TradingTech Insight Trading Infrastructure & Cloud The latest content from across the platform
Kepler Cheuvreux Taps Big xyt to Add Value via TCA
Execution-only broker Kepler Cheuvreux’s decision to implement Big xyt’s execution analytics and transaction cost analysis solution is part of a growing tendency for trading firms to view TCA as an opportunity to improve the business rather than as just a compliance box to tick. Big xyt’s independent execution analysis solution supports TCA functions like benchmarking…
The Cloud Has Important Trading Use Cases, Say Speakers at TradingTech Summit 2020
The rapidly evolving role of the cloud within trading operations at financial services organizations was one of the key themes of TradingTech Summit 2020, an A-Team Group event, held in London in late February. Over the course of the day, speakers addressed a wide range of aspects of cloud usage within the overall technology infrastructure…
Refinitiv Launches Tick History in Google Cloud to Speed Access and Lower Storage Costs
Refinitiv has made its archive of historical pricing and trade data – five petabytes’ worth of information – available to clients via the Google Cloud Platform (GCP). The offering will allow customers will also be able to access, query and analyse Refinitiv’s tick data using the machine learning capabilities of Google Cloud’s BigQuery. The move…
Genesis Names Oliveira to Head Sales and Marketing
Low-code development enabler Genesis has named Felipe Oliveira as global head of sales and marketing. Genesis’ platform supports the development of microservices in capital markets. Oliveira previously held senior roles at Amber Capital Management, a risk arbitrage hedge fund, and Agora Senior Securities, acquired since by Banco Bradesco. More recently, he has held commercial strategy…
Trading Tech Summit 2020: Optimism for Technology Amid the Continued Regulatory Change
Trading technology professionals can look forward to a year of demanding – and exciting – change, according to speakers and panellists at this week’s A-Team Trading Tech Summit in London. UK- and EU-based firms can expect more regulatory developments – brought about by Brexit, the so-called MiFID II Refit and changes to Market Abuse Regulation…
CJC Launches DACS in the Cloud, Prepares for More Offerings
London-based market data consultancy CJC has launched a cloud-based managed service for Refinitiv’s Data Access Control System (DACS) platform, at the same time confirming a new technology partnership with Google Cloud aimed at supporting CJC’s overall cloud strategy. By making DACS in the cloud a viable proposition, CJC hopes to eradicate entitlement management as an…
US SEC Seeks Fairer Market Data Access, Deeper Data in SIP Feeds
The US Securities and Exchange Commission (SEC) is calling for reforms that would level the playing field for access to market data. In a bid to narrow the differential between those with access to high-cost data feeds that contain a greater depth of information, and other investors in the marketplace, the SEC proposals would subject…
Why the Finance Industry Needs Traceable Timing Across All its Operations
By Richard Hoptroff, Founder and CTO of Hoptroff London. As the virtual world expands, so do the applications for highly accurate, traceable time. Its most established industry is finance. If clocks on servers drift and are untraceable back to a verified source of universal time (UTC), conflicts can arise. Orders can look as if they…
SteelEye Outlines International Expansion and Product Development Plans Following Series A funding of $10 Million
SteelEye will extend its presence in Europe, evolve its regulatory compliance and data analytics products, and expand its team after raising $10 million of Series A funding in a round led by Eight Roads, the proprietary investment firm backed by Fidelity, and including its existing investor Illuminate Financial. Looking two years out, the company is…
TP ICAP Implements MDXT for Client Content
In early February, MDX Technology (MDXT), announced that TP ICAP’s Data & Analytics business has gone live with MDXT’s data distribution solution. MDXT was integrated with the broker’s Data & Analytics division’s core infrastructure to collect real-time data for direct distribution to clients via multiple end points, including Microsoft Excel, web portals, mobile apps and…