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BNP Paribas Digitises Pre-trade Client Workflows

Pre-trade Client Workflows

ipushpull’s PPQ delivers enhanced efficiency for buy and sell-side firms for non-standard, complex trades.  

London, UK – May 2021: ipushpull, the real-time data sharing and workflow platform today announced that BNP Paribas, a leading global investment bank, have implemented PPQ standardised messaging to streamline their manual workflow around non-standard, complex trades, for their global asset manager community. PPQ has been designed to deliver enhanced efficiency, reduce operational and compliance risk and support trade negotiation. 

Many buy-side firms have long highlighted the gap in the market for a way of digitising complex transactions between asset managers and sell side firms. For example, LDI trading and other complex workflows require a combination of digital and voice trading interactions in addition to tasks performed using chat, email and Excel spreadsheets. This also includes the need to streamline manual processes and operational risk associated with emails, file sharing and copy-paste, as well as providing quick and efficient responses.  

PPQ is a pre-trade syntax which standardises and facilitates the negotiation process between the buy and sell side through a set of integrated data sharing and data-driven tools. It uses financial networks like Symphony to deliver the standardised syntax within private bilateral chats to allow trading and sales to communicate detailed information.  

Chatbots can interpret key data within those messages, display them within a custom application and allow the end user to drive the workflow from a single screen. Data mapping transforms incoming and outgoing data into the required format, creating an extensible solution to interoperate between new and existing standards. The inclusion of structured data objects within messages, containing instrument definitions, event descriptions and a wealth of other metadata, can further aid automation of pre-trade workflow.  

Ben Harvey, Senior LDI & Macro Rates Sales from BNP Paribas noted “As a bank that is continuously innovating our technology and processes to enhance our client’s experiences, we are pleased to integrate data-driven automation to support our sales organisation in delivering service excellence.” Harvey added “Complex derivatives are the next area where we are focused on process automation and improvement. This also underlines our approach to the next generation dealing room and to further develop the non-price element of our customer offering.” 

Matthew Cheung, CEO from ipushpull commented “We are delighted to see the positive impact that PPQ has had on BNP Paribas’ operational workflow and risk mitigation. Our unified modular and cloud-based approach enabled us to rapidly deliver this solution into production and provide quantifiable benefits.”  

About ipushpull 
ipushpull is a leading capital market FinTech firm that connects people, data and applications in real-time. We make sharing seamless by eliminating silos of data sitting in emails, spreadsheets or file shares and integrate that data into structured workflows.  

Data drives financial markets however data sharing has hardly changed for decades. Our goal is to improve human decision making by reducing the heavy lifting around complex manual repetitive tasks, allowing people to focus on value-add activity. 

For more information visit www.ipushpull.com.  

Contacts 


ipushpull 

Matthew Cheung 

CEO 

info@ipushpull.com  

+44 20 3808 4085 

Media contact 

The Realization Group  

Melanie Budden 

Melanie.budden@therealizationgroup.com 

+44 7974 937970 

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Natwest Markets Trading Desk Adopt PPQ from ipushpull

Natwest Markets Trading

ipushpull launch PPQ workflow solution, now adopted by NatWest Markets and hire former head of GBP Inflation Trading

London, UK – 09 January 2021: ipushpull, the live data sharing and real-time workflow automation platform, are delighted to announce that Natwest Markets have implemented their newly launched PPQ (Pushpull Quotes) workflow solution that streamlines manual workflow around non-standard, complex negotiations. At the same time Neil Weatherall has been hired to lead technical sales and PPQ product development.

PPQ is a pre-trade workflow tool which standardises and automates the negotiation process between buy and sell side. Using financial networks like Symphony and standardised syntax within private bilateral chats to allow trading and sales to communicate in a better way.

Chatbots can interpret key data within those messages, display them within a custom application and allow the user to drive the workflow from a single screen. Data mapping transforms incoming and outgoing data into the required format, creating an extensible solution to interoperate between new and existing standards. The inclusion of structured data objects within messages, containing instrument definitions, event descriptions and a wealth of other metadata, can further aid automation of pre-trade workflow.

