Emerging Technologies
This Week: Jyske Capital/SimCorp; Vestrata; NICE Actimize/FACEPOINT; Anna/Gleif; SS&C, ING, and more
A summary of some of the past week's financial technology news.
Wavelength Podcast Ep. 223: IBM’s Likhit Wagle on Cloud Adoption
IBM’s general manager of global banking joins to talk about challenges and opportunities surrounding public cloud adoption and containerization.
SS&C Advent Looks to the Cloud for Future Tech Deployments
After the rollout of its Genesis platform, SS&C Advent is now thinking about how it can transition platforms like Geneva, Moxy, and APX to the cloud, though it’s a long-term project.
MarketAxess Eyes Predictive Capabilities for Fixed Income Liquidity
The trading platform is working to develop its pre-trade automation capabilities to predict a bond’s likelihood of execution, and helping buy-side clients navigate fixed income trading protocols.
A Fireside Chat with RIMES Technologies' Andrew Barnett
Victor Anderson chats to RIMES Technologies' Andrew Barnett about the firm's Covid experience, EQT's investment in the business, and what's on RIMES' radar for 2021.
ICE ‘Bonds’ Acquisitions into Fixed-Income Powerhouse
In this profile of the Intercontinental Exchange, Lynn Martin explains how the company’s ICE Data Services unit is creating a unified offering with fixed income data at its core, after a series of acquisitions that began with its purchase of IDC in 2015.
Machine Learning will Create New Sales Bots on Trading Desks
Technologists are working to automate indications of interest from trading desks, according to UBS’s head of machine learning.
Case Studies: Two Hedge Funds Incorporate Behavioral Analytics to Optimize Performance
Regardless of fund type, portfolio managers can analyze their trade data and behavior to make improvements, according to Essentia Analytics’ CEO.
People Moves: LSEG, IHS Markit, BNP Paribas, Facteus, Tourmaline, RIMES, ISITC, IQ-EQ
A look at some of the key "people moves" from this week, including Julia Hoggett (pictured) who has been appointed CEO at London Stock Exchange.
Waters Wrap: Best-of-Breed or One-Stop-Shop, That is the Question (And NLG Thoughts)
RBC is building a new custody platform using a variety of vendors, and it shows how the interoperability movement is progressing. But Anthony wonders how interop will continue to evolve at a time of great consolidation.
This Week: Janus/SS&C; Wolters Kluwer; Tora/Neptune; Standard Chartered/Northern Trust; SimCorp; & More
A summary of some of the past week's financial technology news.
RBC Taps Salesforce and Others for Broker, Wealth Custody Platform
The full platform, leveraging an open API architecture and multiple third-party providers, will enter beta testing in early 2021.
Wavelength Podcast Ep. 222: Grasshopper’s John Lin on Using Tech for Good
Lin, the founder of a Singaporean HFT firm, joins to talk about why banks struggle with innovation, and how he wants to use tech for altruistic purposes.
Making remote working a success—The effect of the past seven months on the financial services industry
This webinar explores how industry professionals are optimising business technology in a remote working environment, and what new tools and apps have proven to be effective
Point Break: How Vendors Push Their Products to the Limit
Vendors don’t release new products or updates without putting their software through rigorous testing. What does that testing involve, and what different approaches do companies employ? Max Bowie finds out.
At the ‘Fringes of Realism’: Agent-Based Models Take Hold Among Quants
Agent-based modeling has taken root seemingly everywhere throughout the last decade, from theoretical physics, to military operations, to public health, to ride-sharing apps like Uber, and to a much lesser extent, finance. However, a year such as 2020…
Startup Hedge Fund Turns to Quantamental Analysis for ESG Products
Boston-based Changebridge Capital is using a hybrid approach to find investment opportunities in misunderstood small- and mid-cap companies.
The Pulse of the Industry
The survey reveals that capital markets firms are focused on optimizing the benefits arising from the explosion of data and new technologies that have the potential to transform businesses. Data consumption continues to evolve and increase. Market…
S&P-Markit: It’s Not Over Yet
S&P and IHS Markit may have agreed to their takeover deal, but there may yet be some surprises before the deal actually closes. Max ponders what might lie in store for the companies over the next six months.
Regulation Won’t Address Market Data Costs
Market participants say Esma’s latest efforts to address the cost and complexity of market data fees don’t address the root of the problem.
Waters Wrap: S&P-IHS Markit and the Land of Giants (Also, More on AML Tech)
Anthony provides some of his initial questions and thoughts following the S&P-IHS Markit deal. He also takes a second look at AML technology after getting some sage feedback.
‘Massive Land Grab’: S&P’s IHS Markit Buy Creates Data Juggernaut, But Users Fear Price Hikes
The deal reflects the broader trend of market participants pursuing scale to create true front-to-back trading and data environments, which may signal a trading platform acquisition in the future—though the IHS Markit acquisition may face regulatory…
Wavelength Podcast Ep. 221: Tech Execs Discuss Innovation in 2020
JP Morgan Chase's head of AI technology and Deutsche Bank's head of innovation for the Americas at Deutsche Bank join to talk about AI, cloud, and more.
Natural Language Generation: Great Promise, Significant Barriers
Sell-side firms and data providers are increasingly experimenting with natural-language generation to create new forms of automatically curated reports, emails and alerts, but the technique comes with significant challenges.