News
UBS AM’s Quant & Data Science Unit Looks to Blend Human & Machine in 2021
The QED team within the asset manager is aligning its focus next year to deliver a holistic AI platform to its investment professionals—including a recommendation engine.
TradingHub Looks to Analyze Aggregated Client Data to Improve Market Abuse Risk
The service would aim to allow buy-side firms to proactively monitor for trading abuse, rather than react after the event.
People Moves: MackeyRMS, BCS Global Markets, SIPs
A look at some of the key people moves from this week, including Sheryl Hawk (pictured), who has been appointed vice president of customer success at MackeyRMS.
IBM Bets on Cloud & Containerization to Win Over Investment Banks
After its acquisitions of Red Hat and Promontory, IBM is looking to expand its footprint in the capital markets through containerization, as well as reg reporting in the cloud.
Aquis Slashes 'Jitter' in Cloud Project
In a recent proof-of-concept with AWS and SGX, Aquis demonstrated significant jitter reduction.
Nasdaq Looks to Contextualize ESG Ratings
The exchange's ESG Footprint converts ESG data into everyday metrics to show investors the impact of their portfolios.
People Moves: Liquidnet, Quandl, State Street, CloudMargin, Greenwich Associates, Mediant, GLMX
A look at some of the key people moves from this week, including Steven Nichols (pictured) who has been appointed head of NLP and unstructured data at Liquidnet.
Fitch Solutions Revamps FitchConnect Using Micro-Frontend Technology
The use of agile development techniques and adoption of micro-frontend technology has yielded significant improvements in development productivity, officials say.
This Week: BNP Paribas; Deutsche Börse/ISS; Nasdaq/Verafin; Tora/TP Icap; Gresham/Data-Xchange
A summary of some of the past week’s financial technology news.
Fidelity Quietly Shutters ActionsXchange; Low Margins of Corporate Actions Biz Blamed
Officials remain silent on the closure, which has been in the works since last year, sources say.
AML Platforms ‘Are Just Not Working’—Is Human Error or Tech the Culprit?
Technologies meant to detect and stop financial crime may add more headaches than they relieve. Others say that the best tech can't overcome how bankers use these tools. The AML dilemma likely falls somewhere in the middle.
Northern Trust Turns to DLT for the Future
Distributed-ledger technology will help ensure asset safety and allow custodians to provide more value to clients using AI and analytics.
IHS Markit Adds Tool to SFTR Platform to Catch Missing LEIs
The data provider's SFTR offering provides opt-in features to minimize LEI-related errors in collateral messages.
Wells Fargo’s Head of Quant Strategy Explains HPR Deployment
Wells Fargo’s Quantitative Prime Services division has tapped HPR’s Unimus platform, starting with its market access gateway and risk management tool.
This Week: RepRisk/JP Morgan; TP Icap; Moody’s/MioTech; FTSE Russell; SimCorp & More
A summary of some of the past week’s financial technology news.
Synechron Develops Differential Privacy Tech to Leverage Internal Data
The solutions are designed to allow firms to query data and build models more effectively without breaching global privacy rules.
Ion-Broadway Merger Approved with Strings Attached
Broadway chief executive Tyler Moeller leads a consortium to buy the divested fixed-income business.
Banks Explore Graph Technology to Tackle Data Complexity for Compliance
Although graph technology is still in the early stages of adoption, banks such as Wells Fargo and ING have begun leveraging it to find previously unknown connections between datasets.
Crux Extends Google Cloud Partnership with Data Catalog Integration
After partnering with GCP last year, the data delivery vendor is working on its most in-depth integration thus far.
New DTCC Consulting Unit Embarks on First Project
The market infrastructure firm founded a new advisory service last month, which has begun its first client engagement to evaluate regulatory reporting.
People Moves: BNY Mellon, big xyt, Temenos, SEC, Gresham, First Derivatives
A look at some of the key "people moves" from this week, including Fangfang Chen as (pictured), who has been appointed Asia Pacific chair and Asia Pacific head of asset servicing and digital at BNY Mellon.
This Week: BBVA/AWS, Bloomberg/Lombard Odier, TP Icap, Credit Suisse/Torstone, Endicott
A summary of some of the past week's financial technology news.
Buy-Side Technology Awards 2020: All the Winners and Why They Won
Here are the 37 category winners of the Buy-Side Technology Awards 2020.
EU Firms Seek Clarity on Tech Requirements for Incoming Cloud Guidelines
As Europe prepares for a new batch of outsourcing rules, some firms are looking for answers on how to test exit strategies and mitigate concentration risk.