This Week: SmartStream, BSO/Oracle, Gleif, BMLL, Genesis/XP Investimentos

SmartStream releases latest API suite with a range of reference data services

Reference data utility (RDU) solutions provider SmartStream Technologies has announced the launch of its API suite, offering quicker access to services providing data.

RDU services currently fall into two categories: security reference data and regulatory reference data. Security reference data solutions available on an API basis will include a listed derivatives service and an equities service. Early 2021 will also see a fixed income solution that can be accessed via an API.

SmartStream CTO Rocky Martinez says that the service is a first for SmartStream, in that it is a self-service product. “Typically, the way the APIs were bundled were with big enterprise deals. We are realizing that as data becomes fluid, we need to give all sizes of organizations, large and small, the ability to access the data they need.”

A member of the public could access the data for testing today, he adds. “You don’t need to speak to a salesperson before you get it, which is a big deal for us. Usually, we gate our technology—it is very large, and users would need guidance on how to use it. But the APIs are designed to be very straightforward.”

The service will also provide access the RDU’s regulatory reference data services, including its Systematic Internalizer Registry. The Securities Financing Transaction Regulation enrichment API will also continue to be provided.

BSO broadens Cloud Connect offering with Oracle Cloud FastConnect

Telecoms operator BSO announced it will offer on-demand connectivity to Oracle Cloud as an official Oracle Cloud FastConnect partner.

The partnership provides global enterprises with a private and secure connection from their sites to their critical data and applications within Oracle’s Cloud. BSO will offer Oracle Cloud FastConnect services up to 10Gbps from any of its 240+ POPs. 

Built over BSO’s global core private Ethernet network, BSO Cloud Connect provides customers with on-demand connectivity from their data centers and networks, office or colocation environment to cloud services providers such as Amazon AWS, Microsoft Azure, or Google Cloud.

Gleif Introduces LEI Search 2.0 and Companion API

The Global Legal Entity Identifier Foundation (Gleif) has enhanced its LEI search engine with rich data functionality and published a companion API enabling third-party developers to automate searches and retrieve higher quality LEI data from within their application environments.

By expanding the number of search parameters available, LEI Search 2.0 seeks to deliver a new level of transparency over how legal entities have evolved over time, enabling faster and counterparty due diligence, heightened granularity in regulatory oversight procedures and richer reporting potential for market data aggregators. There is a new option to view historical changes to any data field of an LEI, from 2018 onwards. This change log data includes the date of each LEI update, which data field has been altered together with the previous value and the new value.

LEI Search 2.0 is delivered with a companion API giving third-party developers access to the full range of search functionality from within their own application environments. Organizations will be able to set up automated searches in support of a wide variety of LEI data use cases globally. The Gleif API also makes available further related data, including reference data of LEI issuers, code lists used in LEI records and mapped identifiers.

BMLL Delivers Data and Analytics Capabilities on Kx platform 

BMLL has announced that its BMLL Data Feed will be available to sell-side participants on the Kx Streaming Analytics platform.

BMLL’s data and analytics are used by institutions in the capital markets for alpha generation, to understand how markets behave, back-test trading strategies and to make more informed trading decisions. The BMLL Data Feeds cover venue analytics, trading costs, alternative pricing, pricing analytics and trading analytics.

The collaboration will combine BMLL’s Data Feeds and horizontally scalable analytics with Kx’s real-time data capture and ultra-low latency processing technology, delivering insight and context for business and trading decisions to sell-side institutions.

Genesis Partners with XP Investimentos to launch FX Prime Trade Capture application

Genesis has launched FX Prime, a trade capture application developed for FX and rates trading desks with prime broker integration. The application has been developed in partnership with XP Investments, United States-based subsidiary of the Brazilian broker-dealer XP Investimentos, the largest broker-dealer in Brazil. FX Prime is built on the Genesis Low-Code Application Platform.

FX Prime also acts as a productivity tool that captures FX and rates voice business and streams trade activity directly into the prime broker while simultaneously serving as placeholder for books and records. The application augments standard internal processes with platform features such as new trade capture, amendments and cancellations, option expiry monitor and client trade confirmations to provide an end-to-end operating environment. FX Prime can also connect to external market platforms, and sit on top or alongside existing internal systems.