Alliances, Mergers & Acquisitions
ICE Buys TMC Bonds for $685 Million
The exchange has acquired the trading platform as it continues to pick up fixed-income assets.
Wavelength Podcast Episode 122: An Interview with Cboe's Chris Isaacson; GDPR Has Arrived
Cboe's CIO joins the podcast to discuss the exchange's tech migrations after the Bats acquisition, and Anthony and James give a primer on GDPR.
IHS Markit to Buy Ipreo, Sell Key Derivatives Unit
Vendor will reposition financial businesses with move into alternatives and away from derivatives processing.
Avelacom Adds Second Warsaw PoP for Low-Latency WSE Connectivity
The new PoP in Warsaw's Altman datacenter will allow clients to co-locate in the same facility as the Warsaw Stock Exchange and local market participants.
Numerix Deploys Oneview on OpenFin’s Operating System
Numerix is an early adopter of OpenFin’s push to create industry-wide desktop app interoperability.
Wavelength Podcast Episode 119: SS&C's Acquisition Plans; Data Privacy Concerns; May 2018 Features
After its eleventh-hour bid deal for Fidessa fell through, SS&C is back on the hunt for an acquisition (or acquisitions). Anthony and James speculate on what that could mean for the industry.
SS&C Flirts with Further Acquisitions after Fidessa
SS&C CEO Bill Stone said that the company is flush with cash after the failed Fidessa bid and will look to use it to continue its acquisition spree.
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.
Colt Taps NPL for Co-Lo Data, Trade Timing Info
The NPL timing data will help firms address regulatory time-synchronization requirements and competitive needs to avoid timing signal interference.
Metamako Buys xCelor’s Hardware Ops to Grow Switch Business
Officials say the deal will allow xCelor to focus on its network applications business, while Metamako will take over the provision of underlying switching technology, expanding its own FPGA switch business. Wei-Shen Wong reports.
BNY Mellon’s Eagle Inks Microsoft Cloud Deal
The two firms will collaborate to build a cloud-based data platform for investment managers.
Mosaic Looks to Outer Space for AI-Powered Surveillance
Partnership with European Space Agency will apply machine learning to financial markets.
IHS Markit Boosts French Presence with DeriveXperts Acquisition
Purchase of derivatives valuation provider bolsters derivatives data business and reach into French-speaking Europe.
Data Science Boom Drives FactSet to Launch Alt Data Marketplace
In response to client demand, FactSet is making "alternative" datasets from a select range of partners available via its datafeeds, alongside its proprietary data.
Baymarkets Splits into Two Companies Covering RegTech and Clearing
The two new firms, Reg&Tech and Baymarkets, will focus on regulatory technology and clearing solutions, respectively.
Symphony Raises $67M More for Platform Expansion
Symphony CEO David Gurle explains how the vendor plans to use its latest funding round.
Waters Wavelength Podcast Episode 116: The Perils of Bitcoin; SS&C and Ion Move in on Fidessa
Anthony and James look at some of the negative effects of bitcoin mining and take a quick look at Fidessa’s new suitors.
Waters Wavelength Podcast Episode 115: The CME Buys NEX Group
Anthony and James discuss the potential ripple effects stemming from this latest deal in the fixed-income space, fintech investment and Brexit.
QI, Predata Ally to Create Predictive Macro Analytics
Quant Insight is collaborating with Predata to offer a macro view that allows traders to develop strategies based on world events and market drivers.
NEX CEO Sees Opportunity for Opportunities after CME Deal
Executive says he expects CME group to continue investing in fintech startups after takeover.
Thomson Reuters Adds MSCI’s RiskMetrics Tools to Eikon
Officials say Thomson Reuters clients have consistently asked for access to RiskMetrics' models within hte Eikon desktop.
Sentieo Raises $6M Seed Funding for Expansion
San Francisco-based data and research platform Sentieo has raised $6million in seed funding from institutional and individual investors to help the company expand its product offering and accelerate international growth plans.
Confluence to Seek Acquisitions Following Majority Investment
TA Associates’ majority investment deal with Confluence includes a push toward inorganic growth.
The Insurgents: Fintechs Are Knocking Off Incumbents
Anthony Malakian says that in just the first two months of 2018, some big headlines are proving just how effective fintechs are at competing with the big players in the capital markets space.