big xyt, a provider of data and analytics solutions for securities firms, has launched the Portfolio Liquidity Analysis solution, which was developed in partnership with investment management firm Baillie Gifford, officials say. The solution “enables buy-side firms to gain an independent view” of the liquidity of equity portfolios because of the use of “reliable and consistent… Read More >>
ICE’s Bitcoin Custody Firm Gets a BitLicense
NYSDFS Approves Bakkt Marketplace The New York State Department of Financial Services (NYSDFS) has approved the application of Bakkt Marketplace, LLC, a wholly owned subsidiary of Bakkt Holdings, LLC, for virtual currency and money transmitter licenses, Financial Services Superintendent Linda A. Lacewell reports. The licenses will allow Bakkt Marketplace, a digital currency trading platform,… Read More >>
Liquidity Search Tops Survey of Fixed Income Concerns
A survey conducted by Charles River, a front- and middle-office investment management solution provider, finds that the greatest market challenge facing fixed income traders is “discovering and accessing liquidity.” The survey was conducted during a recent webinar with over 100 global buy-side participants, Charles River says. Survey participants also called the transition to electronic trading… Read More >>
Intellimatch: Three Hot Trends at SIBOS
Q: What will be the hot SWIFT-related ops trends? A: We anticipate three major themes at SIBOS this year: managed services, data intelligence/data mining and liquidity monitoring. These may not be formal themes, but we believe they will be focal points for many discussions and presentations at this key banking event. Q: Why do you… Read More >>
