Bank of Montreal (BMO)
People Moves: S&P Global, BMO, Liquidnet, ING, and more
A look at the past month’s people moves in the capital markets technology and data space, including Kristin Milchanowski, who joins BMO as its new chief AI and data officer.
Citi’s internal cloud project gets open-sourced
Through Finos, a project that started internally to help Citi get a better handle on its cloud controls now includes the likes of Goldman Sachs, Morgan Stanley, RBC, BMO and LSEG.
BMO CIO: Open source boosts internal risk platform performance
The bank’s proprietary solution uses Apache Spark to calculate forward-looking loss scenarios in its loan portfolios.
This Week: SocGen, Bloomberg, Fenergo, DTCC, Franklin Templeton & more
A summary of the latest financial technology news.
This Week: Bloomberg, Finos, Broadridge, Fidessa & More
A summary of the latest financial technology news.
Bank of Montreal begins 2nd phase of cloud migration and development strategy
Similar to its competitors, BMO wants the future development of financial services tools to be cloud-native. The bank expects 30% of workflows to be moved to the cloud within three years.
Space Exploration: How Will Banks Handle Unwanted, Costly Real Estate, Post-Covid?
Financial firms spend a lot of money on office space, but what happens to that space if more employees are working from home? Perhaps something of a WeWork for fintechs is the answer.
Vendors Prep for Initial Margin Big Bang
Tech providers are emerging from all corners as the final phases of initial margin rules closes in, which are expected to capture over 1,000 buy-side and sell-side firms over the next 18 months.
For Effective AI, Domain Knowledge often Trumps Analytics
Speakers at Waters USA point to people taking a bigger role in the understanding of data and aligning it with domain knowledge.
BMO InvestorLine Adds OTC Markets Data for Canadian Investors
Officials say the move will make it easier for Canadian investors to identify investment opportunities and trade on OTC Markets in the US.
Banks Have the Tools to be Tech Companies, but Struggle with Talent
Banks are increasingly calling themselves technology firms, but the real picture is less clear.
UBS, IBM Add Four Banks to Blockchain Project
Bank of Montreal, CaixaBank, Commerzbank and Erste Group join trade finance blockchain platform inititative.
Compliance Chiefs Turn to Cognitive Tech for Surveillance
Stitching together information by using cognitive tech could yield significant advantages for compliance.
Plumbing the Depths of Unstructured Data
Turning to organizing measures like collaboration, ‘microdata’ and application of standards can help manage a deep source of information.
Golden Copy: Compatibility and Collaboration Become Ever-Present
Working with data, whether for compliance, following standards or performing analysis, relies on a common approach
BMO Latest KYC.com Addition
BMO's signing is expected to accelerate adoption of the service in Canada, a Markit director says.
Kyc.com Signs Bank of Montreal
Firm is latest to join KYC utility service
Working To Reconcile Data Management Standards
Firms addressing data systems customized based on jurisdictional rules, along with varied business practices
Axius Expands Market EarlyBird Offering, Bows Hot Tweets
Axius' latest enhancement of its offering will help companies more accurately target social data on smaller companies.
Harris Leaves CIBC For BMO
Bank of Montreal hires Allie Harris for data governance and analytics role
Thomson Reuters Leads IMD/IRD Awards Tally as Race Tightens Between Bloomberg, Interactive Data
The results demonstrate an increasingly competitive landscape among the leading data vendors.