Finextra Research: Latest fintech news, analysis, interviews, features and opinion by industry experts

Datawatch agrees Panopticon acquisition

Datawatch has agreed to buy Swedish real-time visual data discovery specialist Panopticon Software for around $31.4 million in stock.

18 June 2013

News/Post-trade & ops

Markit acquires DTCC corporate actions validation service

Financial data outfit Markit has acquired the assets of Global Corporate Actions Validation Service from the Depository Trust & Clearing Corporation (DTCC). Financial terms of the deal were not disclosed.

17 June 2013

News/Post-trade & ops

MiFID II reforms to limit dark pool trading

EU member states have agreed a series of reforms to the markets in Financial Instruments Directive (MiFID II) aimed at enhancing transparency levels and limiting the growth of dark pool trading.

17 June 2013

News/Post-trade & ops

JPMorgan launches Collateral Central

With the management of collateral now seen as a critical front-line resource, JPMorgan has launched a service to provide buy- and sell-side clients with real-time insight into their holdings across custody, clearing and counterparty relationships.

17 June 2013

News/Post-trade & ops

Tibco goes after real-time Big Data with StreamBase acquisition

Tibco Software has acquired complex event processing vendor StreamBase Systems for an undisclosed sum.

11 June 2013

News/Post-trade & ops

Was the London Whale a rogue trader?

Speaking at Finextra's 'Holistic surveillance and the fight to prevent rogue traders' webcast, industry veterans David Clark and Simon Wheatley, along with Shaun Mathieson, senior consultant, global banking & markets, SAS debate whether the ongoing saga of JP Morgan's so-called London Whale trader constituted a rogue trader incident.

06 June 2013

News/Post-trade & ops

Temasek acquires 10% stake in Markit

Temasek, Singapore's state-owned investment company, has acquired a 10% stake in financial data firm Markit for $500 million.

22 May 2013

News/Post-trade & ops

Young exits Bloomberg after less than a year

Stanley Young has departed Bloomberg less than a year after jumping ship as CEO of Nyse Technologies to become chief executive of the market data vendor's enterprise products and solutions division.

21 May 2013

News/Post-trade & ops

Buy side spending on execution and order management systems rising year-on-year

Institutional investors spend between $1.5 billion and $2 billion per year on order management and execution management systems for their trading desks - a growing amount due to increased demands for compliance tools and the need to keep pace with rapid changes in market structure.

20 May 2013

News/Post-trade & ops

JPMorgan Chase demands access to Bloomberg logs

JPMorgan Chase lawyers have demanded that Bloomberg hand over five years of internal staff logs, in another sign of disquiet among financial firms over the extent of a snooping scandal at the market data vendor.

16 May 2013

News/Post-trade & ops

AMF issues RFI for central securities data repository

The Autorité des marchés financiers (AMF), the regulatory and oversight body for Québec's financial sector, has issued a Request for Information (RFI) for potential suppliers to tender for the creation of a new Market Analysis Platform (MAP).

16 May 2013

News/Post-trade & ops

Deutsche Bank buys Xchanging out of JV

London-based back office processing provider Xchanging has agreed to sell its 51% stake in Xchanging Transaction Bank (XTB) back to partner Deutsche Bank for EUR40.5 million in cash.

15 May 2013

News/Post-trade & ops

IPC launches app development partner programme

IPC Systems has unveiled a vendor and customer app development partner programme for its Unigy trading communications platform.

14 May 2013

Finextra TV/Post-trade & ops

What is the GETC?

Peter Webb, business development and alliances at SmartStream and Paul Taylor, director, post-trade services at Swift discuss the Global Electronic Trade Confirmation system.

13 May 2013

News/Post-trade & ops

Wall Street propeller-heads make way for new generation of data scientists

Rocket scientists on Wall Street are set to be usurped by a new generation of 'data scientists', as investment banks combine new analytical approaches with the arrival of torrents of Big Data to transform their trading strategies, according to a new paper from BNY Mellon.

10 May 2013

News/Post-trade & ops

Deutsche Börse creates IT and market data unit

Deutsche Börse has merged its market data and analytics unit with external technology and connectivity services as it bids to boost its IT-related sales.

07 May 2013

News/Post-trade & ops

CBOE under pressure following software bungle

A badly bungled systems reconfiguration at the Chicago Board Options Exchange that shut down trading for three-and-a-half hours last week is set to increase pressure on the CBOE to let rival exchanges trade its proprietary options products.

30 April 2013

News/Post-trade & ops

Data management key to market surveillance - Iosco

The technology-driven revolution in securities markets in recent years requires regulators to overhaul their surveillance operations with a focus on the micro-management of trade data, says a report from the International Organization of Securities Commissions (Iosco).

22 April 2013

News/Post-trade & ops

FSB moots development of global trade data utility

The Financial Stability Board has mooted the creation of a central utility for sharing aggregated trade data, as evidence mounts that national jurisdictions are lagging in implementing OTC derivatives trading reforms.

19 April 2013

News/Post-trade & ops

Ex-Goldman trader pleads guilty to wire fraud

A former Goldman Sachs trader has pleaded guilty to fabricating trades on a manual system to hide an unauthorised $8.3 billion futures bet.

05 April 2013