TradingTech Insight Regulatory compliance The latest content from across the platform

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…

CIAM Selects Steeleye for Trade Surveillance, Best Execution and Trade Analytics

CIAM, an event driven investment management firm focused on special situations and using activism as one of several tools to unlock shareholder value, has replaced its existing technology set up with SteelEye regulatory compliance and analytics solutions. The firm has licensed SteelEye’s trade surveillance, best execution and core package, which includes record keeping, trade reconstruction…

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…

State Street collaborates with Gemini on digital asset pilot

State Street has started a digital asset pilot with Gemini, a cryptocurrency exchange and custodian. The pilot builds on ongoing research and development to combine Gemini Custody with State Street’s back office reporting, and performs reporting scenarios on a user’s holdings within Gemini Custody. Initially, the pilot reports holdings of two cryptocurrencies chosen for liquidity…

SteelEye Extends Reach with Office in Paris

SteelEye, a compliance technology and data analytics firm, has taken the next step in its international expansion with the opening of an office in Paris. The office supports SteelEye’s rapid growth and positions the company closer to regulated financial markets in France, as well as the Benelux region, Switzerland and many of its existing clients….

FINRA CAT Selects AWS to Support Consolidated Audit Trail Platform

The US Consolidated Audit Trail (CAT) has taken another step forward with FINRA CAT, the CAT plan processor, selecting Amazon Web Services (AWS) as cloud provider for the audit trail of order information for all US equity securities and listed options across US markets and trading venues. AWS storage, compute, database, analytics and security services…

Cboe Acquisition of EuroCCP Offers Potential for Equity Derivatives Trading

Cboe Global Markets has made a definitive agreement to acquire EuroCCP, a pan-European equities clearing house. The transaction will bring together two companies that champion competition, open access and clearing interoperability in Europe. Additionally, Cboe’s ownership of EuroCCP is expected to provide opportunity to pursue the development of equity derivatives trading and clearing capabilities in…

Exchanges Can Justify High Fees – But Only if They are Adding Value

By Neill Vanlint, Head of Global Sales & Client Operations, GoldenSource. Across global financial markets, it is hard to think of a more contentious issue right now than the prices exchanges are charging for their trading data. Some high-profile potential acquisitions, including the London Stock Exchange’s $27 billion bid to buy Refinitiv, mean there could…

VoxSmart Extends Comms Surveillance Capability with Acquisition of Fonetic Trading Business

VoxSmart, a provider of mobile surveillance technology, has acquired the trading business of Fonetic with a view to delivering a complete communications surveillance offering that addresses market demand for consolidation and integration compliance and surveillance solutions. The acquisition, financial details of which have not been disclosed, follows some high-profile regulatory investigations and prosecutions, such as…

Goldman Sachs Throws Weight Behind Open Source with Contribution of PURE and Alloy to FINOS

Goldman Sachs has thrown its weight behind the Fintech Open Source Foundation (FINOS) with a major open source contribution of a logical modelling language, internally named PURE, and a platform and visual modelling tool that generates PURE-based models, known within Goldman as Alloy. The contribution is designed to encourage banks to further adopt open source,…