News
FactSet Embraces Web Technologies for Workstation
The research and data giant is using OpenFin to build out web capabilities for its Workstation platform.
BlackRock Onboards 8 Aladdin Clients Remotely
The asset management giant has turned to collaboration tools to help with client implementations during the pandemic lockdown.
This Week: ICE, Nasdaq/R3, BMLL/OpenFin, DASH
A summary of some of the past week’s financial technology news.
People Moves: Microsoft, Ownera, Cboe, Capitolis, Clearwater and ACA
A look at some of the key people moves from this week, including Tais O’Dwyer (pictured), who joins Microsoft.
Startup CommonPage Seeks $1.5M Funding to Grow Procurement Collaboration Platform
Though hindering its fundraising, the Covid-19 outbreak is contributing to a greater understanding and appreciation of its proposition, CommonPage CEO says.
NYSE Eyes 'Safe' NY Floor Reopening as Research Shows Value of Open Outcry
NYSE COO Michael Blaugrund looks ahead to a potential reopening of the exchange's iconic New York trading floor, and describes why NYSE believes it's appropriate to reopen the Arca Options floor earlier, and the role of DMMs in reducing volatility.
Banks Grapple with VPN Capacity Amid Covid-Induced Network Strain
Private network limitations and variable internet connectivity have challenged operational resiliency and business continuity plans.
UBS’s COO: 'Hybrid Pods' Accelerate Remote Working Solutions Amid Pandemic
Beatriz Martin says the bank has about 400 of these agile development teams—which were first rolled out last year—consisting of about 2,500 people across the organization.
Covid-19 Reveals Need for Better Comms Plug-Ins for Traders
Traders should have real-time voice modules in trading systems and the ability to add detailed notes to replicate trading floor experience.
Deutsche Bank Turns Attention to Production Engineering
DB's Stuart Gurr says past automation efforts have helped the bank weather the Covid outbreak, highlighting the need for further automation.
Goldman Sachs Revamps Virtualization Infrastructure
The investment bank is leveraging Red Hat's OpenShift technology to better manage its global footprint of virtual machines.
MT Newswires Eyes International Expansion for Pre-IPO & Small-Cap News
The newswire's latest service will focus on providing coverage of pre-IPO and small-cap listed stocks to increase their exposure to investors hungry for greater transparency into these market segments.
Charles River Pushes Ahead with Azure Cloud Migration
The vendor has, however, seen some clients pause their migration plans due to the Covid-19 outbreak.
To Tackle ‘Covid Economy,’ Facteus Adds Real-Time Consumer Spend Data to Revenue Predictor
When Facteus (then known as ARM Insight) designed Enlightmint prior to the coronavirus outbreak, it never envisaged that its target users would be interested in receiving data in real time.
Balyasny AM's CDO: Going Quantamental with Alternative Data
Carson Boneck shares his thoughts on Balyasny's efforts to marry the best of its fundamental and quant teams.
People Moves: Tradeweb, ICE, BTON Financial, OpenFin, JonesTrading and INDOS
A look at some of the key people moves from this week, including Drew Carey (pictured), who joins Tradeweb as new global head of market data sales.
Ion’s Wrists Slapped in Probe of Broadway Deal
The competition watchdog extends its initial investigation after Ion failed to comply with a call for info.
Buy Side Eyes Outsourced Trading Amid Covid Disruption
Pressure on trading continuity drives in-house desks to look outwards
This Week: IBM/Fenergo; BNP Paribas/BlackRock; SmartStream; Acquis/Big XYT & More
A summary of some of the past week’s financial technology news.
Covid-19 Piles Pressure on Fund Accounting
Fund administrators are dealing with unprecedented volumes of pricing information and exceptions.
Combating Covid: Fintech, Data Industry Bodies Deploy Anti-Coronavirus Measures
WatersTechnology summarizes how fintech and data trade bodies are responding to the Coronavirus pandemic on behalf of their members.
Morgan Stanley's Katherine Wetmur on Tech Investment, Covid-19 Response
As 'years' of tech investment pays off amid the coronavirus pandemic, Morgan Stanley eyes tools that can help it identify business process efficiencies.
Torstone to Integrate Risk Calculations into Inferno
The vendor will add trading position flow and risk calculations to the platform this year, as it continues to integrate functions from recent acquisition Percentile.
West Highland, VendEx CEOs: Partnership Will Expand Services Available to Clients
Partnering will allow the vendors to leverage synergies that will benefit both companies and their clients, officials say.