A-Team Insight Blogs The latest content from across the platform
DSB Opens Unique Product Identifier User Acceptance Test Environment
The Derivatives Service Bureau (DSB) has opened its Unique Product Identifier (UPI) User Acceptance Test (UAT) environment and associated Client Onboarding Support Platform (COSP). Go-live of the UPI UAT environment follows publication of mandates to report the UPI in the EU, UK, US and Australia, with additional jurisdictions expected to follow. The nine month UAT…
7RIDGE Acquires American Financial Exchange to Accelerate Growth and Enhance AMERIBOR Adoption
The American Financial Exchange (AFX), an electronic exchange facilitating direct lending and borrowing for American banks and financial institutions, has announced its acquisition by 7RIDGE, a specialised growth equity firm investing in transformative technologies for financial services. The acquisition, which closed last week, aims to accelerate AFX’s growth trajectory, expand its network of members borrowing…
Behind LSEG’s Strategic Partnership with Microsoft: An Exclusive Insight
Introduction In the last 18 months, a number of tie-ups between major exchanges and hyperscale cloud providers have been announced. In November 2021, the news of CME’s $1bn investment and 10-year strategic partnership with Google was quickly followed by Nasdaq’s partnership with AWS to build a cloud-enabled capital markets infrastructure. More recently, London Stock Exchange…
Alveo Extends ESG Data Offering with Morningstar Sustainalytics Content
Alveo has integrated Morningstar Sustainalytics’ ESG content into its cloud-based data mastering and data quality Data-as-a-Service (DaaS) solution. Combining the firms’ data and cloud data management capabilities provides customers with solutions that speed up integration of Sustainalytics’ content into clients’ workflows and business processes, and help business users self-serve. Content onboarded from Sustainalytics includes Sustainable…
Nasdaq Enhances Risk Technology Platform to Further Support Real-time Risk Management
Nasdaq has announced a series of enhancements to its widely-used risk technology platform, which helps the banking and broker-dealer community manage liquidity and market risk. The upgrades aim to assist firms in navigating extreme market conditions by providing a live view of risk across proprietary and client trading portfolios, along with detailed analytics to support…
Liquidnet Enhances Equities Trading Application with Actionable Alerts for Improved Execution
Liquidnet, the technology-driven agency execution specialist, has announced the integration of actionable alerts into its equities trading application, aiming to improve execution and alpha generation. The enhanced application is available to all US and Canadian clients and is powered by Liquidnet’s premium suite of algorithms. The new alerts enhance the application’s liquidity-seeking capabilities, offering traders…
Bloomberg Wins A-Team Group Award for Most Innovative Data Standards Initiative
Bloomberg has won the award for Most Innovative Data Standards Initiative in A-Team Group’s Innovation Awards 2023. The awards celebrate innovative solutions, projects and teams across vendor and practitioner communities that make use of new and emerging technologies to deliver high-value solutions for financial institutions in capital markets. Bloomberg’s data standards initiative, the Financial Instrument…
VoxSmart Raises $12 Million in New Funding
Surveillance technology supplier VoxSmart has raised $12 million in a funding round that includes ToscaFund and other existing investors. The latest raise is aimed at helping VoxSmart leverage the opportunity presented by the greater regulatory scrutiny of WhatsApp and other communications channels used by financial professionals. VoxSmart CEO Oliver Blower says the company has witnessed…
ESG Ratings Providers See Calls for Regulation Snowball
The knives are out for ESG rating firms. Often criticised for their lack of consistency in assessing companies’ sustainability and ESG performances, ratings providers are now the subject of regulatory scrutiny with UK officials last week saying such companies were failing green markets. The Financial Conduct Authority (FCA) said the opacity of the methodologies of…
Quantexa Secures $129 Million Funding to Drive Product Innovation and Global Growth
Quantexa, a decision intelligence and AI provider, has completed a $129 million Series E funding round. This investment secures the UK company’s unicorn status – a privately held startup with a value over $1 billion – with a valuation of $1.8 billion, and will accelerate execution of its growth strategy. The round was led by…