TradingTech Insight Blogs The latest content from across the platform

OpenFin Names Former Goldman Sachs MD Tim Dinsdale as CTO

OpenFin has named Tim Dinsdale, formerly a managing director at Goldman Sachs, as European chief technology officer. Dinsdale will report to OpenFin president and chief operating officer Chuck Doerr, and will be responsible for leading the firm’s technology efforts across the region, expanding OpenFin’s London-based development team and driving OpenFin’s interoperable desktop initiatives globally. He…

Liquidnet Acquisition of RSRCHXchange Extends Research and AI Capabilities

Liquidnet’s acquisition of RSRCHXchange, a marketplace and aggregator for institutional research, allows the company’s platform to deliver a new level of research and analytics into the global investment process for its institutional investor client base. It also furthers the company’s AI strategy. RSRCHXchange, a solution for unbundling, was created ahead of the introduction of the…

Effective Surveillance Can Only be Achieved with Communications Coupled with Market Data Analysis

By Ofir Shabtai, CTO and Co-Founder of Shield FC. Whilst enterprise software applications have proven effective at flagging up possible noncompliance events, once an exchange is flagged, it is largely down to the compliance team to follow through with the necessary investigation directly. With the considerable challenges of monitoring modern data-driven financial markets, it’s essential…

OpenFin Plans to Invest $17 Million Funding in Product Innovation, Geographical Expansion and Increased Headcount

OpenFin has secured $17 million in Series C funding, paving the way for further investment in its operating system for desktop app interoperability, geographical expansion and workforce. The funding was led by Wells Fargo Securities with other investors including Barclays Investment Bank and existing contributors such as Bain Capital Ventures, J.P. Morgan and Pivot Investment…

Genesis Accelerates Product Development by Adding Creative Studio to Microservices Framework

Genesis has added Creative Studio to its microservices framework with a view to accelerating development and deployment of scalable and interoperable products over the web, without the need to write code. The solution delivers web applications in hours, rather than weeks and months, expediting time to market. It does this by producing single-page web applications as…

BSO Acquires IX Reach

BSO’s acquisition of IX Reach adds a network covering over 170 points of presence (PoPs) across North America, Europe, Asia, the Middle East, and Africa, a customer base of over 300 carriers, ISPs, content providers and networks, strength in R&D, and a platform to develop new opportunities. The acquisition is the company’s third in 18…

ION Group has Acquired a Majority Stake in Acuris, the Latest in a Series of Acquisitions

ION Group’s acquisition of a majority stake in financial intelligence, data and analytics provider Acuris appears to underscore the importance of content as a potential differentiator for trading technology vendors. The acquisition – reportedly for $1 billion – builds on ION’s 2016 purchase of Dealogic, a financial analysis firm. Acuris provides business and market intelligence…

Anova Offers Fastest Known Market Data Service Between Chicago and New Jersey

Low-latency connectivity centred on the New Jersey Equity Triangle is hotting up with Anova Financial Networks planning to introduce what it claims will be the fastest commercially available delivery of normalised market data from the Chicago Mercantile Exchange (CME) to the New Jersey Equity Triangle of BATS, NASDAQ and the New York Stock Exchange (NYSE)…

How to Meet the Data Rules and Requirements of Fundamental Review of the Trading Book Regulation

Implementation of Fundamental Review of the Trading Book (FRTB) regulation is complex, demanding and time consuming, but can be achieved by setting priorities, working with external data vendors, and taking best practice approaches to the data management challenges presented by the regulation. A well-attended A-Team Group briefing hosted at the Glaziers Hall in London, Meeting…

Horizon Software Names Fabrice Fischer as Head of APAC Region

Horizon Software, a provider of electronic trading solutions and algorithmic technology, has named Fabrice Fischer as head of its APAC region. Fischer will focus on consolidating the company’s position in APAC, paying particular attention to high-growth markets in China and the ASEAN countries. Fischer has spent over two decades in financial markets and IT, working…