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A-Team Insight Brief

SIX Clients Given Access to New Fixed-Income Data Product

SIX has unveiled SIX Fixed Income Data, a service that provides clients with pricing, reference data, corporate actions information and underlying source documents.

The solution is targeted at sell-side firms, investors, wealth managers and hedge funds, and offers “comprehensive coverage, rigorous validation processes, seamless integration into existing systems, and a flexible service model”.

Data for 3.6 million US instruments are among the datasets available through SIX Fixed Income Data, encompassing municipal, corporate and government debt as well as structured finance.

Less than 3 Months until Canadian OTC-Derivatives Trade Reporting Rewrite Enters Force

Canada’s long-awaited rewrite of its OTC-derivatives trade-reporting regime enters force on 25 July 2025, completing a multi-year effort by the Canadian Securities Administrators (CSA) to bring national rules into line with global data standards and the U.S. CFTC’s 2024 “swap-data” overhaul.? 

The amendments—first published in final form on 25 July 2024—touch every province and territory and will require virtually all swap dealers, clearing venues and many buy-side end- 

The new framework more than doubles the number of reportable data fields (from 72 to 148) and embeds the CPMI-IOSCO Common Data Elements alongside mandatory Unique Transaction and Product Identifiers, closing long-criticised cross-border gaps in the Canadian dataset.? 

A revised hierarchy now makes the “financial entity” among two Canadian dealers the default reporting party, while certain trades executed on recognised derivatives trading facilities shift the burden from dealers to the venue itself—moves designed to curb duplicate submissions and align with CFTC practice.? 

Error-handling rules have also tightened: firms must alert regulators to any “significant” inaccuracy as soon as practicable—and no later than the close of the next business day—bringing Canada into step with U.S. swap-data rules.? 

Technical specifications for every field, including XML schemas, sit in a new CSA Derivatives Data Technical Manual, giving market participants a single source of truth for permissible values and file formats. 

Implementation testing is already under way. DTCC’s designated Canadian repository opened a simulator on in March and followed with full end-to-end certification in April. Rival repositories have published near-identical schedules, leaving firms less than three months for defect remediation.? 

Legal advisers warn that buy-side entities relying on delegated arrangements will need to verify that new collateral, margin and lifecycle fields are correctly captured, while wealth-management affiliates may face position-level reporting for the first time.? 

For global dealers, the rewrite should simplify cross-border reporting once initial re-tooling costs are absorbed. By mirroring CFTC rule-text and embedding international Common Data Elements (CDEs), Canada removes a long-standing source of fragmentation that forced firms to maintain parallel mappings for ostensibly identical swaps.? 

Regulators, meanwhile, gain cleaner, more comparable data for systemic-risk surveillance—particularly valuable as interest-rate, commodities and crypto-linked derivatives volumes migrate between North American venues. With the clock ticking, market participants now face a tight—but achievable—window to finish development, certify with their trade repositories and lock down operational playbooks before the 25 July go-live. Failure to do so could leave firms unable to submit day-one reports and expose them to enforcement action from provincial regulators.?

Bowmoor Capital and SummerHaven Adopt TT Futures TCA for Enhanced Trading Insights

Trading Technologies International, Inc. (TT) has announced that Bowmoor Capital and SummerHaven Investment Management have deployed TT Futures TCA to support their trading and execution strategies. TT Futures TCA, launched last year, offers a robust transaction cost analysis tool tailored for futures trading. It leverages a significant dataset comprising anonymised, aggregated microsecond-level market and trade data, allowing firms to customise metrics to suit their trading goals and confirm best execution practices.

The product is part of TT’s Data & Analytics division, bolstered by the 2023 acquisition of Abel Noser Solutions. It includes depth-of-market insights and will soon feature pre-trade cost estimation capabilities. This enhancement is designed to aid firms in forecasting execution outcomes based on historical data and market conditions. These tools align with TT’s broader initiatives to provide transparency and efficiency in institutional trading.

Robeco Launches Biodiversity, Avoided Emissions Tools

Asset manager Robeco has launched a sectoral biodiversity analysis tool that helps investors identify an issuer’s risks to nature and resource loss as well as its nature performance.

The Biodiversity Traffic Light tool was built with the input of asset owners and cleaves to the guidelines of the Taskforce for Nature-Related Disclosures. It focusses on the causes of nature loss, and impacts on nature, that are most pertinent to each company.

Robeco was also behind another tool launched earlier in the month that helps investors assess the decarbonisation impacts of different climate solutions.

