Transparency
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,…
Fed could require senior management to explain AI models
A new era of accountability might see the Federal Reserve demand model explainability to keep financial system safe.
Covid Re-Exposed Bond Market’s Liquidity Problems—Is Change Finally Here?
Three fixed-income experts look back on the bond market’s liquidity crisis spurred by the pandemic’s early days, and ponder where regulation and data-quality efforts might next lead the space.
This Week: Pimco/Man Group, Microsoft & Others, Cboe, Trumid/Goldman Sachs, Fenergo, & More
A look at some of the past week’s financial technology news.
Cohesion on ESG Standards Still Elusive, Despite Biden Win
While many expect the president-elect to take a bullish stance on environmental issues, it's unclear what a new dispensation can do for the dilemmas around ESG standards.
Nasdaq Looks to Contextualize ESG Ratings
The exchange's ESG Footprint converts ESG data into everyday metrics to show investors the impact of their portfolios.
Industry Still at Odds Over Use Case for an EU Consolidated Tape
Market participants say they want a high-quality, centralized source of market data for EU equities. But who and what is it actually for?
Bloomberg's FIGI: A Case of Red Light, Green Light
After the route toward accreditation via the ISO petered out, Bloomberg is vying to establish its reference data standard as a system of record in the US, following a win in Brazil.
Meritsoft Creates Module for Dividend Tax Tracking
The addition to the vendor’s tax management platform aims to help trading firms understand if they can recover taxes legally.
S&P Global Introduces 10 Million Private Company Profiles to Market Intelligence
The new datasets mark a milestone in the company's multi-year strategy to allow investors greater access to small and medium enterprise companies.
Numbering Agency Calls for Experts
The Derivatives Service Bureau is looking for new members on its technical advisory committee, after its designation as the UPI service provider.
HSBC Launches ESG Reporting Service
The bank's securities services division will provide a PDF report to buy-side clients with ratings and emissions data, showing the performance of large holdings over time.
Nasdaq to Launch Sustainable Bond Comparison Tool
The exchange is improving the technical functionality of its Sustainable Bond Network, which launched in December.
This Week: HKEX, ICE, Clearstream, Broadridge, IHS Markit and more
A summary of some of the past week’s financial technology news.
MSCI Uses NLP to Measure Company Innovation
The global market index firm is quantifying innovative investments and mapping them to a company’s performance.
LEI Foundation Pilots Blockchain-Based Credentials Solution
GLEIF has partnered with vendor Evernym to create digital wallets that link employees’ identities and roles with companies' identifying codes.