TradingTech Insight Blogs The latest content from across the platform

CIAM Selects Steeleye for Trade Surveillance, Best Execution and Trade Analytics

CIAM, an event driven investment management firm focused on special situations and using activism as one of several tools to unlock shareholder value, has replaced its existing technology set up with SteelEye regulatory compliance and analytics solutions. The firm has licensed SteelEye’s trade surveillance, best execution and core package, which includes record keeping, trade reconstruction…

BMLL Appoints Paul Humphrey as CEO to Drive Up Business Scale

BMLL Technologies, a data engineering and analytics firm initially spun out of the machine learning labs in the engineering department at Cambridge University, has appointed Paul Humphrey as CEO with responsibility to drive up the scale of the business and realise its mission to democratise access to granular market data and analytical products at speed…

London Stock Exchange Confirms Murray Roos as Group Director, Capital Markets

London Stock Exchange Group (LSEG) has confirmed Murray Roos as group director, capital markets, and a member of the LSEG executive committee with effect from April 1, 2020. As announced by the group in April 2019, he will replace Raffaele Jerusalmi, who will continue in the role until Roos joins. Roos will report to LSEG…

Velocimetrics Cuts Costs with Software Only Network Monitoring and Cloud Traffic Storage

Velocimetrics has released stream2Cloud, a software only network monitoring and traffic storage solution that can be used across multiple sites and provides access to real-time enterprise analytics. The solution is based on tried and tested Velocimetrics technology, such as network traffic capture protocol decoders developed for real-time analytics. It can be integrated with Velocimetrics’ VMX…

Options Sets Targets Following Investment from Private Equity Firm Abry Partners

Options Technology, a provider of cloud-enabled managed services, plans to accelerate growth strategy, pursue strategic M&A targets, invest in its technology platform and expand its reach to key global financial centres following ‘significant growth investment’ from Boston-based private equity firm Abry Partners. Details of the investment were not disclosed. Founded in 1989, Abry is a…

Rimes Technologies: Will They or Won’t They Sell?

Rimes Technologies won’t comment on a media report that it’s for sale. But a recent news item – published, surprisingly, by Dow Jones’ Barron’s investor newspaper – has sparked speculation on possible acquirers of this benchmark and reference data services provider. Industry executives contacted by Data Management Insight suggest that Rimes could garner interest from…

Clearpool Aims to Democratise Electronic Trading with Algo Management System

Clearpool, a New York based provider of electronic trading solutions, is building out technology designed to democratise electronic trading through the provision of transparency, trust and control. The company’s flagship product is Algorithmic Management System (AMS), which allows all brokers, large and small, to access algorithms that can help them compete on a level playing…

genesis Plans Further Development of Low-code Application Platform with Second Funding Round

genesis, provider of a low-code application platform built for capital markets, has closed a second funding round of $1.8 million. The funding will be invested in further development of the platform’s core technology, sales and marketing, with the aim of positioning genesis as a leading low-code platform for capital markets software development. The company has…

Network Resilience in Financial Services – Why it Matters and How Firms Can Achieve it

By Alan Stewart-Brown, vice president EMEA, Opengear Firms across the financial services sector are increasingly reliant on IT networks to deliver core services, but this can leave them vulnerable to rapidly escalating security threats. Hacking software is widely available and threats from social engineering, phishing, and malware attacks are an ever-present reality. To alleviate the…

Real-Time Market Data in the Cloud Moves Closer to Reality

This week’s report from the FSB warning of the perils of cloud deployment for financial institutions doubtless will give cause for serious consideration of whether and how to shift certain activities to commercial public cloud platforms. But the fact remains that practitioners will continue in their quest to push what they can off-premises and onto…