A-Team Insight Brief
TNFD To Unveil COP15 Influenced Iteration of Reporting Framework
The Taskforce for Nature-related Financial Disclosures (TNFD) is to release the latest version of its guide on how financial institutions should report on their biodiversity risks. The fourth iteration, due next month, is informed by the Global Biodiversity Framework (GBF) agreed at the COP15 in Montreal late last year. Target 15, of the GBF’s 23 aims, is designed to harness private finance to protect nature.
BMLL Signs Johannesburg Stock Exchange as New Client
BMLL, the historical Level 3 data and analytics provider, has added the Johannesburg Stock Exchange (JSE) to its roster of exchange clients. BMLL’s data coverage will now extend to include JSE data across equities and ETFs, while the JSE will use BMLL’s Level 3 Data and analytics for cross-venue analysis, offering market participants insights into market structure and performance metrics.
The JSE data sets will complement BMLL’s existing coverage of more than seven years of historic data spanning global equities, ETFs and futures across 65+ trading venues. And by using BMLL’s data and analytics capabilities, the JSE is now able to evidence the quality of execution against a global, independently verified peer set.
FINBOURNE Selected by Bloomberg, MarketAxess and Tradeweb to Build Fixed Income Consolidated Tape
Following a closely fought tender process against a number of industry peers, FINBOURNE Technology has been selected as the technology infrastructure provider for the Bloomberg, MarketAxess and Tradeweb initiative to build a consolidated tape (CT) for fixed income in Europe.
In a media statement, the company said it had spent significant time collaborating with capital markets firms, regulators and industry bodies, to collectively understand the data, its quality and how to deliver a resilient and practical CT to the market.
EDI Adds Luxembourg Funds Data Service
Exchange Data International (EDI), a provider of global security corporate actions, pricing, and reference data services, has added a Luxembourg funds data service to its investment funds coverage. The Luxembourg services covers more than 50,000 share class funds from over 400+ fund management companies, providing comprehensive reference and corporate actions data.
FINBOURNE Joins Bloomberg, MarketAxess and Tradeweb in Consolidated Tape Plan
FINBOURNE Technology has won a tender process to become the technology infrastructure provider for the Bloomberg, MarketAxess and Tradeweb initiative to build a consolidated tape for fixed income in Europe. The company’s cloud-based, API-first Modern Financial Data Stack is designed to reduce operational complexity and increase efficiency and transparency across capital markets.
Pension Fund TCFD Alignment Hampered by Data, Report Says
The shortage and inconsistency of sustainability data is preventing pension funds from formulating climate-forward investment strategies, according to a report by Pensions for Purpose. The data challenges mean few funds are aligning with the Taskforce on Climate-related Financial Disclosures (TCFD) framework to shape their approach to ESG and their use of some analytics remains limited, the report said.
Eventus Launches Anti-Money Laundering Solution, Validus AML
Trade surveillance and market risk solutions vendor Eventus has launched Validus AML, a new end-to-end anti-money laundering (AML) platform aimed at helping firms in both the traditional finance and digital asset space combat financial crime. The cloud-based solution combines a signals-based approach to behaviour detection with rules-based logic and advanced data analytics.
Validus AML will offer a full spectrum of detection, workflow and case management tools for current and new clients, enabling them to reduce financial and regulatory risk, identify illicit financial behaviours and further streamline their use of external vendors on critical compliance functions.
With Intelligence Introduces New Offering for Allocators
With Intelligence, the investment intelligence data provider, is expanding its offering with a new service designed exclusively for allocators, Allocate With. By blending ‘pre-event’ reporting on the latest market moves with detailed insights, it aims to provide allocators with highly intuitive information to enhance their allocation experience.
Allocate With users will receive access to focused content, including allocator investment actions, asset allocation calls, and key people moves. The service will also provide additional information around alternative asset management, including product development and launches, high-level fund summaries, standout positive or negative performances, curated indices and new strategies.
Iress Partners with Centroid, Providing Real-Time Market Data
Iress, the financial software, services and technology company, is partnering with Centroid Solutions, specialists in risk management, bridging and execution engines, to bring real-time pricing data and trading APIs to Centroid’s client base. The collaboration will enable Centroid’s clients to gain real-time market data from global markets via Iress.
Powered by Iress’s ConsolidatedFEED API, Centroid can now offer its clients an enhanced, end-to-end solution for pricing and trading exchange traded products. Iress’s API data and trading solutions have been fully integrated into Centroid Bridge, a Liquidity Management and Order Execution Engine.
Ataccama Deepens Integration of ONE Unified Data Management Platform with Snowflake
Ataccama, a unified data management platform provider, has released deeper integration of its Ataccama ONE platform with Snowflake providing data observability functionality and pushdown processing to joint customers. Data is processed directly on Snowflake’s single, integrated Data Cloud platform, delivering faster, lower cost and more secure results.
“With the release of the latest version of the Ataccama ONE platform, we are bringing all Ataccama data quality functionalities, including rule evaluation, data quality monitoring, and profiling to Snowflake customers. We can also improve the user experience with pushdown functionality that processes data directly on Snowflake, saving precious time,” says Martin Zahumensky, chief product technology officer at Ataccama.