Waters
In the world of financial data, context—not content—is the new king
For years, the mantra of the market data world has been ‘content is king.’ But with trading strategies now more dependent on being able to see the big picture, the value of context could quickly overtake the data itself.
Spot the difference: Why crypto data can’t be treated like traditional market data
As institutional participation in cryptocurrency markets increases, traditional data vendors and new specialist crypto data providers are taking different approaches to supplying necessary data to financial firms.
This Week: State Street/MarketAxess, Aquis, Linedata & More
A summary of the latest financial technology news.
Waters Wrap: The next evolution of FDC3
Anthony examines how an open-sourced implementation of the FDC3 standard might change the interoperability landscape.
Banks eye ‘nirvana’ in machine-executable swaps reporting
Coded reporting requirements could save banks “millions” in compliance costs, bank execs say.
Reg ATS: SEC 'bowing to public pressure' in reopening proposal
The US markets regulator has extended the comment deadline on a proposal to regulate Treasuries venues after it faced a storm of complaints from the public and financial industry.
SEC warned that alt data is rife with due diligence risks days before Thinknum crisis emerged
Only proper due diligence on datasets and the companies providing them will safeguard alt data consumers from similar risks in the future.
Bloomberg’s Aim-Port integration highlights broader industry interop push
The data giant is creating tighter back-end interoperability between its buy-side platforms and using APIs to connect with other third-party providers.
People Moves: HKEx, FCA, Clear Street, and more
A look at some of the key "people moves" from this week, including Prerak Sanghvi (pictured), who joins Clear Street as vice president of engineering.
How Russia’s war on Ukraine impacts the global IT industry
Businesses with staff based in Ukraine reckon with an unprecedented juggling act.
This Week: Goldman Sachs, MSCI/MarketAxess, Cboe/ErisX, & more
A summary of the latest financial technology news.
Bank's corporate actions overhaul 'saves hours,' but industry still seeks elusive silver bullet
Although some market participants are trying to automate corporate actions internally, full STP is unattainable without end-to-end buy-in from all participants along the event lifecycle.
Are cloud standards a bright new horizon, or just pie in the sky?
Cloud computing standardization is a buzzword in 2022, offering the promise of full multi-cloud interoperability. But are cloud standards possible in practice, or even desirable?
CFTC best placed to regulate digital assets, commissioner says
Newly confirmed head says agency has the authority and precedent to police crypto markets.
People Moves: TP Icap, Nasdaq, CFTC, and more
A look at some of the key "people moves" from this week, including Mark Govoni (pictured), who joins TP Icap as the chief executive officer of its agency execution division.
Plaintiffs in Cusips lawsuit argue the codes aren’t copyrightable
Firms file “aggressive” motion to have legal case resolved early, saying Cusip’s operators and owners have no basis to charge for the codes.
This Week: Ice, SS&C/Morningstar, Deutsche Börse/DataBP, RBC & More
A summary of the latest financial technology news.
Trumid, SGX Asia bonds JV faces uncertain future
Costly delays to launch of exchange sees backers slash headcount
Cboe completes integrations of triple acquisition, turns focus on risk and analytics
In 2020, Cboe Global Markets acquired three businesses in rapid succession. Two years later, the tech stack integrations are complete, and the now-combined entities make up the majority of the exchange’s rebranded Risk and Market Analytics Group.