Monitoring
Four years of academic study on HFT yields complicated results
A transatlantic group of researchers has examined a treasure trove of market data to see whether or not high-frequency trading is a necessary component of today’s market structure. The answer is largely ‘yes,’ but with caveats.
Video surveillance data: Useful or not?
While some technology vendors say video communication surveillance can help monitor serious compliance breaches, others see such data as a source of additional contextual information.
Fed could require senior management to explain AI models
A new era of accountability might see the Federal Reserve demand model explainability to keep financial system safe.
Crunch Time for Covid-Era Tech
Covid culture is set to continue this year, as are the associated changes to working practices in the financial markets and the technologies that support them. Max wonders what the new ‘virtual’ reality will look like in 2021 and beyond.
Capital Markets Face Learning Curve with Container Tech
Technology vendors have begun adopting Kubernetes and Docker to speed up application development and deployment at banks, but rethinking old ways will not be easy.
Bloomberg Enlists NLG to Write News Summaries
The data provider is using natural language generation to summarize news articles and write automated stories.
AML Platforms ‘Are Just Not Working’—Is Human Error or Tech the Culprit?
Technologies meant to detect and stop financial crime may add more headaches than they relieve. Others say that the best tech can't overcome how bankers use these tools. The AML dilemma likely falls somewhere in the middle.
This Week: RepRisk/JP Morgan; TP Icap; Moody’s/MioTech; FTSE Russell; SimCorp & More
A summary of some of the past week’s financial technology news.
MackeyRMS Launches ESG Scorecard
Ratings toolkit includes features to help investment teams grade securities and funds to meet sustainability mandates.
Banking Experts: Tech Isn't the Whole Solution to Financial Crime
The industry and researchers are challenging the touting of privacy-enhancing technologies as a cure-all for KYC/AML failures, and advocating systemic reform.
How Schroders is Bypassing the Noise in News Sentiment to Identify Credit Risk
The UK asset manager is using Owlin's media analytics platform to identify negative news sentiment linked to credit risk.
Covid Could Cause US Regulators to Rethink Surveillance
Not having specific requirements and procedures for firms to refer to ended up putting some funds in a tough place during the pandemic’s early days.
UBS Evidence Lab Uses Hospital Data to Profile Regional Recoveries
The unit is combining foot-traffic data and proprietary datasets derived from hospitals to develop a better understanding of outbreaks and predict a timeline for recovery.
Silent Eight Preps Transaction Monitoring Tool
The firm is testing the tool with a few clients before making it available to a broader audience.
Citycom Employs Facial, Object Recognition for Covid Remote Working Security Checks
The new solution can give firms insight into the activities, performance, and health of employees working from home during the Covid-19 outbreak, to monitor for potential risk factors and security breaches.
Trading Venues Face Resilience Test in Covid-19 Pandemic
Software testing and monitoring keeps market infrastructure a step ahead amid market volatility.
Covid-19: A New Era for Trade Surveillance
As the boundaries between work and home blur, monitoring and privacy may be at odds.
This Week: S&P Global/Intapp/DealCloud; Rimes; Stifel/Nasdaq & More
A summary of some of the past week's financial technology news.
Don't Cut Alt Data Spend, HSBC Data Manager Warns
Slashing budgets will lead to inaccuracies as banks turn to alt data for fraud detection and to monitor customer behavior during the coronavirus crisis.
This Week: MEMX, Bloomberg, Finos, BNY Mellon, IHS Markit & More
Highlights from the past week's financial technology news.
Communications Compliance in the Age of Coronavirus
Recent technological advances have enabled the work-from-home movement to keep the capital markets running relatively smoothly. But in the rush to empty trading floors, Max warns that firms may have overlooked some key compliance loopholes for which…
This Week: Nasdaq, Trading Technologies/Nodal, Finantix, GLMX/UnaVista
A summary of some of the past week’s financial technology news.
Velocimetrics Looks to Add Functionality to Performance Analysis Solution
Network traffic capture and analytics integration to allow traders to have a forensic record of transaction lifecycles and do real-time monitoring.
Dun & Bradstreet To Introduce Cyber Risk Solutions in 2020
In addition to expanding into cyber risk, the company plans to enhance its focus on ESG and ultimate beneficial ownership (UBO) data.