A-Team Insight Brief
Apptopia Launches MCP Server for AI-Driven Alternative Data Analysis
Apptopia has launched an MCP Server designed to enable investment analysts and portfolio managers to access and analyse its mobile app data directly through large language models including ChatGPT, Claude, Gemini, Perplexity and Copilot.
Rather than simply exposing raw alternative data through an API, Apptopia says its MCP incorporates analytical logic developed specifically for mobile data. The system examines eight to 13 quarters of year-on-year trends, selects metrics based on relevant company KPIs, triangulates trends across multiple dimensions and compares results with sector-level data.
The approach is intended to produce repeatable analysis while reducing the risk of misleading signals generated when LLMs interpret alternative datasets without sufficient domain context. Apptopia demonstrated the technology using Block’s Cash App, where segment-level analysis identified a contradictory signal that wasn’t apparent in the aggregate data.
Access is available to all Apptopia customers as standard across its plans.
Bloomberg Unveils CLO Data Service
Bloomberg has launched a collateralised loan obligations data solution, delivering reference datasets for market participants through the Bloomberg Data License.
The launch connects enterprise loan-level data with regulatory, liquidity and credit risk datasets.
“Bloomberg is making it easier for clients to understand how the security, its collateral and the corporate borrower fit together in one view,” said Maureen Gallagher, head of enterprise reference data at Bloomberg.
The system supports cash-flow modelling, risk assessment and tranche discovery while integrating with existing functions on the Bloomberg Terminal.
Users can access the information through the query language BQL, with future integration planned for the artificial intelligence tool ASKB.
J.P. Morgan Automates US Listed Options Matching with DTCC’s CTM
J.P. Morgan is now using DTCC’s CTM automated trade matching workflow for US listed options, targeting greater efficiency in commissions reconciliation and post-trade processing. The workflow is designed to increase straight-through processing by standardising trade matching and reducing manual reconciliation. CTM can automate the handling of commission breaks, removing the need for customised reports and file reconciliations between individual trading counterparties, while accelerating submissions to clearing.
Adoption of the US listed options workflow has grown since DTCC introduced the capability in 2023. Thirty-two buy-side clients are now live in production, while monthly matched volumes have increased 525% since July 2024. CTM also supports the Clearing Member Trade Assignment process with additional account and clearing broker information, enabling automated communication of allocation details and helping reduce clearing delays and mismatches.
Options Partners with ZutaCore on Liquid-Cooled Trading Infrastructure
Options Technology has partnered with ZutaCore to deploy high-density, waterless liquid-cooled compute infrastructure across its global financial services platform. The agreement gives Options clients access to ZutaCore’s HyperCool technology, a two-phase, direct-to-chip cooling system designed to support high-power processors while keeping water out of the IT environment. The companies say this can enable higher compute densities while improving efficiency and reliability.
Options plans to integrate the technology into its broader infrastructure offering as rising compute requirements create greater power-density and thermal challenges across financial markets.
While liquid cooling has gained prominence alongside AI infrastructure, Options also sees growing requirements across electronic trading, quantitative analytics, market data processing and real-time risk modelling as these workloads become increasingly compute-intensive.
Your Bourse Introduces Virtual Groups for Multi-Platform Routing
Your Bourse has introduced Virtual Groups, a new capability designed to simplify routing management for brokers operating across multiple connected trading platforms. The functionality allows brokers to combine native client groups from different trading servers into a single virtual grouping, enabling them to manage common routing requirements more centrally. Initial routing rules are configured on each relevant platform, after which additional native groups can be added to the Virtual Group from one location.
The approach is intended to reduce the need for brokers to maintain identical group-level routing configurations separately across multiple servers as their trading environments grow and change. Virtual Groups can be incorporated into routing configurations including hedging-related workflows. Your Bourse said the functionality is particularly suited to brokerages operating increasingly complex multi-platform infrastructures, where client groups spread across different servers need to follow common routing logic. The company has demonstrated the capability using client logins across MT4 and MT5.
Purple Group Launches Fintech Infrastructure Platform Hello Purple
Purple Group has launched Hello Purple, a fintech infrastructure platform designed to simplify the development and launch of financial products by providing access to technology and regulated financial capabilities.
