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155 articles tagged with this keyword

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London Metal Exchange signs for new surveillance software

The London Metal Exchange has signed a deal with the London Stock Exchange's tech subsidiary Millennium IT to install new surveillance software for real-time detection of abnormal trading patterns.

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Libor reform sparks market data tender scramble

Market data firms and index compilers are set to go to tender for the right to administer a souped-up version of the tainted London Interbank Offered Rate (Libor).

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DTCC and Swift launch CFTC LEI portal

A Web portal for assigning Commodity Futures Trading Commission (CFTC) identifiers to firms involved in OTC derivatives trading has gone live.

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Avox launches legal entity data portal

The DTCC's Avox unit has launched a revamped portal offering free access to core data fields and standard industry identifiers for a global set of legal entities.

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SEC votes for consolidated audit trail system

The Securities and Exchange Commission (SEC) has voted to force US exchanges and Finra to build a consolidated audit trail system to monitor and analyse trading activity.

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Data management consolidation trend continues as AIM Software acquires ABI Informatic

Swiss reference data outfit AIM Software has acquired neighbouring rival ABI Informatic, continuing the trend for consolidation in the financial data management industry.

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Thomson Reuters lifts restrictions on RICs

Thomson Reuters is to make its proprietary Reuters Instrument Codes available beyond its desktops and feeds for use across the trade processing lifecycle by both customers and non-customers.

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StreamBase partners Gnip to integrate social data in CEP platform

StreamBase Systems has integrated its complex event processing (CEP) platform with Gnip, a provider of data from social media sites such as Twitter and Tumblr.

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FSB sets out LEI scope and timetable

The Financial Stability Board has set out 35 recommendations for the development and implementation of a global Legal Entity Identifier (LEI) system that will uniquely identify parties to financial transactions.

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Bloomberg buys PolarLake; launches EDM services

Bloomberg has acquired Dublin-based software provider PolarLake and revealed plans to launch its own enterprise data management (EDM) service. Financial terms of the deal were not disclosed.

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Bank spending on legal entity data management set to soar - Aite

Bank spending on legal entity data management is expected to reach approximately $197.5 million by 2015, according to figures compiled by analyst house Aite.

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Markit to buy Cadis

Financial information vendor Markit has agreed to buy enterprise data management (EDM) specialist Cadis. Financial terms of the deal were not disclosed.

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Regulators demand action on Legal Entity Identifiers

International regulatory authorities have called for the urgent creation of a universal Legal Entity Identifier (LEI) in their final report on the OTC derivatives data that should be collected, stored and disseminated by trade repositories (TRs).

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Thomson Reuters looks to settle EC data antitrust case

Thomson Reuters has offered concessions in the way it licenses the proprietary Reuters Instrument Codes (RICs) in a bid to settle an EU antitrust investigation.

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BofA names Bottega chief data officer

Bank of America (BofA) has appointed Federal Reserve and Citi veteran John Bottega as its new chief data officer.

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Cusip to introduce stripped-down Isin codes for EU markets

Cusip Global Services is to introduce a new data feed of US International Securities Identifiers (Isins) tailored specifically to the needs of European market participants following an extended probe by the European Commission into its pricing practices.

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Sapient wins European DataWarehouse contract

Sapient Global Markets has won a contract to design and build a European central data repository for asset-backed securities (ABSs).

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Reed Elsevier agrees £343m Accuity acquisition

Anglo-Dutch publishing firm Reed Elsevier has agreed a £343 million cash deal to buy US reference data specialist Accuity.

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Firms urged to begin IT prep for handling LEIs

Delegates at the annual user conference of financial messaging body Swift were given more information about the development of the legal entity identifier (LEI) messaging standard designed to produce an electronic tag for the counterparties in all securities transactions

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Broadridge targets buy-side with Paladyne acquisition

Broadridge Financial Solutions has acquired buy-side technology and services outfit Paladyne Systems for around $76.5 million.