TradingTech Insight Brief
DiffusionData Offers One-Month Free Trial of Diffusion Cloud for Real-Time Data Streaming
DiffusionData, the real-time data streaming solutions provider, has announced a free one-month trial of Diffusion Cloud, with no deployment costs or obligations. To assist new users, the company will provide access to service engineers for setup support.
Diffusion Cloud is designed to enable financial institutions to stream personalised, low-latency data efficiently, supporting live pricing, trading information, and customer notifications at scale.
The cloud-based framework allows users to connect to existing data sources, such as Kafka or Redis, within minutes. Its no-code data transformation, in-memory caching, and real-time data distribution reduce development time, operational costs, and bandwidth usage by up to 90%, according to the company. By minimising unnecessary data transmission and improving customer engagement through personalised experiences, Diffusion Cloud aims to support businesses in driving innovation and revenue growth.
Grethe Brown, CEO at DiffusionData, said: “Diffusion Cloud removes many of the obstacles developers face when using open source or in-house built solutions, most notably in terms of scalability and latency. By providing developers and architects with a free month’s trial, we are giving them access to a mature, fully managed service; enabling them to trial and evaluate the benefits that Diffusion Cloud can deliver to their organisation.”
Delta Capita Selects Fragmos Chain to Enhance OTC Derivatives Post-Trade Processing
Delta Capita, the London-based capital markets managed service and technology provider, has chosen Fragmos Chain to enhance its managed services for post-trade processing of OTC derivatives. Fragmos Chain operates on the Common Domain Model (CDM), an industry standard developed by ISDA and other market associations to streamline data and processes in the derivatives market. By integrating Fragmos Chain’s platform, Delta Capita aims to improve efficiency, automation, and accuracy in post-trade operations, reducing complexity and costs for financial institutions.
This collaboration strengthens Delta Capita’s position as a leader in OTC operations services, supporting global financial firms in optimising their post-trade workflows. The partnership was facilitated by EuropaGrowth, a boutique firm specialising in business development and M&A within the financial technology sector.
Daniel Ivanier, CEO of Fragmos Chain, commented: “We are thrilled to collaborate with Delta Capita as a strategic partner. Their deep expertise in managed services and commitment to operational excellence aligns perfectly with our vision to transform post-trade processes. This partnership will play a crucial role in accelerating adoption of our platform and delivering value to the broader industry.”
Mark Aldous, Head of Capital Markets Managed Services at Delta Capita, added: “By leveraging the Fragmos Chain platform, we are demonstrating our commitment to lowering costs for our clients through industry innovation in post-trade operations. By standardising data and processes, the Common Domain Model will help firms to reduce reconciliation time, improve accuracy and simplify compliance, to provide a foundation for future growth and collaboration across the financial ecosystem. Together, we aim to support the industry in accelerating progress towards digitalisation and automation.
QuantCube Technology Launches Hydric Stress Indicator to Track Drought Risks in Key Agricultural Regions
QuantCube Technology has introduced the Hydric Stress Indicator, a real-time tool designed to help commodity traders, financial institutions, and agricultural producers monitor drought risks across 20 countries. The indicator leverages meteorological data and satellite imagery to track soil water stress, providing early warnings categorised by crop type, including corn, soybean, wheat, and rice.
By offering daily insights into water stress levels, the tool aids traders in forecasting supply risks, anticipating price volatility, and optimising trading strategies. It has demonstrated clear correlations between drought conditions and commodity price fluctuations, particularly in U.S. corn and wheat markets. The Hydric Stress Indicator is available alongside QuantCube’s Agricultural Yield Forecasts, which provide real-time yield estimates up to eight months ahead of official reports. These tools enhance decision-making in a climate-sensitive market by offering granular, real-time analysis at regional and global levels.
Alice Froidevaux, Director of Product Development and CFA ESG at QuantCube Technology, commented: “As climate risks continue to challenge agricultural markets, the QuantCube Hydric Stress Indicator provides traders with a critical advantage in enabling them to anticipate disruptions. In particular, the indicator is a game-changer for participants in agricultural markets eager to optimise their hedging strategies.”
LSEG Expands Market Data Offering with Additional Feeds and Market Coverage
London Stock Exchange Group (LSEG) has significantly expanded its market data services, enhancing both its real-time and historical data offerings. The expansion includes the addition of 105 feeds to its historical market data product, Tick History – PCAP, and coverage of 37 new markets in its Real-Time-Direct (RTD) service.
The RTD service, which provides low-latency market data, now includes 20 U.S. equities and Canadian markets, as well as 17 global futures exchanges. This enhancement grants customers access to a more comprehensive set of direct feeds, including full depth-of-book data for all U.S. equities and major U.S. futures exchanges. The update also introduces a simplified architecture and lower latency, maintaining LSEG’s data model for consistency and reliability.
