News
Confluence to Seek Acquisitions Following Majority Investment
TA Associates’ majority investment deal with Confluence includes a push toward inorganic growth.
Brown Brothers Harriman Releases Secondary-NAV Tool for Administrator Oversight
The firm has bolstered its middle-office outsourcing tools with the release of InfoNAV and aims to include AI features in the future.
MarketAxess Banks on Asian Electronic Markets with BlackRock Partnership
Partnership with BlackRock will allow Aladdin client community to access new sources of liquidity in Asian credit markets.
Northern Trust Enables Audit Access for Private Equity Blockchain
The enhancement aims to enable real-time auditing of private equity firms and add transparency into the process.
Bruenjes to Head Smartkarma’s New Frankfurt Office
In this expansion of his current role, Bruenjes will continue the vendor's efforts to grow its client base in the region while expanding its network of research partners.
Duco Taps Trostinsky to Oversee Hybrid SaaS Software
Duco’s new hire Julian Trostinsky will take ownership of Hybrid SaaS and oversee the newest edition of Duco Cube.
Eurex Glitch Delays Deutsche Börse Trading
Technical problems with Eurex’s T7 system delayed trading on the day of a big listing for Deutsche Börse.
The Big Shorts: How Buy-Side Stock Holdings Disclosures Reveal Firms’ Short Sale Strategies
With short trading activity frequently accounting for more than 50 percent of a stock’s total traded volume, according to Finra, and some “spectacular” short trades recorded in the past year, short sales can be both profitable and risky. Max Bowie…
FIX Releases New Technical Proposal for Orchestra System
FIX hopes more firms adopt its Orchestra system in a bid to improve operational efficiency of the protocol.
Morningstar Chronicles AI Quest to Replicate Analyst Ratings
With the fund industry growing at exponential rates, Morningstar turned to disruptive technologies to keep pace and ensure it could deliver sufficient coverage without compromising the processes used by its human analysts. Max Bowie chronicles the five…
Bitfinex Bolsters Surveillance Capabilities with Irisium Platform
Irisium Surveillance will help the bitcoin exchange to better monitor for volume manipulation, wash-trading and fake liquidity.
Rimes Taps Markit’s Scott to Head EMEA, Asia Sales
Scott has 20 years of industry experience, starting at middleware vendors and most recently in EDM sales at IHS Markit.
Neptune Networks Looks to Expand into MBS/ABS in the US
The bond market utility now has 24 banks fully live on the platform with another two set to go live by early Q2.
For Central Banks, Digital Currency Risks May Outweigh Benefits
CPMI's report says existing technology is sufficient at present to deliver the benefits of digital currencies, without introducing new risks.
YCharts Adds Crypto Data to Analysis Platform
YCharts is the latest vendor to wade into provision of cryptocurrency data, noting the challenges of cryptocurrencies' lack of fundamental data.
Barchart Names former GlobalView, FutureSource Exec Harrison CTO
Harrison has 25 years of experience in technology leadership roles in the market data and startup industries.
Thomson Reuters, MarketPsych Unveil Sentiment Index Update, Adding Bitcoin Data
The vendors are monitoring additional sources of news and social media specific to cryptocurrencies.
Nasdaq, Sina Hail Data Deal as Step Towards Globalization of Chinese Investor Portfolios
Nasdaq looks to broaden distribution in China via Sina, then replicate the partnership in other Asia-Pacific markets.
Banks and Buy Side Ally for Desktop App Interoperability
Led by OpenFin, FDC3—which includes the likes of RBC, JPMorgan, AllianceBernstein, Citadel and Barclays—aims to create a common language for desktop app interoperability.
Women in Technology and Data Awards 2018 – All the Winners
The winners of the 24 categories making up this year's Women in Technology and Data Awards were announced on Friday March 9 at a luncheon in London.
QuasarDB Taps Tech Sales Vet Jones for EMEA BizDev
Jones has more then 30 years of experience in technology sales and product management roles in Europe and the US.
Publicis.Sapient Adds NPL Support to European DataWarehouse
Publicis.Sapient’s latest additions to the European DataWarehouse support EBA-mandated data templates for non-performing loans, making the asset class more transparent and accessible.
Finastra and Microsoft Partner for Cloud Platform
Finastra will host its applications in its cloud platform, FusionFabric.cloud, hosted by Microsoft Azure.
GTCR Agrees to Sale of Dash Financial
Flexpoint Ford is backing a management buyout of Dash Financial Technologies from private-equity firm GTCR.