A-Team Insight Author: sharon
Prime Trading Implements Iress API Data and Trading Solution, Reducing Data Latency and Costs
Prime Trading, the privately held proprietary trading firm, has reduced its API data latency and costs as a result of implementing Iress’ API Data and Trading Solution, according to a recent announcement. As part of Prime Trading’s modernisation process, and to support its commitment to constantly seek out improvements for its end clients, the firm...
Denominator Helps Finbourne Plug the DEI Gap for Conscientious Investors
Anders Rodenberg, chief executive of social metrics and data provider Denominator, responds with his own question when asked why diversity, equity and inclusion (DEI) considerations should matter to investors. “Is it right that an asset manager who gets half their money from women should invest in companies that don’t have a single woman on its...
ESG Data Industry Welcomes Latest UK Disclosure Guidance
New ESG data recommendations by the UK’s accounting watchdog have been welcomed by leading data providers and users, who said the guidance provides a clear pathway to better sustainability disclosures. The Financial Reporting Council’s FRC Lab said its guidance on the production of ESG data was necessary because the sustainability data space was “less mature”...
Real-time and Always on: The Benefits and Challenges of Perpetual KYC
Monitoring risks to companies during the onboarding of clients can be time-consuming and costly. Nevertheless, it’s an essential effort, demanded by regulators and expected by stakeholders who want to ensure their investments are protected. By streamlining the process, the impacts of know-your-customer (KYC) monitoring on corporate bottom lines and productivity can be reduced. Technology has...
NeoXam Partners Xeotech to Provide Unified Data and Technology Solutions
NeoXam has partnered Xeotech, a vendor of data management services, to provide a unified data and technology approach designed to help clients achieve business agility, operational consistency, efficiency, and competitive advantage based on data. Xeotech was established in 2013 to bridge the disconnect between customers, data architects and enterprise solution developers. It provides a range...
Siege FX Launches NetFix, to Improve FX Fixing Workflows
Siege, the capital markets fintech and FX dark pool provider, has launched NetFix, a new service designed to improve workflows and reduce transaction costs around FX fixing times. By providing fully automated and anonymous matching, the new service aims to benefit buy-side and sell-side firms by providing earlier access to liquidity, zero information leakage and...
Are Professional Traders Ready to Board the Crypto Rollercoaster?
By Thomas Schmeling, Managing Director, CryptoStruct GmbH. With cryptocurrency daily volumes regularly topping $200 billion, trading strategies that exploit the sector’s volatility are increasingly attractive. Combine that with the imminent reduction in regulatory headwinds, and it’s not surprising that professional proprietary trading firms have begun taking crypto seriously. But gearing up to access various crypto...
Txtsmarter Completes Series A, Names Green as New CEO
Messaging surveillance specialist Txtsmarter has completed its Series A funding in a round led by Carolina Financial Group, a North Carolina investment bank. The company also used the occasion to appoint a new CEO, Edward Green, who succeeds Nuri Otus, who has left the company. Txtsmarter will use the unspecified funds to expand its services...
Data Management Reaches Tipping Point
As the pipeline of information being generated or bought by financial institutions continues to increase at an astonishing rate, it has become essential to implement structures that ensure data is properly ingested and stored, and is accessible in a way that can fully realise its value. “For a long time, firms have taken a tactical...
Clarity AI Partners With BlackRock’s eFront on ESG Analytics for Private Investors
Sustainability tech company Clarity AI has begun providing analytics to private equity investors to meet growing demand for ESG data and analysis from the alternative finance sector. The New York-based company will leverage its sustainability data on about 30,000 firms to create sustainability benchmarks for use by private investors on BlackRock’s eFront platform. Clarity AI...