Emerging Technologies
People Moves: MarketAxess, Trading Technologies, DTCC & More
A look at some of the key "people moves" over the last week, including Ryan Gwin (pictured), who joins MarketAxess.
SimCorp Builds Out Real Estate Offering for Alternatives
The vendor is also experimenting with machine learning to help the buy-side sift through the vast amount of unstructured alternatives investment data.
Confluence & StatPro: A Sign of the Buy-Side Times
Confluence has a big job ahead integrating StatPro’s various analytics tools.
Confluence Buys StatPro
For £161.1 million, Confluence has purchased StatPro. Both companies stand to gain more global clients, and users can expect new products meant to alleviate pain points felt by the buy side.
AI in the Cloud: How the Two are Making for a Perfect Match
As more financial institutions are starting to expand their usage of AI, they are turning to the cloud to help scale up. However, there are things to consider before doing so. Wei-Shen Wong examines.
Linedata to Tap Machine Learning for System Fragmentation Monitoring
The company plans to test machine-learning models in the coming months to automatically fix IT system fragmentation.
Lawyer: Don’t Punish the Programmers
Smart contract developers should not be responsible for violations of regulation perpetrated on the blockchain, says Katten special counsel.
People Moves: LSEG, SS&C Eze, IHS Markit, T-Rex, Tier1
A look at some of the key "people moves" from the last week.
Brokers Tackle Pro v. Non-Pro Data Cost & Compliance Challenges
Max Bowie digs deep into how firms are making sure they classify data consumers correctly to avoid paying unnecessary fees.
Deepfakes Will Create Unknown Headaches for Wall Street
Anthony wonders whether capital markets firms are ready for the advent of deepfakes and how that relates to KYC issues.
Wavelength Podcast Ep. 172: Buy-Side Trading & Automation
Jonathan Clark and David Hagen of Luminex join to discuss how the buy side is responding to an increasingly-automated trading environment.
TechHub: SmartStream Technologies
In under two decades, SmartStream has evolved from a startup to a back-office giant with large buy-side and sell-side clienteles, thanks largely to its flagship TLM Reconciliations platform.
Commerzbank Pilots DLT Prototypes
The bank's R&D arm, Main Incubator, has piloted blockchain projects, including settlement of commercial paper in T+0.
People Moves: Calastone, MarketAxess, Lime, Azul Systems
A look at the some of the week's key people moves, including Steve Wilcockson (pictured), who joins Azul Systems.
MarkitSERV Delays Credit Rollout for TradeServ Platform
The vendor is live with FX NDFs on the new cloud-based platform, but credit has been pushed to 2020 earliest.
New Data Needs Lead to New Data Jobs
The increasing importance of data is introducing new roles to the financial sector. Wei-Shen looks to the future.
As ESG Strategies Evolve, New Questions Are Raised
Jo says there are some basic standards that must be finalized before socially responsible investing takes off.
People Moves: Refinitiv, Apex, Connamara Systems, Ascertia
A look at some of the key "people moves" over the past week, including Renaud Oury (pictured), who joins Apex.
Northern Trust Launches North American Outsourced Trading Desk
Northern Trust is doubling down on outsourced trading as asset managers face more margin pressures.
Alt Data’s Mid-Life Crisis
Alternative data is maturing. But with its growth spurt comes growing pains—just ask Thasos Group. And though the market is still in its adolescence, it’s starting to face some grownup challenges.
A Look Inside UBS's Quantitative Evidence & Data Science Team
Led by Bryan Cross (pictured), the asset manager's QED team aims to blend quant and fundamental to find unique solutions to new problems.
Bureau Van Dijk Rebuilds Risk Management Platform
Bureau Van Dijk's Compliance Catalyst has been rebuilt ahead of plans to move the platform to the cloud, as well as navigate the EU's fifth anti-money laundering directive.
SimCorp to Allow Buy-Side Clients Plug-and-Play Access to Start-Ups
The Danish vendor is looking to partner with fintechs to allow for buy-side firms to benefit from minimal integrations and to reduce contractual barriers.