Market DataRSS

Velocimetrics doubles data capture rates for trading analytics

Real-time business performance monitoring and analysis specialist Velocimetrics has announced that its TipOff product can now capture network packets to disk at a sustained rate of 40 Gigabits/sec, almost double its previous performance.

Breaking down BCBS 239

Neill Vanling is managing director, global sales and client operations at GoldenSource

January’s Basel Committee on Banking Supervision report on banks’ progress towards BCBS 239 compliance threw up a telling contradiction. While global systemically important banks “are increasingly aware of the importance” of the BCBS 239 project, their sense of preparedness has decreased. In 2013, 10 of the 31 eligible banks reported they would be unable to comply fully by the 2016 deadline. This year, that number rose to 14. It is understandable that there is more work to be done, but how is it that the G-SIBs are moving backwards?

FCA approval takes Bloomberg into European trade reporting space

bloomberg-toms

Continuing its policy of offering products that fit across user workflows, Bloomberg has moved in to the transaction reporting space in Europe. The company’s Trade Order Management System has been granted approval by the Financial Conduct Authority to report securities with an ISIN and OTC derivatives as part of the UK’s Approved Reporting Mechanisms regime.

FCA to probe competition in corporate and investment banking

fca-building

The Financial Conduct Authority plans to conduct a market study of the investment and corporate banking sector to decide if competition in the sector is working properly. It may also look into the asset management later in the year.

Bringing it all together

Interview Steve Goldstein

From the early days of internet distribution, New York-based Alacra has been aggregating reference data. Chief executive Steve Goldstein told David Bannister the company’s story

Payments Council picks Swift for SEPA Only services

maurice-cleaves-old

The UK’s Payments Council has selected Swift to build the country’s new central infrastructure platform in preparation for the next phase of SEPA regulation in 2016, through the provision of an automated central infrastructure platform for collection and maintenance of UK-specific SEPA routing data.

Taking care of business

Paul Fox

With a string of client projects in flight, the immediate effects of the financial crisis weren’t a problem for Dublin-based Information Mosaic, but as projects that had run for two or more years started coming to an end, things got a little tougher. Fortunately, the company has one major shareholder that has both funds and a long-term view …

Diliger looks for crowdfunding to expand procurement research service

Christian Bower

Diliger, a start-up offering research tools for buyers of capital markets services, is looking to raise £500,000 through crowdfunding using the Crowdcube site.

ICAP brings BrokerTec and EBS under one roof

gil-mandelzis

ICAP is combining its EBS foreign exchange and BrokerTec fixed income electronic trading platforms into one business unit. The change is“an internal management reorganisation” and the platforms will remain separate for the foreseeable future.

Financial industry chat consolidates as Symphony buys Markit’s messaging service

Symphony has acquired Markit’s cloud-based collaboration technology

Symphony Communications, a financial industry messaging service provider, has acquired a rival service provided by Markit, a financial data management provider. The move may bolster Symphony’s ability to rival more entrenched, expensive cloud-based chat services used by financial institutions.

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