A-Team Insight Brief
SIX Brings European Equities Data Onchain via Chainlink Oracle Network
SIX has made equities data from its exchanges available onchain for the first time through an integration with Chainlink’s DataLink publishing service. The arrangement covers equities listed on SIX’s exchanges in Switzerland and Spain – representing over €2tn in market capitalisation – and makes the data accessible to more than 2,600 applications across 75-plus public and private blockchains within the Chainlink ecosystem. The integration is currently live on testnet, with mainnet deployment expected later this year.
SIX has been one of the more active traditional exchange groups in digital asset infrastructure, notably through its digital asset central securities depository. The Chainlink integration extends that positioning into onchain data distribution, opening potential use cases including tokenised indices, structured products, compliant DeFi applications, and prediction markets built on regulated equity market data.
The move reflects a broader trend of regulated data providers exploring blockchain-native distribution channels as tokenisation of traditional asset classes accelerates. Chainlink’s existing institutional relationships – its partners include Swift, Euroclear, DTCC, and S&P Dow Jones Indices – position DataLink as an emerging conduit between conventional market data infrastructure and onchain environments.
STS Digital Becomes First Principal Derivatives Dealer Integrated on BitGo’s Go Network
STS Digital has launched as an exchange partner on BitGo’s Go Network for Off-Exchange Settlement (OES). This integration allows institutional clients to trade digital asset derivatives directly with a principal dealer while keeping their assets secured in BitGo’s regulated custody. Previously, the OES model was limited to connecting clients with exchanges; this update enables direct dealer-to-client execution without the requirement to prefund accounts or move assets out of independent custody.
Under this arrangement, clients access STS Digital’s liquidity for over 400 tokens, including vanilla and exotic options, spot, and structured products. Regulated by the Bermuda Monetary Authority, STS Digital provides two-way pricing and global coverage via UI, API, or voice channels. The model is designed to separate custody from execution, reducing counterparty risk by ensuring that client assets remain segregated from both the dealer’s balance sheet and the exchange environment.
SimCorp Enhances Axioma Risk With AI-Powered Stress Testing
SimCorp has launched a new AI-powered capability within its Axioma Risk platform designed to automate the configuration of portfolio stress tests. By using natural language processing, the enhancement allows investment and risk managers to move from manual, multi-step workflows to AI-assisted setups. This shift reduces the time required to configure complex scenarios from hours to seconds, enabling teams to respond to market events in real time rather than being delayed by technical administration.
The tool enables users to describe macroeconomic or geopolitical concerns in plain English, which the system then translates into specific financial shocks and relevant market data. Beyond merely generating scenarios, the AI assists in identifying historical precedents and assessing the statistical plausibility of a test to ensure results are realistic. This helps managers gain deeper insights into tail risks associated with inflation, interest rate shifts, and global geopolitical instability without the need for spreadsheets or manual data exports.
Crucially, the update maintains rigorous calculation governance to meet increasing regulatory demands for transparency. While AI simplifies the initial design and iteration of stress tests, the analytical foundation remains fully auditable with human-in-the-loop approvals. This ensures that all decisions and analytics are explainable, allowing investment professionals to focus their specialized expertise on interpreting risk and making informed portfolio decisions.
BMLL Historical Data Launches on Databricks Marketplace
BMLL, the independent provider of historical market data and analytics, has made its datasets available via the Databricks platform. This move is part of the firm’s broader strategy to offer flexible delivery mechanisms, complementing its existing API, SFTP, and S3 options. The collaboration was driven by customer demand and guidance from the BMLL Client Product Advisory Board, with initial adoption already seen among major global investment management firms.
The integration allows market participants to access granular data across equities, ETFs, futures, and options directly within their existing Databricks workflows. To facilitate ease of use, BMLL has provided a series of marketplace notebooks designed by quantitative analysts. These tools enable users to evaluate the product suite with minimal integration effort and lower data storage costs, accelerating the transition from raw data to actionable insights.
The platform supports various financial functions, including execution analysis, backtesting, and market surveillance. By providing granular, normalised historical data on a scalable platform, BMLL aims to help firms perform more efficient analysis. The initiative reflects a commitment to meeting the growing industry demand for sophisticated data engineering while providing flexibility in how large-scale datasets are discovered and evaluated.
Bloomberg Introduces MYQ to Centralise Foreign Exchange Price Discovery
Bloomberg has launched MYQ, a price monitoring tool designed to aggregate and display foreign exchange (FX) quotes identified by Natural Language Processing (NLP) within Instant Bloomberg (IB) chats. The solution addresses the “swivel chair” challenge by consolidating fragmented pricing data from multiple chat rooms into a single, centralised FX curve-style format. By grouping quotes by currency pairs, tenors, and bid/offer levels, the tool provides traders with a clear overview of available liquidity and market interest prior to execution.
The tool aims to reduce operational friction and the risk of missed opportunities in fast-moving markets. Key features include a history tab for chronological price tracking and a “click-to-navigate” function that allows users to jump directly to the specific chat line where a quote originated. Advanced filters further enable participants to customise their view by currency or counterparty, streamlining the pre-trade workflow and helping users secure competitive pricing more efficiently before executing trades on platforms like FXGO.
SimCorp Builds AI-Powered Market Stress Test for Axioma Risk
SimCorp has introduced an artificial intelligence capability for stress testing market scenarios within its Axioma Risk platform.
The enhancement uses natural language processing to enable investment managers to design customised market scenarios and identify historical precedents without manual configuration. It identifies portfolio vulnerabilities and interprets risks arising from interest rate changes, currency movements or geopolitical events.
“Accelerating stress testing workflows can be game changer for investment teams,” said Ian Lumb, head of risk and performance product management. “When stress test configuration takes hours, risk teams cannot respond to events in real time. We are removing that bottleneck with AI-powered stress testing.”
