QUODD to Get 500 Market Data APIs from Xignite QUODD, a cloud-native provider of market data on demand, has acquired Xignite, a San Mateo, Calif.-based provider of financial market data application programming interfaces (APIs), which will allow QUODD to offer more than 500 market data (APIs), encompassing millions of instruments across all asset classes, officials… Read More >>
Electra’s Unified API Service Targets the Buy Side
Electra Information Systems, a maker of reconciliation and other post-trade solutions, is launching a unified application programming interface (API) service for new and existing customers to help them ease into complex API strategies facilitating data access among applications and systems. The Electra unified API is intended as a single connection to help IT staffs at… Read More >>
JPMorgan & Bloomberg Link Custodial Support to OMS
Bloomberg Works With JPMorgan Securities Services Data integration and “frictionless” workflows are the main goals of a new collaboration between JPMorgan’s Securities Services and Bloomberg. The news and market data vendor is working with the services provider business of JPMorgan to offer buy-side firms a new integration that will allow them to work from the… Read More >>
OpenGamma & IHS Markit Target Margining Rules
OpenGamma & IHS Markit Begin Collaboration OpenGamma, which characterizes itself as a margin optimization provider, reports a new collaboration with IHS Markit, which characterizes itself as a provider of critical securities information, analytics and solutions. The vendors are jointly offering a system for mutual clients looking to reduce the cost of margin management. Their offering… Read More >>
Custodians Are Embracing APIs: Report
The securities servicing industry, according to a new survey, is reaching a “tipping point” in its embrace of application program interfaces (APIs), which are those key links among software systems that serve as superhighways for data, and are intended to help firms boost efficiency and adopt to new business models. The new report from SWIFT… Read More >>
ISITC to Scrutinize Disruptive IT at Spring Summit
David Scola, head of North America for the SWIFT financial messaging and services cooperative, will dive into the impacts of disruptive technologies such as open application programming interfaces (APIs), distributed ledger technology (DLT), artificial intelligence and machine learning at ISITC’s 25th Annual Securities Operations Summit later this month in Boston. Scola is serving as moderator… Read More >>
ISITC Jolts Ops Standards, Embraces the Cutting-Edge
(FTF News got a rare chance to check in with Erica Borghi, the current chair of the International Securities Association for Institutional Trade Communication (ISITC), and Lisa Iagatta, current vice chair for ISITC, an industry group that advances standards, technology and best practices for financial services operations. In a wide-ranging Q&A, they provide updates on… Read More >>
SIBOS News Bullets
As the SIBOS 2014 Boston conference and exhibition winds down, several key vendors serving securities markets have released product news. The event, put on by financial messaging and services cooperative SWIFT, is underway at the Boston Convention & Exhibition Center from Sept. 29 to Oct. 2. Officials at SunGard Financial Systems report that IntelliMatch Operational… Read More >>