Built with asset managers Mirova and Edmond de Rothschild AM as well as consulting firms I Care by BearingPoint and BCG’s Quantis, the Avoided Emissions Platform models the avoided emissions that might result from 65 climate solutions.

Diginex Collaboration Builds ESG Reporting Tool for Malaysian Companies

ESG technology provider Diginex has collaborated with artificial intelligence technology firm AIKYA to build a sustainability reporting tool to help businesses in Malaysia access sustainable finance opportunities, among other benefits.

DiginexESG is built to enable reporting according to Global Reporting Initiative, Sustainability Accounting Standards Board and the Taskforce on Climate-related Financial Disclosure guidelines as well as local codes.

Informatica Supports Databricks Integration with Google Cloud Expansion

Informatica has incorporated support for Databricks’ Data Intelligence Platform with the expansion of its own Intelligent Data Management Cloud platform on Google Cloud. The move also sees the integration of the artificial intelligence-enabled data management provider’s IDMC with API Center and Cloud Data Access Management (CDAM) services, which run natively on Google Cloud.

ESG Book Teams with BCG to Streamline Data Sourcing and Disclosure

Sustainability data and technology provider ESG Book is working with Boston Consulting Group (BCG) to make it easier for financial institutions and companies to report their ESG performance and source ESG data.

The companies have created LEO from ESG Book’s reporting platform and BCG’s Climate and Sustainability Data Template, which helps companies identify and report the data needed to satisfy compliance obligations.

Xceptor and OnCorps AI Partner to Deliver AI-Driven Reconciliation and Confirmation Solutions

Xceptor, the financial markets data automation platform, has announced a strategic partnership with OnCorps AI, provider of pre-trained AI agents for financial operations. The collaboration aims to enhance reconciliations, confirmations, and exception management through the integration of advanced AI capabilities and intelligent automation.

By combining Xceptor’s flexible data platform with OnCorps AI’s decision-making and analytics tools, the partnership aims to offer financial institutions predictive insights to minimise manual intervention, errors, and operational risks. The joint solution is set to streamline data processing across various formats, improving efficiency and reliability in financial operations.

ACA Adds Transaction Cost Analysis Capabilities with Global Trading Analytics Acquisition

ACA Group has acquired Global Trading Analytics (GTA), expanding its capabilities in transaction cost analysis (TCA) and best execution support across global financial markets. The move strengthens ACA’s positioning as a provider of technology-enabled governance, risk, and compliance (GRC) solutions, particularly for firms navigating increasingly complex regulatory expectations.

GTA, based in Rutherford, New Jersey, brings with it a long-established reputation in multi-asset class TCA, including equities, fixed income, foreign exchange, futures, and derivatives. Its client base—comprising investment advisers, asset managers, broker-dealers, and wealth managers—will now have access to ACA’s broader suite of compliance and risk solutions. Nearly half of GTA’s clients already work with ACA, offering opportunities for deeper integration.

TCA has grown in importance as regulators continue to scrutinize execution quality. The data-intensive process helps firms measure both explicit and implicit trading costs, allowing them to evaluate broker performance, refine algorithmic strategies, and demonstrate compliance with best execution standards.

Commenting on the rationale behind the deal, ACA CEO Patrick Olson said: “The acquisition of GTA underscores our ongoing commitment to expanding our offerings and equipping our clients with the tools and expertise they need to meet evolving compliance requirements.”

GTA’s leadership sees the transaction as an opportunity to scale while maintaining continuity for existing clients. “Along with my fellow co-founders, Joe Arleo and Clem Cheng, we’re pleased that this partnership ensures our clients will continue to receive the high-touch service they rely on, now strengthened by ACA’s complementary capabilities and broad resources,” said John Halligan, Co-Founder and President of GTA.

The combined offering is expected to deliver enhanced support for firms seeking to reduce trading costs, optimize execution quality, and meet regulatory obligations with confidence.

DMI Euro Award Winner WeeFin Raises €25m in Funding Round for ESG Platform

ESG data management startup WeeFin has raised €25 million in a Series B funding round to help develop its SaaS platform for the financial services sector.

The Paris-based startup, which won last year’s Data Management Insight Euro Award for Best Data Management Initiative for ESG, said the capital injection was led by BlackFin Capital Partners, a European fintech fund, as well as existing investors IRIS, Asterion Ventures and Ring Capita.

WeeFin said the additional funds would also help it drive international expansion, including in the UK through its London office.

Formed in 2021, the company provides ESG data optimisation services to 40 customers that oversee a total of €6.9 trillion.