The system translates macroeconomic concerns into financial shocks and provides statistical metrics to evaluate the plausibility of each scenario.
Private Direct Lending Data Added to Bloomberg
Bloomberg has introduced a private direct lending data service to increase visibility within the private credit market.
The offering aggregates information from multiple sources to cover 15,000 active loans representing about US$1 trillion in deal flow. It consolidates US business development company filings, merger and acquisition disclosures, and news reporting to create standardised loan-level records.
“Direct lending has historically been difficult to evaluate because loan-level data is often fragmented, inconsistent and not easily comparable across the markets,” said Brad Foster, head of fixed income and private markets. “Bloomberg is extending its end-to-end credit capabilities into private markets by combining a normalised dataset of all US BDC-reported and other direct lending loans with integrated analytics and enterprise delivery so clients can analyse pricing trends, compare loan terms, and apply more consistent analysis across public and private credit.”
The platform includes specific data points such as deal size, interest rate spreads and credit health indicators to support risk monitoring and benchmarking.
Clients can access the service via the Terminal and via Data License at its web portal, with delivery options including SFTP, REST API or a cloud environment.
Avelacom Launches Lowest Latency Hybrid Route Between Amsterdam and Tokyo
Avelacom, a global provider of low-latency network solutions, has launched a new hybrid fibre and microwave route connecting Amsterdam and Tokyo. The route achieves a round-trip latency of less than 127 milliseconds, establishing a new benchmark for connectivity between Europe and Asian digital asset markets. This expansion complements the company’s existing ultra-low latency infrastructure linking London and Frankfurt to major hubs such as Shanghai and Hong Kong.
The route is specifically designed to support institutional digital asset trading, where execution speed directly influences profitability. Amsterdam has emerged as a significant hub for this activity, hosting venues like BtcTurk and a growing concentration of blockchain validator nodes. Connecting this ecosystem to Tokyo provides traders with high-speed access to global liquidity centres and price discovery on platforms such as Binance.
To achieve these speeds, Avelacom has integrated additional microwave segments into its proprietary hybrid architecture, leveraging its existing Points of Presence. By combining fibre and microwave technologies, the network minimises delays across long-distance paths. This infrastructure investment reflects the increasing demand for high-performance connectivity as Amsterdam evolves into a critical gateway for decentralised networks and global electronic trading.
TS Imagine Launches Automation 2.0 as Assets Under Service Reach $19.5 Trillion
TS Imagine has unveiled Automation 2.0, an event-driven trading platform designed to help institutional desks manage sophisticated, rule-based workflows across multiple asset classes. The launch coincides with a significant growth milestone for the firm, which now manages over $19.5 trillion in assets under service, a substantial increase from the $5.3 trillion reported in 2023. This expansion reflects the increasing demand for scalable solutions in a high-speed market environment where manual order routing often leads to operational inefficiencies.
The new platform addresses the limitations of traditional automation tools, which frequently struggle with nuanced logic and complex compliance requirements. Automation 2.0 introduces a robust rule-building environment that incorporates cost intelligence, liquidity awareness, and market calendars. By utilizing two core components – the Rule Manager for workflow design and a stateful Workflow Engine for real-time execution – the system ensures consistent, reliable handling of orders without the need for manual intervention when market conditions shift.
Furthermore, Automation 2.0 establishes the architecture for the “Execution Agent,” the next phase in the evolution of Execution Management Systems (EMS). This foundation enables the transition from predefined rule-following to autonomous, agent-driven execution. By combining real-time event processing with structured logic, the platform allows trading systems to reason and adapt across the entire order lifecycle, providing institutional desks with greater control and sophisticated fallback capabilities during execution.
CUBE Launches Certified Connector for Service Now
CUBE has launched a certified connector for ServiceNow Integrated Risk Management (IRM), making its regulatory intelligence and change management capabilities available within enterprise risk workflows. The integration is aimed at helping firms, particularly in highly regulated sectors such as financial services, connect regulatory updates and obligations more directly to compliance, risk and legal processes.
The integration links real-time regulatory updates and obligations from CUBE’s RegPlatform to ServiceNow IRM. CUBE is positioning that as a way to help organisations operationalise regulatory change more effectively within existing risk and compliance workflows, rather than relying on separate manual processes.
That positioning comes through clearly in the executive commentary. Ben Richmond, Founder & CEO of CUBE, said: “As regulatory complexity continues to grow, organisations need intelligence that works inside their existing platforms. Our partnership with ServiceNow extends CUBE’s mission to make regulatory change automated, actionable and embedded across the enterprise. Together with ServiceNow, we’re enabling firms to move faster, act earlier and manage compliance and risk at scale with far greater confidence.”
ServiceNow frames the integration in similar terms, with an emphasis on automation and workflow orchestration. “Regulatory change shouldn’t require manual tracking and endless coordination – it needs intelligent automation,” said Vasant Balasubramanian, Group Vice President and General Manager of Risk, ServiceNow. “By embedding CUBE’s intelligence into ServiceNow IRM, our AI agents can assess regulatory impact, trigger risk workflows, and orchestrate responses across the business. This gives risk and compliance leaders the ability to stay ahead of regulations and turn compliance obligations into competitive advantage.”
The broader significance is that regulatory change management is being tied more closely to enterprise risk operations. Instead of sitting outside core workflows, regulatory intelligence is being fed into the systems firms use to assess impact, assign actions and manage response processes.
CUBE says the partnership is backed by executive leadership and supported by a coordinated product and go-to-market strategy. It also expects to integrate select CUBE AI regulatory agents into the ServiceNow AI Control Tower, extending automation for shared customers using CUBE RegPlatform alongside ServiceNow IRM.