A-Team Insight Brief
Qotingo to Incorporate Sustainalytics, ISS, Clarity AI Data
Sustainability data provided by Sustainalytics, ISS and Clarity AI will now be available to clients of risk analytics and indexing platform Qotingo. The three vendors’ feeds will be incorporated in Qotingo’s cloud-hosted Axioma Portfolio Optomizer (APO). Sustainalytics’ data will also be included in the company’s Axioma Portfolio Analytics (APA) for performance attribution and reporting, and Axioma Risk Model Machine (RMM), which enables users to customise risk models. Qotingo said the new feeds would give its financial clients the ability to model portfolios, calculate their own ESG risk exposures and generate performance measurements.
Avelacom Launches JPX Connectivity Solutions
Avelacom, a low latency connectivity and infrastructure provider, has launched colocation and network services with Japan Exchange Group (JPX) and has become one of the exchange’s arrownet-Global Partner Network vendors. Avelacom has been increasing its presence in Tokyo over the past four years, by opening a branch office in Tokyo, operating points-of-presence (PoPs) in several data centres, and obtaining permission from the local telecommunications authority to provide telecommunications services in Japan. Customers both inside and outside of Japan can now directly access JPX’s exchanges and markets in cash equities, commodities, and derivatives via Avelacom’s connectivity solutions.
Delta Capita Expands Scale and Reach with Acquisition of JDX Consulting
Delta Capita, a provider of managed services, solutions and consulting to capital markets participants, has acquired JDX Consulting, a resource augmentation and consulting business headquartered in the UK and with presence in the US and APAC. The acquisition is part of Delta Capita parent Prytek technology group’s commitment to allocate $500 million to accelerate development and deployment of the Delta Capita managed services platform. It also brings Delta Capita to a total of 1,100 staff and revenues of $130 million.
ION Links Up with Trumid for Credit Markets eTrading
Trading solutions vendor ION Markets has upgraded its connectivity to Trumid, an electronic bond trading platform, to support Trumid’s Attributed Trading, a disclosed dealer-to-client negotiation protocol, through the ION Credit solution. The upgrade, which builds on previous versions of Trumid supporting axe contribution and post-trade functionalities, now provides access to diverse market data sources, automation for axe and run management, and ION’s advanced pricing engine, which will overcome the complexity and fragmentation of credit markets and equip users to deliver fast, accurate service, according to the company.
M&G Selects Bloomberg DMS for ESG Data Consolidation
Bloomberg Data Management Services (DMS) is to manage the ESG data of M&G Investments, consolidating the UK investment house’s sustainability information feeds into its cloud-based platform. The deal will see DMS link M&G’s ESG data with its analytics, pricing and other data sources, mapping them to a common hierarchy. M&G clients will be able to access the feeds via APIs or SSH File Transfer Protocol (SFTP).
S&P Global Acquires The Climate Service
Climate risk calculations provider The Climate Service has been acquired by S&P Global to bolster its ESG data products. The Durham, North Carolina-based company created the Climanomics platform, which quantifies companies’ climate risks in alignment with the Task Force gor Climate Related Financial Disclosures (TCFD). S&P Global will add the service to its ESG offerings, which include the Sustainable1 data, benchmarking and analysis suite to tools.
Deloitte and AccessFintech Join Forces to Address Digital Transformation
Deloitte and AccessFintech have formed a strategic alliance to support financial institutions as they digitally transform their operations. The alliance brings together Deloitte’s financial services industry consulting and advisory services, and AccessFintech’s data management and workflow solutions that are designed to overcome challenges relating to legacy IT platforms, fragmented data and manual processes. AccessFintech’s offerings include Synergy DataLake, which enables the industry to share data and optimise operations through collaboration; and Synergy Network, which enhances data and workflows, and underpins the transformation of operations using transaction lifecycle management and benchmarking insights from across the financial ecosystem.
PKO Bank Polski Selects SS&C FRTB Solution
PKO Bank Polski has implemented SS&C’s Fundamental Review of the Trading Book (FRTB) standardised approach solution. As part of an update of its risk management framework, the bank will use SS&C’s FRTB solution to calculate risk sensitivities and provide FRTB-specific calculations and workflows, extensive model coverage, high performance, scalability and extensibility through APIs. The bank also uses SS&C’s Algorithmics Workspace Analyzer with the FRTB solution to provide aggregation, sandboxing and what-if capabilities, and SS&C Algorithmics market risk and counterparty credit risk solutions.
Bloomberg Adds Municipal Bonds ESG Tracker
Bloomberg has widened its coverage of municipal bonds in the US with a an ESG-focused index. the Bloomberg US Municipal Impact Index tracks local and regional dollar-denominated debt that has been categorised as green, social or sustainability securities at issuance or via an independent assurance organisation. The bonds will also feature within sub indexes for each individual category. Only tax-exempt issues that have at least a year until maturity are included.
ICE Integrates RIMES ETF Data
Intercontinental Exchange (ICE) has integrated ETF data managed by RIMES into several of its products, including ICE ETF Hub, ICE Portfolio Analytics and ICE FI Select. The addition of the RIMES data will allow customers to access digestible and comprehensive equity and fixed income ETF data across ICE’s suite of ETF workflows, and gain deeper insights, analytics and data around ETFs to make better informed decisions.