Emerging Technologies
'Data Mining is Bullsh*t' — An Examination
With the growth of alternative data in the capital markets, firms are struggling to find value, and are disillusioned by the loss of time, human capital, and money. Goldman Sachs’ Matthew Rothman believes this has created a situation where vendors and…
People Moves: Ultumus, Liquidnet, OpenDoor, MIX, Deutsche Börse
A look at some of the key "people moves" from this week, including Fe Zamora who joins Ultumus to run their new US office.
Thinknum Seeks to Grow Alt Data ‘Community’
The vendor has created a group with about 1,000 members. Its next live meeting will be March 10.
This Week: BNY Mellon; Amazon/Digital Asset; TP ICAP; Hazeltree; SimCorp & More
A summary of some of the past week's financial technology news.
Game On: Can the Video Game Industry Teach Banks Something About Visualization?
Capital markets firms are continually looking for new ways to package and visualize a rising tide of information. It turns out there’s another industry looking to handle the same challenge—the video game industry.
BondCliQ 9 Dealers Away From Operating Full-Scale SIP for Bonds
Tier-1 corporate bond dealers are still holding out from contributing their quote and pricing data to the two-year-old platform.
Ion’s Broadway Deal Leaves Banks in a Bind
Barclays and Nomura among banks that had moved from Ion to rival it now controls.
People Moves: FTSE Russell, UKGI, Clearwater, Cloud9, LDX
A look at some of the key People Moves from this week.
FactSet Eyes Real Estate as Next Sector of Focus
The vendor is looking to expand its real-estate offering, which could include a future acquisition or alliance.
This Week: MEMX; Paxos/Credit Suisse/Instinet; Blue River; CJC/TREP & More
A summary of some of the past week's financial technology news.
Knoema Pushes Into Alt Data With Adaptive Management Buy
The pairing presents an opportunity for alt data vendors to garner more exposure.
Fuzzy Data Stalls ESG Alpha Hunt
Quants searching for ESG signals have reached very different conclusions. Mostly they blame the data.
The Retraining Conundrum: How Best to Transform a Workforce?
Professor Jay Finkelman says that the most successful firms take a three-pronged approach to workplace transformation.
Tier1 Partners with OpenFin to Improve CRM Experience
The pairing will enable Tier1 to run its offering on the OpenFin OS and connect with other OpenFin partners.
Hedge Funds Use Shopping Center Cameras in Hunt for Alpha
Buy-side firms in search of alternative insights to drive returns are turning to sentiment analysis to fine-tune their strategies.
People Moves: Transcend, Tourmaline Partners, Vela, TickTrade and Citco
A look at the key people moves from this week.
IVP Aims to Bring Most Applications to the Cloud This Year
It has already moved seven of its 16 offerings to the cloud.
TP Icap Eyes Cloud, More Tech Partners to Reach New Data Clients
The broker is looking to expand its data delivery options to reach potential clients who don't have access to traditional channels.
LEI on the Edge: What Needs to Happen for Wider Adoption?
The financial industry is losing faith in the LEI initiative as regulatory mandates remain patchy, but some see hope in SFTR’s unique-issuer LEI. By Mariella Reason
Fenergo Taps ABN Amro, DXC for $80 Million M&A War Chest
The Dublin-based company sells 10% stake to fund further regtech acquisitions.
HSBC Trials Bot-to-Bot Interactions With Other Symphony Users
The bank's securities services arm increased efficiency with chatbots, and is now having interactions with clients—without human involvement.
TRG Screen Buys Partner MDI to Boost Managed Data Services
The deal will allow MDI to provide other TRG offerings as fully managed services, and to benefit from being part of a larger company.
Man and Machine Need Each Other – Systematica CEO
“The errors made by humans and robots are different,” says Leda Braga
People Moves: Archax, Broadridge, FCA, Qontigo, and TruNarrative
A look at some of the key "people moves" from the past week.