrands as Here; new US stock exchange; Tradeweb; Snowflake & more
A summary of the latest financial technology news.
Banks, vendors mine AI for corporate FX hedging
New machine learning algos can help corporate clients adjust hedging ratios, but tech’s effectiveness is limited by data quality, experts caution
As legal letters fly, Cusip licensing debate rolls on
Cusip Global Services’ licensing agreements with third-party data providers sit at the heart of the antitrust case against itself and three others.
Start-up FinChat aims to disrupt research space using GenAI
Since launching amid the GenAI mania last spring, FinChat has been buoyed by its use of AI in sourcing its data.
GoldenSource joins Snowflake’s native app ecosystem with Omni
The enterprise data management platform is teaming up with the data cloud provider to streamline data integration for the buy side, adding to its expanding library of native applications.
People Moves: IPC, State Street, Finra and more
A look at the past month’s people moves in the capital markets technology and data space.
The evolution of Genesis: vendor charts future course with latest release
The low-code provider is rolling out a new pricing model, sandbox offering, and tools to help get the product in the hands of end-users more easily.
This Week: Nasdaq/FIA Tech, DTCC, Acadia, and more
A summary of the latest financial technology news.
Lightning strikes: Options boom threatens data overload
Concerns over creaking infrastructure in US options markets are fueling talk of measures to limit the exponential amount of data being generated.
Capital markets firms wary of cloud overspend
Data architects highlight cost concerns as more and more institutions look to use the cloud for data storage and management.
This Week: ION/LuxSE, BNY Mellon, Nasdaq, and more
A summary of the latest financial technology news.
Nasdaq to market new options strike listing tech to other exchanges
The exchange operator is experimenting with emerging technologies to determine which options strike prices belong in a crowded market, with hopes to sell the tech to its peers.
IMD & IRD Awards 2024: All the winners and why they won
Here are the 28 category winners of this year's Inside Market Data & Inside Reference Data Awards, announced on the evening of May 16 at a reception following this year's North American Financial Information Summit in New York.
This Week: First Trust/Bloomberg/New Constructs, Cboe/Metaurus, LTX/MultiLynq, and more
A summary of the latest financial technology news.
MarketAxess builds strategy around X-Pro
MarketAxess profits were down in Q1, but revenues were up and automation volume hit a record $94 billion.
Canada’s triparty repo launch aims to fill C$60bn void
Test trades on TMX/Clearstream platform represent “quantum leap” for creaking funding markets.
People Moves: NorQuant, Tradition, Duco, HKEx, SimCorp, Hazeltree, Xceptor, Broadridge, and more
A look at the past month’s people moves in the capital markets technology and data space.
Ice moves to meet demand for greater cloud, AI capabilities
The exchange also outlined competitive advantages behind managing its data and cloud strategy internally during its Q1 earnings call on Thursday.
Northern Trust building internal cloud data ‘marketplace’
Using a mix of in-house expertise and third-party technologies, the firm has constructed a cloud-based data mesh that gives internal staff access to proprietary datasets and analytical tools to deliver greater insights into client activity.
Bank-led consortium takes aim at position reporting
Five banks, including Barclays, BNP Paribas, Goldman Sachs and HSBC, have joined forces to mitigate interpretation and implementation errors in position reporting disclosures.
FactSet looks to build on portfolio commentary with AI
Its new solution will allow users to write attribution summaries more quickly and adds to its goal of further accelerating discoverability, automation, and innovation.
This Week: BBH, AllianceBernstein add data solutions, Deutsche Börse-Nodal Exchange, and more
A summary of some of the latest financial technology news.