Bloomberg Terminal users now have access to web traffic data from Similarweb through the {ALTD<GO>} command, an offering intended to assist trading firms that want to better understand online behavior. The inclusion of Similarweb’s data and analytics will “significantly enhance” Bloomberg’s set of alternative data offerings, officials say. “Similarweb is the latest alternative dataset integrated… Read More >>
Syntax Data & Donoghue Forlines Take On Uncertainty
Syntax Data, a provider of index solutions, is working with Donoghue Forlines, a Boston-based investment firm specializing in active risk-managed portfolios, to offer index strategies aimed at mitigating downside risk caused by the new uncertainty, officials say. “The strategic partnership recently launched two indexes, the Donoghue Forlines Risk-Managed Momentum Index and the Donoghue Forlines Risk-Managed… Read More >>
Key Groups Challenge SEC’s Cyberattack Disclosure Processes
Key securities industry trade associations are challenging the disclosure procedures of a cybersecurity rule adopted in 2023 by the U.S. Securities and Exchange Commission (SEC), asking the regulator to return to a principles-based disclosure regime. SIFMA, the American Bankers Association (ABA), the Bank Policy Institute (BPI), the Independent Community Bankers of America (ICBA), and the… Read More >>
‘Project Pine’ Explores Central Bank Ops & Tokenization
As U.S. regulators explore new guardrails for digital assets, the Federal Reserve Bank of New York and the Bank for International Settlements (BIS) based in Basel, Switzerland, have been experimenting with tokenization. The New York Fed and BIS have completed an initial exploration of how central banks could run monetary policy operations in a world… Read More >>
LDA Launches a Multicast Market Data Distribution System
A provider of ultra-low latency solutions for capital markets, LDA Technologies (LDA) is launching a multicast data distribution system that handles synchronization at network endpoints, which is intended to bring fairness to market data distribution, officials say. “Exchanges strive to deliver market data to all customers simultaneously, but some of the switches in their infrastructure… Read More >>
Baton Systems Builds Links to FICC & NSCC
Officials at Baton Systems report that the provider of connectivity and networks for settlement and collateral management has established direct links to the DTCC’s Fixed Income Clearing Corp. (FICC) and to its other clearing subsidiary, the National Securities Clearing Corp. (NSCC). The new links are “in response to client demand and the anticipated surge in… Read More >>
Tariff Turmoil Creates Big Clearing & Settlement Spikes
(Global financial markets entered into new levels of volatility over the past month as a result of the Trump administration’s tariff agenda. The impacts stretch from the front office to the middle- and back-office teams and enterprise-wide IT infrastructures. While firms grapple with shifting investor demands and significant market churn, their systems, infrastructures, and strategies… Read More >>
DTCC Reports Record Volumes As Tariffs Roil Markets
Post-trade market infrastructure provider the Depository Trust and Clearing Corp. (DTCC) has quantified recent market volatility, spurred by tariff turmoil and other factors, with reports of record volumes via its platforms and services. DTCC officials report peak values and volumes across: The National Securities Clearing Corp. (NSCC): “On April 9, NSCC achieved a new peak… Read More >>
SEC Publishes Data & Analysis on Key Groups
The Securities and Exchange Commission (SEC) is doing its part to offer more transparency into capital markets via its Division of Economic and Risk Analysis (DERA), which has published new data and analysis on public issuers, exempt offerings, commercial mortgage-backed securities (CMBS), asset-backed securities (ABS), money market funds, and security-based swap dealers (SBSD). DERA officials… Read More >>
Firms Are Not Ready for Autonomous A.I.: SS&C Survey
A new survey from SS&C Technologies finds that artificial intelligence, particularly in its more advanced iterations, has captured the imagination of executive and senior IT and operations managers at financial services firms. However, firms need to do much more groundwork, such as building “the foundations — governance, trust, skills, readiness and more” before embracing advances… Read More >>
