(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 >>
The OCC Provides Some Crypto Clarity for Banks
The Trump cryptocurrency push got a major regulatory green light earlier this month when the Office of the Comptroller of the Currency (OCC) reaffirmed that “a range of cryptocurrency activities are permissible in the federal banking system.” OCC officials published Interpretive Letter 1183 “to confirm that crypto-asset custody, certain stablecoin activities, and participation in independent… Read More >>
Capco Is Working With OpenAI
Technology and management consultancy Capco is collaborating with OpenAI, the maker of ChatGPT, and the effort is intended to combine OpenAI’s innovations with Capco’s financial services domain expertise, officials say. ChatGPT is a chatbot based upon generative artificial intelligence (A.I.) technology known as the GPT-4o large language model (LLM), officials say. Like all chatbots, ChatGPT… Read More >>
SEC Roundtables Take On Crypto & A.I.
The SEC is hosting key industry roundtables this month – one will be a series of roundtables on the regulation of cryptocurrencies, and the other will be a one-day event on the governance of artificial intelligence (A.I.). The SEC’s newly formed Crypto Task Force “will host a series of roundtables to discuss key areas of… Read More >>
‘ChatGIPS’ Brings Together A.I. & Industry Standards
ChatGPT, the well-known chatbot system using artificial intelligence (A.I.) and developed by OpenAI, has crossed paths with the Global Investment Performance Standards, or GIPS, which are the voluntary ethical guidelines for performance measurement and client reporting created and maintained by the CFA Institute, and the ChatGIPS chatbot now exists in the world. Just to remind… Read More >>
Time to Consider Net-Zero Investing?
Despite backlashes against ESG-based efforts, is it time to start thinking about net-zero investing? Officials at the CFA Institute Research and Policy Center think so and recently released a guide to help investors (and investment firms) “advance the theory and practice of net-zero investing.” The guide is a serialized volume, “Investment Innovations Toward Achieving Net… Read More >>
MBI Launches Crypto Links to Tokyo & European Hubs
A provider of ultra-low latency, wireless connectivity for crypto trading, McKay Brothers International (MBI), has launched what it is calling “the lowest latency connectivity” for crypto-trading hubs in Tokyo, London, and Dublin to meet growing demand for low-latency crypto transactions. “The new service achieves sub-132ms latency (round trip) between Tokyo and London. McKay’s Tokyo-London-Dublin service… Read More >>
CME & DTCC Advance Margin Cuts for Treasury Traders
CME Group and the Depository Trust and Clearing Corp. (DTCC) have been working behind the scenes to expand their cross-margining agreement to increase margin savings and capital efficiencies for traders by December 2025, officials say. The update, which is still pending the nod from regulators, aims to improve the long-standing CME-DTCC cross-margining arrangement by allowing… Read More >>
BayernLB to Use Bloomberg’s B-PIPE & BVAL
Bayerische Landesbank, a.k.a BayernLB, a specialized bank serving the Bavarian and German economies, will be using Bloomberg’s real-time market data feed B-PIPE and evaluated pricing service BVAL. The implementation “complements Bloomberg’s recent collaboration with BayernLB’s asset management arm, BayernInvest, which adopted Bloomberg Buy-Side Solutions spanning AIM, PORT Enterprise, and MARS Collateral Management’s integrated offerings to… Read More >>
Is the SEC Defanging or Protecting the CAT?
Is the Securities and Exchange Commission (SEC) undercutting or protecting the Consolidated Audit Trail (CAT) through a new exemption that would allow “natural persons” to sidestep supplying “certain personally identifiable information (PII)” such as names, addresses, and years of birth? CAT is an ambitious and controversial big data, U.S. securities transaction monitoring project that has… Read More >>
