Data
BNY uses proprietary data store to connect disparate applications
Internally built ODS is the “bedrock” upon which BNY plans to become more than just a custodian bank.
Removal of Chevron spells t-r-o-u-b-l-e for the C-A-T
Citadel Securities and the American Securities Association are suing the SEC to limit the Consolidated Audit Trail, and their case may be aided by the removal of a key piece of the agency’s legislative power earlier this year.
Waters Wavelength Ep. 295: Vision57’s Steve Grob
Steve Grob joins the podcast to discuss all things interoperability, AI, and the future of the OMS.
In a world of data-cost overruns, inventory systems are a rising necessity
The IMD Wrap: Max says that to avoid cost controls, demonstrate the value of market data spend.
As NYSE moves toward overnight trading, can one ATS keep its lead?
An innovative approach to market data has helped Blue Ocean ATS become a back-end success story. But now it must contend with industry giants angling to take a piece of its pie.
The Waters Cooler: Big Tech, big fines, big tunes
Amazon stumbles on genAI, Google gets fined more money than ever, and Eliot weighs in on the best James Bond film debate.
Industry not sold on FIGI mandate for US reg reporting
Banks’ and asset managers’ tortured relationship with Cusip numbers remains tortured, as they tell regulators to keep the taxonomy in play.
Waters Wavelength Ep. 292: Fencore’s James Crosby
James Crosby joins the podcast to talk about the evolution of buy side tech and data decisions.
What hedge funds are missing about messaging
When a mere microsecond delay can impact the bottom line, hedge funds need high-performance technology stacks and infrastructure. Himanshu Gupta outlines four key considerations for a firm’s messaging architecture.
CBOE and Aquis to make bid for European equities tape
The challenger exchanges have plans to become the second public bidder for provider of the European equities tape, following EuroCTP’s incorporation last year.
FactSet unveils Data-as-a-Service offering
The vendor is introducing the suite of managed services for more efficient data management as emerging technologies, like GenAI, require more from datasets.
Footsteps in the dark: Private markets’ data quality “problem”
Data quality in the private markets is poor. But is this a quirk of the market or a problem that needs fixing?
Managing cloud costs comes down to putting controls in place
With cloud usage now pervasive throughout the capital markets, firms are focusing on stemming unintended costs.
Managed services under the spotlight
A report focusing on the advantages and possible drawbacks of taking on managed services, and outlining LSEG’s managed services strategy.
GenAI could connect ‘constellation’ of vital information technologies
At WFIC, Six Group’s Marion Leslie highlighted the opportunities and risks that the technology holds.
New working group to create open framework for managing rising market data costs
Substantive Research is putting together a working group of market data-consuming firms with the aim of crafting quantitative metrics for market data cost avoidance.
Balancing digital innovations with operational resilience
Many banks and financial services firms are pushing forward with digital innovation projects, seeking efficiencies and competitive advantage. But how can firms embed operational resilience as part of their transformation journey?
Back to basics: Data management woes continue for the buy side
Data management platform Fencore helps investment managers resolve symptoms of not having a central data layer.
Reading the bones: Citi, BNY, Morgan Stanley invest in AI, alt data, & private markets
Investment arms at large US banks are taken with emerging technologies such as generative AI, alternative and unstructured data, and private markets as they look to partner with, acquire, and invest in leading startups.
JP Morgan’s goal of STP in loans materializes on Versana’s platform
The accomplishment highlights the budding digitization of private credit, though it’s still a long road ahead.
Regulators recommend Figi over Cusip, Isin for reporting in FDTA proposal
Another contentious battle in the world of identifiers pits the Figi against Cusip and the Isin, with regulators including the Fed, the SEC, and the CFTC so far backing the Figi.