Credit
IHS Markit soft launches more Risk Bureau capabilities ahead of Libor transition
The newly-acquired data giant targets the sell side with a suite of new risk-based applications meant to help banks with the transition from Libor, which is expected for the end of this year.
Mystery surrounds rumored Ion acquisition of Italian trading platform provider List
While it would appear that Ion has acquired the Pisa-based vendor, details are murky. If the deal has gone through, though, it could mean contractual changes will occur in the near future for List users.
CDS trading remains stubbornly human
Buy-sider traders remain skeptical of the benefits of algo execution for credit derivatives.
Deutsche Börse eyes quantum computing
The exchange’s pilot application to model enterprise risks cuts computation time from 10 years to 30 minutes.
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…
Pictet Asset Management enlists Finsemble to overhaul fixed-income, FX workflows
The Swiss bank’s asset management division has been working with Cosaic for a bit over a year, and has used Finsemble to automate heavy workflows in FX pricing, money market yields, and credit.
Arabesque AI to Launch New Prediction Engine Using Machine Learning
The firm is working with different machine-learning methods for portfolio construction, and expects its AI system to go live early next year.
ICE ‘Bonds’ Acquisitions into Fixed-Income Powerhouse
In this profile of the Intercontinental Exchange, Lynn Martin explains how the company’s ICE Data Services unit is creating a unified offering with fixed income data at its core, after a series of acquisitions that began with its purchase of IDC in 2015.
Fulcrum AM Looks to Quantify ESG Risk by Honing Hard Numbers
ESG risks will become part of investment and risk management processes across all funds at the firm.
Alt Data Aims to Shake up Credit Scoring Business
Young firms, using machine-learning methods to scrape consumer info, challenge established agency model.
Dutch Banks, Zapata Computing Tap Quantum Computing for Stress Test Projects
ABN, ING and Rabobank are exploring quantum for regulatory stress tests. In the US, Zapata Computing is seeking a patent for the same.
How Schroders is Bypassing the Noise in News Sentiment to Identify Credit Risk
The UK asset manager is using Owlin's media analytics platform to identify negative news sentiment linked to credit risk.
This Week: Trading Technologies, Deutsche Borse, SS&C-Canoe, TNS, Clearstream-LCH, S&P, Refinitiv, Sterling TT
A summary of some of the past week’s financial technology news.
This Week: BNY Mellon, ASX, DTCC, SteelEye/UnaVista & More
A summary of some of the past week’s financial technology news.
Firms Hone Use of New Alt Datasets to Pick Covid-19’s Winners
Investment managers are starting to use alternative data to assess the pandemic’s effect on individual stocks.
Deutsche Börse to Exit Regulatory Reporting Business
Sources say a pricing war and cost pressures are causing service providers to reconsider their regulatory reporting businesses.
Cboe Integrates Trade Alert Into Information Solutions Business
The Chicago-based exchange has also released its first integrated solution with risk analytics provider Hanweck, which it acquired in February.
IHS Markit Rolls Out New Buy-Side Derivatives Risk Modeling Platform
The product combines emerging technologies to offer speed, scale, and new perspectives on credit spreads and portfolio performance by overlaying financial data with alt data.
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.
Bloomberg to Offer Next-Gen Risk Models to Enterprise, Terminal Clients
In addition to consolidating the Port risk models for terminal users and enterprise clients, the data vendor is looking to use advanced risk models to create better hedging strategies for equities.
People Moves: R3, Hazeltree, PJ Solomon, PEAK6, Algo-Logic and StarCompliance
A look at some of the key "people moves" from this week, including Kevin O’Connor of Algo-Logic (pictured).
FIS Acquires Virtus to Expand Managed Services in Credit Space
FIS is looking to integrate Virtus technology platforms into its back-office solutions.
Wavelength Podcast Ep. 175: Tradeweb's Billy Hult
Duncan Wood interviews Tradeweb's Billy Hult about the changing trading landscape.
Barclays: The Future of Post-Trade is a Common Utility Platform
Financial firms are pushing for a distributed market infrastructure model through efforts like Isda's Common Domain Model and distributed ledger technology.