Natwest Markets plus a further three top tier banks and one of the largest UK asset managers are already using PPQ and with a strong pipeline of interest, including further customers expected to adopt PPQ early in 2021.

Matthew Cheung, CEO of ipushpull, comments:
“We are seeing a massive acceleration of digitisation in capital markets. A convergence of live data sharing, chatbots and cloud means pre-trade workflow for non-standard complex trades can now be streamlined. ipushpull allows both buy side and sell side to take advantage of this.”

Neil Weatherall has joined Pushpull Technology following a long career with Natwest Markets and RBC Capital Markets. Neil started his career at Natwest in 2002 and went on to become Head of GBP Inflation. Rapid growth in the LDI industry and hedging programmes saw trade volumes increase exponentially across a diverse client base and as a result Neil has overseen large scale changes in the technology employed to price, book and manage trades.

Neil Weatherall, Head of Technical Sales, ipushpull, adds:
“I’m excited to join ipushpull at such a time of momentous change in working practices across financial markets.  Eliminating manual processes, creating standardisation and improving efficiency are paramount.  There are a significant number of complex instruments or package trades where the Pre-trade negotiation process is ripe for digitising and enhancing through our PPQ service. I’m looking forward to helping our clients move towards frictionless and seamless workflows, providing higher quality data and intelligence around their trading activities.”

About ipushpull
ipushpull are a capital markets fintech providing a live data sharing and workflow automation platform. Solving for the complexity around data sharing – we unbundle data sitting in emails, spreadsheets or file shares and bring that data back together into a structured workflow alongside manual tasks previously spread across different applications. Data drives financial markets however data sharing has hardly changed for decades. Our goal is to improve human decision making by taking the heavy lifting and manual administrative tasks away and leave people to do the things only people can do.

For more information visit www.ipushpull.com.

Contacts


ipushpull

Matthew Cheung

CEO

info@ipushpull.com

+44 20 3808 4085

Media contact – The Realization Group

Melanie Budden

Melanie.budden@therealizationgroup.com

+44 7974 937970

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Moving towards future state in capital markets – The Financial Technologist

future state in capital markets

It’s a very wide spectrum in capital markets between legacy user environments at one end and the equivalent of the SpaceX Dragon 2 mission and its recent launch at the other, where automation is center stage. There is a lot that firms can be doing today to move towards the latter, especially as fast evolving consumer products set a precedent for other industries. The number of growing millennials in capital markets who are taking up senior positions expect technology in office environments to offer regular improvements and functionality updates as standard. The future state in capital markets is evolving.

Areas which before were considered a nice to have, are becoming the new norm in the dynamic that the COVID pandemic created. Standardization and aggregation of data, multi-application interoperability and reducing the overall screen real estate are becoming essential in the migration to the new environment.  

There is one component for many users across the front, middle and back office which is even more often used than Bloomberg, one that has achieved notoriety – Microsoft Excel. An integration of this component is key, whether between users, chat apps or an ecosystem of other applications which can be used to further workflow. 

How can we build a better user experience? How can traders optimize their workflow in and out of the office? What is the best way to collaborate on data between departments and locations? 

Find out more in the interview by Matthew Cheung in The Financial Technologist ‘Phoenix’ out now.  

Tune in to hear more on “Creating a Blueprint for Pandemic Recovery in Financial Technology” webinar on 19th August at 5pm BST, where Matthew Cheung and an expert panel will be discussing the topic in more detail. 

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The Investment Association selects ipushpull to be part of new UK FinTech accelerator

UK FinTech accelerator

Powering the progression of tech adoption within the investment industry

LONDON, April 21st, 2020: ipushpull, a leading enterprise platform that improves efficiency by allowing secure live data sharing and workflow automation, is pleased to announce that they have been chosen by The Investment Association (IA) to be part of its latest FinTech hub ‘Engine‘.

The accelerator programme will connect best-in-class FinTech innovators with investment managers looking to transform the industry. It will act as a catalyst for industry transformation and bring together focused tech solutions.

