7RIDGE to acquire US FinTech group Trading Technologies
The acquisition, backed by Cboe and Singapore Exchange, will help drive Trading Technologies’ organic growth.
Technology
TIFIN valuation now five times higher following latest funding round
AI platform for asset managers closes third successful funding round in less than 12 months.
Leaders in Trading 2021: FinTech of the Year Award shortlist announced
The winner will be announced during The TRADE’s flagship gala awards night which returns to The Savoy in London on 4 November.
Quantitative Brokers expands Striker to create two-in-one algorithm
Newly expanded algo now allows traders to seek out, display, and trade in-between minimum exchange tick increments alongside existing capabilities.
Bloomberg technology increasingly catering for multi-asset buy-side
Global head of buy-side solutions at Bloomberg tells The TRADE that unified technology across the order management process and asset classes is increasingly in demand.
FundsDLT and UBS complete investment funds blockchain proof-of-concept pilot
Pilot confirms the viability of a blockchain-based distribution model for investment funds.
Coronation adopts FlexTrade Systems’ FlexNOW EMS
South African investment firm becomes the latest to integrate FlexNOW EMS following FINBOURNE and Lyxor Asset Management.
Euroclear experiment confirms blockchain as suitable technology for post-trade market operations
Commissioned by Banque de France and led by Euroclear the experiment included input from consortium of institutions.
FactSet acquires Boston-headquartered Cobalt Software
As part of the acquisition FactSet will enhance its data and workflow solutions.
HSBC launches open architecture post-trade platform to offer third-party services
The approach will allow clients to choose and connect to their preferred service providers, with the ability to select products and services best suited to their needs.