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Tag Archives: FinTech

Nasdaq looks to grow into sell-side tech provider Feature,Video,video

Nasdaq is looking for a new client base – the sell side. Given its broad technology reach, the company believes it has the products and infrastructure that banks and brokers need in today’s regulatory and trading environment. Speaking to JLN at the FIA IDX event in London, Carl Slesser, head of product management, banks and brokers at Nasdaq, said such firms are more open to outsourcing or partnering with companies like Nasdaq. “We’ve seen a change in the appetite in the sell-side community to use vendors and partners,” Slesser said. “We’re going to launch an initiative to focus on that…

Fintech Exchange: Changing The Market Landscape Blog,Feature,Fintech

The fourth annual Fintech Exchange event was held in Chicago on April 25 -26, with an eye toward up-and-coming companies and exchanges, as well as what’s new in the fintech space from established players. Here is a recap of the best of the two-day conference, hosted by Barchart.  

DB1’s Ankur Kamalia: Fintech Venture Capital Is All About Collaboration Feature,Video,video

Deutsche Boerse started DB1 Ventures about 2 ½ years ago with the goal of finding new fintech firms that complement the exchange’s wide-ranging technologies but also show potential to grow well beyond that. Ankur Kamalia, managing director, head of venture portfolio management at DB1 Ventures, said his group is looking at everything from post-trade to new trading platforms to regtech firms. “We wanted to start DB1 to take on investments outside Deutsche Boerse Group and with the desire to be much more aligned with the product, design and innovation strategy going forward,” Kamalia said. He added that DB1 believes a…

Revamping Nasdaq’s Tech Approach – Lars Ottersgård, Nasdaq Feature,Mwiki,Video,video

After Adena Friedman became Nasdaq’s CEO at the end of 2016, the exchange group’s management team evaluated where would be best to invest moving forward. One decision out of that process was to shift to becoming more of a fully integrated, cloud-enabled managed services provider. The plan came together in 2017. 2018 is the year for execution. In this video from JLN’s annual series with industry leaders, Nasdaq’s EVP and Head of Market Technology Lars Ottersgård talks about machine learning, data governance, parimutuel technology and cloud computing. Produced by Mike Forrester Interview by Spencer Doar

Establishing a Presence – Travis Schwab, Eventus Systems Feature,Mwiki,Video,video

Travis Schwab, CEO of Eventus Systems, thinks firms that participated in the mad rush to build out their compliance and surveillance technologies are likely at a reevaluation phase. That presents an opportunity for Eventus, a three-year-old compliance and surveillance technology firm. In this video from JLN’s annual series with industry leaders, Schwab talks about issues with data integration, machine learning applications and entering the multi-billion dollar compliance technology industry.   Produced by Mike Forrester Interview by Jim Kharouf

Uncertainty Still Looming – Thomas Book, Eurex Feature,Video,video

Europe can breathe only a bit easier with MiFID II preparation out of the way – there’s still much geopolitical uncertainty on the horizon with Brexit barrelling towards markets.   In this video from JLN’s annual series with industry leaders, Eurex CEO Thomas Book talks about shifting investor behavior, the growth of MSCI products, distributed ledger technology and more.   Produced by Mike Forrester Interview by Jim Kharouf

Regulatory Crypto Crackdown; CME grain pushback John Lothian Newsletter,Newsletter

First Read Hits & Takes JLN Staff Intercontinental Exchange Group’s market cap was $42.2 billion yesterday. Last August, it was $38.8 billion. In 2005, after its IPO, it was $2 billion.~JK Yesterday marked the 228th birthday of the Philadelphia Stock Exchange (PHLX). The following comes from Daniel Carrigan, president of Nasdaq Futures, Inc.: “PHLX was formed to support a fledgling U.S. government which borrowed $77 million from citizens to wage freedom from Britain. The first private debt offering was listed for trading in 1795 for The Penn and Lancaster Turnpike. The certificate contained the first picture imprint on a certificate…

Big bank tech arms race; South Korea Detains Crypto Execs; Rival Fidessa acquisition bidders ION and SS&C John Lothian Newsletter,Newsletter

First Read Hits & Takes JLN Staff Euronext celebrated the 40th anniversary of its options exchange in Amsterdam yesterday. In conjunction, they also celebrated Drumming Day, a centuries old tradition commemorating the bravery of an orphaned boy who saved Amsterdam’s stock exchange from the Spanish during the Eighty Years’ War.~JJL It’s not surprising that once volatility returns, the media starts to cover options markets more. As such, yesterday’s JLN Options newsletter was chock full of content, including background on the Greek general Thucydides, an IP spat, convexity, unprepared traders and a dig at David Einhorn’s confusion over why his fund…

Riding the Regtech Wave with Voice Tech – Nader Shwayhat, GreenKey Technologies Feature,Mwiki,Video,video

There are a number of angles playing into the evolution of GreenKey Technologies’ voice recognition business over the past year. The consumer sector saw the continued rise of voice assistants – who doesn’t know Alexa? Advancements in machine learning allowed GreenKey to develop its technology in ways impossible four years ago. Regulatory edicts forced companies to continue to up their compliance game and the big data boom continued to push firms to unlock information already contained in-house. Moreover, Greenkey’s relationships with IPC and OpenFin show the company’s willingness to collaborate to expand its reach. In this seventh video from JLN’s…