News
IBM Buys Armanta to Bolster Financial Risk Offering
Armanta will be deployed within IBM’s Watson Financial Services’ financial risk unit, which grew out of the tech giant’s acquisition of Algorithmics.
Eze Achieves Single-Platform Goal with Investment Suite Release
Execution, order, portfolio management and accounting systems now available individually or as one offering.
Neudata Hires Big Data Expert Webster as SVP
Officials say Webster will be responsible for adding alternative data providers to Neudata’s network.
SS&C Flirts with Further Acquisitions after Fidessa
SS&C CEO Bill Stone said that the company is flush with cash after the failed Fidessa bid and will look to use it to continue its acquisition spree.
Ex-Credit Suisse Banker Siegel Takes Reins at Lux FTS
The appointment of former Credit Suisse prime consulting exec Siegel as CEO follows a $6 million investment by Credit Suisse Asset Management's private equity arm last year.
Activ Financial Joins BT Radianz Cloud
Vendor aims to accelerate growth and expand its client footprint using cloud services.
Schroders Turns to Commcise for Mifid II Research
Platform gives greater transparency for compliance with unbundling requirements under European rules.
Liquidnet Adds Enhancements to Algo Suite
New algorithms let traders seek out additional block liquidity.
LEI Uptake Still Brisk Post-Mifid II Deadline
The lead-up to Mifid II led to a huge jump in Legal Entity Identifiers issued, and LEI uptake continues to break records through Q1 2018.
Cboe Bolsters Market Data Sales Team with Two Hires
Cboe hires Richard Barden and Stephen Dorrian to shore up market data sales in London.
Fenergo Adds Coughlan, Raises Watson for Sales, Marketing Drive
The pair have significant sales and marketing experience in the financial services sector, which officials expect to help Fenergo accelerate its growth trajectory.
Aussie Blockchain Hedge Fund Eyes Start in Coming Months
First Digital Capital, whose investments will be focused solely on the blockchain economy, is currently assembling its management team.
Half of Investment Firms Won’t Be Ready for GDPR
Survey finds over 50 percent of investment firms are unprepared for GDPR’s May 25 deadline, but financial services is still ahead of the game compared with other sectors.
Deutsche Bank ‘Data Innovation Group’ Unveils First Data Tool
The first tool from Deutsche Bank’s Data Innovation Group analyzes companies’ values based on ESG and other factors, and public perception of a company’s ESG efforts.
RTS 28 Data Requirements ‘Misleading, Confusing’
Mifid II’s RTS 28 reporting requirements require data that may be of little value, or worse, could be misleading.
Encompass, Nikkei MM Ally for Japanese KYC Compliance
Users will have access to news and corporate data from Nikkei MM for KYC and AML compliance, and the ability to monitor their exposure to entities or individuals linked to the Yakuza.
Quandl Launches Corporate Jet Dataset for Predicting M&A Activity
Officials say the dataset of corporate flights provides an indicator of upcoming corporate activity thta could potentially impact a company's stock price.
Hong Kong Regulators Propose LEI Mandate
HKMA and SFC would stagger the implementation dates for different reporting entities.
Exchange Execs Cast Doubt on Mifid II's Best-Ex Reports
Experts warn venue reports will be unreliable and effectively bereft of value for investors.
JPMorgan to Invest in AI, Tackle Privacy Concerns
Global investment bank says that transparency is key to instilling trust in use of AI.
Colt Taps NPL for Co-Lo Data, Trade Timing Info
The NPL timing data will help firms address regulatory time-synchronization requirements and competitive needs to avoid timing signal interference.
Metamako Buys xCelor’s Hardware Ops to Grow Switch Business
Officials say the deal will allow xCelor to focus on its network applications business, while Metamako will take over the provision of underlying switching technology, expanding its own FPGA switch business. Wei-Shen Wong reports.
SocGen Taps Big XYT for Liquidity Analytics
The bank will use Big XYT's Liquidity Cockpit platform to provide deeper insight into the European equities liquidity landscape.
Encompass Partners with Wisers for Asia KYC Data
Local regulators encourage use of technology to streamline KYC and regulatory compliance.