Europe
Waters Wrap: The Race to the Cloud (And More on Name Changes, Reg Reporting, & Covid Data)
Anthony Malakian examines how firms are racing to the cloud to roll out new market data services. He also looks at ChartIQ's name change, the regulatory reporting space, and Lazard's Covid-19 data rollout.
This Week: Trading Technologies, Deutsche Borse, SS&C-Canoe, TNS, Clearstream-LCH, S&P, Refinitiv, Sterling TT
A summary of some of the past week’s financial technology news.
SocGen’s Digitized Bond Passes Settlement Test
Banque de France-backed deal pips private consortiums in dummy run for digital currency trades.
SteelEye to Hire CME Reg Reporting Talent
While many firms have enforced hiring freezes during the pandemic, the regulatory reporting vendor has plans to aggressively grow its staff count.
UK Watchdog Has Competition Concerns Over Ion-Broadway Deal
The trading tech giant has five days to address issues, or face a months-long investigation.
IPC Plans New Remote-Trading Tools
Due to more people working remotely, the vendor plans to roll out a new tool for users to optimize performance and bandwidth, and will upgrade its Unigy Pulse and IQ/MAX Omni platforms.
People Moves: Eurex, BNP Paribas, ClauseMatch, Capitolis, Gleif, BTIG, Asset Control
A look at some of the key "people moves" from this week, including Michael Peters (pictured) who has been appointed CEO at Eurex Frankfurt.
Delta Capita to Add Tax and Reg Reporting to New CLM Platform
The managed services and consulting firm will look to roll out these new components to its CLM platform in August.
CME Reg Reporting Competitors Vie to Fill the Void Ahead of Withdrawal
With over five months to go until CME unwinds its regulatory reporting businesses, competing firms are pushing to fill the service gaps and grab a slice of the market share.
Northern Trust to Add Options and Derivatives Outsourced Trading Capabilities
The custodian bank will receive and transmit European listed options and derivatives orders from buy-side clients.
People Moves: Google Cloud, FCA, TP Icap, FMSB, Compliance.ai
A look at some of the key "people moves" from this week, including Yolande Piazza (pictured) who has been appointed vice president at Google Cloud.
CLS Looks for Value in Discarded Data
The FX settlement specialist's information services arm is harvesting years of abandoned data for new projects.
Liquidnet Pilots New Analytics Platforms After Acquisitions
The company's Investment Analytics unit is the combination of OTAS, Prattle, and RSRCHXchange deals.
Broker Tradition Increases Data Training for Employees During Covid Lockdown
As FISD has made it easier for data professionals working remotely to complete its FIA certification, Tradition has taken the opportunity to put its global data sales team through the certification process.
CME’s Reg Reporting Rollback: A Sign of What’s to Come
Sources say the exchange group’s scaleback is a result of pricing wars, unsustainable business models, and the realities of commercially supporting a regulatory reporting business.
SIX’s Purchase of BME Boosts Presence but Tech Challenges Lie Ahead
Exchange partnership will deliver benefits of scale but rationalizing trading infrastructure will take time, say observers
People Moves: ICE, Aquis Exchange, Liquidnet, BNP Paribas, TradeX, Gresham Technologies, SIA
A look at some of the key "people moves" from this week, including Hester Serafini (pictured) who has been appointed president at ICE Clear Europe.
Deutsche Börse to Exit Regulatory Reporting Business
Sources say a pricing war and cost pressures are causing service providers to reconsider their regulatory reporting businesses.
Tora Adds Fixed Income to Trading Platform
The new capability will make the provider's offering a multi-asset trading platform.
Red Hat’s CTO Explains Edge Computing Buildout
The provider of open-sourced solutions is working with firms to build and refine their edge computing environments.
Big xyt Readies New Liquidity & Trade Analytics Tools
The vendor is beta testing three new data and analytics tools that will give greater insight into their best options to liquidate positions quickly during volatile market conditions.
This Week: Vanguard, OneMarketData, SS&C, Xignite, Esma, SimCorp, Nasdaq
A summary of some of the past week’s financial technology news.
Quants Use Nowcasting As Covid Crystal Ball
Experts from UBS, Unigestion, MIT and QuantConnect discuss the need for nowcasting, and what the alt data boom has made possible in trying to navigate today’s crisis.
BlackRock Integrates Private Markets Software with Aladdin
Integration of the asset manager's eFront acquisition aims to deliver a ‘whole portfolio’ solution.