Europe
Fenergo Taps ABN Amro, DXC for $80 Million M&A War Chest
The Dublin-based company sells 10% stake to fund further regtech acquisitions.
FIS to Double Down on RegTech and Multi-Asset Coverage
The company's Investment Operations Suite for asset managers is adapting to regulation and changing investment strategies alongside clients.
Screen Founders Leave TRG, Set up Data Recruitment Firm
Brooimans and Fruitema will focus on helping financial firms in Europe to find experienced data professionals.
Google Exec: Regulators Insisting on Multi-Cloud for Financial Firms
As regulators fear vendor lock-in and concentration among cloud providers, Google Cloud pushes its Anthos platform.
Crédit Ag Taps AI to Lure Swaptions Business
The machine learning model predicts client demand with high accuracy, giving traders an edge in pricing.
HSBC Securities Arm ‘Strangles’ Legacy Tech with API Wrapper
The securities services business has embarked on an API strategy to offload its legacy tech and produce better connected products.
Interactive Brokers Creates Vendor Arm to Consolidate Data Ops
The creation of GFIS is the culmination of a three-year plan to consolidate and improve how the broker managed hundreds of data sources.
Nomura’s Head of Digital Warns of AI’s Predictive Limitations
The investment bank’s deputy chief digital officer says machines cannot predict markets, as the bank consolidates trading operations and builds an AI trading platform for fixed income and FX.
This Week: Refinitiv; Broadway; BMO/Clearpool; Skytra/Nasdaq & More
Catch up on some of the past week's financial technology news.
SteelEye to Monitor Social Media for Trade Reconstruction
Compliance vendor says upcoming automatic trade reconstruction will slash processing times and allow users to monitor news feeds to detect insider trading.
EU Consolidated Tape: Support Wanes With Lack of Answers
With regulators slow to answer industry questions relating to how a CT should be built and what it's for, development has slowed.
Colt Cuts Japan–Hong Kong Latency to Sub-41ms
Beyond new latency reductions between Tokyo and Hong Kong, Colt will continue to optimize its routes and expand its network coverage.
GLMX Looks to Sec Lending and Swaps for Electronification
The platform provider is looking at opportunities in securities lending and swaps, as it pursues expansion in Europe.
Oracle Leverages Deep Learning To Detect Financial Crime
Oracle is using deep learning to find matching patterns for graph analytics within its compliance platform.
Nasdaq Updates Surveillance Offering to Build Trader Profiles to Catch Spoofing
The company is combining different data sources to help users spot market abuse and manipulation.
People Moves: LSEG, BNY Mellon, Matthew Nelson, Jennifer Grancio and LiquidityBook
A look at some of the key 'people moves' from last week, including Arne Staal's move to LSEG and BNY Mellon's new global FX COO, Paresh Shah.
Blockchain in the Capital Markets: Slow Progress in 2019
While real blockchain rollouts are still few and far between, some firms made progress in 2019. Here are 18 projects in some stage of development.
As Public Cloud Gains Traction, Concerns & Challenges Grow
WatersTechnology looks at more than 20 cloud-based projects and initiatives to see how banks, asset managers and vendors are embracing public providers, and the inherent problems involved.
Machine Learning Takes Hold in the Capital Markets: Some Examples
WatersTechnology looks at 16 projects in the capital markets that involve machine learning to show where the industry is heading.
People Moves: LSEG, West Highland, SEC, Fitch, Dash & More
A look at some the key "people moves" from last week, including Steve Bonanno (pictured), who joins Dash.
This Week: Digital Asset, BNY Mellon-SimCorp, AccessFintech & More
A summary of some of the past week’s financial technology news
Wells Fargo Exec: Banks Struggle To Feed Hungry AI
Vast amounts of data and processing could hinder exploitation of emerging tech, says Ravi Radhakrishnan as it partners with MIT-IBM Research lab.
EDM Council Forms Data Women’s Group
The new interest group will help provide collaboration, networking, and mentoring opportunities for women seeking to advance their careers in the data industry.
This Week: AWS Quantum, Nomura/Pico, Broadridge, Instinet
A summary of some of the past week's financial technology news.