A-Team Insight Brief
Nasdaq Acquires OneReport to Accelerate ESG Reporting and Workflow Solution
Nasdaq has acquired OneReport, a privately-held provider of corporate responsibility and environmental, social, and governance (ESG) data management and reporting services. OneReport will accelerate the delivery of Nasdaq’s recently announced ESG reporting and workflow solution, to be named Nasdaq OneReport. The platform is available to companies as part of the suite of solutions offered by Nasdaq’s Corporate Services business. Since 2003, OneReport’s software platform has helped organisations navigate corporate responsibility frameworks, pilot the information capture and response process, and deliver ESG data to ratings agencies and other stakeholders.
TRG Screen Completes Integration of FITS and INFOmatch with PEAR
TRG Screen has competed the integration of its spend management platforms FITS and INFOmatch with its PEAR exchange compliance database. INFOmatch & FITS give users clarity they need to take control of market data, research, software and enterprise subscription spend across the enterprise, while PEAR consolidates exchange information, including policies and pricing, into a searchable online database. The integration should help TRG clients get efficiencies and gain a complete view across all aspects of their market data subscriptions.
London Metal Exchange Partners Trading Technologies
The London Metal Exchange has partnered Trading Technologies (TT) to supply the exchange’s trading participants with direct access to the exchange via the TT front-end interface. TT will replace the LME’s current GUI when its new trading platform launches in 2021. Delivered via software-as-a-service, the TT platform will provide LME members and members’ clients around the world with connectivity to the exchange from virtually any location and device. Members and clients will have access to TT’s trading tools, including the MD Trader ladder, options trading functionality, and TT mobile apps for Android and iOS.
Redline Onboards 24Exchange to Expand Support for NDF Trading
Redline Trading Solutions, a provider of high-performance market data and order execution systems for automated trading, is supporting 24Exchange, a new offshore, multi-asset class, OTC platform, on its InRush Ticker Plant and Order Execution Gateway for its FX clients.
24Exchange becomes a market data and routing destination on the Redline Trading Solutions Network with mutual clients benefiting from the ability to trade non-deliverable forwards (NDFs)with greater transparency and enhanced liquidity. Mark Skalabrin, CEO at Redline, comments: “NDFs are becoming an increasingly important part of the FX trading landscape.”
Options Collaborates with Pure Storage on All-Flash Storage-as-a-Service
Options, a provider of cloud-enabled managed services, has collaborated with Pure Storage to deliver all-NVMe (non-volatile memory express), all-flash cloud storage to capital markets. Built on Storage-as-a-Service infrastructure from Pure Storage, the solution allows Options’ customers to reliably store data at scale and access the information instantly across its global financial network. Customers can also more effectively deploy containerised environments, large-scale datasets and other low-latency applications. Options’ Pure as-a-Service deployment will be integrated into the firm’s enterprise-grade network, comprised of 40+ data centre sites worldwide.
IHS Markit Collaborates with Yieldbroker to Enhance Trade Cost Analysis
IHS Markit is enhancing fixed income analytics in its Trade Cost Analysis (TCA) service in collaboration with Yieldbroker, a Tier 1 licensed electronic trading platform for Australian and New Zealand debt securities and derivatives. The alliance unites IHS Markit’s multi asset TCA tool, independent bond pricing and liquidity data, with Yieldbroker’s six trillion of annual AUD and NZD market transaction volume. Together, these services offer customers sophisticated trade execution analytics and a broad spectrum of data to deliver more transparency in fixed income markets.
Xignite Offers Trade Data in AWS Data Exchange
In late January, Xignite announced that their financial data APIs are available in AWS Data Exchange, a new service of Amazon Web Services (AWS) that enables customers to securely find, subscribe to, and use third-party data in the cloud. Other qualified data providers working with AWS Data Exchange include Reuters and Dun & Bradstreet.
Xignite says it is providing AWS Data Exchange users with end-of-day and historical equities and ETFs trading on North American exchanges. In addition to closing prices, the data includes open, high, low, volume, and simple corporate actions data such as dividend amounts and split ratio for the securities.
TickSmith Renames TickVault to TickSmith GOLD
TickSmith has renamed its Big Data platform, TickVault, as TickSmith GOLD – gather, organise, leverage and distribute. GOLD manages thousands of data sets representing petabytes of data and the change was made to accurately represent how the platform works from the moment data is ingested, to the moment it is distributed. Also to also highlight that any kind of data can be processed. TickSmith CEO Francis Wenzel says: “The new name better reflects the emerging alternative, structured, and semi-structured datasets that our platform ingests and makes usable.”
Charles River Integrates Investment Management Solution with ChartIQ
Charles River Development, a State Street Company, has integrated its investment management solution, Charles River IMS, with ChartIQ, enabling the company to provide institutional traders with visualisation tools that deliver greater insight into data around investment decisions. The integration helps traders conduct pre-trade technical analysis, gauge in-trade market impact and better understand post-trade execution quality. Charles River IMS combines an order management system with multi-asset execution capabilities, creating a consolidated order and execution management system that integrated with solution providers like ChartIQ enables traders to work more productively at generating alpha, managing risk and helping inform strategic investment decisions.
Fenics GO Adds Citadel to Trading Platform for Exchange Listed Futures and Option
Fenics GO, a division of BGC Partners, has announced that Citadel Securities, a leading global market maker, has joined its electronic trading platform for exchange listed futures and options. Citadel Securities joins IMC, Maven Securities and Optiver in providing committed two-way liquidity in Eurex listed Euro Stoxx 50 Index Options and related Delta 1 strategies through the Fenics GO platform.