Infrastructure
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.
Barclays Finds Blockchain Nirvana
Digital token USC could transform financial markets. But first, backers must prove it is secure.
HSBC Securities Arm ‘Strangles’ Legacy Tech with API Wrapper
The securities services business has embarked on an API strategy to offload its legacy tech and produce better connected products.
Nomura’s Head of Digital Warns of AI’s Predictive Limitations
The investment bank’s deputy chief digital officer says machines cannot predict markets, as the bank consolidates trading operations and builds an AI trading platform for fixed income and FX.
Colt Cuts Japan–Hong Kong Latency to Sub-41ms
Beyond new latency reductions between Tokyo and Hong Kong, Colt will continue to optimize its routes and expand its network coverage.
Euroclear to Roll Out Fixed Income Data Services
The post-trade firm and custodian will launch new data services for fixed income liquidity and APIs for its reference data offerings.
This Week: Charles River, Broadridge/IBM, Dash, TT, GAM/SimCorp
A summary of some of the past week’s financial technology news.
5G & IoT: Are You Ready for the Data Deluge?
The combination of these two revolutions will see data volumes skyrocket. As a result, Anthony Malakian says data providers will be able to find new datasets to package for clients, while investment firms can create unique investment insights.
For the App Interoperability Movement, 2020 will be a Big Year
While progress was made in the desktop application interoperability space in the last year, Anthony Malakian says 2020 is likely to see some major developments that will help to push this movement forward.
Blockchain in the Capital Markets: Slow Progress in 2019
While real blockchain rollouts are still few and far between, some firms made progress in 2019. Here are 18 projects in some stage of development.
As Public Cloud Gains Traction, Concerns & Challenges Grow
WatersTechnology looks at more than 20 cloud-based projects and initiatives to see how banks, asset managers and vendors are embracing public providers, and the inherent problems involved.
LSEG: Cloud Enables Better Visualization Tools
Advances made in the exchange group's cloud program have filtered down to help improve its data offerings.
Vendor Lock-In Creates Barriers to Digital Transformation Efforts
Voya Financial and Blackstone execs discuss the role that fintechs play in firms' digital transformations, and caution them not to rely so heavily on vendors.
Avelacom Adds Multi-Cloud Connectivity for Crypto Traders
Direct links set up in each location “jump” from points-of-presence to a cloud in under a millisecond.
This Week: Goldman/Finos; JP Morgan/Baton; Caixa AM; IHS Markit
Catch up on some of the past week's financial technology news.
People Moves: Finastra, Luminex, Itarle, West Highland & More
A look at some of the key "people moves" over the last week, including Lisa Fiondella (pictured), who joins Finastra.