TradingTech Insight Market Data & Analytics The latest content from across the platform
Innovation Delivers Improved Trading Performance, Lower Costs and New Opportunities
Time series databases, predictive analytics, ultra-low latency network products, sophisticated algorithms and artificial intelligence are on the wish list of many trading firms looking for innovative technologies to improve trading architecture and support high performance trading. They do, however, come with challenges, cost implications and the need for management buy-in. Speaking on a recent A-Team Group…
Bloomberg Increases Transparency in US Treasuries and Interest Rate Swaps Pricing
Bloomberg has introduced Bloomberg Capital Markets Package (BCMP), a data service that combines NEX’s BrokerTec US treasuries data with US dollar spread-over data from Tradition’s Trad-X platform to increase market transparency and provide the global issuance and derivatives community with intuitive access to the firms’ datasets. Bloomberg says consolidating the BrokerTec and Trad-X data –…
Advanced Logic Analytics Offers AI Driven Market Sentiment Tool
Advanced Logic Analytics (ALA) has introduced ALASA, a market sentiment tool designed to help investment banks and trading firms make sense of human and market signals from financial data published online. The solution uses proprietary algorithms, machine learning and natural language processing to gather financial information published online from any number of professional and crowd-based…
Thomson Reuters Partners CryptoCompare to Add Cryptocurrency Data to Eikon
By Uri Inspector, Staff Reporter Thomson Reuters has made a strategic partnership with global cryptocurrency market data aggregator CryptoCompare to provide crypto data to the Eikon financial analysis desktop platform. The deal takes Thomson Reuters further into the crypto space, with CryptoCompare integrating its real-time order book and trade data for 50 leading crypto coins…
ITRS Partners Velocimetrics to Improve Operational Resilience
ITRS Group has partnered Velocimetrics to give users of its ITRS Geneos real-time monitoring solution the ability to independently trace and analyse the real-time performance of every trade as it is processed and improve operational resilience. The need for improved resilience was raised earlier this month in a joint discussion paper from the FCA, PRA…
Options Technology Appoints Micah Kroeze to Drive Growth
Options, a cloud-enabled managed service and IT infrastructure provider, has expanded its New York management team with the appointment of Micah Kroeze as vice president of product management. Kroeze previously held positions at NYSE Technologies and Vela Trading Systems, where he facilitated the growth of the firm’s market data and hosted services product lines. At…
Thomson Reuters Financial & Risk Business to be Renamed as Refinitiv
Thomson Reuters Financial & Risk business will be renamed as Revinitiv following the closure of the company’s strategic partnership with private equity fund manager Blackstone, which will acquire 55% of the business and leave 45% with Thomson Reuters Financial & Risk in its new guise as Refinitiv. David Craig, president of the Financial & Risk…
State Street Global Exchange Builds Out Alternative Data Services
State Street Global Exchange (SSGX) is building out its data offering with alternative data services designed to provide unique market insight for its clients. The services include MediaStats, which aggregates media derived insights to provide an understanding of industry and macroeconomic trends; PriceStats, which provides high-frequency measures of inflation and real exchange rates drawn from…
Trading Tech Consolidation Continues with State Street’s $2.6bn Purchase of Charles River
State Street’s $2.6 billion acquisition of financial data firm Charles River Systems, Inc (Charles River Development) has been heralded in some quarters as game changing. But is it really, or is it perhaps just another step in ongoing consolidation in the trading tech space, and indeed in the logical development of the role of the…
Corvil Enters Client Analysis Space with AI-Powered Intelligence Hub
By Uri Inspector, Staff Reporter Corvil’s release last week of its Intelligence Hub propels the Dublin-based data analytics specialist into the burgeoning world of business intelligence for the trading environment. Building on the company’s long-established trading infrastructure monitoring and latency measurement offerings, the Intelligence Hub extracts data from Corvil analytics appliances at every stage in…