Market data
Goldman taps alt data for economic forecasts during pandemic
Economists at the bank leveraged a combination of public and third-party data to make conclusions about the future during uncertain times.
Vendors Continue to Move Products, Services to the Cloud: Some Examples
Last year, most (if not all) financial technology providers either completed or started major projects that involved moving their products and services to the cloud. WatersTechnology looks at 15 of the more interesting cloud-migration initiatives from…
FactSet, Snowflake Take Aim at Financial Data Mapping Challenges
FactSet’s mapping service, Concordance, can be used on its own or with Snowflake’s cloud, enabling users to apply the offering to other datasets in Snowflake’s ecosystem.
Not so Fast: SEC’s SIP Rule Speeds Ahead, But Faces Bumpy Road
Jo is skeptical that the SEC’s finalized market data infrastructure rule will make the public market data feeds faster.
Waters Wrap: App Interop in 2020 (And Tony’s Fave Stories From Last Year)
Anthony takes a look at some of the major projects that involved application interoperability from last year. The list includes feats by Goldman Sachs, BlackRock, Barclays, ICE, State Street, Refinitiv, and FactSet.
SEC’s Market Data Infrastructure Rule Not Easily Said or Done
The finalized equities market infrastructure reforms will make a difference, but some market participants are calling for additional clarity.
Refinitiv Says Goodbye TREP, Hello RTDS; Bolsters Cloud Support
As the “vast majority” of customers are shifting to the cloud, Refinitiv is looking to broaden its own cloud capabilities to help customers with their transitions.
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.
Point Break: How Vendors Push Their Products to the Limit
Vendors don’t release new products or updates without putting their software through rigorous testing. What does that testing involve, and what different approaches do companies employ? Max Bowie finds out.
At the ‘Fringes of Realism’: Agent-Based Models Take Hold Among Quants
Agent-based modeling has taken root seemingly everywhere throughout the last decade, from theoretical physics, to military operations, to public health, to ride-sharing apps like Uber, and to a much lesser extent, finance. However, a year such as 2020…
Platts Unveils Trade Vision API for Natural Gas Price Submitters
The latest release builds off of lingering automation needs within last year's phase-one Trade Vision database launch.
‘Massive Land Grab’: S&P’s IHS Markit Buy Creates Data Juggernaut, But Users Fear Price Hikes
The deal reflects the broader trend of market participants pursuing scale to create true front-to-back trading and data environments, which may signal a trading platform acquisition in the future—though the IHS Markit acquisition may face regulatory…
Waters Wrap: Machine-Learning Models Suffer from Covid (And Exchanges in the Cloud, Pt. 2)
Anthony says that while machine-learning models have been hit-and-miss during the pandemic, NLP is taking on greater importance. He also looks at how exchanges are looking to move their core matching engines to the cloud.
Waters Wrap: Is AML Tech Worth the Cost? (And Cloud Moves & More Blockchain)
Anthony wonders if AML platforms are being scrutinized enough by banks and regulators, then looks at Wells Fargo's tapping of HPR for its quant division and Northern Trust’s blockchain plans.
EU Regulators Spill More Ink Tackling Market Data Costs
The latest consultation on the market data obligations under Mifid II looks to provide better, cheaper, and more uniform access to market data. But will it be enough to standardize policies?
FX Markets Ripe to Exploit Sentiment Data, Experts Say
Already well established as an alpha-enhancing input to equities trading, sentiment data is now being applied to other asset classes, starting with foreign exchange.
Wells Fargo’s Head of Quant Strategy Explains HPR Deployment
Wells Fargo’s Quantitative Prime Services division has tapped HPR’s Unimus platform, starting with its market access gateway and risk management tool.
Waters Wrap: Blockchain is Still Overhyped (And Ion/Broadway Thoughts & the Consulting Boom)
In 2016, Anthony wrote that the blockchain revolution was overhyped—unsurprisingly, his opinions have not changed. He also delves into the Ion-Broadway deal, and looks at new consulting/advisory firms that have recently come to market.
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.
This Week: BBVA/AWS, Bloomberg/Lombard Odier, TP Icap, Credit Suisse/Torstone, Endicott
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.
S4 Launches Market Data Recruitment Unit
S4 executives say their years of experience can help them identify and recruit the people and skillsets that firms may not initially realize they need.
Waters Wrap: Goldman’s Marquee Move a Sign of Larger Industry Shift (And Refinitiv’s API Rebrand)
Anthony explores changing concept of a trading platform, and what that might mean for the future of tech development.
Refinitiv’s API Rebrand Rankles Users
Because of its acquisition and subsequent rebrand, Refinitiv is being forced to change instances of its old branding that remain embedded in many of its APIs. This might sound like a simple change, but end-users are worried that it could be a costly fix.