TradingTech Insight Brief
Trading Technologies to Launch Direct Connectivity to National Stock Exchange of India
Trading Technologies International, Inc. (TT) plans to provide clients with direct connectivity to the National Stock Exchange of India (NSE) in 2026. This initiative follows a rise in demand from both domestic and international institutional clients seeking access to Indian markets. As an officially empaneled vendor of the NSE, TT has formalised an agreement to establish a direct presence within the exchange’s co-location data centre.
The integration will allow market participants to access the NSE through TT’s existing platform, which processed over 3 billion derivatives transactions in 2025. Users will be able to utilise the full suite of TT’s institutional-grade tools, including execution algorithms, automated spreading, and advanced charting. This move further expands the platform’s multi-asset capabilities, building on its recent recognition as a leading global provider of futures and options technology.
FINBOURNE Technology and Alkymi Partner to Launch Private Credit Risk Monitoring Solution
FINBOURNE Technology and Alkymi have formed a strategic partnership to provide an integrated credit risk monitoring solution specifically for the private credit industry. The collaboration combines Alkymi’s AI-powered document ingestion platform with FINBOURNE’s data management and analytics capabilities. The solution aims to help asset managers, lenders, and asset owners proactively identify emerging risks and improve operational control across complex portfolios.
The partnership addresses the limitations of traditional, manual credit monitoring, which often fails to detect issues until a covenant breach or default occurs. By automating the processing of borrower documents and financial data, the system allows for the early detection of deteriorating credit quality. Alkymi’s technology automates document verification and compliance tracking, while FINBOURNE provides a unified data environment that ensures bi-temporal accuracy and eliminates the need for manual reconciliation across front, middle, and back-office functions.
This integrated approach creates a single source of truth for investment operations, offering full auditability and flexible data models to support diverse credit structures. By streamlining the flow of financial metrics and covenant monitoring, the joint solution enhances transparency and enables more informed decision-making for private credit exposures.
Steubing AG Selects xyt as Next-Generation Transaction Cost Analysis Provider
Steubing AG, the German independent securities trading bank, has appointed capital markets data analytics firm xyt to provide its next-generation Transaction Cost Analysis (TCA). The decision follows a comprehensive evaluation and successful proof of concept, where xyt was chosen for its data quality regarding addressable volume and its ability to provide flexible benchmarking.
Under the new partnership, Steubing AG will integrate xyt’s analytics across its diverse trading activities, covering bonds, certificates, warrants, and listed stocks. The platform will provide pre-trade cost estimates for single stocks and portfolio baskets via API, alongside customised TCA reporting for institutional clients. This integration is designed to support the bank’s Integrated Orderflow Management (IOM) and Designated Sponsoring services.
By adopting xyt for TCA, Steubing AG aims to improve execution quality analysis and market impact measurement, and deliver higher levels of transparency to its institutional client base through more precise data insights and professional customer service.
Jefferies Selects TS Imagine to Power Fixed Income Outsourced Trading
Global investment banking firm Jefferies has adopted TS Imagine’s integrated order and execution management platform. This partnership aims to enhance Jefferies’ Fixed Income Outsourced Trading offering by unifying trading, portfolio management, and risk oversight within a single, scalable infrastructure.
The end-to-end solution is designed to streamline complex workflows and improve execution quality across diverse fixed income markets. By consolidating advanced execution tools with robust portfolio and risk analytics, the platform allows for more effective monitoring and real-time connectivity between trading strategies and market intelligence.
By leveraging TS Imagine’s integrated architecture, Jefferies seeks to maximise global trading opportunities and provide sustainable value to its clients through enhanced risk oversight and operational efficiency.
Standard Chartered and LSEG Partner for Enterprise Data and Analytics Consolidation
LSEG has entered into a multi-year agreement with Standard Chartered to provide the bank with enterprise-scale access to multi-asset class data, news, and analytics. The collaboration focuses on delivering a unified data environment with consistent rights management across the organisation’s global footprint.
The agreement is designed to enhance Standard Chartered’s operating model by consolidating market data access into a single framework. By improving data lineage and cataloguing, the bank aims to streamline its governance and entitlement processes. This integrated approach ensures that data usage remains compliant with evolving regulatory requirements while strengthening internal auditability and control.
By implementing these front-to-back workflows, the bank can better support its markets, risk, finance, and wealth divisions. The partnership facilitates more efficient data delivery, enabling the bank to provide faster, data-driven client experiences. This strategic move leverages the global reach of both franchises to improve operational speed and consistency across the bank’s international network.
