Europe
Brexit Offers London Banks Opportunities for a New Start with Cloud & API
John says investment banks relocating as a result of Brexit have a chance to rethink technology infrastructures.
GoldenSource Automates ISIN Code Generation Process for Mifid II Reporting
The solution will gather all the required data for allocating ISIN codes to OTC products in a simplified and automated way.
Infront Preps for Oslo IPO
Vendor says IPO will help support its growth plans by providing financing for acquisitions.
SimCorp Partners with OTCX for Derivatives Best Execution
Australian investment firm Merlon Capital Partners was the first SimCorp user to test the OTCX platform.
Praying for Another Day: As FRTB Looms, Banks Prepare
Industry testing for FRTB will begin in 2019 with implementation coming in 2020, though there is hope that personnel changes at the Basel Committee will lead to some extra leeway.
Colt Adds Equiduct Connectivity
Officials say that connectivity to Equiduct─alongside the other venues to which Colt already provides connectivity─will support firms' best execution requirements while expanding Colt's regulatory services.
ESMA Preps Financial Instruments Reference Data System Launch
The Financial Instrument Reference Data System (FIRDS) will go live on July 17, 2017.
ESMA Fines Moody’s €1.24M for Credit Ratings Breaches
ESMA says that between June 2011 and December 2013 Moody’s failed to explain decisions for 19 ratings.
ESMA Grants Approval to Bloomberg European Trade Repository
Bloomberg set to open trade repository for Europe for OTC and exchange-traded derivatives reporting.
Red Deer, Westminster Ally for MiFID II Research Solution
The end-to-end solution will remove potential conflicts in research valuation and payment.
London Stock Exchange Bolsters Fixed-Income Presence with Citi Yield Book, Indices Acquisitions
$685 million deal for analytics platform and indices business first acquisition by LSEG since collapse of Deutsche Börse merger.
LSE Bolsters Fixed Income Arsenal with Citi Deal
Acquisition aims to boost FTSE Russell’s appeal to fixed income clients and “enhance and complement” LSE’s Information Services data and analytics offering.
Euronext Continues Diversification Drive into Foreign Exchange with FastMatch Acquisition
Euronext to acquire 90 percent stake in spot FX trading network FastMatch as exchanges continue their move into investment bank domain
Legacy Systems, 'Army of No' Top Hurdles for Buy Side
C-Level panel identifies legacy technology and culture, deep-rooted in many firms, as the biggest hurdle to business transformation.
Silverfinch Adds Module to Address MiFID II
The new module will make it easier for firms to collect and aggregate the datasets required for MiFID II compliance.
Indata Adds API Layer to iPM Epic Solution
Using big data technology, the Epic Data API toolkit is available to Indata users to connect systems and data sources.
UPDATE: Liquidnet Acquires OTAS Technologies
The trading network adds OTAS' analytics system to its buy-side trading platform.
Liquidnet Acquires OTAS for Best Execution Analytics
OTAS analytics will be folded into Liquidnet’s VHT platform to “deliver market context directly to the trader at the point of execution.”
Tradeweb APA Signs BNP Paribas, Credit Suisse, Morgan Stanley, Societe Generale for Mifid II Reporting
Four institutions join Deutsche Bank, Goldman Sachs, JPMorgan on APA Mifid II reporting service.
RSRCHXchange Introduces Desktop Application via OpenFin
The new application is available to all RSRCHXchange clients, and it will connect to the firm’s existing platform.
Linedata Releases New Version of Global Hedge Platform
The new version includes improved order management features and Mifid II compliance tools.
NovaSparks Adds SIP FPGA Handler
NovaSparks has added support for Nasdaq's two Securities Information Processor feeds.
UPDATE: Moody’s Buys Company Data Vendor BvD for €3 Billion
Bureau van Dijk’s platform will be integrated into Moody’s Analytics’ suite of risk management solutions.
Misys Releases AI Functionality for Trade Validations
The component helps financial institutions spot booking errors, anomalies and unusual activity with machine learning.