TradingTech Insight Blogs The latest content from across the platform
Traiana Embeds Duco Reference Data Reconciliation Technology in CreditLink to Support SEF Trading
Traiana has embedded Duco data matching and reconciliation technology in its CreditLink service to help customers reconcile client reference data when the Commodity Futures Trading Commission’s mandate for electronic trading of swaps on swap execution facilities (SEFs) comes into force in mid-February. The Duco technology uses sophisticated algorithms and fuzzy logic to reconcile reference data…
Markit Moves into the Front Office through Acquisition of thinkFolio
Markit’s acquisition of London-based portfolio management software specialist thinkFolio marks the company’s first move into front-office solutions, although it is not expected to be its last. The deal closed yesterday and while Markit declines to detail the cost of the acquisition, it has confirmed that thinkFolio’s 20 employees will transfer to the company, along with…
IXcellerate Adds TMX Atrium Connectivity to Moscow One Data Centre
IXcellerate has added TMX Atrium connectivity to its Moscow One data centre, bringing the total number of carriers connected to the centre to 10. TMX Atrium offers ultra-low latency connectivity services and in this case provides some of the lowest latency connectivity between Moscow and European financial centres including London, Frankfurt and Stockholm. A round…
BNY Mellon Selects Markit for First Phase of Enterprise Data Management
BNY Mellon Asset Management has turned to Markit for an enterprise data management solution that will initially be used to amalgamate, cleanse and validate index data, but could be extended to manage other types of data. The Markit Enterprise Data Management (EDM) platform was chosen after a competitive selection process and a detailed proof of…
Swift Builds Out Financial Crime Compliance Business with KYC Data Utility
Swift is pushing into compliance services for financial crime regulation with a dedicated business unit that is offering a Know Your Customer (KYC) data utility and planning additional solutions including business intelligence tools for regulatory compliance. A pilot of the Swift KYC Registry went live this week with a group of Swift member banks. The…
Regulatory Oversight Committee of the LEI System Endorses a Further Five pre-Local Operating Units
The Regulatory Oversight Committee (ROC) of the global Legal Entity Identifier system (GLEIS) made headway over the holiday season, endorsing a number of pre-Local Operating Units (LOUs) and listing national business registries that have confirmed there are no impediments to entities and pre-LOUs using their information as part of the reference data attached to each…
What Exchanges Must Do to Remain the Stable Trading Venues of the Future
The financial industry has long relied on exchanges to provide a stable infrastructure for financial markets. As self regulatory organizations (SROs), exchanges have been guided by regulations intended to protect their members and serve as the foundation of trading infrastructure. Not a small task. Yet, despite the great responsibility, over the years, exchanges have evolved…
Talking Intelligent Trading Technology with Andrew Delaney: Getting Smart About Trading
Welcome to 2014, and the launch in earnest of IntelligentTradingTechnology.com. As of today, I’ll be your host and editor as we explore how the convergence of high-performance technologies for low-latency trading and the emerging hunger for Big Data-type solutions converge to create the kinds of analytics heretofore unavailable to the pre-trade and at-trade environments. I…
Opinion: Dangerous Data
By Philippe Verriest, Director, Euroclear Data is a vital component of our capital markets. Ensure this data is accurate, and you have a solid basis from which to make considered business decisions. Get it wrong and you risk contaminating many parts of the transaction chain. If there is one lesson that the global financial crisis…
STAC Benchmarks GPUs for Options Risk Analytics
STAC has for the first time published results for its STAC-A2 options risk analytics benchmarks running on Nvidia graphics processing units (GPUs) that point to a near order of magnitude speed up compared to traditional x86 CPUs. STAC-A2 is a suite of benchmark tests developed by market participants that measure the time to complete the calculation of…