A-Team Insight Author: A-Team
Bloomberg Plans to Withdraw SSEOMS and Exit the Equities OMS Market
Bloomberg is planning to withdraw its Sell-Side Execution and Order Management Solutions (SSEOMS) and pull out of the equities OMS market, although it will continue to focus on other customer priority areas in equity markets where it has strong offerings. The company has declined to provide details of its decision to quit the equities OMS...
Refinitiv Banks on Silver Lining as Cloud Delivery Features High on Trading Product Agenda
As it comes to terms with its new ownership under Blackstone Group, Refinitiv is continuing apace with its long-stated aim of incorporating cloud into its delivery options for the trading environment. Acknowledging that not all trading-related data and activities are appropriate for cloud, the company is deep into its programme to offer cloud delivery where...
Catena Ramps Up SFTR Reporting with UnaVista
Catena Technologies this week announced an extension of its collaboration with UnaVista, part of London Stock Exchange Group, to help firms prepare and comply with Securities Financing Transactions Regulation (SFTR) transaction reporting. Catena has extended its membership of UnaVista’s Partner Programme to include SFTR. This will enable its customers to automate trade reporting submission and post-submission...
DoubleEdge Partners with Insightful Technology to Tackle Data Compliance Challenges
Following the recent relaunch of its flagship Software-as-a-Service (SaaS) solution Soteria in April, Insightful Technology today announced a new venture with longstanding partners DoubleEdge, specialists in communications compliance, to tackle issues around the consolidation of data, vendor and technology silos for effective data compliance, surveillance and risk mitigation. “To date, financial firms have coped with...
Bloomberg to Quit KYC Business
Bloomberg is planning to exit the Know Your Customer (KYC) market and withdraw its Entity Exchange KYC and client onboarding solution, as well as its Entity Intelligence screening service. The company has declined to discuss its reasons for quitting KYC and exactly when it will do so, but in a highly competitive market it seems...
Vela Teams Up with Enyx to Deliver Ultra-Low Latency Solutions
Vela, a trading and market access technology provider, has partnered with Enyx, a developer of ultra-low latency products, to provide its clients with access to Enyx’s field programmable gate array (FPGA) technology, initially focused on ultra-low latency market data solutions. The firms have completed a proof of concept integrating the Enyx nxFeed, an ultra-low latency...
SIX and Eagle Investment Systems Expand Alliance to Include Sanctioned Securities Monitoring Service
Switzerland-based data provider SIX and Eagle Investment Systems, a BNY Mellon company, today announced an expanded alliance to help Eagle clients source global sanctions data – building on an established relationship dating back to 2011. Eagle clients can now source sanctions data directly from SIX for use within Eagle solutions. The alliance will help to...
Global Data Standards are Essential Yet Elusive, So How Can Our Industry Help?
Global data standards and identifiers are essential to business growth, market stability and cost reduction. They are also challenging to implement in a technology environment characterised by data silos and at a time when standards differ across multiple jurisdictions and can lack clarity and specificity. Featured Download: An update on data standards and global identifiers...
FRTB Could Place Emerging Markets, Smaller Banks at a Disadvantage, Warns ISDA
A new report from the International Swaps and Derivatives Association (ISDA) released in April has warned that continued uncertainty around the implementation of the Fundamental Review of the Trading Book (FRTB) at a national level has the potential to place institutions in emerging markets at a material disadvantage compared to those in more developed economies....
ESMA Updates Information on MiFID II & MiFIR Transparency
The European Securities and Markets Authority (ESMA) in April updated its Questions and Answers regarding market structures and transparency issues under the Market in Financial Instruments Directive (MiFID II) and Regulation (MiFIR). The new Q&As provide clarification on topics including the determination of the turnover to be used for the average value of transactions (AVT)...