TradingTech Insight Blogs The latest content from across the platform
BNP Paribas Offers Buy-Side Clients Fidessa-Based Derivatives Workstation By Uri Inspector, Staff Reporter
Fidessa has signed a distribution partnership with BNP Paribas to make its GT platform available to the bank’s institutional clients. Under the agreement, BNP will distribute Fidessa’s futures and options order management system as part of as Cortex Listed institutional trading platform to buy-side clients across all regions. The partnership results from increasing demand from…
Datactics LEI Match Engine Provides Free LEI Health Check Service
Datactics is offering a free LEI health check service that helps banks and asset managers ascertain the data quality of company information they hold in a legal entity master. The release of the service could not be better timed, with the MiFID II requirement for all counterparties to transactions to have a valid LEI coming…
How to Maximise Datasets Created by MiFID II
MiFID II generates about three trillion new data points, begging the question of how financial institutions will maximise their use of new data sources created by the regulation. But how useful is the data six months into MiFID II, what challenges does it present, and will there be winners and losers among firms that can…
Derivatives Service Bureau Names Members of Technology Advisory Committee
The Association of National Numbering Agencies’ (ANNA) Derivatives Service Bureau (DSB) has named members of its newly formed Technology Advisory Committee (TAC). The TAC has been set up to provide guidance and recommendations to the DSB Board on technology implementation and investment to support the DSB role as a critical market infrastructure providing International Securities…
ITRS Adds Capacity Planning Capability Through Acquisition of Sumerian
ITRS Group has concluded a nine-month partnership with Sumerian, which developed ITRS Insights Capacity Planning, with the acquisition of the firm. The acquisition combines ITRS’ real-time monitoring software with Sumerian’s predictive capacity analytics to help financial institutions save money on under-used resources, while quantifying business risks and avoiding outages. The solution takes large-scale data from…
TORA Partners Trax to Support MiFID II Trade and Transaction Reporting
TORA has extended its provision of MiFID II solutions through a partnership with Trax, the European market data division of MarketAxess. The partnership will combine TORA’s order and execution management system (OEMS) with the Trax regulatory reporting engine to provide users with straight through processing for the trade and transaction reporting requirements of MiFID II….
GMEX and Digital Asset Group JV Bridges Traditional And Emerging Technologies
GMEX Group and Digital Asset Group (DAG) have created a joint venture designed to bring together the practices of regulated banking, finance and exchanges with emerging technologies including blockchain, distributed ledger and artificial intelligence. The collaboration between DAG, provider of a crypto platform, and GMEX, provider of multi-asset exchange trading and post-trade solutions and technology,…
Trading Technologies Adds RCM-X Automated Execution Algos to Trading Platform
Trading Technologies (TT) has added RCM-X’s automated execution algorithms to its trading platform. The seven RCM-X algo strategies cover TWAP, VWAP, IS (implementation shortfall), POV, CLOSE, SCALEPOV and ICEBERG for advanced trade optimisation and execution. Algo parameters, such as exceeding percentage of volume, maximum participation and passive price level, are accessible directly from the TT…
IRTA and The Disruption House Partner to Push Forward RegTech Adoption
The International RegTech Association (IRTA) and The Disruption House (TDH) have partnered to support accelerated adoption of regtech solutions in financial services. The partnership gives IRTA members access to the TDH Scorecard service at a discounted rate. The scorecard service provides independent, detailed analysis on a company and its technology, together with analytical commentary on…
GDPR Week One: Outstanding Data Management Challenges and a Quick Start Solution
The May 25, 2018 deadline for General Data Protection Regulation (GDPR) may have come and gone, but the compliance journey is only just beginning as firms review systems built to get them over the line and plan more robust and sustainable solutions that can support a cost-efficient response to data subject access requests and accommodate…