This Week: TP Icap, Confluence, Bloomberg, Iress-Cosaic, Tradeweb, SmartStream, and more

A summary of some of the past week’s financial technology news

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TP Icap unveils Parameta brand, melding data and post-trade tools

Interdealer broker TP Icap has combined its data and analytics and post-trade offerings into a new division, dubbed Parameta Solutions.

The new business line incorporates multiple brands and business areas, including Tullett Prebon Information, Icap Information, PVM Data Services, Liquidnet Investment Analytics, and Burton-Taylor International Consulting, as well as the broker’s previously separate post-trade solutions business

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The AI boom proves a boon for chief data officers

Voice of the CDO: As trading firms incorporate AI and large language models into their investment workflows, there’s a growing realization among firms that their data governance structures are riddled with holes. Enter the chief data officer.

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