Matthew Cheung, CEO of ipushpull, said:

“We are delighted to be part of the IA’s unique programme driving greater adoption of new technologies across investment management. ipushpull and our data-as-a service solution has been recognised for innovation, quality of solution and our focus on key industry problem areas within the investment industry.”

ipushpull transforms data-driven workflow and improves efficiency across capital markets with real-time data sharing and workflow automation, delivering fast time-to-market and cost savings for data producers and services.

Working closely with the buy-side, the data as a service solution standardises and automates workflow using an innovative approach of bots and widely used chat applications. ipushpull has seen a dramatic increase in adoption of these solutions as buy-side traders are forced to work from home due to COVID-19.

John Macpherson, Deputy Chair of the IA Engine Advisory Panel, comments:

“We have certainly witnessed transformational changes over the last couple of months and have seen technology enable firms to operationalise and compete in these unusual and difficult times. We’re thrilled to offer ipushpull access to our industry-recognised programme and excited at such new and innovative technology which the IA can showcase to trading desks of UK based asset managers“.

ipushpull will work with the IA and harness the industry expertise of its partners and networks. Also, as part of the eight-month accelerator program, the participants will receive mentoring from an industry-expert Engine Advisory Panel to help unlock potential for solutions throughout the sector, including Schroders, Aberdeen Standard Investments, Insight, Legal & General, M&G and UBS Asset Management.

Alongside ipushpull, the firms chosen are Exabel, Fundipedia, KiteEdge and Rungway.

 

Media contact for ipushpull

Melanie Budden

The Realization Group

+44 (0)7974 937 970

Melanie.budden@therealizationgroup.com

 

Media contact for The Investment Association

Katie Martin, Head of Communications: Katie.Martin@theia.org

44 (0)20 7831 0898

Press@theia.org

 

About ipushpull: 

ipushpull is transforming data-driven workflows and improving efficiency across capital markets with real-time data sharing and workflow automation. The Data-as-a-Service platform delivers fast time-to-market and big cost savings for data producers and services, providing unified, access-controlled data distribution into client applications (Custom Apps, Excel, Symphony, chat bots, notifications, APIs) and streamlining high-touch processes across the trade lifecycle with the ipushpull no-code custom applications and bot framework.

For more information about ipushpull and our solutions visit www.ipushpull.com.

 

About The Investment Association (IA):

The IA champions UK investment management, supporting British savers, investors and businesses. Our 250 members manage £7.7 trillion of assets and the investment management industry supports 100,000 jobs across the UK. Our mission is to make investment better. Better for clients, so they achieve their financial goals. Better for companies, so they get the capital they need to grow. And better for the economy, so everyone prospers. The UK is the second largest investment management centre in the world, after the US and manages 35% of all assets managed in Europe.

For more information about The Investment Association visit www.theia.org.

 

 

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First cohort of firms join rebranded IA FinTech hub – Engine

UK fintech accelerator

The latest five firms chosen to take part in the IA’s FinTech accelerator programme have today been unveiled by the Investment Association (IA), as the trade body announces the programme and FinTech hub will be rebranded ‘Engine‘.

The six-month FinTech accelerator programme (formerly known as Velocity) aims to connect best-in-class FinTech innovators with investment managers looking to transform investment. The evolution of the IA’s FinTech offering from Velocity to Engine reflects the growth and maturing of the IA’s FinTech ambitions – expanding its hub and accelerator in London, to power national and international FinTech adoption with the co-working ‘Engine Room’ in Birmingham and the development of global initiatives and partnerships.

The selected firms will benefit from unparalleled access to the IA and its industry expertise, as well as gaining valuable exposure to industry networks and potential clients. Participants benefit from mentoring from the industry-expert Engine Advisory Panel, which helps firms unlock their potential and implement solutions throughout the sector.

The following firms were selected to take part in the Engine accelerator programme due to the quality of their solutions and focus on key industry problem areas:

  • Exabel delivers cloud technology solutions to buy-side firms which enable active fund managers to complement their investment strategies with more data-driven techniques and perspectives, including powerful AI predictive models.
  • Fundipedia is a leading data management platform empowering the asset management industry to govern their data with ease, make smarter, faster decisions, and meet regulatory reporting requirements with confidence.
  • ipushpull is transforming data-driven workflows and improving efficiency across capital markets with real-time data sharing and workflow automation, delivering fast time-to-market and cost savings for data producers and services.
  • KiteEdge turns knowledge into advantage through a combination of leading-edge technology and human expertise, empowering asset managers to maximise their value by identifying insights and delivering improved outcomes.
  • Rungway, the workplace advice platform, is a management tool to foster a safe, inclusive culture and strengthen your conduct & culture framework.

