RBS to Centralize Ref Data with SmartCo

It plans to use the platform, called SmartCo DataHub, to centralize and manage securities reference data and end-of-day prices for all divisions. The initative is aimed at helping RBS reduce ref data consumption, improve data quality and straight-through processing. The actual implementation took 16 weeks. The first part of the project was focused on fixed-income instruments, and this is the area where the system is now live.

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‘Feature, not a bug’: Bloomberg makes the case for Figi

Bloomberg created the Figi identifier, but ceded all its rights to the Object Management Group 10 years ago. Here, Bloomberg’s Richard Robinson and Steve Meizanis write to dispel what they believe to be misconceptions about Figi and the FDTA.

Where have all the exchange platform providers gone?

The IMD Wrap: Running an exchange is a profitable business. The margins on market data sales alone can be staggering. And since every exchange needs a reliable and efficient exchange technology stack, Max asks why more vendors aren’t diving into this space.

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