ASX DataSphere opens up to third parties looking to solve their data challenges

Maria Nikolova

The platform, which has markedly expanded its ASX datasets since launching last year, now includes datasets from third parties.

ASX’s data science platform, ASX DataSphere, is now open for third parties looking to partner with ASX to help solve their data challenges.

David Raper, ASX’s Executive General Manager Trading Services, explained that the platform has significantly expanded its ASX datasets since launching last year, and now includes datasets from third parties.

“We’re opening up new and unique datasets. Our growing catalogue of ASX and non-ASX datasets span fixed income, interest rate, derivatives, equities, and benchmarks. We’re already working with customers to build data products within the fixed income space. We’re also making historical versions of ASX’s market data and ReferencePoint products available,” Mr Raper said.

ASX DataSphere can be used by customers to get more value from their own data:

  • Data-as-a-service – data can be organised and governed for personal use, or for analytics alongside other data in a DataSphere workspace.
  • Data commercialisation – optimise data for sale or rent through DataSphere, or license it for use on products built in DataSphere, then share in the value it generates.
  • Data collaboration – enhance data value by pooling it with datasets from ASX and others, for deeper insights and richer products.

The platform offers partners a choice of two workspaces. Both provide a secure, scalable platform for data exploration and product development, as well as analytical tools and curated datasets based on each customer’s requirements.

Business workspaces are designed for business users and provide the ability for users to analyse datasets through visualisations and spreadsheets. Private data can also be loaded.

Data science workspaces are designed for data scientists and developers. They provide users the ability to access popular analytical tools and programming languages, and enable users to collaborate on product development.

“ASX selected market-leading partners including TIBCO, Cloudera, Talend and Virtustream, to bring together the infrastructure, data governance and distribution to offer a robust system using the best in class technology”, Mr Raper said.

Read this next

Institutional FX

Euronext reports double-digit growth in FX volume

Pan-European exchange, Euronext has reported a 10 percent rebound in the average daily volume on its spot foreign exchange market. The ADV figure stood at $19.6 billion in January 2022, which is up from December’s $18 billion.

Digital Assets

Voyager subpoenas FTX’s inner circle over Alameda loan

Bankrupt crypto broker Voyager Digital, represented by law firm Kirkland & Ellis, is seeking court approval to subpoena Sam Bankman-Fried’s inner circle, as well as Alameda Research’s former executives.

Retail FX

AvaTrade seals sponsorship deal with F1’s Aston Martin team

Dublin-based forex broker AvaTrade today announced that it has concluded a sponsorship deal with Formula One’s Aston Martin Cognizant team that entails sponsorship rights and other marketing benefits.

Executive Moves

M4Markets onboards Invaxa CEO Marios Antoniou as COO

Seychelles-regulated brokerage firm M4Markets has appointed Marios Antoniou, who has a colorful career within the foreign exchange industry, in the capacity of its Chief Operations Officer.

Digital Assets

GK8 now allows clients to control their digital assets as they would their fiat

“As the institutional market is increasingly turning to self custody, our policy engine empowers them to automate transactions, approvals, and even crucial workflows, while providing the highest degree of security, consistency, governance and control.”

Digital Assets

Retail CBDCs in the UK: “Welcomed” by CryptoUK and R3, but “Dystopian” for ETC Group

“At this stage, we judge it likely that the digital pound will be needed in the future. It is too early to decide whether to introduce the digital pound, but we are convinced preparatory work is justified”, said the BoE and HM Treasury.

Institutional FX

Centroid taps Iress API to provide retail brokers with real-time market data

“It has always been a challenge to have an efficient, elegant solution for market data and order execution for retail brokers, but with Iress we have found absolutely the right partner to add to our client offering.”

Digital Assets

Ramp launches FCA-approved off-ramp product, onboards Brave, Trust Wallet, Ledger

“To obtain and maintain our FCA registration, we must meet and operate within their strict anti-money laundering and counter-terrorist financing standards. This is a huge achievement for us, as compliance is a cornerstone of our business and what we stand for.”

Institutional FX

State Street launches FIX API for Fund Connect ETF platform

“Expanding from proprietary APIs to the FIX industry standard will bring us closer to our goal of 100% digital interactions. This is another example of innovations we’ve brought to our operating model as we celebrate 30 years of servicing ETFs since the launch of SPY.”

<