News
JP Morgan AM develops AI quant tool that uses mind maps to build thematic funds
ThemeBot uses textual relevance and revenue attribution to construct a list of stocks, which is then verified by JPMAM’s active equity analysts.
People Moves: Carmignac, Broadridge, Wall Street Horizon, ACA Compliance, Baton Systems & more
A look at some of the key "people moves" from this week, including Abdellah Bouziane (pictured) who has been appointed global head of compliance at Carmignac.
Data providers target data deficiencies in muni bonds market
Companies like Ice are looking at ways to help municipal bond investors gain transparency into a historically opaque market.
This Week: Refinitiv ESG; Nikko/GoldenSource; Causality Link/Eagle Alpha; Crux & more
A summary of some of the past week's financial technology news.
GreenKey aims to productize new research chatbot after winning Symphony hackathon
The company is consulting with buy-side and sell-side clients on how its newly developed GK Research Bot can best solve their research and information overload woes.
BlackRock looks to predictive ESG data, rather than point-in-time
Mary-Catherine Lader says that the asset manager is building out new modeling tools to help users better understand how the decisions a company makes today can affect their performance in the future.
People Moves: Nasdaq, Santander, Barings, S4, Capco, BTIG
A look at some of the key "people moves" from this week, including Jeremy Skule (pictured) who has been appointed chief strategy officer at Nasdaq.
This Week: SmartStream, BSO/Oracle, Gleif, BMLL, Genesis/XP Investimentos
A summary of some of the past week's financial technology news.
State Street focuses on 6 data vendors for ESG analysis
State Street’s Chris Berry explains how the asset servicer winnowed 60 ESG data providers down to six, and why this strategy has proved to be effective.
Pictet Asset Management enlists Finsemble to overhaul fixed-income, FX workflows
The Swiss bank’s asset management division has been working with Cosaic for a bit over a year, and has used Finsemble to automate heavy workflows in FX pricing, money market yields, and credit.
LME overhauls tech, data stack amid calls for trading floor closure
The London-based commodities exchange has embarked on an ambitious technology and data infrastructure modernization strategy as it takes steps to close its open-outcry floor.
HKEX targets company disclosure gaps with artificial intelligence
The system monitors annual reports for issuer compliance with listing rules, speeding up a formerly manual job.
Goldman taps alt data for economic forecasts during pandemic
Economists at the bank leveraged a combination of public and third-party data to make conclusions about the future during uncertain times.
People Moves: MarketAxess, SimCorp, Shoreline, Sova Capital, Nutanix, RIMES, Capco, LiquidShare
A look at some of the key "people moves" from this week, including Raj Paranandi (pictured), who has been appointed COO EMEA/APAC at MarketAxess.
This Week: CME/IHS, Nasdaq, Snowflake/Clearwater, Bloomberg/Rockefeller, FlexTrade
A look at some of the past week’s financial technology news.
US pension fund teams up with academics to cut through ESG fog
Pension Reserves Investment Management and MIT’s business school are looking to improve ESG data and to reflect all investors’ views.
S&P/IHS Markit: OPIS Faces Spin-Off; Cappitech Beefs Up Regtech Frontline
Commonalities between the two firms' commodities pricing units bring them under regulatory scrutiny as they move closer to an acquisition deal. At the same time, it appears that IHS will lean into the regulatory reporting space.
Covid Re-Exposed Bond Market’s Liquidity Problems—Is Change Finally Here?
Three fixed-income experts look back on the bond market’s liquidity crisis spurred by the pandemic’s early days, and ponder where regulation and data-quality efforts might next lead the space.
OpenFin Builds Out Notification Center
The desktop interoperability provider will continue building other 'standard' desktop components.
FactSet, Snowflake Take Aim at Financial Data Mapping Challenges
FactSet’s mapping service, Concordance, can be used on its own or with Snowflake’s cloud, enabling users to apply the offering to other datasets in Snowflake’s ecosystem.
People Moves: IBM, BNY Mellon, Capco, Volante Technologies
A look at some of the key "people moves" from this week, including Gary D.Cohn (pictured), who has been appointed vice chairman at IBM.
This Week: Pimco/Man Group, Microsoft & Others, Cboe, Trumid/Goldman Sachs, Fenergo, & More
A look at some of the past week’s financial technology news.
Cohesion on ESG Standards Still Elusive, Despite Biden Win
While many expect the president-elect to take a bullish stance on environmental issues, it's unclear what a new dispensation can do for the dilemmas around ESG standards.
What You Might’ve Missed These Last Two Weeks
A rundown of the stories that were published on WatersTechnology from Dec. 18-Jan. 1.