FlexTrade Integrates Glimpse Markets Pooled Trading Data for Fixed Income

FlexTrade, the multi-asset execution & order management systems vendor, has integrated trading data from Glimpse Markets, a buy-side data sharing platform for bond markets, into FlexFI, FlexTrade’s fixed income EMS.

With the two-way integration, fixed income traders can incorporate and process Glimpse’s aggregated trade data into FlexFI’s Bond Widget. Using FlexFI’s visualisation tools, dynamic sorting can be applied to quickly search and analyse different bonds from the Glimpse data set, to enhance price discovery and deliver a consolidated view of the market for fixed-income trading.

Apex Offers EU Taxonomy Alignment Product

Clients of global financial services provider Apex Group now have access to a new European Union Taxonomy product, which enables investors to assess their portfolios’ alignment with the sustainability classification guideline. The four-step process will give financial clients the opportunity to identify which of their investments are sustainable, manage data collection on the taxonomy’s strict “do no significant harm” tests, gauge alignment and report performance.

Confluence Integrates ICE ESG Data into its SFDR Product

Regulatory compliance reporting and analytics provider Confluence has integrated the ESG data of Intercontinental Exchange (ICE) into its Sustainable Finance Disclosures Regulation (SFDR) service. The partnership gives Confluence clients access to ICE’s sustainability information on 1.4 million fixed-income securities issued by more than 16,000 corporate and sovereign entities.

Eventus Deploys Validus at SpiderRock

Trade surveillance and market risk solutions vendor Eventus has deployed its Validus platform at SpiderRock Terchnology Services, an algo execution and risk management technology provider servicing institutional trading firms and agency broker-dealers. The platform is initially being used for the firm’s client activity in futures and options.

SpiderRock cited Eventus’ ability to handle extraordinarily large data sets with scalable capacity as a key factor in the selection of the Validus platform.

Novata and S&P Partner to Enable Collection and Management of Financial and ESG Data

S&P Global Market Intelligence has made a strategic partnership with Novata, provider of an ESG data platform for private markets. The partnership will provide private market investors with a solution that simplifies the process of collecting both financial and ESG data by making Novata’s platform available for S&P Global Market Intelligence customers to bridge ESG data with financial data to provide a single source of insights.

The integration is expected to help market participants make informed decisions about how ESG drives financial outcomes, and enable transparent communication to investors, auditors, boards and other key stakeholders. The platform is intended to be made available through S&P Global Market Intelligence’s iLEVEL, a portfolio monitoring software solution that enables general partners and limited partners to streamline financial data collection.

Fitch Unveils Scoring Product Under its New Sustainable Fitch Brand

Sustainable Fitch, the ratings and data company’s ESG unit, has created a ratings product that scores that will provide investors with information on the impact, outcome and performance of entities and their debt issuance. The ESG Ratings, Data and Analysis product offers scores at the entity, framework and financial instrument level.

Biodiversity and Water Risk Products Announced by ISS ESG

ISS ESG has broadened its nature-linked ESG data and indices offerings with the launch of a Biodiversity Impact Assessment Tool and a Freshwater Index series. The biodiversity tool enables investors to measure the impact of their investments’ activities on nature, while the latest indices highlight a company’s exposure to water risks and its management of water.

Broadway Introduces Support for Eris BSBY Swap Futures

Broadway, the front-office solutions provider, has announced support for trading Eris BSBY Swap Futures within its SaaS trading solutions suite. Eris BSBY enables market participants to forecast and hedge rates on the 3-month Bloomberg Short-Term Bank Yield Index.

The new functionality, which allows clients to seamlessly manage credit risk as they migrate from Libor to SOFR as the benchmark US interest rate, is now live and available to all Broadway customers.

TS Imagine Chosen by Varenne Capital to Support its Trading Activities

Varenne Capital, a Paris-based global investment manager, has selected TradeSmart OEMS from TS Imagine to support its trading activities. TradeSmart OEMS will automate Varenne’s execution process, support its portfolio management system, modernize and reduce time-consuming workflows and increase functionality across the firm’s trading operations, according to the company.

The announcement follows TS Imagine’s strong growth over the first half of 2022, with 100 further hires to support its rapid expansion.

Copper.co Deploys Fenergo SaaS Solution to Streamline Client Onboarding

Copper.co, a provider of custody, trading and settlement services for digital assets, will deploy Fenergo’s SaaS-based client lifecycle management and anti-money laundering solution to onboard increasingly complex client ownership structures. With an excess of $50 billion in monthly notional flow across its infrastructure, Copper needs to automate its client onboarding process to cater for clients ranging from institutional asset managers to wealth managers, hedge funds, private banks, crypto funds and family offices.