News
FIS to Double Down on RegTech and Multi-Asset Coverage
The company's Investment Operations Suite for asset managers is adapting to regulation and changing investment strategies alongside clients.
TRG Screen Buys Partner MDI to Boost Managed Data Services
The deal will allow MDI to provide other TRG offerings as fully managed services, and to benefit from being part of a larger company.
Man and Machine Need Each Other – Systematica CEO
“The errors made by humans and robots are different,” says Leda Braga
Xceptor Lasers in on ML and NLP
The vendor is also considering including deep learning capabilities to the platform.
People Moves: Archax, Broadridge, FCA, Qontigo, and TruNarrative
A look at some of the key "people moves" from the past week.
This Week: Bloomberg/Goldman; IHS Markit/MSCI; TP Icap; and more
A summary of some of the past week's financial technology news.
Vendors Feel Heat as Regulators Pile Pressure on Third-Party Resiliency
UK regulators have proposed new laws to clamp down on operational resilience and third-party risk, pushing fintechs to put some skin in the game.
Velocimetrics Looks to Add Functionality to Performance Analysis Solution
Network traffic capture and analytics integration to allow traders to have a forensic record of transaction lifecycles and do real-time monitoring.
Screen Founders Leave TRG, Set up Data Recruitment Firm
Brooimans and Fruitema will focus on helping financial firms in Europe to find experienced data professionals.
Google Exec: Regulators Insisting on Multi-Cloud for Financial Firms
As regulators fear vendor lock-in and concentration among cloud providers, Google Cloud pushes its Anthos platform.
Cboe Buys Hanweck and FT Options in Dual Acquisition
The exchange group has made a strategic double buy hoping to boost capacity in solving portfolio and balance sheet risk for clients.
Rimes Wards off Sale Speculation with Investment from EQT
A sale was originally reported, but this PE investment will allow the firm to grow its ESG, ETF offering while considering a sale at a later time.
S&P to Unveil New Data Platform, New Data Capabilities
S&P Global Market Intelligence will offer clients new alt datasets from in-house and third parties to be used in conjunction with increased analytics offerings.
CAT Seeks Approval to Mask Personal Data
The CAT is required to gather personal information, but the CAT NMS committee wants to use a masking method for security.
People Moves: Liquidnet; Broadridge, dv01, Cutter & more.
A look at some of the key people moves from the past week, including Vicky Sanders (pictured).
TRG Screen Integrates PEAR Policy Database After Axon Acquisition
The integration of PEAR, acquired last year, is a further step towards integrating the vendor's key data inventory management platforms, FITS and InfoMatch.
Illuminate Rounds Out Baton Systems Funding with $4m Investment
This is the first investment Illuminate has made in a company offering DLT-based tech.
Itiviti Automates FIX Connectivity Ahead of Possible "Connectivity Crunch"
The Swedish tech vendor is hoping to capitalize on disruption in the OMS space by offering an automated solution for migrating FIX rules and for FIX certification.
DNB Bank Advances on 3-Year Big Data, Data Science Initiative
The bank is rounding out the second year in its three-year plan, which includes more than 100 new data roles.
HSBC Securities Arm ‘Strangles’ Legacy Tech with API Wrapper
The securities services business has embarked on an API strategy to offload its legacy tech and produce better connected products.
Interactive Brokers Creates Vendor Arm to Consolidate Data Ops
The creation of GFIS is the culmination of a three-year plan to consolidate and improve how the broker managed hundreds of data sources.
ARM Insight Preps Revenue Data Predictor for the Buy Side
The vendor believes its planned dashboard of synthetic consumer spend data will help a wider audience on the buy side exploit predictive company revenue data.
Nomura’s Head of Digital Warns of AI’s Predictive Limitations
The investment bank’s deputy chief digital officer says machines cannot predict markets, as the bank consolidates trading operations and builds an AI trading platform for fixed income and FX.
People Moves: SEC, FCA, FDIC, Frankfurt Stock Exchange and Transcend
A look at some of the key people moves from the past week, including major roles at regulators.