Chris Cummings, Chief Executive of the Investment Association, said:

“18 months after the launch of our FinTech offering, our accelerator programme is moving from strength to strength. The unveiling of Engine is fitting of our ambition to drive broader adoption of new technologies across investment management. Engine will continue to act as a catalyst for industry innovation, bringing together buy side focused tech solutions addressing current and future business needs.

“Congratulations to Exabel, Fundipedia, ipushpull, KiteEdge and Rungway who have succeeded in securing their place in the first Engine cohort.”

Engine will also feature a new taxonomy and search functionality (in partnership with The Disruption House) on its new website that allows for quick identification of solutions across the value chain, asset classes and technologies, providing a single source directly applicable to the specific needs of investment management businesses.

 

 

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Euromoney TRADEDATA Releases Symphony App in Partnership with ipushpull

daas automation

LONDON, March 10, 2020: Euromoney TRADEDATA is pleased to announce the release of 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 ipushpull, the powerful data sharing and workflow platform.

The application will provide licensed Symphony users on demand access to Euromoney TRADEDATA’s reference data sets. Enabling secure data transfer between internal and external counterparties, to resolve trade-processing, including incorrect or missing trade data, pre-trade risk, clearing, settlement and regulatory reporting issues.

Commenting on the announcement, Mark Woolfenden, Managing Director of Euromoney TRADEDATA, said, “The release of our first Symphony application endorses our strategy of providing embedded, on demand workflow functionality to clients accessing our reference data. Community messaging solutions are a perfect medium for requesting and retrieving unique data sets as part of rapidly developing workflow technologies.” He added, “We also look forward to working with ipushpull to develop a clutch of bots, to further enhance our customers’ experience in using our data services.”

Matthew Cheung, CEO of ipushpull, said, “We are very pleased to be working with Euromoney TRADEDATA, who are using ipushpull to dramatically improve workflow efficiency for their clients. Through a single connection to ipushpull, Euromoney TRADEDATA is now able to deliver live and on demand data into Symphony, as an App and as a chatbot, and direct into client-side Excel.” Adding, “Our rapid delivery provides both a fast time to market and a new way for Euromoney TRADEDATA to monetise their data.”

 

About Euromoney TRADEDATA

Euromoney TRADEDATA provides an aggregation service for the global exchange traded derivatives. Recognised as specialists and innovators in the F&O market, the up to date data we provide is essential for accurate and timely settlement of trades without the additional overheads of collating, validating and maintaining in-house data.

Information about Euromoney TRADEDATA: www.euromoneytradedata.com

 

About ipushpull

ipushpull is transforming data-driven workflows and improving efficiency across capital markets with real-time data sharing and workflow automation. The Data-as-a-Service platform delivers fast time-to-market and big cost savings for data producers and services across the trade lifecycle using no-code custom applications and ipushpull’s bot framework.

Information about ipushpull: www.ipushpull.com

 

For further information:

Mark Woolfenden 
Managing Director 
Euromoney TRADEDATA
Tel.: +44-(0)1277-636-914
Email: mark.woolfenden@euromoneytradedata.com

Matthew Cheung
CEO 
ipushpull
Tel.: +44-(0)20-3808-4085 
Email: matthew.cheung@ipushpull.com

 

 

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British FinTech cracks China market reaching top 10 of CFETS Interbank FinTech Innovation Contest

fintech innovation

London, UK – 21st November: London-based FinTech ipushpull fends off fierce global competition to reach the final 10 companies in China set to present at the CFETS Interbank Fintech Innovation Contest in Shanghai.

Earlier this year ipushpull joined the Lord Mayor of London who led a FinTech delegation to China. As a result of the visit ipushpull has partnered with CFETS to deliver real-time trading and pricing information directly into the iDeal instant messenger and CFETS trading platforms.

