TradingTech Insight Data Delivery, Cloud & Managed Services The latest content from across the platform

Options Collaborates with Pure Storage on All-Flash Storage-as-a-Service

Options, a provider of cloud-enabled managed services, has collaborated with Pure Storage to deliver all-NVMe (non-volatile memory express), all-flash cloud storage to capital markets. Built on Storage-as-a-Service infrastructure from Pure Storage, the solution allows Options’ customers to reliably store data at scale and access the information instantly across its global financial network. Customers can also…

AxeTrading Addresses Best Execution for Fixed Income with Addition of Overbond Analytics

Bond trading software provider AxeTrading has teamed up with fixed-income analytics specialist Overbond to add its COBI pricing analytics to the AxeTrader execution management system (EMS). The arrangement reflects growing demand for analytics to support pricing evidence as regulations like MiFID II sharpen the focus on best execution within the fixed-income arena. The integration allows…

Xignite Offers Trade Data in AWS Data Exchange

In late January, Xignite announced that their financial data APIs are available in AWS Data Exchange, a new service of Amazon Web Services (AWS) that enables customers to securely find, subscribe to, and use third-party data in the cloud. Other qualified data providers working with AWS Data Exchange include Reuters and Dun & Bradstreet. Xignite…

TickSmith Renames TickVault to TickSmith GOLD

TickSmith has renamed its Big Data platform, TickVault, as TickSmith GOLD – gather, organise, leverage and distribute. GOLD manages thousands of data sets representing petabytes of data and the change was made to accurately represent how the platform works from the moment data is ingested, to the moment it is distributed. Also to also highlight…

Fenics GO Adds Citadel to Trading Platform for Exchange Listed Futures and Option

Fenics GO, a division of BGC Partners, has announced that Citadel Securities, a leading global market maker, has joined its electronic trading platform for exchange listed futures and options. Citadel Securities joins IMC, Maven Securities and Optiver in providing committed two-way liquidity in Eurex listed Euro Stoxx 50 Index Options and related Delta 1 strategies…

BMO Acquisition of Clearpool Adds Holistic Trading Platform, Algo Management System and Broker-dealer

Clearpool, a New York-based provider of holistic electronic trading solutions and an independent agency broker-dealer, has entered a definitive agreement to be acquired by BMO Financial Group, parent of BMO Capital Markets. Clearpool expects the acquisition to accelerate development of its trading technology and provide infrastructure to become a global provider of a multi-asset electronic…

UK and European Regulators Seek to Strengthen Cloud Rule Framework

As trading firms seek to leverage the operational benefits presented by cloud hosting and delivery, UK and European regulators are launching initiatives to improve risk management and ensure resilience of financial markets participants’ cloud-based activities. For many trading firms, cloud offers a compelling solution to a growing number of use cases. The Association for Financial…

CloudMargin Promotes Armando Hernandez to Expand Presence in North America

London-based CloudMargin, provider of a collateral and margin management solution native to the cloud, has promoted Armando Hernandez to the new role of executive director, head of North America. Hernandez joined CloudMargin in September 2018 as director of new business development for North America. In his new role, reporting to CEO Stuart Connolly, Hernandez takes…

Velocimetrics Cuts Costs with Software Only Network Monitoring and Cloud Traffic Storage

Velocimetrics has released stream2Cloud, a software only network monitoring and traffic storage solution that can be used across multiple sites and provides access to real-time enterprise analytics. The solution is based on tried and tested Velocimetrics technology, such as network traffic capture protocol decoders developed for real-time analytics. It can be integrated with Velocimetrics’ VMX…

Options Sets Targets Following Investment from Private Equity Firm Abry Partners

Options Technology, a provider of cloud-enabled managed services, plans to accelerate growth strategy, pursue strategic M&A targets, invest in its technology platform and expand its reach to key global financial centres following ‘significant growth investment’ from Boston-based private equity firm Abry Partners. Details of the investment were not disclosed. Founded in 1989, Abry is a…