TradingTech Insight Blogs The latest content from across the platform
How Often Do You Screen Counterparties for Risk?
An interesting recent poll about compliance shows that 45% of firms screen their counterparties for risk on a daily or weekly basis. But a quite significant 39% still screen only annually. A remaining 10% screen monthly or quarterly, and 6% just one-time only at on-boarding. We can only believe that the frequency with which firms…
Brett Hodge Leaves Avox for Fenergo Asia Pac
Brett Hodge has left his position as manager Asia at DTCC’s Avox to head up sales for Fenergo in its newly opened Asia Pacific operation. Brett will be based on sunny Sydney, Australia. This follows earlier expansion by the Irish company into Boston and New York at the start of the year. Fenergo’s CEO Marc…
ICE Targets Strategic Growth through Acquisition of SuperDerivatives
Intercontinental Exchange (ICE) plans to expand its market data, risk management and clearing operations through the acquisition of SuperDerivatives. The acquisition will be made through an all-cash transaction that puts a price tag of about $350 million on SuperDerivatives and is expected to close in the fourth quarter of 2014. The acquisition of SuperDerivatives follows…
Quincy Expands QED with Eurex Futures
Quincy Data has expanded its Quincy Extreme Data (QED) service with the addition of bond and equity futures from Eurex that will be distributed to data centres across the UK, New Jersey and Illinois. This is the first European data source to be added to the service, which already distributes data from eight US exchanges…
Talking Reference Data With Andrew Delaney: Back to School
Our five-year-old was stunned this morning when I told her she was starting school tomorrow, this after having spent weeks, nay months, in preparation – buying uniform, signing up for music lessons, selecting a lunchbox, choosing sandwich flavours and the like. Happily, she was thrilled with the news. I feel equally thrilled to be back…
The Seven Habits of Highly Successful Big Data Users – According to Forbes
We’re still grappling with just how to apply Big Data to the real world of financial data management. Interestingly, this article by Forbes’ contributor Adrian Bridgwater (@ABridgwater) takes the well-known book The Seven Habits of Highly Effective People by Stephen Covey and uses the seven-habit approach to apply to big data analytics for users, analysts,…
Exegy Extends MarketDataPeaks to Canadian Markets
Market data appliance provider Exegy has teamed up with TMX Datalinx, the information services division of TMX Group, and the Financial Information Forum (FIF) to deliver MarketDataPeaks.ca, a free web service providing real-time information about market data messaging rates across major Canadian exchanges. The service includes a daily chart that is designed to help market…
Etrali Develops Solution for Market Communication Requirements of MiFID II
Financial firms subject to MiFID II must tackle the problem of recording, retaining and providing access to market communications in order to comply with the regulation’s data retention requirements and satisfy any increased regulatory scrutiny of recorded calls and emails. Robert Powell, global head of compliance and product management at Etrali Trading Solutions, says many…
Tom Dalglish Joins SmartStream
Tom Dalglish has moved on from iGate Global Solutions to join SmartStream Technologies, where he takes the title of head of transformation services. In this role, Dalglish will use his reference data management expertise to manage transformation projects for post-trade processing and data management services for global clients. His initial responsibility will be to manage…
Opinion: “Big Data” Analytics will Play an Important Role in the Fight Against Payments Fraud
By Mike Urban, Director, Financial Crime Risk Management, Fiserv Fighting payments fraud has become one of the biggest challenges for financial organisations across the globe. In recent years there has been an explosion in both access channels and real-time payment methods meaning that monitoring financial transactions and ensuring that they are secure and legitimate has…