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Cloud: Capital markets’ Swiss Army knife
The best uses of the cloud so far have been as an enabler of performance and innovation. The best uses yet to come could reshape AI. So, Max warns, if you think cloud is about cutting costs, you’re thinking about it all wrong.
This Week: Bloomberg, VoxSmart–GreenKey, EDM Council, Northern Trust, Anna-DSB, and more
A summary of some of the past week’s financial technology news.
People Moves: Canoe Intelligence, Transcend, Clear Street, Gresham Technologies, and more
A look at some of the key "people moves" from this week, including Vishal Saxena (pictured), who joins Canoe Intelligence as chief technology officer.
Alt data’s second inning: Brace for a long M&A game
The alternative data sector is still relatively nascent, and as such buy-side firms have struggled with how best to incorporate these non-traditional sources of information. While sources say that there will be continued M&A in the market, how those…
This Week: CME/IHS Markit, Bloomberg, OpenExchange, Equinix, and more
A summary of some of the past week’s financial technology news.
People Moves: Tradeweb, BondLink, Boosted.ai, Transcend, and more
A look at some of the key "people moves" from this week, including Devi Shanmugham (pictured), who joins Tradeweb as global head of compliance.
Risky business: Moody’s attempts to carve out space in overrun ESG market
In the past two years, Moody’s Analytics has acquired four vendors that the ratings specialist hopes to integrate for ESG offerings in a crowded market.
People Moves: State Street, SimCorp, Six, Exegy, and more
A look at some of the key "people moves" from this week, including Taro Kuryuzawa (pictured), who joins State Street as country head for Japan.
People Moves: Exegy, SEC, Clearwater Analytics, KopenTech, Lightspeed, Databricks
A look at some of the key people moves from this week, including Craig Schachter (pictured), who joins Exegy as chief revenue officer
People Moves: Theta, Google, B2C2, Tourmaline, and more
A look at some of the key "people moves" from this week, including Paul Flanagan (pictured), who joins Theta as strategic sales advisor.
Burden of Proof: Meet the IEX breakaways looking to shake up broker algos
Founded with the principles of “transparency and academic rigor,” some say Proof’s model and technical approach is a test case for a new generation of cloud-native broker startups.
This Week: Nasdaq, NSCC, State Street, OpenFin/Broadridge, and more
A summary of some of the past week’s financial technology news.
McKenna’s Gold: The woman who raised the standard for standards
This year’s inductee into the Inside Market Data Hall of Fame is Karla McKenna, a 35-year Citi veteran and standards advocate who is now Americas managing director of LEI standards body Gleif.
People Moves: BNY Mellon, BNP Paribas, Liquidnet, and more
A look at some of the key "people moves" from this week, including Winnie Chen (pictured), who joins BNY Mellon as APAC head of treasury services.
People Moves: NomadData, Credit Suisse, Saxo Bank, Broadridge, and more
A look at some of the key "people moves" from this week, including Justin Manikas (pictured), who has been appointed vice president of partnerships at Nomad Data.
Obituary: Telerate founder Neil Hirsch dies at age 74
Former employees praise the kind and caring CEO who made millions from data but still knew staff by name.
Farewell, Oats: Finra announces retirement date
Finra has told firms to stop reporting trades to the Oats tape from September 1, as the SEC's Cat becomes the definitive audit trail for US securities markets activity.
Ex-Gain Capital CEO pays $1M for bankrupt Money.Net assets
Stevens may plan to give Money.Net a new lease of life targeting wealth management clients.
Putting the ‘green’ in green data: Rise of impact investing drives ESG M&A
Socially responsible investors are putting their money where their mouth is—in ever-increasing amounts. With insatiable demand for new datasets and analytics to support these strategies, it’s not surprising that every data vendor wants a slice of the ESG…
People Moves: LiquidityBook, BondIT, Sterling Trading Tech, Old Mission
A look at some of the key people moves from this week, including Sayant Chatterjee (pictured), who has been appointed chief operating officer at LiquidityBook.
IBM’s ‘Cloud Satellite’ targets banks convinced of decentralized trading model
The tech giant believes a hub-and-spoke model is the future of trading. In part, it is using its new cloud offering to lure financial services firms that are looking to open remote offices to find new talent.
People Moves: Rimes, LCH, LSEG, ACA
A look at some of the key people moves from the past week, including Brad Hunt (pictured), who joins Rimes Technologies as its new CEO.
Oats retirement imminent as Cat maintains data quality, Finra says
Oats reporting could be fully migrated to the Consolidated Audit Trail and the Oats system retired as early as June 30.
Exegy, Vela merge; say scale will fuel further acquisitions
The deal will create growth synergies between the vendors' trading systems, and provide an execution capability based on Exegy's trading signals.