BT Radianz Cloud & Kaiko Partner for Crypto Market Data and Analytics

Kaiko, the cryptocurrency market data vendor, has partnered with BT Radianz to redistribute Kaiko’s digital assets market data and analytics via BT Radianz Cloud. Kaiko generates cryptocurrency market data from hundreds of sources globally, producing a market data feed that can be used by participants across the full cryptocurrency cycle. Radianz solutions provide cryptocurrency market participants an institutional-grade platform that can consolidate a customer’s external market connectivity onto a single connection.

Using resilient and highly secure Radianz connectivity, Kaiko will connect to BT Radianz in Singapore and Frankfurt, and will provide additional options for Kaiko clients based in Asia-Pacific, Europe, or the Americas.

Zennor Asset Management Implements TORA as Global All-In-One Multi Asset System

TORA, the all-in-one EMS, OMS and PMS provider, has announced that that Zennor Asset Management has selected and implemented its all-in-one product to support trade execution, position keeping, P&L monitoring, commission management, share class accounting and advanced tools to help manage the daily operational tasks of the firm’s fund management activities.

TORA’s all-in-one product is a single sign-on execution, order and portfolio management platform with a unified interface, unified nomenclature, and standardised data, designed to deliver superior workflow efficiency and transparency.

Horizon Enhances Trading Platform to Support Actively Managed Certificates

Trading technology vendor Horizon Software has announced that its trading platform now supports AMCs (Actively Managed Certificates), providing clients with the ability to manage the whole AMC trading lifecycle, including product definition, pricing, quoting, hedging and rebalancing, and business logic customisation.

Clients can also leverage Horizon’s Algo Framework to further extend AMC capabilities, whether this is to customize the AMC pricing logic, fine-tune the automated execution engine or implement Straight Through Processing rules to streamline the execution process.

Northern Trust Forms New Digital Assets and Financial Markets Group

Northern Trust has announced the formation of its Digital Assets and Financial Markets Group, combining the teams responsible for supporting the fast-growing digital asset markets and those dedicated to providing market access and insights across the traditional securities services markets.

The new group, formed in response to the growth of digital markets alongside the continued evolution of the traditional securities services marketplace, will be headed by Justin Chapman, who currently is global head of Market Advocacy Innovation and Research.

Singletrack Secures Investment from Accel-KKR to Accelerate Global Expansion

Following its recently announced partnership with Glue42, Singletrack, the capital markets client engagement and analytics company, has announced a ‘significant’ capital growth investment from Accel-KKR, a leading technology-focused private equity firm.

Founded in 2009, Singletrack’s engagement, research management and analytics platform for capital markets is designed to help clients on both the sell and buy sides maximise revenue, efficiency and profitability. The new investment will enable the company to accelerate expansion plans into global markets and execute on strategic M&A.

Nasdaq and Climate Impact X Partner to Power New Global Carbon Exchange

Nasdaq and Climate Impact X (CIX), a global marketplace and exchange for quality carbon credits, have entered into a strategic technology partnership that aims to help unlock price transparency and liquidity in the voluntary carbon market. The agreement will see CIX leverage Nasdaq’s matching technology to power its spot trading platform, which will launch in early 2023 for financial institutions and institutional investors worldwide.

Through Nasdaq’s Marketplace Services Platform, CIX will enable trading in a cloud-based Software-as-a-Service (SaaS) environment. CIX’s spot exchange will bring exchange-grade trading functionalities to the voluntary carbon market, matching buyers and sellers.

Northern Trust Enhances Investment Analysis Module to Support Complex Investments

Northern Trust has enhanced the Investment Analysis module of its Front Office Solutions platform to optimise decision-making for institutional investors who manage sophisticated portfolios, including alternative investments. The Investment Analysis tool allows allocators to conduct data analysis across current, prospective and historical investments, giving them the ability to monitor and assess complex investments through interactive charts and templates. Key features include the ability to conduct correlation analyses with interactive heat-maps and run returns analyses with drawdown charts.

NYU’s Quant Research Unit Partners with BMLL for Market Microstructure Research

Data and analytics provider BMLL is to collaborate with New York University’s Mathematics in Finance program, making its Data Lab available to NYU’s team of quantitative researchers. Under the program, BMLL Data Lab will run computations and conduct market microstructure research on the futures market. Users will be able to access over three years of Level-3 harmonised futures data, process it at scale, and find inferences by drilling down into every single message.

The program is directed by 2021 “Quant of the Year” Professor Petter Kolm, a leading quantitative analyst specialising in market microstructure modelling and buy-side trading.

Bloomberg Expands Crypto Data Coverage to Top 50 Crypto Assets

Bloomberg has expanded its coverage of cryptocurrency data on the Bloomberg Terminal to include the top 50 crypto assets, including Bitcoin, Ethereum, Binance Coin, XRP, Solana and others. Clients can now monitor intraday pricing for an expanded set of cryptocurrencies, indices and futures contracts in real-time.

Bloomberg started providing Bitcoin prices on the Bloomberg Terminal in 2013, expanding the scope of available instruments to 10 in 2018, and now to the top 50.

Pico Updates Corvil Analytics Platform for High Performance Network Analytics

Pico, the technology, software, data and analytic services provider, has released version 9.7 of its Corvil Analytics platform, which delivers new features to monitor, optimize and diagnose network health in complex 100Gbps trading and enterprise environments. This follows the launch last October of Pico’s flagship Corvil 10000 appliance, which achieves sustained 100Gbps real-time processing.

Corvil Analytics 9.7 offers a range of new features, as well as providing the base architecture for building new AI and machine learning technologies, with anomaly detection for network traffic patterns typical in financial institutions.