Also, MarketAxess is collaborating with Broadway, FNZ is expanding into Germany and DTCC is collaborating with NYU.
Murex integrates offerings from ICE Data Services
Murex, a provider of trading, risk management and processing solutions, reports that it has created a more efficient way for its MX.3 platform to access fixed income and derivatives data offerings from ICE Data Services, part of the Intercontinental Exchange (ICE ), access.
The MX.3 platform supports trading, treasury, risk and post-trade operations.
“By integrating ICE’s data into MX.3, existing and prospective clients have access to a variety of daily and historical data – including cross-asset prices, volatilities and other analytics – that clients can leverage to gain insight into their trading risk management and P&L management,” the official announcement said.
For example, analytics such as MX.3’s Value at Risk (VAR) can be calculated using local servers or via a cloud provider using ICE’s historical datasets. Murex has also integrated ICE’s data into its demo environment to help demonstrate MX.3 capabilities as well as new business process-as-a-service solutions to its customer community based on ICE’s current data.” so murex to murex.
“Via the interface to Murex, buyers and sellers can use the data from ICE to evaluate their positions. The data can also be used to perform VAR, market risk, end-of-day valuations and other calculations,” Murex officials say.
ICE operates stock exchanges, including the New York Stock Exchange (NYSE), and clearinghouses, officials say. ICE also provides data, technology and market infrastructure support, as well as end-of-day and continuously valued prices for fixed income, exchange traded and OTC derivatives.
MarketAxess and Broadway launch UST RFQ feature
Broadway Technology, a front office solutions provider, has renewed its partnership with MarketAxess, which operates an electronic fixed income trading platform, and they have a request for quotation (RFQ) workflow capability for the US Treasury Department for the MarketAxess marketplace designed for US Treasuries, officials say.
“The feature is currently live and available to all joint customers,” officials add.
The new integration expands on the existing relationship between Broadway MarketAxess Live Markets Rates, but “now includes RFQ, giving mutual trader clients the ability to respond [US Treasuries] Inquiries from MarketAxess’ customer base,” officials say.
“The MarketAxess trading ecosystem connects a trusted community of primary and regional traders, professional trading firms and buy-side clients to trade US Treasuries on-the-run and off-the-run. It combines credit and rates trading capabilities in a single solution to give investors and trader clients more flexibility to trade across the fixed income universe,” read the announcement.
“With this new integration with MarketAxess, Broadway clients can now benefit from a connection to one of the deepest liquidity pools and a network of over 1,900 firms around the world,” said Bruce Boytim, Broadway’s chief operating officer, in a prepared statement. MarketAxess also offers market data and post-trade services for fixed income markets.
FNZ acquires asset management specialists
Edinburgh, Scotland-based FNZ is hoping to boost its wealth management efforts in the German sector through the acquisition of DIAMOS AG, a specialist wealth management technology provider, officials say.
Headquartered in the municipality of Sulzbach, Germany, DIAMOS has “more than 100 employees and a strong development team,” officials say. The company has been developing solutions for the wealth management industry for more than 30 years.
DIAMOS serves markets in Germany, Austria, Switzerland, Liechtenstein and Luxembourg and “will provide FNZ with advanced technology expertise in fund management and alternative investments as well as with outstanding professional competence and in-depth knowledge of the entire wealth management value chain”, according to the announcement.
The acquisition of DIAMOS “is another investment by FNZ in Europe. Upon completion, FNZ will employ more than 1,000 people in the DACH region and over 5,000 worldwide.
“We are delighted to be making another significant investment in the German wealth management sector and excited to be working with the DIAMOS team given their track record and deep market knowledge,” says Adrian Durham, Group CEO of FNZ, in an explanation .
Collaboration between DTCC and NYU Center for Cybersecurity
Post-trade market infrastructure provider DTCC is working with the NYU Tandon School of Engineering to improve the capabilities of the NYU Center for Cybersecurity (CCS), officials say.
“The school’s five-year vision for partnering with DTCC includes proposals to add a key subject area in resilience to the Center for Cybersecurity to enhance the Center’s reputation as a hub for thought leadership,” read the official announcement.
The partnership aims to attract researchers and “foster a new generation of cybersecurity and resilience professionals, with a particular focus on designs, solutions and technologies to make systems more resilient to ever-evolving threats,” officials add. The collaboration is designed to “leverage DTCC’s nearly five decades of technology, resiliency and cybersecurity expertise.”
The partnership will be built on research, education and workforce development, as well as dissemination and outreach, officials say.
The effort “aims to expand the pool of Ph.D. Students conducting research on cybersecurity and resilience at NYU Tandon and provide opportunities for undergraduate and graduate students in the field. It will also design and develop resilience curricula for undergraduate and graduate students,” the announcement said.
“The partnership…will give our students and researchers access to invaluable cybersecurity and resilience expertise…It will also train them in the tools and technologies that enable them to stay ahead of increasingly sophisticated threats,” says Jelena Kovačević, dean of NYU Tandon, in a prepared statement.
Learn Crypto Trading, Yield Farms, Income strategies and more at CrytoAnswers
https://nov.link/cryptoanswers
Comments are closed.