Built on infrastructure developed across Purple Group’s existing fintech businesses, the platform brings together services spanning payments, trading and embedded finance. It targets entrepreneurs, developers and companies that would otherwise need to integrate multiple technology and payments providers and navigate potentially lengthy regulatory processes.
The platform is intended to give users access to financial infrastructure and capabilities that have traditionally required significant investment and specialist expertise, potentially reducing the barriers to bringing new fintech products to market. Alongside the infrastructure platform, Hello Purple will publish research into agentic finance, including testing of development tools, case studies of products built using the platform and analysis of the emerging ecosystem.
SOLVE Expands Fixed Income Data and Trading Workflow Tools
SOLVE has introduced a series of enhancements to its fixed income platform, spanning TRACE market data, structured credit workflows and relative value analytics. The new TRACE Data Product Suite brings reported trade activity into SOLVE’s MBS Source workflow alongside collateral characteristics, historical offers, BWIC results and other security-level information. Coverage includes agency and non-agency MBS and CMOs, ABS and CMBS.
SOLVE has also enhanced its BWIC Monitor to help structured credit desks manage multiple live bid processes. New features include shared security-level statuses, change tracking and inline notes, combined with dealer inventory, historical quotes and predictive pricing.
Further enhancements to SOLVE’s Relative Value Analysis provide persistent access to user-created and SOLVE-provided analyses within its Quotes platform. Users can also filter dealer axe indications by timeframe, side and source. The updates are designed to connect fixed income data, analytics and trading workflows more closely and reduce the need to move between systems.
FutureSports and MLB Pave Way for Team Performance Futures
FutureSports has agreed with Major League Baseball (MLB) to create rules-based financial indexes tracking the performance of each of the league’s 30 teams, potentially providing the basis for a new class of sports-related derivatives. Under the agreement, MLB will supply Official League Data for the creation of CME FutureSports Performance Indexes (FSPI). CME Group plans to list weekly, monthly and quarterly cash-settled futures based on the benchmarks, subject to regulatory review.
The play-by-play indexes will measure teams’ cumulative performance and are intended to provide instruments for both investment and hedging, including management of financial exposures linked to the business of professional baseball. FutureSports will independently determine, calculate and govern the indexes using transparent, rules-based methodologies. MLB will have no role in those processes.
FutureSports has previously developed similar indexes based on NHL team performance, with CME planning futures contracts linked to those benchmarks.
Smartstream Updates Reconciliation Service with Agentic AI
Smartstream is to introduce a new version of its Smart Reconciliations Premium updated with agentic artificial intelligence that investigates, progresses and resolves reconciliation exceptions autonomously under centralised governance.
This development follows market pressures such as compressed settlement cycles and rising audit expectations, the data solutions provider for financial institutions and enterprises said.
“This release puts AI underneath that foundation rather than beside it, so the platform no longer simply records and matches: it investigates, reasons, resolves, and learns, within boundaries our clients set and can evidence,” said Thomas Steinborn, chief product and technology officer at Smartstream
The release reduces total cost of ownership by 25% and increases throughput by 50% on existing hardware. It is built on four core principles – governance, return on investment, integration and trust – and follows previous versions that process more than 10 billion transactions monthly for global banks.
RCM Extends Use of NeoXam Services top Croatian Unit
NeoXam has extended its NeoXam Manager and NeoXam Compliance platforms to Raiffeisen Capital Management’s Croation unit Podružnica Hrvatska za upravljanje fondovima.
The deployment provides the Croatian branch with a platform for portfolio management and pre- and post-trade compliance monitoring, the software provider said.
The extension builds on a partnership with Raiffeisen Capital Management, one of Austria’s largest asset managers, which has used NeoXam Manager and NeoXam Compliance across its Austrian operations.
“Our long-standing relationship with NeoXam and our positive experience with both NeoXam Manager and NeoXam Compliance made the extension to our Croatian operations a natural step,” said Harald Frodl, head of fund services at Raiffeisen Capital Management.
The modular architecture of NeoXam Manager allows organisations to adjust functionality for specific market requirements while operating on a shared technology framework across entities.
The compliance software automates portfolio monitoring processes in accordance with regulatory, client, and internal investment parameters.