For historical market data, Tick History – PCAP now offers more than 400 feeds, with new coverage spanning 14 markets in the Americas, 8 in the Asia-Pacific region, and 76 in EMEA. Notable additions include feeds from the Johannesburg Stock Exchange, Shenzhen Stock Exchange, and European Energy Exchange. The data, captured with nanosecond precision at exchange data centres, is now available via AWS cloud services.
LSEG’s expanded offering aims to support market participants with deeper and more diverse datasets, enabling more informed decision-making across trading and investment strategies.
Stuart Brown Global Head of Data and Feeds, LSEG, commented: “We are delighted to offer the marketplace expanded coverage for both Tick History – PCAP and Real-Time-Direct. This expansion continues our low-latency strategy to meet the needs of our front-office customers and to provide market data across the entire latency spectrum.”
SIX Launches Digital Collateral Service, Enabling Crypto and Traditional Asset Collateral
SIX has introduced the Digital Collateral Service (DCS), allowing financial institutions to post cryptocurrency assets alongside traditional securities as collateral. This new solution streamlines collateral management by enabling firms to use both asset types to cover a single exposure, improving operational efficiency and reducing counterparty risk.
Developed by integrating expertise from SIX’s international custody business and SDX, DCS enhances collateral management with robust crypto custody infrastructure. The service provides added security measures, addressing concerns of institutional investors and encouraging broader participation in institutional cryptocurrency trading.
David Newns, Head of SDX, commented: “The role of cryptocurrencies in collateral management will become increasingly important. Our new and fully integrated solution empowers product issuers, traders, brokers, and market makers to optimise their collateral usage, whether it’s crypto or traditional securities, with built-in risk management safeguards. This allows financial institutions to embrace crypto collateral on a larger scale.”
Christian Geiger, Head Clients & Products Securities Finance, SIX added: “Building on our role as a trusted financial market infrastructure and leveraging the flexibility of our state-of-the-art Triparty Agent, we are thrilled to expand our offerings to include cryptocurrencies as a new asset class for collateralisation. With the growing institutional appetite for digital assets, we are committed to meeting the needs of this highly risk-conscious investor segment through our established and reliable services.”
ETFbook Secures €4 Million Series A Funding Led by BlackFin Capital Partners
ETFbook, the data and analytics platform focused on the ETF market, has successfully closed a €4 million Series A funding round, led by BlackFin Capital Partners. The Zurich-based company, which also operates in London, Paris, Frankfurt, Amsterdam, and Dublin, offers a comprehensive ETF platform accessible via web application and APIs.
Since its launch in mid-2020, ETFbook has experienced strong growth, now serving over 35 leading institutional clients. The investment will support further expansion and development of its data-driven solutions, reinforcing its position in the European financial market.
“We are very pleased to announce BlackFin Capital Partners as our first external investor,” commented Pawel Janus, Ph.D., Co-founder and CEO of ETFbook. “This investment will accelerate the execution of our ambitious product roadmap and geographic expansion strategy, enabling ETFbook to better serve the ever-evolving data & analytics needs in the thriving ETF markets, globally.”
Validus Risk Management Secures $45M Growth Investment from FTV Capital
Validus Risk Management, a leading financial risk management software and services provider, has secured a $45 million growth equity investment from FTV Capital. This minority investment will support Validus in accelerating its market expansion across the United States, APAC, and Europe, while also driving advancements in technology and product innovation.
The investment comes as the alternative assets market surpasses $13 trillion in assets under management, with firms increasingly relying on specialized technology for risk management and operational efficiency. Validus, which serves over 750 funds managing a collective $3.2 trillion in assets, offers innovative software and tech-enabled solutions across private debt, private equity, secondaries, infrastructure, and real estate. The company has maintained strong profitability and consistent recurring revenue growth, positioning itself as a key player in the evolving private markets sector.
Kevin Lester, co-founder and chief executive officer at Validus, commented: “For the past 15 years, our relentless commitment to excellence has been the foundation of our success. We are proud to serve some of the world’s largest private capital managers, while maintaining a culture that never stands still. Innovation drives us—whether through designing customised hedging strategies or developing technology that streamlines operations, mitigates risk, and enhances efficiency for our clients. With the backing of FTV Capital, we are poised to scale faster and deliver even greater value to our growing client base.”
