Los Angeles-based Wedbush Futures, one of the largest non-bank Futures Commission Merchants (FCM) in the US, is switching from legacy products to Trillium’s Surveyor platform for trade surveillance. The Surveyor software qualifies alerts using full depth-of-book market data. It also offers next-generation detection, visualisation and workflow functionality to keep up with today’s demands for surveillance.
For quantitative researchers and quant trading teams at banking and capital markets firms, the ability to access, integrate, and share data is critical. Data and how teams collaborate with data underpins the ability to generate alpha, perform execution analyses, and provide a modern and differentiated client experience. However, for most banks, legacy technology stacks and...
The US Securities and Exchange Commission (SEC) has taken action against 11 firms for consistent and long-standing failures in maintaining and preserving electronic communications. The 11 firms, 10 broker-dealers and one dually registered broker-dealer and investment adviser, admitted violating recordkeeping provisions of the federal securities laws and have agreed to pay a collective penalty of...
Now in its 7th year, the RegTech Summit in New York will bring together the regtech ecosystem to explore how the North American capital markets financial industry can leverage technology to drive innovation, cut costs and support regulatory change.
The potential of a reference data utility model has been discussed for many years, and while early implementations failed to gain traction, the model has now come of age as financial institutions look for new data management models that can solve the challenges of operational cost reduction, improved data quality and regulatory compliance. The multi-tenanted...