Survival of the Fittest: Modernizing Capital Markets Infrastructure

https://tabbforum.com/opinions/survival-of-the-fittest-modernizing-capital-markets-infrastructure/

Monica SummervilleA common approach to data architecture in financial services has been to utilize a data technology stack comprising a collection of approaches – for example, historic data in a relational database, recent data in a columnar database, and real-time data in some sort of event processing software engine. To obtain a consolidated view, connections must be made directly to various systems; an approach that gets increasingly complex over time.

S&P Global Market Intelligence launches Textual Data Analytics through Xpressfeed

https://martechseries.com/analytics/data-management-platforms/sp-global-market-intelligence-launches-textual-data-analytics-xpressfeed/

S&P Global Market Intelligence announced the launch of Textual Data Analytics (TDA), a sophisticated new data offering which applies Natural Language Processing to generate sentiment scores and behavioral metrics based on company transcripts

PitchBook and RSRCHXchange to Create Comprehensive Marketplace for Private and Public Financial Research

https://www.fintech.finance/01-news/pitchbook-and-rsrchxchange-to-create-comprehensive-marketplace-for-private-and-public-financial-research/

RSRCHXchange’s virtual library will be accessible through PitchBook’s Research Center, which includes PitchBook’s best-in-class research on private asset classes and emerging technology sectors as well as Morningstar equity research. Together, PitchBook and RSRCHXchange will create one of the most comprehensive online research marketplaces covering both the private and public financial markets. Additionally, this integration enables RSRCHXchange providers to easily extend their reach to a large and growing private market client base leveraging their existing research feed, access controls and intellectual property protection.

Intercontinental Exchange and MSCI expand relationship

https://www.institutionalassetmanager.co.uk/2019/10/01/279120/intercontinental-exchange-and-msci-expand-relationship

Lynn Martin – “With this expansion, MSCI will license and integrate ICE Data Services’ market leading fixed income pricing and reference data into MSCI’s products and services,” says Diana Tidd, Head of Index at MSCI. “MSCI and ICE have developed a strong relationship over the past decade, and we look forward to providing our clients with more access to ESG and fixed income data and tools.”

Unintended Consequences: Shrinking Sell-Side Research

https://tabbforum.com/opinions/unintended-consequences-shrinking-sell-side-research/

Douglas ChristensenTransparency has led to cost pressures and a reduction in research spending, which has had the unintended consequence of brokers and banks scaling back on the cost of coverage and ultimately has led to diminished output of published research.

MSCI to Strengthen Climate Risk Capability with Acquisition of Carbon Delta

https://business.financialpost.com/pmn/press-releases-pmn/business-wire-news-releases-pmn/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

https://tabbforum.com/opinions/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