Emerging Technologies
Lack of ESMA Data Fuels Energy Firms’ MiFID Woes
Stella Farrington reports on how a hold-up in data from ESMA is causing havoc for commodity firms that need to perform tests to determine whether they fall under the scope of MiFID II.
Former Goldman Co-Head of Tech, Paul Walker, Joins OpenFin’s Board
Walker was at Goldman Sachs for 15 years before retiring last year.
AI and Alternative Data: A Burgeoning Arms Race
By some estimates, investment in alternative datasets will exceed $7 billion by 2020. At the same time, machine learning and other AI techniques are evolving at a rapid pace. The combination of the two will be significant.
Curium Taps ICC for North America Implementations
The partnership will enable London-based Curium to grow while maintaining its focus on support.
Donnelly Financial, ICE Data Services Ally for Fund Filing Tool
ICE Data Services' reference data, taxonomies and evaluated prices will be key to fund firms correctly filing N-Port forms under next year's regulation.
June 2017: Silver Lining in a Perfect Storm
Max says firms can find opportunities in the data challenges presented by regulation.
Finastra Gives Clients Access to UnaVista ARM Via LSE RegTech Program
Finastra is the twentieth vendor to join the program since its inception in February.
UPDATE: Cloud Network Operator GTT Buys Perseus for $37.5 Million
The deal, completed last week, sees GTT aquire Perseus and its ultra-low-latency international data and trading infrastructure.
R3 Supports Isda for Blockchain Standards Work
Blockchain consortium will work with trade body for common standards on smart contracts and distributed-ledger development
Waters Wavelength Podcast Episode 74: The Regtech Craze & Clearing Concerns
Anthony and James look at why London clearinghouses may be in danger and the use of cognitive tools to monitor employees.
Investment Firm Exotix Hires Ex-Roubini CEO to Lead New Research, Analytics and Data Division
Standalone RAD unit will help European clients prepare for MiFID II by unbundling research from investment banking operations
Red Deer, TheySay Partner for 'Deep Text Analytics'
Red Deer will leverage TheySay’s NLP technology to help buy-side clients extract investment signals from swathes of Big Data.
IBM Watson, Euro Clearing and Finastra: A Week in Review
John reviews some of last week’s top sell-side stories, including the European Commission’s proposals for new rules on the supervision of non-EU CCPs.
Private Equity Firm Warburg Pincus Completes Stake Acquisition in Avaloq
The acquisition by Warburg Pincus aims to accelerate Avaloq’s long-term growth and value creation strategy.
Misys, D+H Complete Merger to Launch Finastra
Former Misys CEO Nadeem Syed to take the helm of the newly-minted software vendor following the completion of the merger between Misys and D+H.
IBM Takes Aim at Regtech Space Using Cognitive Technology
IBM marks its first major product launch in the financial services regulatory space with the roll-out of new cognitive solutions educated by Promontory professionals.
Tech Challenges Loom as Europe Eyes London’s Clearinghouses
New EU rules suggest London-based clearinghouses may be forced to relocate to the eurozone.
Net Vet Cubbon Saddles Up at Colt
Cubbon brings a career of networking technology experience, including at other financial extranet providers.
Boylan Leaves Goldman Sachs for Biz Dev Role at Dash Financial
Bob Boylan joins Dash Financial from Goldman Sachs, where he most recently led the bank's electronic trading hedge fund sales team, following several years as head of its broker-dealer and international electronic institutional sales group.
Sentieo Snares Carreras, Gore to Drive Data Desktop
The pair will contribute to creating new views of Sentieo's data, and to demonstrating its value to clients.
Former Omgeo, DTCC Data Head Arthus Gets New DTCC Role
Arthus has spent a dozen years at DTCC and Omgeo, following a 25-year technology career at JP Morgan.
Davie Returns to LCH in Rates Role
Former COO returns to clearinghouse to head up rates, compression and uncleared derivatives projects.
Blockchain Standards Will Bring Widespread Adoption Among Capital Markets Firms
The technology will benefit industry participants the most as a record-keeping network, according to panelists at the recent Sifma Fintech Conference in New York.
LiquidityBook Installs Thompson to Drive Euro Growth
New York-based LiquidityBook has appointed Nicholas Thompson as manager of its Client Services operations for EMEA, as the firm sees increased demand for its POEMS offering in the region.