The Depository Trust & Clearing Corporation (DTCC), which provides market infrastructure for the global financial services industry, has unveiled plans to explore the benefits of digitalisation in the public and private markets and whether new technologies can strengthen post-trade processes and reduce risks and costs.
Technology & software solutions
Trading Technologies has linked its TT platform to Esunny’s Chinese trading platform to provide global traders with access to Chinese derivatives markets.
Northern Trust has enhanced its Foreign Exchange (FX) currency management solutions with machine learning models designed to enable greater oversight of thousands of daily data points and help reduce risk throughout the currency management lifecycle.
Trading Central has released a new sentiment analysis product, TC Crowd Insight, which uses natural language processing and proprietary new algorithms to scan thousands of industry news and social media sources published online every day to show how investors feel about a financial instrument.
Bloomberg has released major upgrades to Enterprise Access Point, the company’s ready-to-use data website, with a new self-service marketplace that empowers Data License clients to more easily discover, access, and immediately use content from both Bloomberg and third parties.
Quincy Data has added US treasuries data to its Quincy Extreme Data (QED) service. Quincy now sources on-the-run US treasuries data at the Equinix Secaucus-NY2 data centre.
Iceland, Austria, Egypt, Ghana, and Vietnam, have retained the most positive economic sentiment during the coronavirus pandemic, according to analysis of media, social media, trade union, and government data by technology company Truvalue Labs.
The alternative fund management industry is witnessing a huge rise in the volume and diversity of data being ingested, as technology innovation facilitates firms in their research and portfolio construction activities; not to mention using advanced analytical tools to improve the quality of fund reporting.
Software and services provider SS&C Technologies Holdings has announced a partnership between SS&C ALPS and FLX Distribution, which will provide expanded distribution capabilities to asset managers.
Integral, an FX platform which partners with banks, brokers, and asset managers, has reported that average daily volumes across its platforms declined to USD35.1 billion in April 2020.