This Week: Appital adds to book-building tool; SmartStream; TS Imagine and more

A summary of the latest financial technology news.

Appital adds pre-trade price discovery functionality

Peer-to-peer liquidity sourcing platform Appital has unveiled a new functionality designed to help asset managers discover pricing on large ADV orders before committing to a book build.

Following Appital’s launch two years ago, the company has been working to expand its product suite based on client feedback. According to CEO Mark Badyra, users had been asking for more time when reacting to book builds, but less time committed in the market.

“His

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Banks seemingly build more than buy, but why?

Waters Wrap: A new report states that banks are increasingly enticed by the idea of building systems in-house, versus being locked into a long-term vendor contract. Anthony explores the reason for this shift.

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