TradingTech Insight Blogs The latest content from across the platform
KX Adds Cloud-Native Stream Analytics to kdb+ as Clients Seek Off-Prem Solutions
KX has released KX Insights, a cloud native streaming analytics solution that provides fast, scalable real-time data insights without the capex and maintenance burden of on-premise infrastructure. KX Insights is built on the company’s cloud version of the kdb+ time series database and uses a microservices architecture that supports not only new KX users but…
State Street’s Currenex to Provide Trading Technology for New Interbank Crypto Platform
PureMarkets plans to base its new Pure Digital interbank digital currency trading platform on State Street’s Currenex, a high-performance matching engine used to facilitate trading in FX, money market loans and deposits, and precious metals. Pure Digital will offer a fully automated, high throughput OTC marketplace for digital assets and cryptocurrencies, with associated custody services….
Lombard Odier Integrates smartTrade’s LiquidityFX to Offer Enhanced FX Trading Services to its Clients
As part of a strategic review aimed at modernising its technology infrastructure and fostering innovation, Swiss bank Lombard Odier & Co. has integrated smartTrade’s LiquidityFX electronic trading platform with its own proprietary wealth management platform, G2, to offer tailored FX trading functionality to its private, institutional and third-party clients. According to David Vincent, smartTrade CEO,…
TP ICAP Sets Up Parameta Solutions as New Brand for Data, Analytics and Post-Trade Offerings
TP ICAP has set up a new business, Parameta Solutions, to provide a flagship brand for its data and analytics division. It is due to be opened officially next week. Parameta’s data and analytics offerings will include unbiased OTC content and proprietary data, in-depth insights across price discovery, risk management, benchmarks and indices, and pre…
EOSE Appoints Dan Marcus as Strategic Advisor for Next Stage Development
EOSE, a provider of market data solutions, has appointed Dan Marcus as strategic advisor to help support the company’s next stage of development. He joins EOSE’s advisory board that includes KPMG’s asset management advisory team. EOSE was founded in 2018 by Suzanne Lock to help financial institutions commercialise their market data. Clients already on board…
NeoXam Partners with MDP to Grow Market Data Footprint in DACH Region
Paris-based data management platform provider NeoXam has forged an alliance with MDP – a new market data consultancy founded by former executives of Screen Group, now part of TRG Screen – to extend the reach of its DataHub platform in the DACH region comprising Germany, Austria and Switzerland. The initiative will focus on helping clients…
With First CFTC Limits Deadline Past, FundApps Urges Firms to Plan for Next Wave
Practitioners reported general readiness for last month’s introduction of new CFTC rules around position limits, a decade after the regulator first floated its plans for changing them. Regulated firms are now being urged to prepare for further changes scheduled for next year, which will introduce new exchange rules and federal limits on derivatives contracts not…
Low-Code: The New Standard for Sell-Side Fixed Income Desks
By Vuk Magdelinic, CEO of Overbond. Low-code programming isn’t coming — it’s already here. And 2021 is the Year of Low-Code, according to IT publications such as SD Times and TechRepublic. “The worldwide low-code development technologies market is projected to total $13.8 billion in 2021, an increase of 22.6% from 2020,” according to the latest forecast by Gartner. The…
Broadridge Strikes at Front Office with $2.5 Billion Acquisition of Itiviti
In an all-cash transaction valued at €2.143 billion (approximately $2.5 billion), US-based Broadridge Financial Services this week agreed to acquire Scandinavian trading and connectivity solutions provider Itiviti from owner Nordic Capital. The deal will significantly expand Broadridge’s Capital Markets franchise by extending into the front office and strengthening its multi-asset capabilities. The fit looks like…
Broadway Technology Recruits Michael Chin as CEO
In an expansion of its executive team, Broadway Technology, the front-office solutions provider, has appointed Michael Chin as CEO. Chin will also join the company’s board of directors. Co-Founder Tyler Moeller, who previously served as CEO, will now take on the role of Chief Innovation Officer. This is a significant appointment for Broadway. Chin brings…