Clearlake Capital to acquire data solutions firm Confluence
Software and data solutions provider Confluence automates front, middle and back office processes for 400 asset management clients globally.
Software and data solutions provider Confluence automates front, middle and back office processes for 400 asset management clients globally.
Through connectivity with Lucera and Neptune Networks, mutual clients of the thinkFolio platform will gain access pre-trade data and liquidity signals.
ACA report found that almost all firms surveyed were reporting their transactions incorrectly under MiFIR/EMIR with 87% of them unaware they are doing so.
Through the integration, mutual clients on BlackRock’s Aladdin platform can factor margin-based analytics into their pre- and post-trade decision making for derivatives.
New Bloomberg emerging market benchmarks are weighted by free-float market cap and include 26 countries, representing over $14 trillion in market value.
Glimpse Markets will now pay the buy-side for data they contribute with a ‘data dividend’ as asset managers continue to support the start-up ahead of launch this year.
The service uses BestX technology to provide RBC Investor & Treasury Services clients with FX TCA reporting to assess the execution quality of their currency overlay services transactions.
Through the integration, the BMLL Data Feed will be available to asset managers through the FlexTRADER EMS.
The expanded data set can be used across transaction cost analysis, identifying long-term trends and correlations, and back-testing pricing models.
The integration aims to tackle costly fragmented investment and post-trade processes that contribute to operational risks such as high settlement trade fails.