Infrastructure
Broker Tradition Shifts to Virtual Desktops
The company is considering a full move to virtual-working solutions after investing in remote access for brokers and other staff during the Covid-19 pandemic..
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.
CME Reg Reporting Competitors Vie to Fill the Void Ahead of Withdrawal
With over five months to go until CME unwinds its regulatory reporting businesses, competing firms are pushing to fill the service gaps and grab a slice of the market share.
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.
Trading Venues Face Resilience Test in Covid-19 Pandemic
Software testing and monitoring keeps market infrastructure a step ahead amid market volatility.
This Week: CAT, SS&C, Nasdaq, SmartStream, OpenFin, OpenDoor & More
A summary of some of the past week’s financial technology news.
CME’s Reg Reporting Rollback: A Sign of What’s to Come
Sources say the exchange group’s scaleback is a result of pricing wars, unsustainable business models, and the realities of commercially supporting a regulatory reporting business.
BoE's Post-Trade Reform Efforts Will Need Full Industry Cooperation
The central bank's report on the future of post trade will face the same competitive interests that have hindered previous attempts at eliminating inefficiencies and bringing automation to the back office.
Red Hat’s CTO Explains Edge Computing Buildout
The provider of open-sourced solutions is working with firms to build and refine their edge computing environments.
Esma Guidelines Call for Full Audits of Cloud Providers
The regulator is consulting on outsourcing contract guidance that would give firms and supervisors access to the books and premises of providers.
This Week: Northern Trust/BackRock, Nasdaq, IHS Markit/OpenGamma, MEMX, and More
A summary of some of the past week’s financial technology news.
FactSet Datasets Go Live on Snowflake Data Warehouse
FactSet is the first major data provider to make content available via the cloud-based data-warehousing platform.
Simm May Come with a Side Benefit—A Common Data Standard
Buy-side firms using AcadiaSoft for Simm calculations must adopt the ORE XML data format.
Banking Regulator: Beef Up Security in Covid-19 Remote Working Era
The OCC security controller warns that cybercriminals are exploiting the wider attack surface created by remote working.
Wavelength Podcast Ep. 194: ITRS Group’s Warren on Capacity Planning
CEO of ITRS Group, Guy Warren, joins the podcast to talk about capacity planning and overspending for cloud services.
BlackRock Onboards 8 Aladdin Clients Remotely
The asset management giant has turned to collaboration tools to help with client implementations during the pandemic lockdown.
Balyasny AM's CDO: Going Quantamental with Alternative Data
Carson Boneck shares his thoughts on Balyasny's efforts to marry the best of its fundamental and quant teams.
Morgan Stanley's Katherine Wetmur on Tech Investment, Covid-19 Response
As 'years' of tech investment pays off amid the coronavirus pandemic, Morgan Stanley eyes tools that can help it identify business process efficiencies.
MEMX Postpones Launch Due to Coronavirus
CEO Jonathan Kellner announced on April 17 that the exchange would have to push back its official launch date, as well as delay platform testing and member certification until later this year.
Barclays Revamps BARX Platform Using OpenFin
Executives from Barclays discuss why the bank is transforming its BARX trading platform and what that might mean for the future of trading desktops.
People Moves: IBM Cloud, CoinShares & Seaborn Networks
This week's key people moves include former BofA CTO Howard Boville (pictured), who joins IBM Cloud as senior vice president.
In Expansion Beyond HFT, FPGAs Eye AI
After a decade of supercharging low-latency applications, Wei-Shen Wong explores how FPGAs are pushing into new areas of the capital markets, driven by interest in AI & ML.
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).
Weighing the Benefits: Hardware Vs Software
In the pursuit of new ways to eliminate latency from the market data distribution and trading processes, vendors have invested in hardware-acceleration technologies, such as FPGAs. But with commodity chips now giving specialist hardware a run for its…