RegTech Insight Blogs The latest content from across the platform
Thomson Reuters Puts Onus on Management to Improve Performance
Thomson Reuters is pinning hopes for growth in its Financial & Risk business on the management team formed early this year under the auspices of president David Craig, and a change in attitude to Eikon – no longer a strategy, instead one of many products. The late 2011 shake-up and reorganisation of Thomson Reuters that…
Exchange Co-Lo Update: CME, Nasdaq
The last week or so has seen significant action in the world of exchange co-location – a space (excuse the pun) that as a whole is hotter than ever – with happenings at CME Group and Nasdaq OMX. The news – though there was no actual news release – from CME Group was the planned…
Q&A: Alice Botis of Fidessa on Latam Trading – Opportunities and Challenges
Electronic trading in Latin America continues to be a hot subject, with action moving beyond Brazil to other countries. IntelligentTradingTechnology.com spoke to Fidessa’s head of business development for the region, Alice Botis, to get an update, and a handle on low-latency initiatives in the marketplace. Q: Can you start by some scene setting – where…
Bloomberg Ups the Open Ante
For those of you who have viewed Bloomberg’s moves towards openness to date with a sceptical eye, today’s announcement that it is making its Bloomberg API available to all – free of cost or restrictions – may force a rethink. Making the API – known among friends as BLPAPI – available to potentially competitive market…
Demand for Data Management Driven by Risk and Regulation
Cadis, the global EDM specialist, has secured 19 new global clients in 2011. These firms benefit from cleansed, validated and centralised data to feed into their risk, trading and compliance platforms. New notable clients include Prudential, ING, Loomis Sayles, Robeco, SCOR Global Investments and Indexium. “2012 will be the year of data overload for financial…
Let’s Try Again for a European Consolidated Tape
Before there was Turquoise, there was Boat. And Boat, you’ll recall, was the industry’s answer to the then-incoming regulation designed to ensure that pan-European equity trades were reported to a mechanism available to all in a standardized way. This was required because Europe’s markets were about to fragment, due to the introduction of multilateral trading…
Q&A: Certichron’s Tim Costello on Why It’s Important to Know the Time!
In low-latency electronic trading, and especially in an increasingly regulated world, being able to document transactions and especially exactly when they happen – in a way that is provable when disputes arise – could be crucial. But who has the correct time? That would be Certichron, says its director of sales Tim Costello, below in…
Lime Brokerage Rolls LimeDirect Pre-Trade Risk; Minimises Latency, Shuns FPGA Technology
Lime Brokerage has rolled out its LimeDirect pre-trade risk service – providing compliance for SEC rule 15c3-5 while adding minimal latency. But unlike competitive services, the offering – which Lime officials say is based on an “innovative blend of hardware and software” – does not leverage FPGA technology, because Lime technologists believe it is too…
MarkitSERV Starts Trade Data Feed to Global Repository for Interest Rate Derivatives
MarkitSERV, the most widely used electronic trade processing service for OTC derivative transactions, today announced that it is now transmitting confirmed trade records to the Depository Trust and Clearing Corporation’s (DTCC) new Global Trade Repository (GTR) for over-the-counter (OTC) interest rate derivatives. With clients’ authorization, MarkitSERV’s trade reporting system automatically transmits confirmed trade records to…
Thomson Reuters Launches Fixed Income Global Snapshot to Provide Greater Transparency and Flexibility to Investors
Thomson Reuters today announced the launch of a new evaluated pricing capability, the Fixed Income Global Snapshot (FIGS). By re-evaluating all non US fixed income securities with updated benchmark curves and credit spreads at both 3pm and 4pm, Eastern Daylight Time. FIGS will provide investors with updated, accurate fixed income evaluations and transparency they need…