RIMES, a specialist in data management and RegTech solutions, and SOTERIA, a real-time communication compliance and surveillance solution, have completed an initial product integration phase as they look to provide financial firms with a comprehensive monitoring solution to facilitate compliance with anti-market manipulation and insider dealing rules and regulations.

Global trade surveillance and market risk software platform provider Eventus Systemsn has made its first key hire in London with the appointment of Roger Chandler as Senior Sales Engineer, Europe. 

Bitfinex has launched Shimmer, a new proprietary surveillance tool aimed at combating market abuse identifying suspicious trading practices on the digital asset exchange.

Bank of China has launched DeepFX, an artificial intelligence-based foreign exchange trading signal prediction application through Eikon, the first released third-party Eikon app from a China based financial institution.

By Mike Cumming Bruce, Senior Associate, and Andrew Flynn, Associate, both at law firm Cooke, Young and Keidan – Imagine that you are the boss of a hedge fund that has outsourced all of its core analytical functions to a highly sophisticated AI-driven system and, in doing so, have generated market-beating returns for a number of years. 

Extreme market movements, in all directions, are driving market participants to use high speed strategies to keep pace. Demand for Avelacom’s low latency network has seen unprecedented growth, with a 35 per cent increase in volume of data transferred between exchanges in March. 

CloudQuant says it has proven the value in the Precision Alpha Machine Learning Signals (PA Signals) alternative data set. Its detailed data science study shows a long-short portfolio outperforms the equal-weight S&P 500 ETF by an average of 37.9 per cent per year after transaction costs. 

TransFICC, a specialist provider of low-latency connectivity and workflow services for fixed income and derivatives markets, and SoftSolutions, a developer of high-performance mission-critical platforms, are partnering to provide clients with connectivity and workflow solutions for Interest Rate Swaps.

Chicago-based RJ O’Brien & Associates (RJO), one of the oldest and largest independent futures brokerages and clearing firms in the US, has selected Austin-based Eventus Systems, a multi-award winning global trade surveillance and market risk software platform provider, to provide its global market surveillance and real-time risk monitoring solution. 

Euromoney TRADEDATA has launched its first reference data application that can be deployed into the Symphony secure team collaboration environment, in the second deliverable from its strategic partnership with data sharing and workflow platform ipushpull.