A-Team Insight Brief
Anadolubank Goes Live on Murex’s MX.3 with MXGO
Turkish bank Anadolubank has gone live on Murex’s MX.3 platform using MXGO, its pre-packaged treasury and trading solution designed for fast-growing local banks. MXGO is a modular front-to-back-to-risk business solution based on the MX.3 cross-asset platform, which can be deployed on-premises, on the cloud or via a fully managed SaaS approach.
Anadolubank targeted a multiple asset class platform – including FX, FXD, MM, FI, IRD and SecFin – to grow its treasury and capital markets activity. The bank selected MXGO to optimize time to market and total cost of ownership while upscaling its pricing, risk-monitoring and position-keeping capacities and laying solid foundations for future evolutions.
Australia Announces Plans for Mandatory ESG Disclosures by 2024
Australia has become the latest country to announce it is drawing up plans for mandatory ESG reporting by financial institutions and corporates. A consultation plan was issued by the government Treasury, with a framework proposal expected and a phased implementation from 2024. It follows similar announcements this year by the US and UK.
Quality and Access the Main ESG Data Concerns of US Listed firms: Deloitte
Data quality and completeness top the concerns of US listed companies as they beef up their ESG capabilities following the Securities and Exchange Commission’s announcement this year that it would require sustainability disclosures, a Deloitte survey has found. Quality was cited by 35 per cent of surveyed executives as their chief challenge, while 25 per cent said accessing quality data was their main obstacle.
Planet, Accenture Tie-Up to Offer Supply Chain, Climate Risk Insights
Environment-monitoring satellite imagery firm Planet has teamed with IT giant Accenture to provide industries, including financial services, with AI-powered geospatial data tools. The combination of Planet’s high-frequency imagery data captured by its fleet of about 200 satellites and Accenture’s analytics is hoped to provide clients with deep insights into supply-chain and climate risks.
Avelacom Launches One-Stop Access to Cboe Europe Derivatives (CEDX)
Avelacom, the low latency connectivity, IT infrastructure and data solutions provider, has launched a one-stop shop for low latency connectivity, IT infrastructure and market data solutions for pre-trade and execution on Cboe Europe Derivatives (CEDX), the pan-European equity derivatives marketplace.
Avelacom’s point-of-presence (PoP) in Equinix LD4 is now directly connected to CEDX’s infrastructure. Avelacom’s PoP is also connected to 80+ trading venues through its global low latency network.
FIA Launches Online ETD Tracker
FIA, the global trade organization for the futures, options and centrally cleared derivatives markets, has launched the FIA ETD Tracker, a new interactive tool on its website that provides insights on trends in the trading of futures and options on exchanges worldwide.
The ETD Tracker, based on data collected from approximately 80 exchanges around the world, consists of visualizations that allow users to view monthly volume and open interest data, including filters based on instrument, region and jurisdiction as well as asset group and product type, allowing users to focus on particular segments of the global exchange-traded derivatives markets.
Trading Technologies Adds Support for Four Major APAC Exchanges to TT Premium Order Types
Trading software, infrastructure & data solutions provider Trading Technologies is extending the market coverage of its TT Premium Order Types to include four major APAC exchanges. Singapore Exchange (SGX) is available now, and Australian Securities Exchange (ASX), Hong Kong Exchanges and Clearing Limited (HKEX) and Japan Exchange Group (JPX) will be available by the end of this year.
TT Premium Order Types are powered by proprietary technology to enable users to optimally manage orders and improve trade execution by using built-in, product-specific market intelligence that clients can employ across a range of global marketplaces.
Alveo Expands Data Coverage with New Content from SIX
Alveo, the cloud-based market data, analytics and Data-as-a-Service (DaaS) solutions provider, has expanded its global data coverage and feed integrations by adding new content from SIX, including sentiment indicators, tax, and regulatory risk data.
By directly integrated the new content into is DaaS offerings to support critical customer workflows and databases, Alveo aims to help customers self-serve and quickly realise the value of SIX data sets, including its global security master and historical pricing data already available via Alveo.
HK Companies Urged to Prepare for TCFD, ISSB Reporting Rules
Listed companies in Hong Kong should start planning and installing the technology and data provisions to meet more stringent disclosure rules, the city’s Stock Exchange has said. The HKSE is in the process of formulating reporting rules in line with the Taskforce on Climate-related Financial Disclosures (TCFD) and International Sustainability Standards Board (ISSB) frameworks.
Fitch ESG Unit Expand Ratings on Covered and Structured Bonds
Sustainable Fitch has begun providing ESG ratings for labelled structured and covered bonds with an issuance value of US$100 billion. The metrics are the latest additions to Fitch Sustainable’s ESG Ratings, Data and Analysis unit, which has been offering data on $500bn of labelled and KPI-linked debt.