Capital markets
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.
Small Change, Big Challenge: Battling the Rising Tide of Data Notifications
With data notifications growing in volume and complexity, firms are finding it harder to keep track of these changes. Some vendors are looking to help.
Industry Still at Odds Over Use Case for an EU Consolidated Tape
Market participants say they want a high-quality, centralized source of market data for EU equities. But who and what is it actually for?
Waters Wrap: The M&A Market Heats Up (And Some Quantum Computing News)
What do Liquidnet and Trading Technologies (and others) have in common? Anthony explains. He also discusses advancement—and disillusionment—in the quantum space.
People Moves: Broadridge, Schroders, Cboe, TP ICAP, Temenos, Ideal Prediction, and ASX
A look at some of the key "people moves" from this week, including Vijay Mayadas (pictured) who has been appointed president of capital markets at Broadridge.
SmartStream Air 2 Breaks Cover… and the Rules of Data Reconciliation
This paper is based on a series of interviews that took place in Q3 2020 with two SmartStream personnel intimately involved in the development, launch and commercialization of SmartStream Air 2: Andreas Burner, chief innovation officer for blockchain and…
Low-Code Movement Gains Converts, but Skeptics Remain
What if you could create your ideal, fully-functional application without writing a single line of code? With low-code and no-code platforms, you can—with a catch … or two, or three, or four.
SocGen Builds Serverless-Code Environment, Explores Virtualized Computing
The Paris-based bank has developed a coding environment to help democratize tech development, and is exploring virtualization.
Waters Wrap: Snowflake Makes its Move (And Ref Data Headaches & Data-Sourcing-as-a-Service)
Anthony explores how Snowflake is trying to win over business in the cap markets, talks about the reference data space, and examines a new breed of data vendors.
Waters Wrap: Unintended Consequences & AI Regulation (And Mobile Trading Reg & BERT NLP)
Due to the pandemic and rapid advancements in the fields of AI and mobile technology, regulators in the US and Europe have unique challenges on their hands.
Mosaic Readies Data Analytics Mobile App
The vendor is focusing on adding an Alexa-like digital assistant feature to the application.
IPC Looks to Partner with Additional Transcription Service Providers
The comms and networking provider is expanding its service after partnering with OpenFin.
Symphony to Make KYC Play as Part of Ongoing Rebrand
The chat and collaboration platform will tap into the trade and client lifecycle management spaces, beginning with an identity management service.
Waters Wrap: The NEX Brand Slowly Disappears (Plus Market Data Fights & AI Integrations)
Anthony looks at what's become of NEX since the CME acquisition, as well as discussions over odd lot reform and S&P's Kensho implementation.
Siepe Builds out Middle Office Service
The investment management solution and cloud infrastructure provider is also planning to roll out a new risk management service.
Aquis Exchange Progresses with NEX’s Tech Migration
The exchange initiated the tech overhaul after realizing some of the NEX platforms were “out of date” and “terrible”.
Multicast: The ‘Holy Grail’ for Getting Exchanges to the Cloud
Cloud providers are hunting for a way to bring multicasting to the cloud for low-latency market data distribution, unlocking the gateway for traditional exchanges to shift core infrastructure to the cloud without negatively impacting high-speed trading.
Waters Wrap: The Problem with Big Ideas (and Some Ramblings on Virtual Desktops & Tech's Blurred Lines)
Isda's CDM leaves banks questioning the way forward; the rise of virtual-desktop infrastructures; generic business intelligence tools become more popular.
People Moves: Causality Link, Pirum, Itiviti, Capco, Commcise, LiquidityBook, Apex Group
A look at some of the key "people moves" from this week, including Craig Trim (pictured) who has been appointed senior software engineer at Causality Link.
Finos Targets Retail Banking
The open-source nonprofit is looking to leverage its capital markets membership to expand its footprint.
Waters Wrap: The Race to the Cloud (And More on Name Changes, Reg Reporting, & Covid Data)
Anthony Malakian examines how firms are racing to the cloud to roll out new market data services. He also looks at ChartIQ's name change, the regulatory reporting space, and Lazard's Covid-19 data rollout.
MarketAxess Looks to Give Dealers Additional Axe Control
The tool allows dealers to stream axes to clients with customizable control over visibility.
Velox Eyes ETF Trading Tech Space
Following a $2.5 million funding round from ETF specialist ETFS Capital, Velox plans to offer server-side interoperability.
Nasdaq to Launch Sustainable Bond Comparison Tool
The exchange is improving the technical functionality of its Sustainable Bond Network, which launched in December.