United States (US)
Waters Wrap: Examining Digital Asset’s DLT strategy (and its broader implications)
Digital Asset has slowly expanded its influence with exchanges in the APAC region, and this year has made additional inroads in the US and Europe. Anthony examines the company's wins and losses over the last seven years.
Bloomberg deploys math, not AI, to blend risk management and portfolio construction
The Mac3 GRM risk solution is live for equities users, uses no AI or machine learning, and will be rolled out to more asset classes next.
Murky road ahead for consolidated tape plan administrator in the US
The business unit of the new equities data plan could revolutionize pricing and accessibility in the public feeds of NMS data, say hopefuls to the role, but litigation and lack of clarity obscure the path forward.
Anna Service Bureau upgrade aims to evolve with emerging data landscape
Modernization will help numbering agency data hub adapt to new technologies and improve data quality post-Isin review.
This Week: Deutsche Borse; State Street; IHS Markit; MSCI; & more
A summary of the week's financial technology news.
BofA and HSBC: at the intersection of cybersecurity and neurodiversity
Closing the growing gap between adequate enterprise cybersecurity protection and available resources is fraught with obstacles, so Bank of America and HSBC are pursuing an unconventional approach: seeking out neurodiverse talent with a knack for pattern…
SFDR pushes fund administrators to rethink ESG offerings
Some fund admins prefer to build ESG products in-house, while others, notably Northern Trust, consider it ‘inefficient’ from a cost and time perspective.
People Moves: Baton, Broadridge, BNY Mellon, Eventus, and more
A look at some of the key "people moves" from this week, including Mike Johnson (pictured), who joins Broadridge as VP and global product manager of derivatives clearing.
Phase five margin queues spur calls for custody revamp
Custodians are being urged to update “antiquated technology” ahead of a three-fold jump in phase six initial margin onboarding.
Bank-backed futures utility criticized as too ambitious
Osttra’s Joanna Davies is urging industry leaders to look for “quick wins”.
This Week: Turquoise, OpenFin & FlexTrade; Anna, FTSE Russell, and more
A summary of some of the past week’s financial technology news.
Companies race to tackle widening cybersecurity talent gap
More realistic job requirements and in-house training programs could boost recruitment in face of increased cyber threats
Bank consortium led by SocGen seeks to cure post-trade data ills
Project led by Societe Generale that uses privacy-enhancing technologies to solve data management issues hopes to sign up five banks and launch as a legal entity.
This Week: Macrobond/FactSet, Tradweb, Bloomberg, DTCC, and more
A summary of some of the past week’s financial technology news.
After lengthy fight, Bloomberg’s Figi recognized as official US data standard
The Figi is free to use, and becomes the second reference data standard alongside Cusip, authorized for financial instrument identification by the American National Standards Institute.
People Moves: WFE, MSCI, Broadway Technology, Tora and more
A look at some of the key "people moves" from this week, including Ed Tilly (pictured), who has been appointed chairman of the World Federation of Exchanges.
This Week: S&P Global Market Intelligence, SimCorp, SS&C, Six, and more
A summary of some of the past week's financial technology news.
People Moves: SunTec, Broadridge, HKEX, Northern Trust, and more
A look at some of the key "people moves" from the past week, including Leon Stavrou (pictured), who's been promoted to head of business in Australia and New Zealand at Northern Trust.
A tale of two titans: Microsoft vs. Bloomberg
Bloomberg has fended off rivals to its business for years but Jo believes a more credible threat may be emerging.
People Moves: FactSet, AFMA, Finos, Tradeweb and more
A look at some of the key "people moves" from this week, including Linda Huber (pictured), who joins FactSet as chief financial officer.
MarketAxess builds out flagship e-trading platform for loans functionality
The platform operator plans to extend its all-to-all corporate bond trading expertise to the loan market, which lags other fixed-income instruments in both tech adoption and the level of transparency.
IM phases five and six collide as buy side delays readiness
More than 1,000 segregated accounts for uncleared margin may still need to be opened post-deadline.
Waters Wrap: A whole new way of looking at data spend (And CME-Cboe thoughts)
As brokers start to explore various forms of self-service models, Anthony wonders if this could lead to a complete rethink of how commercial terms and contracts are structured for adding on new datasets.
Confusion remains over SEC’s market data efforts
Jo ponders some of the important pieces of the regulator’s National Market System modernization that remain obscure.