Trading Tech
Startup CommonPage Seeks $1.5M Funding to Grow Procurement Collaboration Platform
Though hindering its fundraising, the Covid-19 outbreak is contributing to a greater understanding and appreciation of its proposition, CommonPage CEO says.
NYSE Eyes 'Safe' NY Floor Reopening as Research Shows Value of Open Outcry
NYSE COO Michael Blaugrund looks ahead to a potential reopening of the exchange's iconic New York trading floor, and describes why NYSE believes it's appropriate to reopen the Arca Options floor earlier, and the role of DMMs in reducing volatility.
Calculating Fair Valuations for Securities—The Underlying Complexities of Trading Fixed Income
While some things have changed significantly over the past two decades across the capital markets, others have ostensibly remained the same. But, when it comes to the world of fixed income, where the investable universe is appreciably larger—in the…
Banks Grapple with VPN Capacity Amid Covid-Induced Network Strain
Private network limitations and variable internet connectivity have challenged operational resiliency and business continuity plans.
UBS’s COO: 'Hybrid Pods' Accelerate Remote Working Solutions Amid Pandemic
Beatriz Martin says the bank has about 400 of these agile development teams—which were first rolled out last year—consisting of about 2,500 people across the organization.
Covid-19 Reveals Need for Better Comms Plug-Ins for Traders
Traders should have real-time voice modules in trading systems and the ability to add detailed notes to replicate trading floor experience.
Deutsche Bank Turns Attention to Production Engineering
DB's Stuart Gurr says past automation efforts have helped the bank weather the Covid outbreak, highlighting the need for further automation.
Goldman Sachs Revamps Virtualization Infrastructure
The investment bank is leveraging Red Hat's OpenShift technology to better manage its global footprint of virtual machines.
Wavelength Podcast Ep. 193: Refinitiv's John Walsh on Alt Data
Refinitiv's John Walsh joins the podcast to talk about alternative data, Covid-19 and data regulation.
Charles River Pushes Ahead with Azure Cloud Migration
The vendor has, however, seen some clients pause their migration plans due to the Covid-19 outbreak.
Geolocation Data Spotlights Covid Recovery
Hedge funds are using geolocation data to both spot signs of a pandemic recovery and to see its ripple-effect damages.
To Tackle ‘Covid Economy,’ Facteus Adds Real-Time Consumer Spend Data to Revenue Predictor
When Facteus (then known as ARM Insight) designed Enlightmint prior to the coronavirus outbreak, it never envisaged that its target users would be interested in receiving data in real time.
Balyasny AM's CDO: Going Quantamental with Alternative Data
Carson Boneck shares his thoughts on Balyasny's efforts to marry the best of its fundamental and quant teams.
Ion’s Wrists Slapped in Probe of Broadway Deal
The competition watchdog extends its initial investigation after Ion failed to comply with a call for info.
Buy Side Eyes Outsourced Trading Amid Covid Disruption
Pressure on trading continuity drives in-house desks to look outwards
This Week: IBM/Fenergo; BNP Paribas/BlackRock; SmartStream; Acquis/Big XYT & More
A summary of some of the past week’s financial technology news.
Covid-19 Piles Pressure on Fund Accounting
Fund administrators are dealing with unprecedented volumes of pricing information and exceptions.
Wavelength Podcast Ep. 192: Security and BCP Challenges in a Pandemic
RFA’s George Ralph joins the podcast to discuss challenges around vendor due diligence during the pandemic.
On Cobol and Legacy Systems: Covid-19 Turmoil Calls For Change
Financial industry experts say the time to start future-proofing was yesterday.
Morgan Stanley's Katherine Wetmur on Tech Investment, Covid-19 Response
As 'years' of tech investment pays off amid the coronavirus pandemic, Morgan Stanley eyes tools that can help it identify business process efficiencies.
Torstone to Integrate Risk Calculations into Inferno
The vendor will add trading position flow and risk calculations to the platform this year, as it continues to integrate functions from recent acquisition Percentile.
Bright Lights, Where Are You?
Are you suffering from cabin fever? You’re not alone. Wei-Shen writes about some of her struggles and how we need to stay positive to overcome this together.
HKEx Eyes Event-Driven Architecture
The exchange is currently working on building its enterprise data bus, for better internal data management.
Morningstar Wades Further into ESG Space with Sustainalytics Acquisition
The ESG data space has seen a fair amount of M&A activity in recent years, and that is likely to continue, sources say.