IPC and Newsquawk Partner to Launch Connexus Broadcast, for Real-Time Audio Market Data

IPC, the communications and multi-cloud connectivity solutions provider, and Newsquawk, the multi-asset audio market data service, have partnered to launch Connexus® Broadcast, which monitors and reports data and news from hundreds of mainstream and social media sources, and provides audio market data feeds as a real-time stream through IPC’s Connexus Cloud.

The new Connexus Broadcast service is designed to support traders, asset managers, brokers, and risk and compliance teams.

Taskize Network Reaches Milestone of 500 Financial Institutions

Taskize, the provider of inter-company workflow to the financial services industry, has achieved a significant milestone with 500 financial institutions now live on the company’s network, almost double the 289 companies in January 2021.

The global, web-based platform allows firms to more efficiently manage operational issues across counterparties as well as internally within their organisation. The recent growth of the network is attributed to the wave of new regulations and industry initiatives, such as T+1 settlement, which have created an increased need for faster and more efficient resolution of settlement breaks and margin disputes.

APG Chooses FlexTrade for Multi-Asset Execution Management

Multi-asset execution and order management systems vendor FlexTrade has been selected by APG Asset Management, to consolidate and streamline its multi-asset execution management capabilities. APG identified the need to overhaul its execution management operations as part of a broader front office transformation initiative, and following a successful proof of concept, selected FlexTRADER EMS as the optimal solution to handle the trading of equities, fixed income and foreign exchange from a single platform.

APG will leverage FlexTRADER EMS to create customisable workflows and provide its trading teams in the Netherlands, Hong Kong, and the US with a consistent set of data, tools, and interface to improve trading efficiency.

Temenos Launches ESG-as-a-Service for Wealth, Bank Clients

Banking software provider Temenos has created an ESG-as-a-service products that enable its bank and wealth management clients to create financial products to meet growing demand for sustainable investments. The new offering will run on the Swiss company’s Temenos Banking Cloud but can also be accessed via any cloud or on-premises infrastructure.

Arabesque Renames its X-Ray ESG Product as it Scales Business

Arabesque has rebranded its core S-Ray ESG data product to ESG Book, the name that had been given to its publicly available data resources. The German data provider and asset manager said the move was part of a scaling of its sustainability business. ESG Book was launched late last year with the backing of financial institutions including HSBC, Deutsche Bank and The International Finance Corporation (IFC).

Digital Securities Exchange ECXX Selects OneTick Trade Surveillance

OneMarketData, the tick data management and analytics vendor, has signed ECXX, an asset-based digital securities exchange, as a customer for its OneTick Trade Surveillance product.

ECXX is an exchange platform allowing both professional traders and accredited investors to buy and sell digital assets, aiming to deliver trustable and secured digital asset trading services with high liquidity. By deploying OneTick, ECXX will look to benefit from the same technology that leading traditional exchanges use to meet the most complex and stringent global regulatory requirements.

Robeco Goes Live with Goldman Sachs Pre-Trade Analytics on FlexTRADER EMS

Execution and order management systems vendor FlexTRADE has announced that asset manager Robeco in now running Goldman Sachs pre-trade cluster analytics and market impact estimates within FlexTRADER EMS. The move is designed to optimise the support for Robeco’s best execution obligations.

With this integration, Robeco’s trading teams using FlexTRADER EMS can seamlessly access and view Goldman Sachs’ pre-trade analytics as actionable intelligence embedded within their order blotter, to adjust their trading style and strategy based on intra-day, trading-related information. They can also set parameters and apply dynamic rules to automate and streamline workflows to improve efficiency.

Parameta Solutions Partners with BT Radianz to Offer Real-Time Market Data via SURFIX

Parameta Solutions, the data and analytics division of global inter-dealer broker TP ICAP, has announced that BT Radianz will now carry its SURFIX feed via the BT Radianz Cloud. SURFIX provides all TP ICAP market data in real time via a single, consolidated API feed rather than through multiple different feeds. The data encompasses the Tullet Prebon, ICAP and PVM brands and includes data sets covering Rates, FX, Money Markets, Energy & Commodities and other market data.

BT Radianz Cloud members can now choose to consume SURFIX via their Radianz connections, reducing the time taken to set up access to the consolidated TP ICAP market data feed.

TNS Launches Managed Hosting & Colocation Access in Madrid

Transaction Network Services (TNS) has launched its Managed Hosting and Colocation offering in Madrid, targeting financial market participants looking to access Spain’s principal stock exchange, Bolsas y Mercados Españoles (BME). The deployment in Spain becomes TNS’s third Managed Hosting and Colocation venue in mainland Europe, following Frankfurt and Bergamo.

The combination of colocation with BME and ultra-low latency Layer 1 connectivity inside the data centre will enable firms to access execution speeds that are up to 10 times faster than traditional Layer 3 architectures, according to the company.

Paramata Solutons Becomes FCA-Authorised Benchmark Administrator

Parameta Solutions, the Data & Analytics division of TP ICAP, has become the first FCA- authorised interdealer-broker to administer OTC benchmarks and indices. The company also takes over administration of the nine TP ICAP mid-price interest rate swaps benchmarks that were previously administered by Moorgate Benchmarks Ltd.

As a benchmark administrator, Parameta will look to create future benchmarks & indices, specifically focused on the ESG and rates space, aiming to increase transparency for clients, and to help them accurately compare their performance against asset allocation strategies.