Trading Tech
SIX’s Purchase of BME Boosts Presence but Tech Challenges Lie Ahead
Exchange partnership will deliver benefits of scale but rationalizing trading infrastructure will take time, say observers
Deutsche Börse to Exit Regulatory Reporting Business
Sources say a pricing war and cost pressures are causing service providers to reconsider their regulatory reporting businesses.
This Week: HKEX, ICE, Clearstream, Broadridge, IHS Markit and more
A summary of some of the past week’s financial technology news.
Tora Adds Fixed Income to Trading Platform
The new capability will make the provider's offering a multi-asset trading platform.
Bloomberg Tackles Remote Implementations in APAC with New Tech
The vendor has added several video conferencing platforms in the past few months to better support clients.
Wavelength Podcast Ep. 200: The Reunion Special
Previous hosts of the podcast, Dan DeFrancesco and James Rundle join Wei-Shen and Tony this week to celebrate the occasion.
Red Hat’s CTO Explains Edge Computing Buildout
The provider of open-sourced solutions is working with firms to build and refine their edge computing environments.
Banks Eye More Open Source in Light of Covid-19
Driven by common industry pain points and unforeseen complications, capital markets firms have begun using open-source technology more widely.
HSBC Beefs Up Internal Chatbot for Remote Working
The bank plans to deploy its virtual assistant to 300,000 users to improve the working-from-home experience.
Finos Sees Opportunity for Open Source in RegTech Space
The nonprofit is reaching out to regulators to determine where open source could ease regulatory burdens on financial institutions, while keeping them competitive with tech companies.
Big xyt Readies New Liquidity & Trade Analytics Tools
The vendor is beta testing three new data and analytics tools that will give greater insight into their best options to liquidate positions quickly during volatile market conditions.
This Week: Vanguard, OneMarketData, SS&C, Xignite, Esma, SimCorp, Nasdaq
A summary of some of the past week’s financial technology news.
Wavelength Podcast Ep. 199: Working Through Covid-19
Marshall Saffer, vice president and head of Americas sales at Hazeltree, discusses how Covid-19 has affected the treasury management space.
Quants Use Nowcasting As Covid Crystal Ball
Experts from UBS, Unigestion, MIT and QuantConnect discuss the need for nowcasting, and what the alt data boom has made possible in trying to navigate today’s crisis.
BlackRock Integrates Private Markets Software with Aladdin
Integration of the asset manager's eFront acquisition aims to deliver a ‘whole portfolio’ solution.
As June Deadline Looms, Broker-Dealers Begin Reporting to the CAT
As CAT reporting activity picks up, error rates have somewhat surprisingly been well below what was expected in the testing and production environments.
Symphony Builds Connections to Text Message Services
Users are also able to onboard customers and interact with them on WhatsApp through the secure messaging platform.
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.
Stevens Institute, Capco Lay Out Commercialization Efforts for New Artificial Exchange
The platform will initially target the HFT crowd, as well those looking to better understand market microstructure in equities.
Asset Control to Add Data Model Customization to Ops360
The vendor is also incorporating micro frontends, as well as exploring the use of machine learning in the future.
Two Former Fidessa Employees Make Push into OMS Interop Space
Two former Fidessa employees are working with Glue42, which in turn is working with Fidessa and Ion, on bringing interoperability to the OMS space.
This Week: Northern Trust/BackRock, Nasdaq, IHS Markit/OpenGamma, MEMX, and More
A summary of some of the past week’s financial technology news.
SmartStream to Add Additional AI Capabilities to Aurora
The reconciliations specialist is also looking to expand its corporate actions offering into the buy side.
Wavelength Podcast Ep. 198: DTCC’s Peve on DLT
Jennifer Peve, managing director of business innovation at the DTCC, discusses the DLT projects the firm is working on, and how the technology has evolved over the last four years.