A-Team Insight Author: A-Team
Bloomberg and S&P Global Market Intelligence Launch Integrated Solution for Primary Bond Markets
Bloomberg and S&P Global Market Intelligence have unveiled an integrated solution aiming to streamline operations in the syndicated primary bond markets. The solution offers mutual clients of TSOX, Bloomberg’s fixed income execution management system (EMS), and S&P Global Market Intelligence’s InvestorAccess platform, a comprehensive and optimised workflow for primary markets. The system ensures portfolio managers...
GoldenSource Offers Native App to Accelerate Data Onboarding and Analytics in Snowflake Platform
GoldenSource is finalising a Snowflake Native App that will be available alongside the company’s data warehouse schema in the Snowflake Data Share. By moving the GoldenSource schema into the Snowflake cloud data platform, dispersed datasets can be mapped together, delivered in an easy-to-understand format, and sliced and diced by market participants within Snowflake. This should...
SteelEye Reports Increasing Demand for Integrated Surveillance as Regulatory Crackdown Continues
Demand for integrated trade and communications surveillance among financial institutions has surged by 100% this year following heightened regulatory scrutiny across financial markets, according to recent research by SteelEye. The company’s 2023 Annual Compliance Health Check Report, which surveyed more than 300 senior financial services compliance and risk professionals, found integrated surveillance is now a...
Time for Better Tech as Firms Fail to Tackle Trade Fails
By Alistair Griffiths, Director of EMEA Sales, Baton Systems. The drive to innovate is a fundamental human characteristic. However, when I look at certain areas of global financial markets, it feels like we are going backwards, rather than progressing. According to a recent ECB report, settlement fail penalties cost T2S firms over €1.5billion in 2022...
Leveraging Technology to Modernise Trading Platforms
At the A-Team Group’s recent TradingTech Briefing New York, the opening panel session was on the subject of “Modernising trading platforms”, where the discussion, moderated by Andrew Delaney, A-Team Group’s President & Chief Content Officer, centred around how to leverage interoperability, technology and outsourcing to differentiate and create a best-in-class trading platform. Panelists Nikhil Singhvi,...
LIBOR Transition – The Final Countdown, and Why Data is Key
By Jim Mahn, Global Head of Product, TraditionData. With the USD London Interbank Offered Rate (LIBOR) scheduled to be phased out by June 30th this year, its remnants have the capacity to cause disruptions as derivative contracts based on LIBOR will most likely still exist. Allied with the present economic conditions and the market volatility...
Obstacles to Cloud Adoption
By Mike Powell, CEO, Rapid Addition. We’ve already talked about what’s driving capital markets’ growing interest in cloud technologies, and discussed what the real world currently looks like, in earlier blogs (here, here and here). But practitioners accept that the journey to cloud isn’t entirely an easy one. Even for committed capital markets protagonists, cloud...
Trading Technologies Unveils New TT FX Unit and Appoints Industry Veteran Tomo Tokuyama as Head
Trading Technologies International, Inc. (TT), provider of technology platforms for global capital markets, has unveiled a new foreign exchange business unit, TT FX. The company made the announcement at the outset of the FIA International Derivatives Expo (IDX) in London, appointing Tomo Tokuyama, a seasoned FX trading expert, as the head of the newly established...
Debut ISSB Standards May Usher New Era of More, Better ESG Data
Next week, the International Sustainability Standards Board (ISSB) is due to release the first of its proposals for non-financial disclosures, an event that could usher a new era for ESG data and reporting. The ISSB’s creation by the IFRS Foundation at COP26 in Glasgow, Scotland, two years ago offered the promise of a global framework...
ESMA Data Strategy Proposes More Tech, Less Cost in Reporting Compliance
The European Securities and Markets Authority (ESMA) has published its data strategy for 2023 to 2028. Key agenda points include using new data-related technologies, reducing reporting compliance costs for regulated entities, enabling effective use of data at both EU and national level, and making data more broadly available to the public. The five-year ESMA data...