Toronto
TMX, CanDeal strike deal for Canadian benchmark transition
Canada is one of many countries moving away from opinion-based benchmarks like Libor in favor of alternatives based on observable trade data. TMX and CanDeal are working to deliver a new rate which will take over as Canada’s official loan benchmark next year.
This Week: IHS Markit; IceExchange/ BondLink; TickSmith/Snowflake
A summary of some of the past week's financial technology news.
This Week: DTCC, SIX-Orenda, Neuravest, Overbond, Quod, and more
A summary of some of the past week’s financial technology news.
This Week: State Street/Simcorp, Bloomberg, ACA, Broadridge & More
A look at some of the past week’s financial technology news.
Boosted.ai Rolls Out New Models for Navigating Covid-Specific Risks
As Covid-19 impacted companies and markets in March, the machine-learning startup sought to help clients better manage risk exposures that couldn't be explained by traditional risk factors.
Space Exploration: How Will Banks Handle Unwanted, Costly Real Estate, Post-Covid?
Financial firms spend a lot of money on office space, but what happens to that space if more employees are working from home? Perhaps something of a WeWork for fintechs is the answer.
TD Securities Eyes Data on Internal ‘Hydra’ Risk Middleware in 2020
The firm sees benefits of making data available on the platform, which already hosts risk and P&L functions, as well as settlement and reporting applications.
Due North: Inside TMX Group's Bold Data Audit Overhaul
Toronto's TMX Group is looking to revolutionize the way that it conducts data audits with users. While the early feedback is positive, will others follow suit?
CanDeal Unveils ‘More Accurate’ Bond Pricing Feed
The new pricing service incorporates additional inputs and uses artificial intelligence to predict price movements.
Old Dogs, New Tricks: Veteran Tech Execs Enjoy the Startup Life
An examination of how long-serving industry veterans are finding a home at fintech startups.
Kooltra Launches Cloud-Based Back-Office Tool for FX Market
The first rollout of the offering is geared toward smaller and new brokers looking to outsource their back-office tech.
OTPP Taps Ord for Enterprise Data
ORd brings more than 25 years in data management and technology engineering to the role overseeing the pension fund's enterprise data operations.
Eagle Alpha Swoops on Data Vet Richards
The 35-year industry veteran will advise the vendor on product, strategy and business development.
CanDeal Enlists TickSmith for OTC Canadian Data Pool Tech
The new venture will use the Data Pooling module of TickSmith's Big Data platform to capture and process OTC price data from participating firms.
Nasdaq Buys Quandl to ‘Dominate’ Alt Data Space
The acquisition will combine the resources that each has assembled separately, and allow them to reach new audiences for their alternative datasets.
TOFIS Panel on Machine Learning, AI: ‘Try Everything, Kill What Doesn’t Work’
Panelists at the recent Toronto Financial Information Summit outline the key opportunities and challenges for machine learning and artificial intelligence in the financial markets.
TOFIS Keynote: National Bank of Canada Uses AI to ‘Brew’ a Richer Blend of Banking Services
Some fear the prospect of artificial intelligence taking traders' jobs. But, explains National Bank of Canada's Alexis Gouslisty, AI's greatest opportunities are in transforming the way banks manage data internally and how they interact with clients.
TOFIS Panel: Data Linkages Pose Key Challenges to Alt Data Use
Max Bowie reports from Toronto on Canadian firms' opinions of the challenges associated with using alternative data.
Quandl Launches Corporate Jet Dataset for Predicting M&A Activity
Officials say the dataset of corporate flights provides an indicator of upcoming corporate activity thta could potentially impact a company's stock price.
IBM Taps Former CIBC Exec Dhot for Cognitive Analytics
Dhot previously spent seven years in data analytics roles at Canadian bank CIBC.
London Calling: TP Icap’s Sinclair Eyes Client-Driven Data
Six years after the collapsed merger between TMX and LSE thwarted his plans to relocate from Canada to London, Eric Sinclair is bringing his start-up spirit and focus on client experience to TP Icap, where he told Jamie Hyman and Joanne Faulkner about…