This Week: S&P/AWS, Deutsche Börse/Google Cloud, Tradeweb, & more

S&P Global and AWS to develop joint cloud-based services

S&P Global has chosen Amazon Web Services (AWS) as its preferred cloud provider in a new push to enhance its cloud infrastructure.

The agreement will see cloud-based services extended to more than 100,000 of S&P’s government and enterprise customers in 43 countries around the world. As it stands, 65% of S&P’s application workloads run on AWS. As part of the collaboration, S&P Global will also move its Capital IQ and remaining core data platforms to AWS by 2025.

Deutsche Börse Group and Google Cloud announce strategic partnership

DeutscheBörse and Google Cloud have agreed on a partnership to enhance Deutsche Börse’s cloud offering. The German exchange’s digital securities platform D7 will now leverage Google Cloud’s infrastructure and analytics services.

As a result of the partnership, Google Cloud will become Deutsche Börse Group’s preferred partner for cloud consumption for the next 10 years.

The exchange’s digital asset business will also benefit from Google Cloud’s services, and its platform will get a cloud-native market infrastructure to deliver crypto spot and derivatives products. Deutsche Börse Group aims to expand these capabilities to more asset classes over time.

Additionally, the two companies plan to jointly deploy a data mesh for several of Deutsche Börse Group’s data distribution and data use-cases in the cloud.

Tradeweb launches INAV calculation service

Tradeweb has unveiled a market data service to calculate real-time indicative net asset values (INAVs) for exchange-traded funds (ETFs). BlackRock was the first ETF issuer to use Tradeweb Inavs for its Ishares ETF suite in Europe.

Inavs provide intraday indications of an ETF’s value based on the market price of its constituents and are calculated and published every 15 seconds during trading hours.

The Tradeweb INAV calculation for fixed-income ETFs applies a waterfall methodology prioritizing live price contributions from Tradeweb’s platform. The process is similar to establishing a fund’s official closing NAV, but is performed intraday. Tradeweb applies a similar approach to produce INAVs for equity, commodity and fund of fund ETFs.

Broadridge taps Point Focal for alternative data

Broadridge has partnered with analytics provider Point Focal to provide content for NYFIX, Broadridge’s order-routing network platform.

NYFIX clients, including buy-side asset managers and sell-side service providers, will have access to custom portfolios and watch lists built from Point Focal’s alternative data.

Reports from Point Focal that will be available on NYFIX include a pre-market report of recent news activity and sentiment scores, earnings recaps and outlooks, a post-market report summarizing portfolio performance, and a weekly report summarizing on-and-off exchange venue activity.

Iress to provide pricing and trading data APIs for Centroid Solutions

Iress has struck up a partnership with Centroid Solutions to supply Centroid clients with real-time pricing data and trading APIs. Market data will be integrated into the trading platforms of Centroid’s online broker clients via Iress.

Centroid clients will also have access to Iress’s ConsolidatedFeed API for pricing and trading exchange traded products. Iress’s API data and trading tools have been integrated with Centroid Bridge, a liquidity management and order execution engine.

Johannesburg Stock Exchange turns to BMLL for data and analytics

BMLL has added the Johannesburg Stock Exchange (JSE), Africa’s largest stock exchange, to its client roster. JSE will use BMLL’s level 3 data and analytics to offer market participants market structure and performance metrics, while BMLL’s data coverage will extend to include JSE data across equities and ETFs.

The JSE will also use BMLL’s data to demonstrate the quality of execution and provide members with third-party verification on the availability of liquidity in cross-listed securities, ADRs & GDRs on its own venues versus other exchanges. BMLL’s analytics capabilities will also enable the exchange to carry out cross-venue market analysis.