RegTech Insight Blogs The latest content from across the platform
NYSE Technologies, Bloomberg Offering Open Data APIs
This week’s formal roll out of OpenMAMA – aka the open source Middleware Agnostic Messaging API – from NYSE Technologies and friends (now officially hosted as a Linux Foundation project) means that trading firms and vendors now have a choice of open data APIs, the other being Bloomberg’s newly open BLPAPI. OpenMAMA – now at…
Multiple Repositories Expected to Emerge for Derivatives Trade Reporting
Regulations requiring derivatives trades to be reported to data repositories are looming in the US and not far behind in Europe, yet uncertainty remains about what exactly must be reported, which firms must report and how many data repositories there will be on a global scale. Debating the problems and opportunities of reporting derivatives trades…
SwiftRef Utility to Include LEI, Reference Data
Interbank messaging organisation Swift is suggesting that its SwiftRef payments reference data utility, which went live in January, will also host legal entity identifier (LEI) reference data when it becomes available later this year, and perhaps securities reference data as well. SwiftRef was conceived to fill a perceived market gap in accurate and up-to-date payments…
US Data Transparency Coalition Focuses on Federal Data in Capital Markets
The US Data Transparency Coalition (DTC) introduced last week to advocate for the standardisation of federal data published online, warns that without significant changes in electronic data creation and management capital markets remain open to a crisis on the scale of the 2008 collapse of Lehman Brothers. If that is a worst case scenario of…
Trading Technologies/MathWorks Partner for Data Intensive Quant Trading
Trading Technologies International, which develops trading systems for the derivatives markets, has partnered with MathWorks, developer of the Matlab data analysis and numerical computation package, to link the two systems so that data intensive quantitative trading algorithms can access realtime pricing and submit orders directly to markets. The Matlab Datafeed Toolbox leverages Trading Technologies’ XTAPI…
Q&A: OneMarketData’s Louis Lovas on Deep Data
OneMarketData has been building technology to process big data since way before the term even existed. Its customers actually need to process “deep data” – reliable and accurate data instances down to a granular level, stored over long periods of time. We spoke to OMD’s director of solutions Louis Lovas about deep data, and what…
Perseus Debuts Fastest Transatlantic Link; Takes Aim at Hibernia’s Planned Express
Perseus Telecom, in partnership with India’s Reliance Globalcom, has debuted what is now the fastest transatlantic cable, dubbed QuanTA, and says it has plans to match the expected speed of Hibernia Atlantic’s Express, which is slated for 2013 rollout. QuanTA leverages the FLAG Atlantic-1 North cable (FA-1) – operated by Reliance – which became operational…
Interactive Data Increases Transparency of Evaluated Pricing to Decrease Risk
Interactive Data has upgraded its Vantage web application for evaluated pricing transparency to Version 2.0. The upgrade offers a significant expansion of instrument coverage, from 125,000 securities in Version 1.0 to 2.8 million in Version 2.0, and improved compliance and risk management through greater transparency of the firm’s evaluated pricing in the fixed income market.
Taking Stock – The True Cost of Data
By David Renn, Principal Consultant, Citisoft The size of the data spend in financial services is astounding, but even more incredible is the lack of transparency and knowledge around these costs. Citisoft believes that the true cost of ownership of data is often unknown, inaccurate or poorly calculated. At a time when regulatory, client due…
S&P Capital IQ Invests to Bolster Valuation and Pricing Services
S&P Capital IQ has upgraded its fixed income transparency solution by reconfiguring and adding content and functionality to the platform behind its Valuation and Data portal. The upgraded service is intended to help users improve risk management while meeting accounting and regulatory requirements for independent and transparent valuations. The enhanced service was rolled out to…