California’s Push Technology, which provides real-time data streaming and messaging solutions, has partnered with London-based Baker Technology, a specialist user interface software engineering firm that builds bespoke trading systems for global investment banks and exchanges. Through the partnership, Baker will use Push’s Diffusion Real-Time API Management platform to provide a single, secure, unified gateway for distributing and synchronizing shared data models out to their on-premise and cloud-based trading systems built in HTML5. Financial service firms will be able to outsource UI development to Baker – while using Diffusion, Baker can reduce the development time it spends writing the network stack to connect their user interfaces to a variety of data services.
A-Team Insight Briefs
The Covid-19 pandemic has shaken financial institutions’ working practices to the core. Trading volumes have exploded, with some venues recording more than 10X the usual volume of transactions. Volatility has raged, with the benchmark VIX index testing new highs. And nor are these one-offs; the impact has been sustained since the virus hit in early...
Citi Makes Strategic Investment in Low-Code Specialist Genesis, While Deploying Company’s Application Platform
Citi’s Markets FinTech Investments and Spread Products Investment Technologies (Sprint) groups have teamed up to make a strategic investment in Genesis, whose Low-Code Application Platform (LCAP) allows rapid and modular development of trading-related and other applications. At the same time, Citi will deploy Genesis’ LCAP to complement its mainstream application development methodologies in the hopes...
Data Management Summit USA Virtual will explore how sell side and buy side financial institutions are navigating the global crisis and adapting their data strategies to manage in today’s new normal environment.
The on-site data management model is broken. Resources have been squeezed to breaking point. The industry needs a new operating model if it is truly to do more with less. Can hosted/managed services provide the answer? Can the marketplace really create and maintain a utility-based approach to reference data management? And if so, how can...