Margin
Aussie asset managers struggle to meet ‘bank-like’ collateral, margin obligations
New margin and collateral requirements imposed by UMR and its regulator, Apra, are forcing buy-side firms to find tools to help.
Vanguard eyes DLT for FX forwards after smart contract success
The fund giant hopes the roll-out of the tech in 2022 will deliver greater efficiency and pricing benefits.
Post-trade in the cloud: Startup RQD aims to reimagine clearing
With the post-trade space poised for major change, startup clearing firm RQD says a new cloud-based platform will help it respond to client needs and new business opportunities.
FIS modernizes through modularity
The vendor has been in the process of overhauling its entire tech estate for almost seven years, with the aim of offering modular, flexible services.
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.
Ion expands into OTC markets with Clarus deal
With the deal, the tech titan adds real-time swaps margin analytics to its post-trade services for listed derivatives.
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.
This Week: Azentio, TriOptima, Equinix, TNS, and more
A summary of some of the past week’s financial technology news.
This Week: IHS Markit; IceExchange/ BondLink; TickSmith/Snowflake
A summary of some of the past week's financial technology news.
Jumping ship: Concerns raised over LSEG’s 2022 Docklands datacenter move
The project comes at a time when Euronext is considering a datacenter move, and sources speculate that Six might also be another candidate to migrate. Market participants are split on the news of the LSEG migration, with some calling it “frustrating,”…
Algorithmics charts new course in year-plus after SS&C acquisition
After eight years with IBM, Algorithmics has grown its staff significantly in the year since SS&C bought the risk analytics provider. The vendor is now taking aim at tapping into SS&C’s roster of buy-side users by embedding with the likes of Advent and…
This Week: SGX/Trumid/Hillhouse, Northern Trust/IHS Markit, LME, Six, and more
A summary of some of the past week’s financial technology news.
This Week: RepRisk/JP Morgan; TP Icap; Moody’s/MioTech; FTSE Russell; SimCorp & More
A summary of some of the past week’s financial technology news.
Manulife Refines ESG Methodology and Plugs Data Gaps with NLP
The asset manager has adopted materiality tools, industry handbooks, and NLP techniques to help navigate ESG data limitations.
This Week: Northern Trust/BackRock, Nasdaq, IHS Markit/OpenGamma, MEMX, and More
A summary of some of the past week’s financial technology news.
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.
Sluggish Back-Office Systems Added to Margin Pressures
Systems supplied by FIS struggled to handle a massive spike in March trading volumes, according to multiple sources.
People Moves: Euronext, RJO, CloudMargin, And More
A look at some of the key people moves from this week, including Georges Lauchard, new chief operating officer at Euronext (pictured).
Cboe Buys Hanweck and FT Options in Dual Acquisition
The exchange group has made a strategic double buy hoping to boost capacity in solving portfolio and balance sheet risk for clients.
Illuminate Rounds Out Baton Systems Funding with $4m Investment
This is the first investment Illuminate has made in a company offering DLT-based tech.
UBS Cuts Outsourced Tech Jobs
The investment bank has eliminated thousands of roles and revamped its approach to outsourcing over the last two years.