Officials at the Securities and Exchange Commission (SEC) say that they are bringing greater transparency to public markets via the launch of a statistics and data visualization page that offers statistics and graphics on initial public offerings, exempt offerings, corporate bond offerings, reporting issuers, municipal advisors, transfer agents, and household participation in the capital markets…. Read More >>
Ultimus Expands Partnership with Xceptor
Ultimus Fund Solutions and Xceptor, maker of data automation platforms for financial markets, have expanded their six-year partnership to help Ultimus’ clients streamline operations and reduce risk, officials say. Ultimus offers fund administration, accounting, and investor solutions. The expanded partnership encompasses “global verticals and business lines” that use the data automation and reconciliation of Ultimus’… Read More >>
Rimes to Offer CanDeal Bond Pricing Data
Rimes has integrated into its data service Canadian fixed income reference pricing services and a security master offering from the CanDeal Group in an effort to bring new transparency to the opaque Canadian bond market, officials say. Officials at Rimes, which offers enterprise data management and investment platform solutions, say the CanDeal Data & Analytics… Read More >>
BondWave Bolsters Its Fixed Income Platform
Fixed income solutions provider BondWave has added a feature to its Effi platform for fixed income transactions that “allows users to measure their total trade costs and compare them against relevant peers in the marketplace,” officials say. The new feature, Transaction Quality Analysis (TQA), is intended to help end-users access “essential context into the true… Read More >>
Why Data Provenance Matters to SIX
(In a wide-ranging discussion, Charles Warburton, head of product and commercial strategy — Americas, local country head — U.S., for SIX, explores the major aspects of SIX’s commitment to data provenance encompassing direct connections to data sources, the roles of corporate actions and reference data, the importance of fixed income and securities master data, and… Read More >>
BMLL to Offer Cloud-Based OPRA Data
Data and analytics provider BMLL has added Options Price Reporting Authority data to its offerings, a response to market participants that want less expensive, cloud-based solutions to access the OPRA data within their workflows, officials say. BMLL’s data offerings include historical Level 3, 2, and 1 data and analytics across equity, ETFs, and futures markets…. Read More >>
AB Bolsters Funds Data Ops via Expansion Project
Asset manager AllianceBernstein has expanded its usage of BBH Infomediary Data Solutions across its fund operations to achieve data consistency, better production cycle times, customized data tagging, and improved data transparency, officials say. BBH Infomediary Data Solutions, a part of the private bank Brown Brothers Harriman & Co. (BBH), offers data integration and connectivity services…. Read More >>
Vanguard Applies Blockchain to Index Data Sharing Woes
Giant money manager Vanguard is using blockchain/distributed ledger technology (DLT) to minimize the risk and data mismatches that can sometimes complicate index data sharing processes. Vanguard is not working alone but via partnerships with the Center for Research in Security Prices (CRSP), a provider of historical databases, and vendor Symbiont, maker of smart contracts based… Read More >>
2018 Predictions: Expect More Madness via MiFID II & Disruptors
(Editor’s Note: The major concerns about MiFID II compliance, which officially began January 3, will be ongoing throughout 2018. But these market reforms from the European Union will have to share the spotlight with the emerging trends also dubbed as “disruptors,” and we offer a sampling of opinions about them in this final installment in… Read More >>
BNP Paribas Joins trueEX SEF
French banking giant BNP Paribas has joined the trueEX swap execution facility (SEF) offering its derivatives clients the ability to leverage direct clearing, broad support of global currencies, and low-cost execution of interest rate swaps via the trueFIX application programming interface (API) platform, officials say. In particular, the trueFIX API “provides asset managers and institutional… Read More >>