TradingTech Insight Trading Infrastructure & Cloud The latest content from across the platform
Enyx Seeks to Democratize FPGA Development with New nxFramework
Low Latency solutions provider Enyx has launched a nxFramework, a standardardized, ultra-low latency FPGA development framework aimed at addressing the complexity of deploying FPGA in high-performance trading environments. According to Enyx CEO Arnaud Derasse, the company expects the new framework will allow it to reach a new generation of potential users seeking to add hardware-based solutions…
Recorded Webinar: Financial Services Infrastructure in the Post-Covid Environment
The Covid-19 pandemic has shaken financial institutions’ working practices to the core. Trading volumes have exploded, with some venues recording more than 10X the usual volume of transactions. Volatility has raged, with the benchmark VIX index testing new highs. And nor are these one-offs; the impact has been sustained since the virus hit in early…
Barclays Looks to the Future with OpenFin Trading Desk Transformation
Barclays had a problem. It wanted to revamp its BARX single-dealer, cross-asset electronic trading platform to incorporate integrated analytics: avoiding the complexity of an additional standalone application but still adapting to the rapidly changing user needs of the current, complex trading environment. The answer? An innovative collaboration with OpenFin, an industry-wide operating system in which…
Xignite Boosts APIs to Streamline Data Delivery Amid Covid-19
California-based Xignite, a provider of market data distribution and management solutions for financial services and technology companies, this week scaled up the functionality of two of its financial data cloud APIs to offer greater speed and specificity. Xignite customers integrate financial data via Cloud APIs to power FinTech apps, such as robo-advisors, trading platforms, stock charts and investment analysis software….
Xignite’s Dubois: Covid-19 Expected to Accelerate Shift to Cloud for Market Data
The Covid-19 pandemic and its concomitant shift of much of the work force to home-working may force a re-evaluation of on-premises market data management. After an initial delay as the pandemic kicked in, financial institutions’ interest in cloud-based delivery of market data is now accelerating, according to Xignite CEO Stephane Dubois. Xignite has seen a…
Controlling Market Data Usage and Costs in WFH Environments
The Covid-19 pandemic has transformed the way financial services firms operate: with staff dispersed across numerous alternative sites or working from home, and many still requiring access to fee-liable market data and other financial information services in order to function. Data managers are struggling to control access to this data – facing the risk of…
Covid-19 is Impacting Banks’ Operational Resilience, Warns EBA
The European Banking Authority (EBA) has issued a preliminary assessment of the impact of COVID-19 on the EU banking sector, warning that operational resilience is now under pressure. “Following the outbreak of the pandemic, banks have activated their contingency plans, which have allowed them to keep their core functions broadly unaffected. However, the handling of…
New Fixnetix Chief Beeman Outlines Vision for Front-Office Lift-Out Offering
Jake Beeman, who took over as general manager of Fixnetix this month following the departure of Steve Williams, has arrived with the remit to expand on the company’s vision for front-office transformation, with a specific focus on data, analytics and infrastructure. Beeman took on his new role at Fixnetix on May 13, Prior to that…
Push and Baker Technology Partner on Bespoke Real-Time Trading Systems
California’s Push Technology, which provides real-time data streaming and messaging solutions, has partnered with London-based Baker Technology, a specialist user interface software engineering firm that builds bespoke trading systems for global investment banks and exchanges. Through the partnership, Baker will use Push’s Diffusion Real-Time API Management platform to provide a single, secure, unified gateway for…
Crosslake Fibre Strengthens US/Canada Connection with 165 Halsey Street Expansion
Crosslake Fibre, a telecoms operator specialising in connectivity between Canada and the US, has expanded its network into the 1.2 million square foot data center, colocation and telecom carrier hotel 165 Halsey Street, just 13 miles from Manhattan. The new network, which delivers sub-9 ms round trip delay (RTD) performance between Toronto and New York…