Benchmarking: As firms automate regulatory reporting, a key BCBS 239 requirement is falling behind, raising questions about how much lineage banks really need.
The Waters Cooler: STG carves out S&P Global’s data businesses, Arcesium expands in Hong Kong, and Rimes partners with three vendors in this week’s news roundup.
The Canadian bank’s complex execution algorithm, increasingly popular with traders stateside, is making landfall in Europe. But the region’s fragmented markets mean adoption is not simply a matter of plug-and-play.
Intense relationship building, lack of data standards, and murky but improving market structure all await tech firms hoping to capitalize on the region’s growth.