MSCI to Strengthen Climate Risk Capability with Acquisition of Carbon Delta

Business Wire – Founded in 2015, Carbon Delta is a global leader for climate change scenario analysis. Together, MSCI and Carbon Delta will create an extensive climate risk assessment and reporting offering for the institutional market, providing global investors with solutions to help them better understand the impact of climate change on their investment portfolios and comply with mandatory and voluntary climate risk disclosure initiatives and requirements.

Unbundling Is Upending Asset Management as We Know It

Larry Tabb – Increasingly, the large buy-side firms are embracing unbundling, as it enables them to better manage their business. It provides greater clarity around what research managers need, the cost of obtaining that information, and the service models it entails. It also allows buy-side traders to focus their attention on sending their orders to the most effective execution desks, instead of allocating those trades to research brokers based on their investment ideas, even if their trading desks are not truly effective.

Also See: Industry at War with Itself, and Unbundling’s Impact on the Buy Side-Sell Side Relationship

Statement On Status Of The Consolidated Audit Trail, SEC Chairman Jay Clayton


I believe that the next six to twelve months will be critical for moving the CAT from concept to reality.  I urge the SROs to continue their efforts to work cooperatively with each other and with the industry to fulfill their obligations under the CAT NMS Plan as promptly as practicable, always keeping front of mind the importance of cybersecurity and the protection of sensitive data.

APIs are the next big SaaS wave

Daniel Levine – For fast-moving developers building on a global-scale, APIs are no longer a stop-gap to the future—they’re a critical part of their strategy. Why would you dedicate precious resources to recreating something in-house that’s done better elsewhere when you can instead focus your efforts on creating a differentiated product?

Thanks to this mindset shift, APIs are on track to create another SaaS-sized impact across all industries and at a much faster pace. By exposing often complex services as simplified code, API-first products are far more extensible, easier for customers to integrate into, and have the ability to foster a greater community around potential use cases.

The LTSE Wants To Be Tech Startups’ Stock Exchange

Ryan Duffy – LTSE bills itself as a better venue for startup IPOs. … Emerging tech startups could be interested in the LTSE route because it’s designed to withstand public markets’ short-termism and the obsession over quarterly performance. After all, companies focused on advanced technology usually have longer product roadmaps, heavier R&D spending, and the habit of putting off profitability for as long as possible. 

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APIs – Bridging the Connectivity Gap

Godfried De Vidts – Hidden between front and back office, small but highly important technical solutions are emerging. Take for example the Application Programming Interface (API). An API is a software intermediary that allows two applications to talk to each other. In other words, an API is the messenger that delivers your request to the provider that you’re requesting it from and then delivers the response back to you. It is a set of commands (that can be used to send and receive data over a local network or the Internet), functions, protocols, and objects that programmers can use to create software or interact with an external system. APIs have been developed between individual participants.