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big xyt Addresses Gap in Market After Closure of Fidessa Fragulator with XYT View
Reflecting the ever increasing problem of fragmented market data, big xyt, a provider of market data analytics, has released XYT View, an aggregated view of data that firms can use to ensure they are achieving the best possible outcomes for themselves and their clients. XYT View is a web-based tool that allows the trading community…
HKEX Pulls Out of Bid for LSE
Hong Kong Exchanges & Clearing (HKEX) has dropped its $37 billion bid for the London Stock Exchange Group (LSEG) because it has been unable to engage with LSEG management to realise the deal. While the frustration of HKEX is palpable in its withdrawal statement, there will no doubt be sighs of relief at LSEG as…
Fenics Market Data Releases Enhanced FX Pricing Data Package
Fenics Market Data (Fenics MD), a division of BGC Partners, has released an enhanced FX data package (FMD FX) with over 46,000 new FX records comprising of 350+ currency pairs in Spot, Forward FX and NDF to complement the 120 FX Options currency pairs already available. FMD FX is based on proprietary technology that includes…
ACA Compliance Launching ‘Next Generation’ RegTech Surveillance Platform
In response to what it views as a fragmented regulatory ecosystem, ACA Compliance has launched a new compliance and risk management platform aimed at assisting firms to automate their processes, connect their data sources and scale up their compliance strategy. ComplianceAlpha 2.0 is a new trade surveillance approach targeting employee compliance – helping firms to…
Fenics Market Data Releases US Treasuries Data Services
Fenics Market Data (Fenics MD), a division of global brokerage BGC, is building out its portfolio with the addition of a US dollar data service, FENICSMD 20/20, a premium service that combines the precision pricing of Fenics USTreasuries (Fenics UST), an electronic US Government securities trading venue owned by BGC, with real-time interest rate swaps…
SS&C Expands Risk Analytics with Agreement to Buy Algorithmics’ Assets from IBM
SS&C Technologies has reached a definitive agreement to acquire certain Algorithmics’ and related assets from IBM. The addition of Algorithmics, a provider of risk analytics products and capital management solutions, will extend SS&C’s risk analytics and regulatory offering by adding over 200 clients, 350 employees and offices in 25 countries. Client types include banks, broker…
Broadridge Releases Cloud-based Data Control Solution Set
Broadridge Financial Solutions has released a cloud-based data control solution set designed to help financial firms address the operational challenges of managing the lifecycle of transaction data. The solution set combines Broadridge’s reconciliation and matching solution with enhanced data analytics, multi-bank connectivity and flexible financial messaging. The aim of the solutions is to provide an…
New and Established Firms Take Opposing Views on ESMA Market Data Consultation
Newer financial markets firms and FinTech companies have come out strongly in favour of regulatory action on market data within the EU. In contrast, some more established players are taking the view that little or no action is needed, and any issues are the fault of the regulator in the first place. These, and other…
Transaction Network Services Adds Euronext Derivatives Market Data Service
Transaction Network Services (TNS) continues to build out its electronic trading solutions and services portfolio, and meet growing demand for market data, through an agreement to become a vendor of record for Euronext derivatives market data. TNS says its fully managed Euronext derivatives market data service allows market participants to lower the cost of accessing…
Moody’s Names Senior Executives
Moody’s Corporation has named Robert Fauber, currently president of Moody’s Investors Service (MIS), to the new role of chief operating officer of Moody’s Corporation. Fauber will drive the company’s strategic initiatives to maximize the company’s strengths and position it for the next stage of growth. Moody’s has also named Michael West to succeed Fauber as…