Part of the Peoples Bank of China (PBOC), the China Foreign Exchange Trade System (CFETS) accounts for about 80% of the trading volume of China’s financial sector and supports 25,000 interbank members.

The CFETS FinTech contest attracted over 50 global and domestic participating teams who were selected to present to a full panel of industry experts and market leaders in China. The range of submissions included FinTech applications using AI, visualisation, cloud computing for workflow improvements and operational efficiencies, particularly targeting use cases surrounding interbank dealing. ipushpull made the final selection among the top 10 here.

Matthew Cheung, CEO of ipushpull, comments:

“ipushpull is honoured to represent Britain in the final selection of China’s Interbank Fintech Competition. We thank the Lord Mayor and the City of London Corporation for their help in opening up business in China through the UK-China FinTech Bridge.”

The Lord Mayor of London William Russell said:

“I’m delighted to see British FinTech ipushpull strengthening ties between London and Shanghai in the wake of my predecessor’s visit earlier this year. ipushpull is a fantastic example of British innovation at its best, and I’m confident the company will bring huge benefits to China’s interbank bond and FX markets.”

 

About ipushpull
ipushpull is a live data sharing and workflow automation platform improving efficiency for buyside and sellside by connecting data, applications and people in real time. The API-first platform allows data to be shared between any connected application while the no-code workflow builder and bot framework allows automation of capital markets high-touch processes. www.ipushpull.com.

 

About CFETS

Part of the Peoples Bank of China, The China Foreign Exchange Trade System (CFETS), also known as the National Interbank Funding Center, accounts for about 80% of the trading volume of China’s financial sector and supports 25,000 interbank members as well as Bond Connect, benchmarks such as Shibor and the RMB reference rate and accounts for most of the post-trade processing for derivatives in China. http://www.chinamoney.com.cn/english/

 

Contacts

Matthew Cheung, CEO

info@ipushpull.com

 

fintech innovation

 

 

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Euromoney TRADEDATA partners with UK fintech ipushpull to create on-demand ‘Data-as-a-Service’

on-demand Data

London, UK – 17th October 2019: Euromoney TRADEDATA is pleased to announce a strategic partnership with ipushpull, a powerful data sharing and workflow platform.

Euromoney TRADEDATA recognises that the on-demand model is the future of data consumption, particularly within community chat and messaging networks, as part of a suite of delivery systems required to service all parts of the market that need futures and options ref erence data.

Through a single connection to ipushpull Euromoney TRADEDATA can distribute data into a variety of applications including Symphony, the secure collaboration platform, with nearly half a million connected financial market users. The ipushpull platform provides Euromoney TRADEDATA with new distribution channels for secure, audited, access-controlled data delivery.

Mark Woolfenden, Managing Director of Euromoney TRADEDATA, comments:

“This is a very important integration for Euromoney TRADEDATA, as we begin to experiment with embedded, on-demand workflow functionality and delivery systems for our reference data. We recognise ipushpull as a leading exponent in data sharing workflow technology and we expect further benefits from their connections to other community messaging solutions. Also, as part of the offering, we can now offer a functionally rich Excel plugin for desktop users to access our reference data, which integrates seamlessly within users’ existing workflows. In addition, we look forward to working with ipushpull to develop a clutch of bots, to further enhance our customers’ experience in using our data services.”

Matthew Cheung, CEO of ipushpull, comments:

“We’re excited to offer Euromoney TRADEDATA new avenues to deliver and monetise their data to a variety of desktop and cloud services. We see this innovative approach as the first step towards an on-demand ‘Netflix’-style distribution model for data producers and consumers.”

 

About ipushpull
ipushpull is a live data sharing and workflow automation platform improving efficiency by connecting data, applications and people in real time. The API-first platform enables the access-controlled and audited distribution of live, streaming or static data between multiple client applications.

 

About Euromoney TRADEDATA

Euromoney TRADEDATA is an established and trusted reference data provider to the futures and options industry for over 20 years. The company works closely with its customer base to innovate, develop and implement enhanced customised reference data solutions and market data vendor symbology.

