A-Team Insight Author: A-Team
ICE Launches Global Sanctions Monitoring Service
Intercontinental Exchange (ICE) has launched a sanctions monitoring service to help financial institutions comply with the increasingly complex landscape of global sanctions. The new service leverages ICE’s extensive data offering, cross-referencing and linkage capabilities to identify securities, entities and groups targeted by sanctions programmes. ICE’s sanctions data covers financial and economic restrictive measures against entities...
GoldenSource Releases Market Risk Factor Data Standard, Eases FRTB Compliance
GoldenSource, a provider of Enterprise Data Management (EDM) and Master Data Management (MDM) solutions, has created a market risk factor data standard. Called Curve Master Definitions, the standard seeks to provide investment banks with a single risk factor taxonomy for market rates required to price OTC derivatives, including the storage and aggregation of industry standard...
The Key to Unlocking Alpha: The Data You Didn’t Know You Needed
By Brandon Tepper, Senior Vice President and Global Head of Data at Nasdaq. Markets can be up or down, volatile or steady, good or bad. But what is consistent is that companies and investors need to make important data-driven decisions to properly navigate them. The difference between success and failure lies in what types of...
Snowflake Unifies Data and Extends Governance Capabilities in Data Cloud
Snowflake has eliminated data silos from Data Cloud by unifying data in a single data foundation that is secured by the company’s Horizon governance model. It has also enhanced Data Cloud to allow users to bring AI and app development directly to their enterprise data. “Snowflake’s latest innovations ensure that customers have the ability to...
Duco Releases Out-of-the-Box Data Controls to Accelerate Compliance with EMIR Refit
Duco, a SaaS provider of AI-powered data automation, has released pre-configured processes to help financial institutions meet the requirements of EMIR Refit, which comes into play on 29 April 2024 in the EU and 30 September 2024 in the UK, and includes additional reporting fields, the Unique Product Identifier (UPI) and Unique Trading Identifier (UTI)....
Exegy Introduces FPGA-Based FIX Protocol Support to Enhance Performance and Efficiency
Front-office trading solutions provider Exegy has integrated FIX protocol support into nxFramework, its FPGA-based development framework, aiming to reduce server resource consumption for FIX protocol processing by an estimated 10-20 times. In May last year, Exegy acquired Paris-based Enyx, a leading developer of FPGA-based, high-performance trading solutions. By leveraging their extensive expertise in FPGA technology,...
From BondGPT to BondGPT+: The Evolution of LTX’s AI-Driven Application
Earlier this year, LTX, a subsidiary of Broadridge Financial Solutions, launched BondGPT, an application driven by OpenAI’s GPT-4, designed to streamline corporate bond selection. Last month, the company announced the launch of BondGPT+, the enterprise version of the application, which contains a range of new capabilities. In this Q&A, TradingTech Insight talks to Jim Kwiatkowski,...
Investor Concern as Companies Found to be Ill-Prepared for ESG Data Assurance
Many companies lack the policies, skills and systems to ensure the ESG data they pass to investors and regulators is accurate and clean, according to a new survey. Just one in four companies questioned by KPMG in its inaugural ESG Assurance Maturity Index said they were confident they could provide assurance on their data, a...
Snowflake Cortex Simplifies Route to Deriving Value from Generative AI
Snowflake has unveiled Snowflake Cortex, an innovative managed service designed to simplify how organisations derive value from generative AI. The service provides access to large language models (LLMs), AI models, and vector search functionality in the Snowflake Data Cloud, and includes serverless functions that help users accelerate analytics and build contextualised LLM-powered apps within minutes,...
Unlocking the Potential of Relative Value Strategies in Fixed Income Trading
By Tommaso Di Grazia, Head of Fixed Income Product Development, ION Markets. In the complex world of fixed-income trading, relative value (RV) strategies have long been popular among brokers seeking to capitalize on market inefficiencies. These strategies can involve exploiting the mispricings identified by their customers in fixed-income markets globally. To do this, brokers execute...