United States (US)
Dealers Vie with IHS Markit to Electronify Bond Issuance
Competing platforms could split the market for new issuance in Europe and the US.
Eventus Systems to Add ML-Driven Trader Profile Feature to Validus
The new functionality will help to give context to market manipulation alerts.
Covid Could Cause US Regulators to Rethink Surveillance
Not having specific requirements and procedures for firms to refer to ended up putting some funds in a tough place during the pandemic’s early days.
People Moves: BNY Mellon, RJ O’Brien, CrossTower
A look at some of the key "people moves" from this week, including Mark McKeon (pictured) who has been appointed Global Head of Front-to-Back Solutions at BNY Mellon’s asset servicing business.
UBS Evidence Lab Uses Hospital Data to Profile Regional Recoveries
The unit is combining foot-traffic data and proprietary datasets derived from hospitals to develop a better understanding of outbreaks and predict a timeline for recovery.
Moonshots Shelved: Banks Spend on Home-Working Tech
Senior technologists from UBS, Deutsche Bank, Nomura, SocGen and others discuss where their tech spend is being directed.
Post Acquisition, Gresham Looks to Integrate Inforalgo to Improve CAT Offering
The vendor is streamlining its platform for reporting to the consolidated audit trail.
Siepe Builds out Middle Office Service
The investment management solution and cloud infrastructure provider is also planning to roll out a new risk management service.
Exchanges, SEC At Odds Over Odd Lots
Industry insiders warn that the regulator’s attempts to modernize equities data by redefining trading lots will fall short of the mark if odd lot orders remain unprotected.
RFA Taps AI for Managed Data Services Platform
Cloud data platform includes fully managed warehousing, ingestion, and analytics, with AI-enabled security functions.
Confluence Completes StatPro Integration, With Cloud Push on Horizon
The combined entity is pushing toward becoming a fully cloud-native, cloud-enabled platform.
Trading Technologies Preps September OMS Launch
The anticipated replacement for its X_Trader platform will share a tightly integrated ecosystem with its EMS, and will debut a raft of new order handling features.
Market Participants Worry that CFTC Can’t Safeguard Data
The US derivatives regulator should let the responsibility for the storage of sensitive data fall on regulated firms, committee hears.
Wavelength Podcast Ep. 204: Nasdaq on Cloud Strategy
Nikolai Larbalestier, head of cloud strategy at Nasdaq, joins the podcast to talk about cloud computing and cloud adoption.
TruFactor Aims to Capture Buy-Side Clients
After launching last year with the intent to service telecommunications companies, the alt data provider is looking to carve out a niche in finance.
Finos Targets Retail Banking
The open-source nonprofit is looking to leverage its capital markets membership to expand its footprint.
MarketAxess Looks to Give Dealers Additional Axe Control
The tool allows dealers to stream axes to clients with customizable control over visibility.
Dash Plans Redesigned OEMS Release for Q4
Blaze 7 will feature an enhanced, integrated suite for options volatility traders.
A Conversation with Jim Jockle, CMO of Numerix
Victor Anderson catches up with Jim Jockle, chief marketing officer and executive vice president of global marketing & corporate communications at Numerix.
Lazard Asset Management Revamps Data Model to Reflect Covid-19 Reality
The firm developed a short-term data strategy to avoid the use of unreliable data and better understand the effects of the pandemic on the market as it evolves.
This Week: BNY Mellon, ASX, DTCC, SteelEye/UnaVista & More
A summary of some of the past week’s financial technology news.
Trading Venues Face Resilience Test in Covid-19 Pandemic
Software testing and monitoring keeps market infrastructure a step ahead amid market volatility.
CME’s Reg Reporting Rollback: A Sign of What’s to Come
Sources say the exchange group’s scaleback is a result of pricing wars, unsustainable business models, and the realities of commercially supporting a regulatory reporting business.
Data Integration, Interop Drive State Street’s Alpha Platform Strategy
The bank and Charles River are planning the next phase of enhancements to the Alpha trading platform.