United Kingdom (UK)
NatWest Markets Restarts Rollout of Axe Data Add-In After Covid-19 Disruption
The bank has partnered with ipushpull to develop an Excel bolt-on for clients with axe data who do not have access to Symphony.
Opportunity and Caution Abound with Extra Year for UMR
With the uncleared margin rules deadline extended, firms have an additional year to prepare, but they must do so while navigating the coronavirus pandemic and its economic fallout.
Banks Grapple with VPN Capacity Amid Covid-Induced Network Strain
Private network limitations and variable internet connectivity have challenged operational resiliency and business continuity plans.
UBS’s COO: 'Hybrid Pods' Accelerate Remote Working Solutions Amid Pandemic
Beatriz Martin says the bank has about 400 of these agile development teams—which were first rolled out last year—consisting of about 2,500 people across the organization.
Covid-19 Reveals Need for Better Comms Plug-Ins for Traders
Traders should have real-time voice modules in trading systems and the ability to add detailed notes to replicate trading floor experience.
Geolocation Data Spotlights Covid Recovery
Hedge funds are using geolocation data to both spot signs of a pandemic recovery and to see its ripple-effect damages.
Torstone to Integrate Risk Calculations into Inferno
The vendor will add trading position flow and risk calculations to the platform this year, as it continues to integrate functions from recent acquisition Percentile.
CloudMargin Makes Key Hires Despite Coronavirus Uncertainty
The London-based collateral management solutions provider says expansion is a strategic business decision.
Gresham Technologies Expands Use of RPA for Reconciliations
The vendor's CTO says automation capabilities embedded within the company's Clareti platform can help with repetitive tasks.
This Week: LSEG Technology; SIX/Nasdaq; FTSE Russell/JSE; & More
A summary of some of the past week's financial technology news.
Mosaic to Launch Mobile Version of Data Analytics Platform
The functionality is already available for tablets, with the cell phone version expected in the third quarter.
CLS Assembles Data Science Team to Decode FX Volatility
The information services division at the FX settlement specialist is recruiting data analysts for a special project.
LSEG To Build DLT PoC for Equities Settlement
The exchange's blockchain architect says the product is being prepared for testing in the FCA's sandbox.
Lighting Up the Black Box: A Must for Investors?
Many quants contend that you must be able to interpret machine learning in order to use it.
Ex-JP Morgan Trader Tackles Complex Computing with New Programming Language
Concurnas founder says his language will help traders work more easily with concurrent computing and offer a Python-like syntax with Java-scale performance.
LEI on the Edge: What Needs to Happen for Wider Adoption?
The financial industry is losing faith in the LEI initiative as regulatory mandates remain patchy, but some see hope in SFTR’s unique-issuer LEI. By Mariella Reason
Fenergo Taps ABN Amro, DXC for $80 Million M&A War Chest
The Dublin-based company sells 10% stake to fund further regtech acquisitions.
Vendors Feel Heat as Regulators Pile Pressure on Third-Party Resiliency
UK regulators have proposed new laws to clamp down on operational resilience and third-party risk, pushing fintechs to put some skin in the game.
Screen Founders Leave TRG, Set up Data Recruitment Firm
Brooimans and Fruitema will focus on helping financial firms in Europe to find experienced data professionals.
Google Exec: Regulators Insisting on Multi-Cloud for Financial Firms
As regulators fear vendor lock-in and concentration among cloud providers, Google Cloud pushes its Anthos platform.
This Week: Refinitiv; Broadway; BMO/Clearpool; Skytra/Nasdaq & More
Catch up on some of the past week's financial technology news.
People Moves: Refinitiv, State Street, DTCC, Liquidnet & More
A look at some the key "people moves" from last week, including Mike Hill (pictured), who joins Compliance.ai.
APIs to Help with Regulatory Differences Over Dark Trading
Technologists urged to adopt a more flexible plug-and-play approach using APIs, as concerns grow about the FCA and Esma's differing attitudes toward dark trading.
