News
HKEx Eyes Event-Driven Architecture
The exchange is currently working on building its enterprise data bus, for better internal data management.
Morningstar Wades Further into ESG Space with Sustainalytics Acquisition
The ESG data space has seen a fair amount of M&A activity in recent years, and that is likely to continue, sources say.
Nasdaq Taps AWS for Market Data Cloud
The initiative will make all of Nasdaq's market data available to potential clients via APIs in Amazon Web Services' cloud, as an alternative to its traditional feed and file delivery options.
JP Morgan Investment Insulates Limeglass Start-Up Amid Coronavirus
The research start-up is growing its team and is in discussions with clients, despite Covid-19 disruption, after the bank acquired a stake.
Bloomberg to Offer Next-Gen Risk Models to Enterprise, Terminal Clients
In addition to consolidating the Port risk models for terminal users and enterprise clients, the data vendor is looking to use advanced risk models to create better hedging strategies for equities.
SEC Issues Another CAT Reprieve as Monday’s Milestone Passes Quietly
While the CAT is now live, few—if any—are reporting. Additionally, there are still concerns among large broker-dealers about the CAT Reporter Agreement.
Symphony Hires Brad Levy as Chief Revenue Officer, Plans Second Meetings Launch
The former MarkitSERV CEO joins Symphony as the collaboration platform vendor prepares to release a new videoconferencing service by the end of June 2020.
MEMX Postpones Launch Due to Coronavirus
CEO Jonathan Kellner announced on April 17 that the exchange would have to push back its official launch date, as well as delay platform testing and member certification until later this year.
Nasdaq, Cboe Fix Feeds Hit by Options Overload
Recent market volatility overwhelmed the Nasdaq BX and Cboe market depth feeds with so much activity that the exchanges did not have enough physical numbers to accurately represent it.
This Week: State Street/Microsoft; Refinitiv/Global Relay; SimCorp/Anima; TSE & More
A summary of some of the past week's financial technology news.
How Sarson Strover’s Outsourcing Policy Averted Virus Disruption
The newly fledged UK hedge fund has outsourced its portfolio management tech and operations to third parties, a move that has helped it through the coronavirus pandemic.
Symphony Unveils Secure Videoconferencing for Financial Services
Officials say Symphony's offering addresses the security and compliance shortfalls of other videoconferencing platforms being used in the absence of face-to-face meetings.
Wall Street Horizon Adds Impact Measures to Earnings Dates
The vendor's Datebreaks dataset now provides measures of the standard deviation of an event change versus a company's historical pattern of scheduling earnings dates.
CloudMargin Makes Key Hires Despite Coronavirus Uncertainty
The London-based collateral management solutions provider says expansion is a strategic business decision.
Gresham Technologies Expands Use of RPA for Reconciliations
The vendor's CTO says automation capabilities embedded within the company's Clareti platform can help with repetitive tasks.
Tellimer Group Launches New Insights Platform
The platform will use natural language processing to deliver curated research from analysts covering emerging markets.
Bloomberg Enhances Mapping Tool to Track Covid-19 Impact
The data giant is releasing regional features and functionality to more closely monitor the coronavirus across companies and sectors.
People Moves: IBM Cloud, CoinShares & Seaborn Networks
This week's key people moves include former BofA CTO Howard Boville (pictured), who joins IBM Cloud as senior vice president.
Itiviti Aims to Speed Up Bloomberg SSEOMS Migration Process
The vendor expects to have the first migration projects, which were signed in the third and fourth quarters of 2019, completed by the third quarter of this year.
This Week: LSEG Technology; SIX/Nasdaq; FTSE Russell/JSE; & More
A summary of some of the past week's financial technology news.
Morgan Stanley’s AlphaWise Uses Alt Data to Track Coronavirus
The bank’s research business is using artificial intelligence, traditional consumer surveys, and visualization techniques to monitor the impact of Covid-19.
TP Icap Debuts Next-Gen Feed to Support Data Expansion
The new feed will provide the framework to support new data types that the broker plans to make available later this year.
State Street Incorporates Charles River into Outsourced Trading Service
State Street will also integrate BestX equity TCA into its outsourced trading desk.
Citco Migrates Accounting Platform Clients to AWS
The firm plans to complete the migration by the end of summer, as it learns from prior rebuilds.