This Week: FlexTrade Systems, NeoXam, Eventus Systems, Substantive Research
A summary of some of the past week's financial technology news.
FlexTrade Systems makes BMLL Data Feed available to users
FlexTrade Systems, a provider of multi-asset execution and order management systems and BMLL Technologies, a provider of harmonized T+1 data and analytics to capital market participants, has announced that the BMLL Data Feed is available in the FlexTRADER EMS.
BMLL’s Level 3 data and analytics aims to help financial institutions leverage the predictive nature of full depth of order book data to accelerate their research, optimize their trading strategies, and generate alpha. BMLL’s Data Feed is pre-computed from granular Level 3 order book data and provides market participants with actionable insights focused on market quality and execution performance, as well as available liquidity at different depths of the book.
GIC selects NeoXam for implementation projects
Singapore’s sovereign wealth fund, GIC (formerly known as Government of Singapore Investment Corporation) has selected NeoXam, a provider of data management and transaction software solutions, for its Master Data Management and Investment Exposure Engine implementation projects across all public and private asset classes.
NeoXam DataHub will be deployed to maintain a record for reference data in areas such as instruments, prices, and rates. In addition, NeoXam IBOR will provide golden copy exposure data to enable risk managers to have clarity on their exposures across instruments.
Eventus Systems adds OSL Digital Securities transaction monitoring capabilities
Eventus Systems, a provider of multi-asset class trade surveillance and market risk solutions, has announced that OSL Digital Securities, a digital asset platform for institutions and professional investors, and member of BC Technology Group, has added its transaction monitoring capabilities. This will be an expansion beyond OSL’s ongoing use of the Eventus Validus platform for trade surveillance. Trading on the new regulated OSL Exchange went live in March 2021.
OSL started working with Eventus in the fall of 2019. Eventus now supports the trade surveillance of two-thirds of the digital asset exchanges listed on CB Insights’ global Blockchain 50 list.
Substantive Research adds ESG providers to offering
Substantive Research, a research discovery and research spend analytics provider for the buy-side, has announced the launch of the latest function to be added to its offering for asset managers—the inclusion of environmental, social, and governance research providers.
Substantive Research has developed an ESG provider dashboard, which allows its users to objectively compare ESG research providers in key areas, including the number of companies a provider covers, the number of different metrics and data points each provider covers, how often data points are updated, where the data addresses an ESG reporting regime, current geographic or regional expertise, and niche specialism within ESG fields.
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