 

Contacts


ipushpull

Katya Mironova

info@ipushpull.com

 

Euromoney TRADEDATA

Rebecca Storrar

rebecca.storrar@euromoneytradedata.com

 

 

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NatWest Markets selects UK fintech ipushpull for sharing trade axes in real-time with the buy-side

Trade axes

London, UK – 1st October 2019: NatWest Markets is using ipushpull, a London-based fintech, to share trade axes in real-time with some of its largest buy-side clients. The ipushpull platform enables NatWest Markets to meet its clients’ needs through an interactive automated axe interface which supports customisation and filtering per counterparty. The platform also allows automation and delivery over multiple channels.

NatWest Markets chose the ipushpull platform because of the unique live data sharing and workflow automation capabilities that it provides.

ipushpull has over 20 integrations into applications and systems commonly used across capital markets. Initially, NatWest Markets will be using ipushpull’s Excel Add-in, Symphony App and APIs, and plans to use the ipushpull database loaders, FIX connectors and ChartIQ Finsemble integration in the near future.

Matthew Cheung, CEO of ipushpull, comments:

“NatWest Markets are a trailblazer in their adoption of new technology, from buying best-of-breed applications such as ipushpull to hosting data on the cloud. We’re excited to work with NatWest Markets and look forward to being a long-term strategic partner for both pre-trade and post-trade workflows across the bank.”

Matthew Harvey, Head of FI Client Execution Platforms and Digital Sales at NatWest Markets, comments:

“The ipushpull team has significant domain expertise in capital markets workflow and their technology is helping us to improve efficiency on our sales desk which will meet the evolving trading needs of our clients. ipushpull’s innovative live data sharing and workflow automation platform enables us to bring an idea to a production application within weeks.”

About ipushpull
ipushpull is a live data sharing and workflow automation platform improving efficiency by connecting data, applications and people in real time. The API-first platform allows data to be centralised, access-controlled, audited and tracked between any of its live, streaming or static data connections. For more information visit www.ipushpull.com.

About NatWest Markets

NatWest Markets helps global financial institutions and corporates manage their financial risks and achieve their short-and long-term financial goals while navigating changing markets and regulation. We do this by providing global market access, financing, risk management and trading solutions. We operate from trading hubs in London, Singapore and Stamford with sales offices across key locations in the UK, EU, US and Asia.

 

Contacts


ipushpull

Katya Mironova

Marketing Manager

katya.mironova@ipushpull.com

 

NatWest Markets

Amy Cayzer

Media Relations Manager

amy.cayzer@natwestmarkets.com

 

 

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ipushpull Hires ex-Vela Head of Sales Engineering as Head of Client Services

Head of Client Services

London, UK – 24th July 2019: ipushpull, the live data sharing and real-time workflow automation platform, are delighted to announce that Kevin Kirby has been appointed as Head of Client Services at the fast growing London based FinTech firm.

Kevin has recently joined ipushpull, adding his leadership as well as extensive knowledge in product, engineering and deployment gained from over 20 years of experience in financial markets technology.

Prior to joining ipushpull, Kevin was the Head of Sales Engineering at Vela, where he ran a global team, formerly Head of Futures Development at BGC Partners and Development Manager at Eccoware, the first commercial cross market arbitrage trading platform.

Kevin will be based in London and responsible for client services and customer success at ipushpull’s financial market enterprise customers.

Matthew Cheung, CEO of ipushpull, comments:

“I am delighted that Kevin has joined us. He brings immense expertise and intimate knowledge of financial institutions systems and technology that will help improve efficiency and speed of onboarding for our new and existing customers. His key role will be both customer and engineering focussed taking advantage of his extensive front to back knowledge of the financial market industry.”

 

About ipushpull
ipushpull is a cloud based real-time data sharing and workflow automation platform. Used across sell-side and buy-side, and front to back office, ipushpull improves workflow efficiency by allowing cross application secure, audited, access-controlled live data sharing, collaboration, and workflow automation. The API first platform handles static, live, and streaming data with APIs, integrations, and connectors into many data platforms and services. For more information visit www.ipushpull.com.

 

Contacts

ipushpull

Matthew Cheung / CEO / +44 (0) 20 3808 4805 /info@ipushpull.com