The Symphony Software Foundation is now the Fintech Open Source Foundation (FINOS), a development in response to an industry demand for an organization to support financial services via a wider variety of more collaborative, open source efforts. FINOS is slated to officially launch April 24 in New York City via Nasdaq’s headquarters. The Symphony Software… Read More >>
Is Wall Street Ready for Open Source Software?
Open source software and the open collaboration practices that it engenders are quietly gaining ground among software vendors, securities firms and maybe across Wall Street. One of the biggest proponents of OSS movement, the Symphony Software Foundation, based in Palo Alto, Calif., has been consistently pulling market participants into its camp. Known for its support… Read More >>
ChartIQ, Beast Apps & Tick42 Join Open Source Group
A nonprofit group for the development of open source software for the financial services industry, the Symphony Software Foundation, which supports the Symphony messaging platform, is adding charting and data visualization provider ChartIQ, data and analytics application vendor The Beast Apps and real-time products and services provider Tick42 as new, cutting-edge members. The Foundation has… Read More >>
Barclays Signs Up for DTCC’s New Liquidity Data Service
New Offering from DTCC Data Products DTCC Data Products, a centralized data provisioning service supporting DTCC’s offerings, is launching the Liquidity Coverage Ratio (LCR) Data Service, which has gotten the thumb’s up from Barclays Bank, officials say. The new LCR Data Service has been designed to “help firms manage their buffer requirements for liquidity facilities”… Read More >>
CFTC Gives Compliance Officers More Time to File Annual Reports
Chief compliance officers at futures commission merchants (FCMs), swap dealers, and major swap participants may have more time to file annual reports because of amendments that the CFTC is proposing for a key regulation. CFTC officials announced on August 9 that it will be publishing in the Federal Register proposed amendments to CFTC regulation 3.3… Read More >>
