TradingTech Insight Data Centres, Connectivity & Colo (KH) The latest content from across the platform
Xilinx Seeks to Democratise FPGA in Trading with Accelerated Algo Framework
FPGA pioneer Xilinx has launched what it reckons is the industry’s first hardware-based algorithm trading solution stack in a bid to make FPGAs more accessible to the marketplace. Xilinx Accelerated Algorithmic Trading, a new algorithmic trading reference design, will provide traders, market data providers and algorithmic trading platforms with a modular and open-source solution, to…
Chronicle Integrates Latency-Optimised Messaging Framework with KX’s kdb+
London-based low-latency technology specialist Chronicle Software has developed an off-the-shelf integration between its Chronicle Queue messaging framework and KX’s kdb+ high-performance database in partnership with consultancy firm AquaQ. According to Chronicle CEO Peter Lawrey, over 80% of the Top 100 banks Globally use the company’s Enterprise or Open Source products. Many of these banks are…
The Deal is Done – LSEG Completes Acquisition of Refinitiv
A big day in the City last Friday as the London Stock Exchange Group (LSEG) completed its all-share acquisition of Refinitiv first mooted back in July 2019. The acquisition is expected to create a leading, UK-headquartered, global financial market infrastructure provider with a strong data and analytics business, significant capital market capabilities across multiple asset…
BMLL Expands Distribution Ecosystem with Kx Platform
London-based analytics specialist BMLL Technologies’ new partnership with First Derivatives’ Kx will make BMLL’s data and analytics available via the Kx Streaming Analytics platform, which is used by many of the world’s major global financial institutions. The arrangement gives BMLL a significant new distribution channel as it continues its expansion in the wake of last…
DXC Technology Spins Off Fixnetix to Options Technology
Almost four years after inheriting the company as part of its 2017 acquisition of CSC, DXT Technology has spun off capital markets infrastructure specialist Fixnetix in a sale to erstwhile rival Options Technology. Terms weren’t disclosed. The transaction – which is expected to close in the first half of this year – marks a full…
The Composable Enterprise and Desktop Integration
By James Wooster, COO, Glue42. The starting point for this piece was a statistic buried within a report on the UK Contact Centre market[1]. It stated, on page 138, that across all industries, including Capital Markets, the cost of users navigating themselves within and between applications was estimated to be in excess of £4.3 billion…
Pico Closes $135 Million Series C with Eye on Strategic Acquisitions
Pico’s addition of Intel Capital as a new investor – announced last week – completes the trading infrastructure specialist’s $135 million Series C investment round, setting in place the foundation for its next phase of growth. Encouraged by the success of its 2018 purchase of Corvil, Pico intends spending at least some of that cash…
Beeks’ Colocation-as-a-Service Offers Agile Test Access to SGX
Beeks Group’s Colocation-as-a-Service (CaaS) collaboration with the Singapore Exchange (SGX), announced last week, offers market participants rapid access to high-speed connectivity without a major financial or contractual commitment. The facility allows firms to test new approaches and products, using on-demand virtual machine (VM) access, then easily shift to a bare-metal production environment should the test…
Electronification in Fixed Income – Where is it Headed?
By Mike O’Hara, Special Correspondent. As we approach the third anniversary of its implementation date, the impact of the EU’s MiFID II continues to be felt around the world as global players adopt key measures as a form of best practice. Part of its wide remit to recast the mould for European institutional financial markets…
A-Team Group Introduces 2021 Innovation Awards
Here at A-Team Group we have been working hard on plans to celebrate innovative projects and teams with the launch of our A-Team Innovation Awards. The awards are designed to reward teams that have found innovative ways to make use of new and emerging technologies to solve challenges at financial institutions in capital markets. The…