WatersTechnology.com
IHS Markit soft launches more Risk Bureau capabilities ahead of Libor transition
The newly-acquired data giant targets the sell side with a suite of new risk-based applications meant to help banks with the transition from Libor, which is expected for the end of this year. Print this page
IHS Markit is building out its Risk Bureau offering into a suite of applications aimed at helping the sell side manage processes such as forecasting, XVA calculations, and derivatives risk, ahead of the transition from the Libor benchmark at the end of 2021.
Last spring, the data giant released its first Risk Bureau offering, a derivatives risk modeling service, aimed at helping buy-side firms calculate and model such risk using alternative data, machine learning, and cloud computing. The tool
WatersTechnology.com Jumping ship: Concerns raised over LSEG’s 2022 Docklands datacenter move
The project comes at a time when Euronext is considering a datacenter move, and sources speculate that Six might also be another candidate to migrate. Market participants are split on the news of the LSEG migration, with some calling it “frustrating,” while others believe the current location is unfit to house the exchange’s growth plans. Print this page
Firms that co-locate inside the datacenters of some of Europe’s largest exchanges are looking at a potentially busy period of datacenter migrations ahead whether they know it’s coming or not.
WatersTechnology.com So long, Sseoms: Vendors vie to onboard Bloomberg clients ahead of April sunset
Sseoms competitors are stepping into the breach left by Bloomberg’s move to sunset the sell-side focused suite of services. This could be a chance for a new premier provider to snap up some business, while leaving others to reevaluate their standing in the space.
It was 2019, and Rajiv Kedia felt as if the stars were aligning.
The principal and associate founder and global head of sell-side technology at US-based FlexTrade Systems, a provider of multi-asset execution (EMS) and order management systems (OMSs), had ambitions to expand the business globally, having just appointed two new London-based heads of sell-side OMS business development for Europe, the Middle East, and Africa (Emea).
WatersTechnology.com
People Moves: Alpima, Santander UK, Tradeweb, SS&C, SmartStream, Numerix, and more
A look at some of the key people moves from this week, including Karen Tierney (pictured), who joins Alpima as chief product officer.
Alpima, a
SaaS platform for investment management and product design, has appointed Karen Tierney as chief product officer.
Tierney joins Alpima from DWS, where she was responsible for managing the 2020 Ibor transition initiative for the global alternatives businesses, and supporting environmental, social and governance regulatory initiatives for alternatives.
Tierney previously held roles at the Royal Bank of Scotland as a program
Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.
WatersTechnology.com
‘Concentration’ and ease will determine winners and losers in changing news industry
Customized content and its ability to be integrated easily will be key factors for news providers old and new in creating value for financial consumers. Print this page
Facing pressure to differentiate their services and add greater value, niche providers of financial news are expanding into new content offerings and delivery mechanisms, focusing on specific areas of coverage, curated content, and simplifying integration, in a bid to keep pace with evolving client requirements and the changing face of the news industry.
Douglas B Taylor
“Back at the end of the 1990s, before the internet was widely used as a mechanism for distributing news to the capital markets