Analytics & Business Intelligence

Latest Headlines

Latest Headlines

Shifting market structure prompts energy trading firms to look at lifecycle management

Tighter margins and the availability of an increasing amount of data is prompting energy trading firms to begin looking to better analyze data and optimize processes, but many firms in energy trading, are still wrestling with integrating disparate data silos, according to Sapient Global Markets.  

CME Group venture fund invests in big data

CME Group's venture fund Liquidity Ventures has invested in big data company Powerlytics. The investment is the fourth firm in which Liquidity Ventures has invested.  

After HFT probes, U. Michigan consumer confidence survey moves to Bloomberg

Beginning in January, Bloomberg will become the new distributor of the University of Michigan's consumer confidence survey, and market participants will no longer be able to get early access to the data for a high fee.

Lloyds expected to cut thousands in largest job cuts since 2011

Lloyds Banking Group is expected to cut thousands of jobs and close branches in a continuation of its cost cutting measures. The firm will reportedly make up for the personnel losses by increasing automation across its entire business, including areas like mortgage processing, account opening and more.  

New CIBC chief overhauls executive management structure

CIBC's new president and CEO Victor Dodig began his new role by making sweeping structural changes to the executive management ranks of Canada's fifth largest bank. The changes include two key departures and expanded roles for many others as an eight-member executive committee was formed to replace the existing senior executive team.

Morgan Stanley shrinks and streamlines managed mutual fund program

Morgan Stanley is closing a managed mutual fund program acquired through its purchase of Smith Barney as part of an effort to streamline some of its managed account offerings, Reuters reported.

ADV sinks to lowest level since 2006

The already low average daily trading volumes dropped another 8 percent last month from 5.7 billion to 5.2 billion, reaching their lowest levels since 2006, according to the Tabb Group's monthly Liquidity Matrix. The drop came even as volatility experienced a slight uptick. The Chicago Board Options Exchange's CBOE Volatility Index saw volatility grow slightly from 12.3 to 13.5.

ICE's SuperDerivatives purchase highlights the importance of derivatives data

Exchange operator IntercontinentalExchange's announcement last week that it is buying financial market data provider SuperDerivatives for about $350 million will marry two companies that began taking a highly automated approach to the derivatives market, even before many of the derivatives markets themselves were fully committed to moving in that direction.

UBS invests in wealth management technology

UBS Wealth Management Americas is introducing new technology features for its wealth management customers and announcing several other technology developments in the pipeline. The newest features include cash awards functionality and tools to facilitate online portal navigation.

Tabb Group's July Liquidity Matrix illustrates Barclays LX struggles after lawsuit

The recently released July issue of Tabb Group's Liquidity Matrix reveals the sharp drop in trading that Barclays' dark pool Barclays LX experienced following New York Attorney General Eric...