TradingTech Insight Blogs The latest content from across the platform
Threadneedle Street Points to Importance of Scenario Analysis
Sarah Breeden, the Bank of England’s executive director for sustainability, last week called on all stakeholders to redouble efforts to curtail global warming, singling out the banking and insurance sectors as key pillars of change. In her grim assessment of the lack of progress in the achieving global climate targets so far, she outlined four…
CUSIP Global Services Enhances Products and Services to Improve Market Efficiency and Transparency
CUSIP Global Services (CGS) has implemented a series of product and service enhancements designed to improve the efficiency and transparency of financial markets. Provided at no additional cost to CGS customers, these improvements include an expansion of the standard CUSIP data field, the introduction of a series of counterparty risk reports, and infrastructure improvements to…
SteelEye Partners with Enfusion for Streamlined Order Management and Trade Supervision
SteelEye, the integrated surveillance solutions provider, has partnered with Enfusion, a provider of cloud-native investment management software and services, to provide joint clients with a seamless experience, allowing trade and order data from Enfusion’s investment management solutions to flow automatically into SteelEye’s integrated compliance platform, which recently integrated ChatGPT 4 for enhanced market surveillance capabilities….
FCA Sets Out Next Stages of Data Strategy
The Financial Conduct Authority (FCA) is advancing its data strategy after publishing an update in 2020, which set out a five-year plan designed to make the FCA smarter in its use of data and analytics. It has also established a joint programme with the Bank of England to transform how it regulates, with the aim…
No Question Too Small for Alt. ESG Data Startup Alygne
A startup that lets consumers check sustainability data on the companies and products that they patronise has also begun feeding its content to asset owners and investors. San Francisco-based alternative data provider Alygne emerged from “stealth mode” last week with two products: a mobile app for consumers and a data feed into FinTech Finastra’s investment…
Bloomberg Uses Native Connectivity to Make Data License and B-PIPE Content Accessible to Microsoft Azure Clients
Bloomberg has released a service providing high-performance data to Bloomberg Enterprise Data customers using Microsoft Azure. The service offers access to both real-time trading data and reference, pricing, regulatory and point in time historical datasets via native connectivity to the Azure Virtual Network (VNet). The service includes content from B-PIPE, which was initially made available…
Single Rulebook Teams with Linklaters for UK/EU Regulation Comparison Service
Single Rulebook has partnered with global law firm Linklaters to launch Law Compare, an online tool that helps lawyers compare and annotate UK versions of financial services legislation alongside the equivalent EU rules to manage the divergence of once-harmonised regulation. Law Compare has been developed by Single Rulebook for Linklaters in order to support in-house…
NICE Actimize Launches AI-Based AML Transaction Monitoring Platform
NICE Actimize has launched its Suspicious Activity Monitoring (SAM-10) solution, which uses AI techniques to apply multi-layered analytics to the AML transaction monitoring process. NICE Actimize reckons the approach is able to detect more suspicious activity while reducing false positives. SAM-10 is an upgrade to NICE Actimize’s existing AML solution, and forms part of NICE Actimize’s Anti-Money…
TNS Bolsters Global Presence with Acquisition of BornTec’s Managed Hosting and Colocation Services
Transaction Network Services (TNS), provider of mission-critical infrastructure, connectivity, market data and analytic services for the Financial Markets community, has announced the acquisition of the managed hosting and colocation business of BornTec, a real-time data analytics provider. The deal further expands TNS’s global connectivity footprint and builds on previous strategic acquisitions, including R2G and NetExpress….
Risks and Concerns with Generative AI – What Financial Institutions Need to Consider
By Jennifer Clarke, Head of Content, Global Relay. With use cases for AI becoming more commonplace, many compliance teams have begun to employ AI-driven tools to assist with ordinary tasks including regulatory change management and surveillance. However, as with most new technologies, as innovation around generative AI increases, various new risks and challenges emerge. Potential…