A-Team Insight Blogs The latest content from across the platform
TradingScreen Partners BIDS Trading
TradingScreen, and all-asset class OEMS provider, is partnering BIDS Trading, a large block trading ATS by volume in the US and the technology behind Cboe LIS in Europe, to give the buy-side access to BIDS liquidity in the US and Cboe LIS’ liquidity pool in Europe. The partnership will benefit market participants with quicker execution…
Derivatives Service Bureau Conducts User Survey on Fee Model
The Derivatives Service Bureau (DSB), which issues International Securities Identification Numbers (ISINs), Classification of Financial Instrument codes (CFIs) and Financial Instrument Short Names (FISNs) for OTC derivatives, is conducting a user survey, and establishing an Agreement Forum as part of its 2019 industry consultation milestones. The initiatives have been set up to ensure continued industry…
OpenFin Moves into the Cloud to Offer a Turnkey App Store
OpenFin has moved into the cloud to provide financial services firms with turnkey app stores and workspace management. The move builds on the OpenFin operating system that allows interoperability between desktop apps and is designed to deliver value to users quickly, accelerate time to market and facilitate digital transformation programmes. The company had been considering…
Industry Players React to FCA Concerns Around MiFID II and PRIIPs Disclosure Requirements
The Financial Conduct Authority (FCA) last week published key findings from a supervisory project to assess the effectiveness of disclosure by asset managers and intermediaries on the back of MiFID II and PRIIPs reforms – warning against non-compliance for asset managers failing to disclose all associated costs and charges. However, the findings have provoked strong…
FCA Chief Predicts Cost Savings of up to £1bn from MiFID II Research Unbundling
In his keynote speech on MiFID II at the European Independent Research Providers Association on February 25, UK Financial Conduct Authority (FCA) CEO Andrew Bailey praised the impact of the MiFID II research reforms, but stressed that independent research providers could not force asset managers to acquire their services, and warned that the FCA does…
Refinitiv Partners with Liquid Inc for KYC in Japan
Refinitiv has announced a new partnership with Japan’s Liquid, Inc. to streamline the electronic Know Your Customer (eKYC) process for the Japanese market. The agreement will combine the screening capabilities of Refinitiv’s World-Check One solution with Liquid Inc’s biometric authentication service, LIQUID eKYC, to help financial services providers improve their customer on-boarding and transaction capabilities. Liquid, Inc. will incorporate the risk screening…
Danske Bank Implements AIM Data Portal to Centralise and Optimise Reference Data
Danske Bank is implementing AIM Software’s GAIN Data Portal to centrally source, monitor and optimise the bank’s reference data and snapped prices from a leading data provider. Subject to requirements, the bank will broaden data coverage with additional vendors. Danske Bank was looking for a solution that would help it stage and distribute its data…
Fonetic Hires ex JP Morgan and Apama Execs to Drive Global Expansion
Fonetic, a provider of voice processing, compliance and surveillance technology, has made two hires across Europe and North America in response to demand for voice surveillance systems. Thomas Dinneny, former head of trade surveillance at JP Morgan, will be responsible for driving strategy and new business in the Americas, while industry stalwart Tony Foreman, who…
State Street Names Lou Maiuri as Chief Operating Officer
State Street has named Lou Maiuri, previously head of the firm’s global markets and exchange businesses, as chief operating officer. In this role, he will have overarching responsibility for State Street’s IT, global delivery, global exchange, Charles River Development and product teams. Maiuri will continue to serve on State Street’s management committee and report to…
Bloomberg Adds Alternative Data to Bloomberg Enterprise Access Point
Bloomberg’s push into alternative data puts providers including Thasos, Apptopia, TipRanks, PredictWallStreet, RS Metrics, Orbital Insights, OWL Analytics, Predata, Evaluate, 280First and Symphony Pharma on its data website, Bloomberg Enterprise Access Point. Launched in 2018, Bloomberg Enterprise Access Point is an online linked data platform that provides normalised reference, pricing, regulatory, historical and now alternative…