This Week: EU CT updates, OpenFin, DTCC/Nomura, TMX/Clearstream, and more

A summary of the latest financial technology news.

Bloomberg, MarketAxess and Tradeweb establish independent company for EU CT efforts; Finbourne’s Ryan to lead

Bloomberg, MarketAxess, and Tradeweb announced this week that they have signed a joint venture agreement to establish an independent company for the purpose of participating in the public procurement procedure to become the fixed-income consolidated tape provider (CTP) in the EU.

Neil Ryan has been selected to lead the CTP initiative. He has served over 30 years in various senior

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Banks seemingly build more than buy, but why?

Waters Wrap: A new report states that banks are increasingly enticed by the idea of building systems in-house, versus being locked into a long-term vendor contract. Anthony explores the reason for this shift.

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