Data Management Insight Blogs The latest content from across the platform
DTCC Equity Kinetics Provides Insights into US Equity Markets
DTCC has introduced Equity Kinetics, a data services product providing institutional investors with a comprehensive market view of activity across all US equity trading venues. The data is ideal for quantitative market participants seeking insights to enhance their understanding of the US equities markets. DTCC Equity Kinetics facilitates analysis of US equity market activity by…
The Devil is in The Data: The Role of FMIs in Providing Data Services and the Importance of a Best Practice Approach
By Tim Lind, Managing Director, Data Services at DTCC In recent years, it has been claimed that data has eclipsed oil as the world’s most valuable resource. Financial market infrastructures (FMIs) are on a constant search for ‘new oil’ and the value of data is certainly on the list of new services they are developing….
Broadridge Offers Next-Generation Global Asset Servicing Solution
Broadridge Financial Solutions is gaining interest in a ‘designed by users for users’ solution that aims to address industry, business and operational challenges around global asset servicing. Developed with a global Tier 1 bank, and cloud and software-as-a-service (SaaS) enabled, the solution streamlines corporate actions, dividend and coupon processing across multiple asset classes, business lines…
ANNA Sets Up Benchmarks Task Force
The Association of National Numbering Agencies (ANNA), which is responsible for assigning ISIN, FISN and CFI codes, has set up a Benchmarks Task Force to develop the process of obtaining ISINs for referential instruments, in particular, indices and reference rates. The purpose of the task force is to enable collaboration between ANNA and global benchmark…
A Dive into the Detail of the Systematic Internaliser Regime Under MiFID II
The requirements of the systematic internaliser (SI) regime under Markets in Financial Instruments Directive II (MiFID II) became mandatory on September 1, 2018, meaning firms within the scope of the regulation must become SIs when they trade certain volumes in particular instruments, as set out by the European Securities and Markets Authority (ESMA). A month…
Refinitiv Sets Out Rationale Behind Closure of Wrexham Entity Data Processing Facility
Refinitiv’s proposal to close the Wrexham facility where it produces its Verified Entity Data as a Service – formerly the entity data service provided by Avox – looks like the beginning of a slippery slope as the company states that the proposal ‘has been made as we seek to focus our operations in fewer, larger…
Refinitiv Expands Access to Data Through Deal with Microsoft
Refinitiv, formerly the Financial and Risk business of Thomson Reuters, is planning to sweat its data assets through an agreement with Microsoft that will integrate Refinitiv financial and markets data in applications and services including Microsoft Excel, MSN Money and Bing. This breaks with the former Thomson Reuters tradition of supplying data through a pipe…
Data Management Practitioners Take Increasingly Dynamic Approach to Regulatory Compliance
Regulatory compliance continues to be a burden for data management practitioners working in capital markets, but approaches are changing as firms move towards managing reference data once for as many regulations as possible, adopt a utility model to ease the burden, or look to regtech solutions to support reporting. The ongoing challenges of compliance were…
Demand Derivatives Partners GMEX to Deliver Innovative Futures Exchange and Clearing House
Demand Derivatives, a creator of novel derivative instruments, and GMEX Group, a provider of exchange and post-trade technology solutions, are partnering to produce a US regulated futures exchange, RealDemand Board of Trade (RealBOT), and clearing house, RealDemand Clearing (RealClear). The partnership includes GMEX taking a minority equity stake in Demand Derivatives. RealBOT and RealClear are…
Blackstone Closes Deal to Take 55% Stake in Thomson Reuters Financial & Risk Business
Nearly nine months after Thomson Reuters signed a definitive agreement with Blackstone that would give the private equity firm a 55% stake and Thomson Reuters a 45% stake in the company’s financial and risk business, the deal is closed and the business rebranded as Refinitiv. With backing from Blackstone, Refinitiv plans to invest in a…