Data Management Insight Blogs The latest content from across the platform
New Gold Dream: A Consolidated Tape for European Bond Prices
Everybody wants it, somebody should build it, anybody could build it, yet nobody wants to pay for it. The story of Europe’s consolidated price tape for equities, first mooted under the original 2007 Markets in Financial Instruments Directive (MiFID) is a logical conundrum, in part because regulators are predetermining market structure where no commercial imperative…
Silverfinch Extends Data Model to Deliver PRIIPs KID Compliance Solution
Silverfinch has extended the data distribution utility it developed for the look-through element of Solvency II to provide a data exchange capability that meets the requirements of the forthcoming Key Information Document (KID) regulation for Packaged Retail Investment and Insurance Products (PRIIPs). The regulation comes into force on January 1st 2017 and requires PRIIPs manufacturers…
Talking Intelligent Trading with Andrew Delaney: Is Thomson Reuters REDI to Return to OMS/EMS Space?
One tidbit doing the rounds at our highly successful Intelligent Trading Summit in New York last month was Thomson Reuters’ imminent acquisition of Redi Global Technologies, the OMS/EMS business originally launched by Spear, Leeds & Kellogg then spun off by SLK owner Goldman Sachs to a consortium of investment bank owners, including Bank of America,…
Talking Intelligent Trading with Andrew Delaney: LME Relocates Matching Engine to Interxion’s LON-1
In something of a coup for data centre operator Interxion, the London Metal Exchange will switch the primary site for its LME Select matching engine to Interxion’s LON-1 data centre near Brick Lane, effective October 1. LME has recently gone live at LON-1 with its secondary LME Select engine, which is based on upgraded infrastructure…
SAP and AxiomSL Combine SAP HANA with AxiomSL Regulatory Reporting Platform
SAP and AxiomSL have integrated the SAP HANA in-memory database and AxiomSL regulatory reporting platform to deliver a solution that is fast to implement and lowers the cost of regulatory reporting for SAP HANA users. The integration is AxiomSL’s first with another vendor product and is part of a strategic move to integrate the company’s…
Talking Intelligent Trading with Andrew Delaney: A Glimpse into the Mysterious World of ION Trading
Financial Technology Partners’ announcement this month of its client Carlyle Group’s recent $400 million acquisition of a ‘minority stake’ in ION Investment Group offered an interesting glimpse into the capabilities of the secretive Irish trading technology specialist. The FTP announcement, issued on June 3, quoted Cam Dyer, managing director of Carlyle’s Global Technology, Media and…
DTCC Data Products Adds Liquidity Coverage Ratio Data Service
DTCC has developed a Liquidity Coverage Ratio (LCR) Data Service that will be available later this month and delivered as a data-as-a-service solution by DTCC Data Products, a centralised market data provisioning service set up a year ago to allow faster and smarter access to DTCC data. The LCR Data Service is designed to help…
OFR Runs Challenge Series to Solve Problem of Matching Entity Identifiers
The Office of Financial Research (OFR) is running a series of challenges designed to develop automated technologies that could solve the problem of matching entity identifiers from different sources and, in particular, make it easier to link entity identifiers from diverse sources to the Legal Entity Identifier (LEI). Results of the first challenge will be…
Jonathan Clark to Leave Citisoft and Join Pentagon Consulting
Jonathan Clark will leave Citisoft, the buy-side consultancy he cofounded 30 years ago and sold to Tech Mahindra in 2005, at the end of this month and take up the role of CEO at Pentagon Consulting Group, also a buy-side specialist, at the start of next month. At Citisoft, Clark and his colleagues grew the…
Redline Adds Eurex EOBI Order Book Support To its Fast Market Data Solution
Underscoring the important role of Eurex to European markets in general, Redline Trading Solutions has added a feed handler using Eurex’s Enhanced Order Book Interface (Eurex EOBI) protocol. The EOBI interface offers faster access to Eurex order book data, helping firms to respond more rapidly to changes on Eurex whether they are trading in the…