TradingTech Insight Blogs The latest content from across the platform
Quant Integrates with Make to Enable Automated Digital Asset Workflows
Quant, specialists in blockchain for finance, has integrated with automation software provider Make, to bring together Quant’s Overledger, a blockchain-agnostic API platform, with Make’s code-free automation software. The integration enables the creation of automated workflows for managing digital and tokenised assets, a process which traditionally requires substantial coding knowledge. By offering a more accessible, code-free…
Countdown to T+1: Market Readiness and the Push for Automation
As the North American T+1 settlement deadlines fast approach – 28th May 2024 for all US securities settled through DTC and 27th May for Canadian securities – the industry has been ramping up in preparation. And although the shorter settlement cycle promises to increase settlement efficiency, improve liquidity, decrease counterparty risk and reduce overall trading…
New DTCC Report Recommends Best Practices to Achieve T+1 Settlement Success
In anticipation of the transition to a T+1 settlement cycle in the US, the Depository Trust & Clearing Corporation (DTCC) has released a new report, “Hitting 90% Affirmation by 9:00 PM ET on Trade Date: The Key to T+1 Success”, which highlights the importance of automating post-trade processes to achieve success in the upcoming T+1…
Quincy Data Collaborates with NovaSparks to Enhance NovaTick with QED Feed Integration
Quincy Data, a division of McKay Brothers, has partnered with field programmable gate array (FPGA) market data technology vendor NovaSparks, to integrate the Quincy Extreme Data (QED) Feed into NovaSparks’ NovaTick ultra-low latency ticker-plant, which leverages FPGA matrix architecture to meet the high-performance demands of electronic trading platforms. The integration allows NovaTick to process the…
Genesis Global Unveils AI-Driven Data Services for Enhanced Bond Market Analysis
Genesis Global, the low-code application development framework provider, has introduced new AI-driven data services for the bond market within its platform, aiming to streamline how asset managers locate and trade primary bond issues. “Firms often face complexities in tracking new issues due to the varied channels syndicating banks use for disseminating deal terms and information,”…
Lab49 and interop.io Form Strategic Partnership to Enhance Trading Desktop User Experience
Lab49, the specialist technology consultancy owned by ION Group, has partnered with interop.io, the interoperability provider formed when Glue42 and Finsemble merged last year, to provides buy and sell-side firms with comprehensive access to interop.io’s suite of solutions together with bespoke professional services from Lab49. Together, the two companies aim to modernise the trading desktop…
Duco Names Michael Chin as CEO, Former CEO Christian Nentwich Remains as Board Member
Duco, an SaaS provider of AI-powered data automation, has named Michael Chin as CEO with immediate effect. He succeeds the company’s founder Christian Nentwich, who steps down as CEO after a tenure of over 10 years but remains as a board member. Duco was acquired by Nordic Capital in 2021 and has since accelerated growth…
Bloomberg Releases GenAI-Powered Earnings Call Summaries
Bloomberg has released AI-Powered Earnings Call Summaries, the company’s first generative AI (GenAI) product for terminal users. The tool enables users to decipher complex financial information and quickly extract key insights on topics addressed by corporate management teams, such as guidance, capital allocation, hiring and labour plans, the macro environment, new products, supply chain issues,…
The Evolution of Trading Technology in Private Debt Markets
By Christoph Gugelmann, Founder & CEO, TradeTeq. The landscape of trade finance and other private debt trading is witnessing a significant transformation, driven by advancements in primary issuance trading technology. Traditionally, trading in these financial instruments faced challenges due to high friction costs, making them difficult to transfer or trade. However, innovative solutions are reshaping…
Substantive Research White Paper Reveals Disparities and Sharp Increases in Wholesale Market Data Pricing
Substantive Research, a provider of research discovery and research spend analytics for the buy side, has published a White Paper detailing its latest findings on wholesale market data pricing. The report comes in anticipation of the UK’s Financial Conduct Authority’s (FCA) Wholesale Market Data Study, expected by 1 March 2024. The FCA initiated its study…