Emerging Technologies
Covid-19 Tumult Tests AI Fund Returns
Some machine learning strategies have coped well, but others began to struggle as panic mounted.
AI Poised to Transform Reconciliations
This research paper charts the progress of SmartStream AIR, from its inception around the start of 2018 to its launch, and focuses on the new ground it breaks in what is historically a complex, expensive and invariably laborious process within large…
Tellimer Group Launches New Insights Platform
The platform will use natural language processing to deliver curated research from analysts covering emerging markets.
People Moves: IBM Cloud, CoinShares & Seaborn Networks
This week's key people moves include former BofA CTO Howard Boville (pictured), who joins IBM Cloud as senior vice president.
Morgan Stanley’s AlphaWise Uses Alt Data to Track Coronavirus
The bank’s research business is using artificial intelligence, traditional consumer surveys, and visualization techniques to monitor the impact of Covid-19.
State Street Incorporates Charles River into Outsourced Trading Service
State Street will also integrate BestX equity TCA into its outsourced trading desk.
Of Rough Seas and Sailors
Never before have tech, ops and data professionals been so important. While these are difficult times, it's also their moment to shine.
ChartIQ Connects to the Bloomberg Terminal Connect API
The integration will allow for efficiency gains and risk reduction for users of the Finsemble app interoperability platform and the Terminal.
Ping An: NLP Takes on Greater Importance in Turbulent Times
The firm's chief scientist discusses how NLP is being used to prevent the spread of the coronavirus and how it can be applied for financial services.
STAC Preps Benchmark Expansion to AI, Analytics
By benchmarking the performance of AI systems, STAC will help firms identify best-of-breed components for creating platforms with the best overall performance.
Former HSBC Transformation Head: Weathering the Crisis as a Start-Up
This is a difficult time for most businesses, but start-ups are particularly vulnerable as they struggle to manage cash flow.
People Moves: AWS, DTCC, Refinitiv, CloudMargin and More
A look at some of the key recent 'people moves', including Adam Honore (pictured) who joins Amazon Web Services from CME Group.
Covid Drags NYSE Into the 21st Century
The coronavirus has achieved what decades of competition and automation could not, and has halted trading on the NYSE floor. With no end in sight to the spread of the virus, and with technology now running the show, Max asks whether the floor is likely…
Gresham Technologies Looks to Asia for Growth
The fintech company, which provides recon, onboarding, compliance, risk, and data services, is also looking to expand its alternatives coverage in the US.
The Business Case for Overhauling the Back Office
There is little doubt regarding the extent to which the financial services industry has been shaped by regulation in the wake of the global financial crisis more than a decade ago. And while those amendments have largely been successful, they have…
In Expansion Beyond HFT, FPGAs Eye AI
After a decade of supercharging low-latency applications, Wei-Shen Wong explores how FPGAs are pushing into new areas of the capital markets, driven by interest in AI & ML.
Former AppsBroker Exec Sets Up Cloud Data Consultancy
GreenBirch will focus on helping financial firms explore ways to adopt cloud technologies, starting with time-series data management and commercializing internal datasets.
People Moves: FINRA, Tassat, Eventus Systems, Willis Re and Big XYT
A look at some of the key 'people moves' from this week including Greg Ruppert (pictured) who joins Finra as executive vice president.
Trading Venues Aim to Unlock Value of Green Bonds
Tech providers are looking for ways to increase liquidity in climate bonds, a tiny but fast-growing corner of the fixed-income universe.
Thasos Group Assets Acquired By Market Service Inc.
The location data specialist has been sold after falling upon rough times last year.
On the Rise of SaaS, Cloud & Chaos: BCP in an Unknown World
It’s business as usual—except when it’s not. Traders, investment bankers, asset managers, and the vendors who serve them will operate using their business continuity plans indefinitely. Tech innovations over the last decade have made these plans better,…
Ex-Hedge Fund Data Exec Sets Up Alt Data Advisory Firm
Petrescu is already working with a handful of new and established data providers on product development and strategy for financial markets.
People Moves: Euronext, RJO, CloudMargin, And More
A look at some of the key people moves from this week, including Georges Lauchard, new chief operating officer at Euronext (pictured).
Weighing the Benefits: Hardware Vs Software
In the pursuit of new ways to eliminate latency from the market data distribution and trading processes, vendors have invested in hardware-acceleration technologies, such as FPGAs. But with commodity chips now giving specialist hardware a run for its…