ION Group has acquired Dallas-based Allegro Development, a commodity management solutions provider. The acquisition of Allegro is designed to expand ION’s footprint in commodities and its portfolio of enterprise solutions. Allegro intends to continue to expand its suite of offerings, while its clients can benefit from ION’s additional scale and offerings. ION last year acquired Fidessa to extend its reach in equities and derivatives trading solutions.
Moving market data and infrastructure to the cloud has accelerated in recent years as financial firms have acknowledged the benefits of data accessibility, scalability, efficiency and the possibility of reducing sometimes sky-high costs of sourcing and managing the data. Market data in the cloud also offers a low-cost development environment and is finding use case...
Finsemble and Glue42, two firms specialising in desktop interoperability and automated workflows, have announced their merger to form a new entity, named interop.io, which positions itself as a key player in the interoperability sphere within capital markets and beyond. This merger combines the acclaimed technologies of both firms, to offer what will be a comprehensive...
Now in its 8th year, the RegTech Summit in New York will bring together the regtech ecosystem to explore how the North American capital markets financial industry can leverage technology to drive innovation, cut costs and support regulatory change.
After initial hesitancy, interest in digital assets from institutional market participants has grown over the past three to four years. Early focus inevitably centred on the market opportunities presented by bitcoin and other cryptocurrencies. But this has evolved into a broad acceptance of a potentially meaningful role for digital assets in institutional markets. It’s now...