Finbourne
Bond tape hopefuls size up commercial risks as FCA finalizes tender
Consolidated tape bidders say the UK regulator is set to imminently publish crucial final details around technical specifications and data licensing arrangements for the finished infrastructure.
This Week: Overbond, Northern Trust, FIS/Torstone, Trading Technologies, and more
A summary of the latest financial technology news.
One step forward, two steps back—European regulation grapples with the same old problems
Stop me if you've heard this one before...
This Week: SimCorp/Deutsche Boerse, Moody's, SS&C, and more
A summary of the latest financial technology news.
People Moves: Northern Trust, Finbourne, HKEx, Broadridge, and more
A look at the past month’s people moves within the tech and data space, including Benze Lam (pictured), who becomes Northern Trust’s Hong Kong head.
This Week: EU CT updates, OpenFin, DTCC/Nomura, TMX/Clearstream, and more
A summary of the latest financial technology news.
EU lawmakers struggle to find common ground on equities CT
The debate over a consolidated tape for European equities heated up when a second contender for the role of provider emerged during the EU’s trilogue process. But as the bloc’s three legislative bodies try to reach a compromise, commercial interests are…
This Week: Goldman, Cboe, Microsoft, others plan new blockchain network; LSEG/OpenFin & more
A summary of the latest financial technology news.
This Week: Esma, Crossover Markets, SteelEye and more
A summary of the latest financial technology news.
New chatbots reveal limitations of legacy API development
As large language models that underpin the likes of ChatGPT and Bard come to market, vendors and trading firms are starting to see the benefits—and challenges—that open APIs provide.
This Week: Opensee/Kepler Cheuvreux, Duco, Eurex/Trading Technologies & more.
A summary of the latest financial technology news.
After slow start, the ‘Big 3’ fixed-income consortium taps Finbourne as partner for CT bid
The Bloomberg, Tradeweb and MarketAxess consortium switched out its advisory firms at the end of last year to jumpstart its bid for the tape.
This Week: Finbourne, Eventus, Esprow & more
A summary of the latest financial technology news.
Consolidated tapes gain ground in 2022
Regulators in the US, UK, and EU moved to push forward market data efforts this year.
Banks express concern over top venues’ bid for EU consolidated tape
End-users are worried about the repercussions of handing over a data monopoly to the heavyweight operators in the fixed income space.
Bloomberg, MarketAxess, Tradeweb probe three tech partners for consolidated tape bid
Venue-led consortium plans to pick a winner before EU regulators begin tender process – anticipated in third or fourth quarter of 2023.
Will there ever be one TR to rule them all? No chance…
A wave of regulatory reviews is renewing interest in unified data repositories. But Josephine says a centralized utility for trade reporting is never going to happen.
This Week: DTCC, SEI, AirCarbon/Eventus and more
A summary of the latest financial technology news.
In finance, all APIs are not created equal
With the rise of APIs, it’s easier than ever for companies to position themselves as open to collaboration and eager to provide access, but some of these access points tell a different story under the hood.
Top three fixed income venues confirm bid to deliver EU consolidated tape for bonds
Bloomberg, MarketAxess and Tradeweb will join forces to create an independent company and will submit a request for information in search for a third-party vendor to partner with.
People Moves: ASX, Northern Trust, MSCI, Asifma, and more
A look at some of the key people moves from this week, including Jonathan Cross (pictured), who joins LiquidityBook as general manager for EMEA.