TradingTech Insight Brief
Pico Upgrades Corvil VoIP Analytics
Pico, the technology services, software, data and analytics vendor, has announced a major upgrade to Corvil VoIP Analytics, its solution for providing real-time visibility of VoIP performance.
The upgrade provides the ability to capture and decode lossless granularly timestamped data at 100GB and apply it to VoIP applications. Future enhancements announced for release in 2023 include waveform analysis using machine intelligence to analyse voice quality on thousands of simultaneous calls. The product will also be available for cloud deployment on AWS in Q1 2023.
Horizon Launches Horizon Extend Development Platform
Electronic trading solutions and algorithmic technology provider Horizon Software has announced the release of Horizon Extend, a development framework for the Horizon platform.
Clients will be able to utilise Horizon Extend to create new pricing modules and hedgers within the system, to automate workflow, to add advanced routing rules for DMA flow, and to develop their own trading risk and control rules, among other things.
Axyon AI & C8 Technologies Partner to Deliver Axyon Model Strategies via C8 Studio Platform
Axyon AI, the developer of AI-based solutions for asset managers, has formed a partnership with C8 Technologies, the asset management platform provider, to make a wide selection of Axyon AI’s model strategies available via C8 Studio.
The partnership aims to provide a practical way for asset owners, wealth managers and family offices to add AI-driven performance to their investment portfolios, by accessing Axyon AI’s data and indexes directly within the C8 Studio platform.
Crypto Options Exchange Deribit Selects Eventus for Trade Surveillance
Panama-based Deribit, the world’s largest cryptocurrency options exchange by volume and open interest, has selected Eventus, the trade surveillance and market risk solutions vendor, to provide market abuse monitoring on the exchange through the company’s Validus platform.
The exchange considered various trade surveillance solutions in anticipation of operating under the Virtual Assets Regulatory Authority in Dubai and selected Eventus’ Validus to maintain the highest compliance standards.
Liquidnet and BondAuction Collaborate to Offer Auction-Style Primary Debt Trading via OMS
Liquidnet, the agency execution specialist, has partnered with BondAuction, an auction platform for the Primary Debt Capital Markets, to provide access to BondAuction’s offering from within clients’ Order Management Systems (OMSs).
Building on Liquidnet Primary Markets’ established OMS connectivity, institutional investors will have the ability to place bids via Liquidnet into the BondAuction platform directly from their OMS, and receive allotments back.
S3 Partners Launches Black Map, Providing Visibility into Herd Risk and Market Sentiment
S3 Partners, the financial data marketplace and workflow platform, has launched S3 Black Map, the latest evolution of S3’s platform, giving users visibility into long and short market sentiment, exposure to concentration and herd risk, and positioning of passive and active investment strategies in the marketplace.
Users can filter by industry, sector and cohort to quickly see which stocks in their portfolio are crowded and how the rest of the market is positioned. Black Map is available immediately through the Bloomberg App Portal via on the Bloomberg Terminal.
OSTTRA Enhances Network to Provide Real-Time Visibility of Eurex ETD Trades
OSTTRA, the global post-trade solutions company, is enhancing its network to give market participants a real-time view into the status of Exchange Traded Derivative (ETD) trades cleared through Eurex.
The enhanced connectivity, scheduled to go live in March 2023, will enable Eurex to send investment managers booking confirmations for their allocations via OSTTRA ClientLink for ETD, delivering live status updates on which trades have been given up, claimed and cleared.
Broadridge Builds Unified Trading Interface Using Glue42
Broadridge Financial Solutions has announced that clients can now access unique functionality from multiple Broadridge solutions via a single user interface, built using technology from Glue42, the integrated desktop technology vendor.
The new technology, available now in the United Kingdom and launching soon in the European Union and the United States, will deliver interoperability to users via a single login, providing clients with a framework for linking interfaces from multiple Broadridge products, including the Ullink OMS and Tbricks.
Pico Partners with BSO to Expand Global Crypto Access
Pico, the managed services, software, data and analytics provider, has expanded its partnership with BSO, the infrastructure and connectivity provider, to offer clients access to global crypto exchanges through the combination of BSO’s Crypto Connect service and Pico’s PicoNet.
BSO’s Crypto Connect offers global, low-latency, cloud-to-cloud connections into leading digital asset exchanges. The expanded partnership will provide clients access to over 35 such exchanges in addition to more than 300 global venues currently available on PicoNet.
swXtch.io Integrates Timebeat’s Precision Time Protocol into cloudSwXtch
Following the recent launch of its cloudSwXtch high performance networking product for the cloud, swXtch.io, a wholly-owned subsidiary of IEX Group, has deployed and integrated Timebeat’s Precision Time Protocol (PTP) into the cloudSwXtch technology, enabling clock synchronization across hybrid cloud networks.
The integration of the Timebeat PTP into cloudSwXtch adds standard PTP access to the hybrid cloud and hybrid networks, bringing cloud capabilities in line with on-premises networks.