UBS
People Moves: Acin, NeoXam, BNY Mellon, Northern Trust, and more
A look at some of the key people moves from the past week, including Tracy Clarke (pictured), who joins Acin as non-executive director and strategic consultant.
People Moves: Nomura; Goldman Sachs/Talos; Rathbone Brothers; and More
A look at some of the key people moves from this week, including Sameer Jain (pictured), who has been appointed to oversee Nomura’s IT and operations for its global wholesale business.
Traders: Consolidated tape could drive corporate bond market automation
The EC is pushing for a tape for fixed-income instruments, and market participants say it could speed up electronification, if implemented properly.
OTC FX options market gears up for faster electronification
The share of electronic trading in the market remains low, but a host of factors promise to change that for good.
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.
Machine Learning in the Capital Markets 2020: ML Spreads During Pandemic
WatersTechnology looks at how 10 different firms are embedding machine learning algorithms into their platforms and tools.
This Week: Jyske Capital/SimCorp; Vestrata; NICE Actimize/FACEPOINT; Anna/Gleif; SS&C, ING, and more
A summary of some of the past week's financial technology news.
Machine Learning will Create New Sales Bots on Trading Desks
Technologists are working to automate indications of interest from trading desks, according to UBS’s head of machine learning.
Point Break: How Vendors Push Their Products to the Limit
Vendors don’t release new products or updates without putting their software through rigorous testing. What does that testing involve, and what different approaches do companies employ? Max Bowie finds out.
Natural Language Generation: Great Promise, Significant Barriers
Sell-side firms and data providers are increasingly experimenting with natural-language generation to create new forms of automatically curated reports, emails and alerts, but the technique comes with significant challenges.
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.
Waters Wrap: Machine-Learning Models Suffer from Covid (And Exchanges in the Cloud, Pt. 2)
Anthony says that while machine-learning models have been hit-and-miss during the pandemic, NLP is taking on greater importance. He also looks at how exchanges are looking to move their core matching engines to the cloud.
Waters Wrap: Is AML Tech Worth the Cost? (And Cloud Moves & More Blockchain)
Anthony wonders if AML platforms are being scrutinized enough by banks and regulators, then looks at Wells Fargo's tapping of HPR for its quant division and Northern Trust’s blockchain plans.
Fermi’s New Paradox: If AI Analysts Are So Obvious, Where is Everybody?
UBS AM’s Bryan Cross says the goal of embedding AI in the investment process has failed because the aim has been misguided.
Fund Managers Seek to Plug Holes in ESG Data
Quant funds are striving to adjust their ESG models to take into account changes in corporate behavior during the pandemic.
Dealers Vie with IHS Markit to Electronify Bond Issuance
Competing platforms could split the market for new issuance in Europe and the US.
Waters Wrap: Snowflake Makes its Move (And Ref Data Headaches & Data-Sourcing-as-a-Service)
Anthony explores how Snowflake is trying to win over business in the cap markets, talks about the reference data space, and examines a new breed of data vendors.
This Week: SGX/Cassini, UBS/GitLab, QuantConnect & Snowflake
A look at some of the past week's financial technology news.
Covid-19 Tumult Prompts Rethink of Buy-Side Risk Management
Investment firms are making changes to their risk reports, stress tests and concentration limits.
UBS Evidence Lab Uses Hospital Data to Profile Regional Recoveries
The unit is combining foot-traffic data and proprietary datasets derived from hospitals to develop a better understanding of outbreaks and predict a timeline for recovery.
Moonshots Shelved: Banks Spend on Home-Working Tech
Senior technologists from UBS, Deutsche Bank, Nomura, SocGen and others discuss where their tech spend is being directed.
A Look at How UBS's Concentrated Alpha Team Integrates ESG Data
A specialist team at UBS Asset Management is using a mix of proprietary ratings, external data, and in-house analysis to make ESG an integral part of its investment process.
UBS Head of Tech: How Virtual Desktops Keep Workers Plugged in During the Pandemic
The Swiss bank’s A3 system offers a blueprint for remote working as the industry looks to life beyond coronavirus.
Quants Use Nowcasting As Covid Crystal Ball
Experts from UBS, Unigestion, MIT and QuantConnect discuss the need for nowcasting, and what the alt data boom has made possible in trying to navigate today’s crisis.