A-Team Insight Author: A-Team
Bloomberg sets target to be one-stop-shop for sustainability data
The last major independent data provider has set its sights on being the financial industry’s first port of call for ESG information. In the past few years Bloomberg has been leveraging its huge corporate and reference data pools to spin off a number of sustainability-related products. The New York-based company now sees itself as a...
Online Broker Axi Implements KX Insights for Data Analysis
Online foreign exchange broker Axi has adopted KX Insights, KX’s cloud-first, real-time streaming analytics platform, as part of its expansion plans. Axi will use KX Insights for capture, analysis and visualisation of enormous datasets in real time including market data quotes, customer trades, and derived calculations in the cloud. Axi says the deployment strengthen its...
Pico Launches 100 Gbps Corvil 10000 Performance Monitoring appliance
Markets technology and infrastructure provider Pico has released its new flagship appliance – the Corvil 10000 – which boosts the capacity of its performance monitoring and analytics capabilities to handle 100 Gigabits/second deployments. The development follows the release last spring of 100 Gbps capability for Corvil Analytics’ performance monitoring solutions, and is aimed at meeting...
Demand for muni ESG data is growing
Extreme weather, Covid and political unrest in recent years has focused investor attention on the ESG risks inherent in US municipal bonds. According to a recent survey by Bond Buyer, demand for information on muni issuers’ exposure to climate and other risks is growing. It found that 56 percent of 186 financial market participants and...
CUSIP Global Services seeks new owner as regulator requires S&P Global to divest the company to progress merger with IHS Markit
CUSIP Global Services (CGS) is looking for a new owner following the European Commission’s phase one approval of the $44 billion merger of S&P Global and IHS Markit. While the merger will create a financial data and analytics powerhouse large enough to challenge market leaders Bloomberg and the London Stock Exchange Group (LSEG), including Refinitiv,...
RIMES plans to pair cloud native data management platform with managed data services post acquisition of Matrix IDM
RIMES has stated its intention to acquire Matrix IDM, a Sydney, Australia-based provider of a cloud native investment data management platform. The combination of RIMES’ managed data services and the Matrix IDM platform will help asset owners, institutional investors and asset managers solve increasingly complex data problems and make better informed investment decisions. The deal...
Why it’s time to stop debating cloud in capital markets
By Mark White, Senior Manager – Financial Markets and Fintech, Telehouse. It’s a well-known fact that the finance sector has historically been hesitant in its adoption of cloud computing technology. Over the years, we have seen financial institutions struggle to define their cloud strategy, resulting in organisations not achieving objectives and delaying further attempts at...
BoE and FCA Plan Report on Impact of AI in Financial Services
The Bank of England (BoE) and the Financial Conduct Authority (FCA) have completed a one-year exploration into the deployment of artificial intelligence (AI) by financial institutions, and what implications this may have on the financial system, including the potential need for additional regulatory standards. The findings – from four quarterly meetings and a series of...
Clausematch Reaches 90,000-User Milestone at Early Adopter Barclays
Barclays has completed the rollout of Clausematch’s Policy Portal across the bank, reaching almost 90,000 employees globally, having adopted Clausematch as part of its inaugural Barclays Accelerator programme in 2014. The use-case may be seen as a benchmark for RegTech adoption, as many early-stage innovators struggle to gain a foothold at large enterprises like Barclays....
KPMG Adopts Quantexa CDI to Help Clients Combat Financial Crime
KPMG will deploy Quantexa’s Contextual Decision Intelligence (CDI) platform to help clients combat growing financial crime. By applying Quantexa’s contextualisation capabilities to clients’ data sets, the KPMG solution will allow customers to identify potentially damaging relationships between people, places and organisations, thereby offering protection against fraud, money laundering and terrorist and other illicit financing activities....