TNS Enhances Data Usage Optimizer With New Interactive Customer Portal
Transaction Network Services (TNS) has launched an interactive customer portal for its Data Usage Optimizer (DUO) platform, providing buy-side and sell-side firms with on-demand tools to manage market data expenses. This update follows the initial 2024 launch of DUO and aims to simplify the process of identifying unused subscriptions. By converting complex vendor entitlement files into an actionable dashboard, the portal allows financial institutions to pinpoint and eliminate unnecessary costs more efficiently.
The new interface offers a centralised, global view of data expenditure across multiple office locations. Key features include independent file uploading for immediate reporting, advanced filtering by user or feed, and customisable cost modelling that accounts for specific contract pricing and regional fee variations. These tools are designed to turn raw data into an actionable list for immediate cost reduction, moving away from manual, time-consuming analysis.
In one instance, TNS identified monthly savings of $60,000 for a global bank by highlighting redundant data feeds.
SimCorp Chosen as AllianceBernstein’s Investment Tech Provider
Investment management firm AllianceBernstein has selected SimCorp as its core investment technology partner in an agreement that will see the implementation of the SimCorp One platform to serve as front-to-back infrastructure for the firm.
This transition aims to provide investment teams with centralised, real-time data and proprietary tools for trading.
The firm’s platforms will be unified on a single investment platform to serve global clients, Karl Sprules, Chief Operating Officer of AllianceBernstein, said.
The multi-year phased rollout of the system is underway, starting with the core investment data platform.
ITRS and BSE Announce Strategic Partnership to Enhance Trading Infrastructure Monitoring
ITRS, the real-time IT observability solutions provider, has entered into a strategic partnership with BSE (formerly the Bombay Stock Exchange), Asia’s oldest stock exchange. BSE will deploy the ITRS Geneos solution to provide comprehensive monitoring across its entire trading infrastructure. This collaboration is a key component of BSE’s broader modernisation strategy, designed to bolster operational resilience as infrastructure demands scale.
The implementation of ITRS Geneos, supported by the ITRS Analytics platform, will provide BSE with end-to-end visibility across its critical trading components. This technical integration aims to improve uptime Service Level Agreements (SLAs) and ensure business continuity through faster identification and resolution of potential system issues. By adopting this proactive monitoring framework, BSE is establishing a modernised command centre approach to its daily operations.
Furthermore, the partnership ensures that BSE remains aligned with the operational resilience guidelines set by the Securities and Exchange Board of India (SEBI). By moving away from legacy monitoring methods, the exchange is better positioned to meet evolving regulatory requirements and the rigorous performance standards of the modern financial markets.
Eurex Enhances Market Access Following German Legislative Reform
The German Financial Centre Promotion Act has introduced a refined regulatory framework intended to simplify how non-EU firms participate in the European derivatives market. Effective immediately, third-country Regulatory Market-Makers (RMMs) are no longer required to establish a physical entity in Germany or seek individual exemptions to provide liquidity. This legislative shift removes a primary operational and financial hurdle, streamlining the onboarding process for international firms.
By reducing bureaucracy and lowering entry barriers, the reform aims to boost international participation and increase liquidity on German-regulated exchanges like Eurex. The change aligns Germany with other major European jurisdictions, ensuring a level playing field for global participants. Eurex, part of the Deutsche Börse Group, is now actively engaging with firms across the UK, Switzerland, North America, and Asia to facilitate their transition under this new framework.
This enhancement forms part of a broader strategy to strengthen Germany’s status as a global financial hub. It complements Eurex’s existing initiatives, such as its Sponsored Access model and liquidity provider programmes, to foster a more efficient and competitive trading environment.
Broadridge’s Distributed Ledger Repo Platform Records $7.3 Trillion in Monthly Volume
Broadridge Financial Solutions has reported a significant surge in activity on its Distributed Ledger Repo (DLR) platform, processing a daily average of $365 billion in transactions throughout January 2026. Total monthly volumes reached $7.3 trillion, representing a 508% year-over-year increase compared to January 2025. This growth highlights the accelerating institutional adoption of tokenised real-asset settlement and the platform’s ability to sustain large-scale momentum.
The platform is expanding beyond foundational workflows into more complex institutional applications, such as sponsored and intraday repo. These advancements facilitate the efficient movement of high-quality collateral and allow for greater precision in liquidity management. By providing these tools, the platform helps firms reduce financing costs and improve overall liquidity within the securities lending market.
In 2026, Broadridge intends to further scale the DLR platform by focusing on intraday funding and enhanced collateral mobility across a broader range of tokenised asset classes. The firm aims to bridge the gap between traditional and digital financial ecosystems while ensuring the interoperability and resilience necessary for global capital markets.