Transparency
This Week: SS&C; DTCC; LPA & More
A summary of the latest financial technology news.
SEC sets its sights on fixed-income platforms with Reg ATS revamp
US regulator’s mammoth January proposal has something in it for most US trading systems, but Jo suspects it will be the definitions of exchanges that hit the hardest.
New regulation forces UK banks to scrutinize cloud
Firms say changing SLAs and getting required information from vendors like AWS, Azure and Google Cloud is a heavy burden.
What the hell is Web3, anyway?
The next iteration of the internet is upon us, with the potential to deliver radical shifts to every industry, including banking. The movement, which is currently buoyed by the prospects of blockchain and virtual reality, has implications for computing,…
Regulators, startups eye transparency efforts for private companies
When it comes to private companies, data transparency still lags its public market equivalents, and a lack of data quality and availability is a barrier to increased investor participation. But an alliance between a startup and niche brokers is aiming to…
Cusip finds new home at FactSet as industry watches warily
Though the standard has always been operated by a private entity, industry sources say its new operator could create a perception issue for FactSet. For its part, the vendor says the purchase (for a “stunning” total of nearly $2 billion) is meant to…
An EU Consolidated Tape: Advancements made in 2021, but still far to go in ’22
The second half of the year saw some long-awaited progress in the mission to fill the void of a consolidated tape in the European Union.
Regulators turn gaze on ESG rating providers—for better or worse
Governments around the world are looking to clamp down on providers of ESG ratings and data products. Jo wonders what the implications could be for a still nascent market.
SGX to roll out new market data licensing, usage tool
The exchange is partnering with DataBP to offer an online portal that includes customer-facing tools and back-office automation.
Anna Service Bureau upgrade aims to evolve with emerging data landscape
Modernization will help numbering agency data hub adapt to new technologies and improve data quality post-Isin review.
SFDR pushes fund administrators to rethink ESG offerings
Some fund admins prefer to build ESG products in-house, while others, notably Northern Trust, consider it ‘inefficient’ from a cost and time perspective.
This Week: Macrobond/FactSet, Tradweb, Bloomberg, DTCC, and more
A summary of some of the past week’s financial technology news.
This Week: S&P Global Market Intelligence, SimCorp, SS&C, Six, and more
A summary of some of the past week's financial technology news.
Burden of Proof: Meet the IEX breakaways looking to shake up broker algos
Founded with the principles of “transparency and academic rigor,” some say Proof’s model and technical approach is a test case for a new generation of cloud-native broker startups.
Power to the People
Information is a valuable commodity in the financial services industry, although its real value is only fully realized when it is interpreted and shared across the business. This is the domain of Macrobond, which not only provides the broadest and…
New entrants want to feed bond market’s hunger for data
In the absence of a consolidated tape for debt securities in the EU, vendors with different approaches to distributing fixed-income market data are emerging.
Made to Measure
It is no secret that pre-developed applications offering commoditized, off-the-shelf functionality continue to dominate the capital markets technology landscape. Sinara discusses how capital markets firms often turn to tried-and-trusted industry…
EC drafting proposal for derivatives consolidated tape
Commission official says beta version ready for testing in 2023 will also include equities, bonds and ETFs
Farewell, Oats: Finra announces retirement date
Finra has told firms to stop reporting trades to the Oats tape from September 1, as the SEC's Cat becomes the definitive audit trail for US securities markets activity.
Inside RBC’s Aiden project: 5 years of deep learning
Aiden, a trading platform launched last year, is the product of five years of experimentation with deep learning by RBC Capital Markets on top of an additional five years of hypothesizing about what best execution would one day require.
This Week: Refinitiv; State Street/BlackRock; SteelEye; SimCorp; FEX Global/TT
A summary of some of the past week’s financial technology news.
A kick in the privates: In-demand unlisted stock trading faces tech, transparency challenges
Private stocks are opaque, illiquid, behave differently from public markets, and lack the same infrastructure as public marketplaces, creating back-office integration challenges for firms that want to trade these stocks in a more liquid manner. But as…
The Pulse of the Industry 2021—ESG, Advanced Data Analytics and Data Scientists in the Spotlight
This webinar investigates the challenges facing market participants in sourcing, managing and integrating ESG data into investment workflows. The panellists discuss the various opportunities opened up to capital markets firms on the back of cloud-based,…