Infrastructure
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…
This Week: Nasdaq, Trading Technologies/Nodal, Finantix, GLMX/UnaVista
A summary of some of the past week’s financial technology news.
Post IBM Pairing, Broadridge Looks to Revamp Bonds, Wealth Offerings
The vendor is leveraging IBM to help improve its analytics offering for corporate bonds and to revamp its wealth management platform.
People Moves: FTSE Russell, UKGI, Clearwater, Cloud9, LDX
A look at some of the key People Moves from this week.
SIX Builds Quantum Security for DLT-Based Exchange
The Swiss Exchange is future-proofing SDX with post-quantum encryption, ahead of its full-service launch.
TREP’s Tipping Point? An Examination of Refinitiv’s Market Data Platform
Refinitiv—and by extension, TREP—has experienced a fair amount of disruption over the last two years. Competitors are lining up to cut into the platform's market share.
Google Exec: Regulators Insisting on Multi-Cloud for Financial Firms
As regulators fear vendor lock-in and concentration among cloud providers, Google Cloud pushes its Anthos platform.
Rimes Wards off Sale Speculation with Investment from EQT
A sale was originally reported, but this PE investment will allow the firm to grow its ESG, ETF offering while considering a sale at a later time.
Illuminate Rounds Out Baton Systems Funding with $4m Investment
This is the first investment Illuminate has made in a company offering DLT-based tech.
DNB Bank Advances on 3-Year Big Data, Data Science Initiative
The bank is rounding out the second year in its three-year plan, which includes more than 100 new data roles.