TradingTech Insight Blogs The latest content from across the platform
Fonetic Fuses Trade and Communications Data to Deliver Automated Trade Reconstruction
Fonetic has fused information on completed trades with all the voice and text communications associated with the trades to deliver a linguistics-based automated trade reconstruction solution. Called ATR integra, the solution is powered by a proprietary algorithm and can replace time-consuming manual reconstruction processes with automated collection, analysis and matching of trade and communications information….
Global LEI Foundation and Regulatory Oversight Committee Address Data Quality and Hierarchy issues of Global LEI System
The Global Legal Entity Identifier System (GLEIS) is making significant progress as the Global LEI Foundation (GLEIF) makes operational improvements to the system and the Regulatory Oversight Committee (ROC) prepares a consultation paper on how hierarchy data can be added to the business card data already attached to LEIs. On the operational front, the GLEIF…
Thomson Reuters TRPS Plus Provides Transparency into Evaluated Pricing of Structured Notes and OTC Derivatives
Thomson Reuters continues to build out its pricing service with the addition of Thomson Reuters Pricing Service Plus (TRPS Plus), a DataScope Select service offering transparency into the evaluated pricing of structured notes and hard to value OTC derivatives. TRPS Plus follows the company’s April 2015 introduction of AskTRPS, a price challenge tool for fixed…
Nice Actimize Integrates with Alacra to Deliver Automated Customer Due Diligence Suite
Nice Actimize has pulled together its customer due diligence anti-money laundering software and Alacra’s Compliance Enterprise customer onboarding data platform to deliver the Actimize Customer Due Diligence (CDD) Suite, an enterprise solution that automates onboarding and ongoing customer risk profiles. The Actimize CDD Suite allows banks to manage CDD operations centrally and support multiple Know…
SS&C Technologies Gets Clearance to Acquire Advent Software
SS&C Technologies has been given the go-ahead for its acquisition of Advent Software by the US Department of Justice. The companies reached a definitive agreement on the $2.7 billion acquisition back in February and now expect the transaction to close in the third quarter of this year. The acquisition of Advent is one of 40…
DTCC Recommends Data Harmonisation Across Trade Repositories
DTCC has recommended that global trade repositories in the OTC derivatives market should harmonise 30 data fields that are critical to financial stability and systemic risk analysis. The company, which operates Global Trade Repository, the industry’s largest derivatives trade reporting service spanning nine jurisdictions, made its recommendations this week to the harmonisation working group overseen…
Talking Intelligent Trading with Andrew Delaney: Approaching the Low-Latency Endgame?
We’ve been tracking the developments in the high frequency trading technology space since the launch of Low-Latency.com in 2006 or thereabouts. Now retired and living near Heathrow – or rather, reincarnated as Intelligent Trading Technology – she watches with interest as the superfast aspect of our marketplace finally approaches the endgame, where physics finally says…
Mirror Blockchain-Based Trading Platform Gets $8.8 Million Funding
By Zoe Schiff The idea that blockchain technology can aid in the development of real world trading technology gained more credence this month with the news that Mirror – a trading platform operator formerly known as Vaurum – has received $8.8 million in Series A funding from investors led by Route 66 Ventures. San Francisco-based…
Broadridge Offers Multi-Tenant Managed Data Service with Focus on Data Quality
Broadridge has built on its experience of delivering managed services for reference data with the provision of a multi-tenant managed service that has a focus on data quality and is designed for both buy and sell side firms. The Broadridge Managed Data Service covers terms and conditions, pricing and valuations, and corporate actions data across…
Symbiont Sets Out Plans for its Smart Securities Technology
Symbiont is planning to issue its first private equity shares as smart securities on the bitcoin blockchain next month with a view to demonstrating its capabilities to financial institutions interested in programmable securities that are stored on a cryptographic distributed ledger called a blockchain. Beyond the demonstration, the company aims to offer a service based…