Mike Cichowski, partner at FTV Capital, added: “The global alternative asset industry is massive and growing, yet risk management has been largely overlooked. Validus fills this gap in the market, delivering a comprehensive platform and innovative technology solutions that not only address risk management but also drive operational efficiencies in the middle-office. Validus has demonstrated its success and potential, consistently growing market share profitably and proving itself as the solution of choice for many of the world’s leading private capital firms. We’re thrilled to lead this investment and look forward to partnering with Kevin and the Validus team to accelerate the company’s growth.”
Y-Intercept Extends Partnership with TS Imagine
TS Imagine, the global provider of trading, portfolio, and risk management solutions, has announced that Hong Kong-based quantitative investment firm Y-Intercept will continue using RiskSmart+ for another three years. Y-Intercept initially implemented the platform in January 2022 to support its systematic trading operations.
RiskSmart+ is designed to help larger firms scale their risk operations efficiently. By leveraging the solution, Y-Intercept aims to handle increasing trading volumes and expand into new markets. The platform provides real-time analytics, advanced risk models, and workflow automation across multiple asset classes. Additionally, it enables portfolio and risk managers to manage positions, cash, and P&L, while streamlining trade reconciliation with brokers. The extended partnership reinforces TS Imagine’s role in supporting financial institutions with comprehensive risk and portfolio management solutions.
Simarjit (Sim) Johal, Head of Asia Pacific at TS Imagine, commented: “We’re proud to expand our relationship with Y-Intercept as they expand their footprint in multi-asset trading. With RiskSmart +, Y-Intercept will scale and streamline operations – automating complex workflows while enabling the firm to manage increasing transaction volumes. The growth of our relationship with Y-Intercept demonstrates our ability to support clients at every stage of their evolution, using best-in-breed trading technology to navigate fast-paced risks in real-time – allowing their businesses to scale safely as exposures grow in volume and complexity. We are excited to continue to support the business as it goes from strength to strength.”
Kevin Chang, Chief Operating Officer at Y-Intercept, added: “Our partnership with TS Imagine has been instrumental in optimising our portfolio management workflows. With the ability to access robust security master, automate trade uploads, extract PMS data, and manage positions, cash, and P&L efficiently, RiskSmart + enables us to stay ahead in fast-moving markets and ever-changing regulatory compliance requirements. Ensuring our business can scale, minimise operational risk and safeguard our investors’ asset is vitally important, which is why we are excited to be deploying TS Imagine’s advanced technology.”
Broadridge and Symphony Partner to Enhance Post-Trade Communication
Broadridge Financial Solutions partnered with Symphony to integrate secure messaging technology into its NYFIX Matching platform, enhancing communication between asset managers and executing brokers.
The integration allows asset managers to communicate directly with brokers via Symphony’s secure messaging system, improving compliance, transparency, and the resolution of post-trade discrepancies. This marks the first instance of a post-trade matching tool incorporating messaging capabilities, addressing a longstanding industry need.
Developed in response to client feedback, the new functionality aims to accelerate and simplify broker communication. It is now available to all NYFIX customers.
George Rosenberger, Head of NYFIX, Broadridge Trading and Connectivity Solutions, commented: “By integrating Symphony’s messaging functionality, we are enabling clients to resolve post-trade inaccuracies faster and with greater ease, ultimately enhancing operational efficiency. This is the latest example of simplifying the client experience with innovative solutions to meet their evolving needs and help them better operate, innovate and grow.”
Brad Levy, CEO of Symphony, added: “As the financial industry advances towards workflow digitization, it has become increasingly reliant on modern, secure, and interoperable collaboration tools to mitigate?risks and increase efficiencies. Through this collaboration, we are able to accelerate trade flows and improve real-time transactional accuracy for Broadridge’s clients.”
ThaiQuest Partners with SIX to Enhance Financial Data Services in Thailand
ThaiQuest, The Thailand-based financial markets solutions vendor, has entered a multi-year partnership with SIX, the global financial data and market infrastructure provider, which will give ThaiQuest customers access to the comprehensive financial data universe of SIX via the SIX Web API, a modern data gateway designed for digital financial platforms.
The partnership aims to enhance ThaiQuest’s financial information services by integrating reliable and comprehensive market data, improving accuracy and user experience for its clients. It also signifies SIX’s commitment to strengthening its presence in the Asian market by working with Thailand’s leading market data provider. Additionally, the integration of the SIX Web API will bring real-time data processing and seamless delivery of financial insights to ThaiQuest’s platform.
Matthew Nurse, Global Product Director, Financial Information at SIX, commented: “The financial data and API toolset from SIX is the ideal fit for digital applications and platforms, built for reliability and scale.”
Pongsaya Hongswadhi, ThaiQuest’s Chief Executive Officer, added: “With the reliable data and modern API technology from SIX, we’re better equipped to serve our clients and meet the demands of a rapidly evolving financial landscape.”