BNY Mellon
BNY Mellon streamlines the hunt for liquidity with LiquidityDirect updates
The bank spent the last three years evolving and expanding LiquidityDirect to include additional asset classes, and will white label the platform to customers.
The IMD Wrap: Talkin’ ’bout my generation
As a Gen-Xer, Max tells GenAI to get off his lawn—after it's mowed it, watered it and trimmed the shrubs so he can sit back and enjoy it.
This Week: FIX; DLT report; reporting fines; derivatives tech; startups and more
A summary of the latest financial technology news.
Outsourced trading sees uptick as buy side seeks more bang for its buck
Buy-side firms see outsourced trading as a way to simplify their operating model, while custodians see an opportunity to sell bundled services.
Waters Wrap: What’s next for desktop interop?
Anthony takes a look at the desktop application interoperability space—how we got here and where he thinks it's going.
People Moves: BNY Mellon Pershing, Tradeweb, HKEx and more
A look at the past month’s people moves within the tech and data space.
No big boost to UK dark trading after Brexit
Expected explosion in hidden equity liquidity has failed to materialize
From ChatGPT to BloombergGPT: In capital markets, who can make the most of large language models?
Capital markets are no strangers to hype machines. Among the buzz around generative AI, Nyela wonders who will be best suited to take advantage of the technology and deliver the right use cases to Wall Street.
This Week: Opensee/Kepler Cheuvreux, Duco, Eurex/Trading Technologies & more.
A summary of the latest financial technology news.
AI proves helpful for banks facing new cash penalties for settlement failures
According to one report, banks have been hit with penalties of up to €5 million per month under new CSDR settlement rules. As a result, banks are turning to AI to help.
BNY Mellon deploys new AI, cloud tools
The custodian bank has reduced payment processing times by as much as 80%, according to officials.
This Week: BlackRock/Tradeweb, FactSet, DTCC, RBC and more
A summary of the latest financial technology news.
AFTAs 2022: Best IT integration initiative—BNY Mellon
Project: Ops to Ops Collaboration Platform
AFTAs 2022: Best agile initiative—BNY Mellon
Project: Advancing Agile at BNY Mellon
People Moves: Broadridge, Tradeweb, Ice, FCA, and more
A look at some of the key people moves from this week, including Rana Yared (pictured), who joins the board of Tradeweb as an independent director and a member of the audit committee.
When machine learning goes awry, here's how to do better next time
Executives from JP Morgan, Morgan Stanley, and BNY Mellon discuss the lessons learned through experimenting with machine learning at their firms.
People Moves: DTCC, BNP Paribas Asset Management, Trading Technologies, and more
A look at some of the key "people moves" from this week, including Frank La Salla (pictured), who joins DTCC as its next president and chief executive officer.
People Moves: Cboe, State Street, Sifma, Arria NLG, and more
A look at some of the key "people moves" from this week, including Mark Goodey (pictured), who joins Arria NLG as managing director and innovation strategist.
Banks offer crypto clearing but, shhh, don’t tell
Top dealers clear crypto futures for select clients despite smorgasbord of risks
What the hell is Web3, anyway?
The next iteration of the internet is upon us, with the potential to deliver radical shifts to every industry, including banking. The movement, which is currently buoyed by the prospects of blockchain and virtual reality, has implications for computing,…