Automation
Aquis Exchange Progresses with NEX’s Tech Migration
The exchange initiated the tech overhaul after realizing some of the NEX platforms were “out of date” and “terrible”.
This Week: Trading Technologies, Deutsche Borse, SS&C-Canoe, TNS, Clearstream-LCH, S&P, Refinitiv, Sterling TT
A summary of some of the past week’s financial technology news.
CLS Looks for Value in Discarded Data
The FX settlement specialist's information services arm is harvesting years of abandoned data for new projects.
BoE's Post-Trade Reform Efforts Will Need Full Industry Cooperation
The central bank's report on the future of post trade will face the same competitive interests that have hindered previous attempts at eliminating inefficiencies and bringing automation to the back office.
Finos Sees Opportunity for Open Source in RegTech Space
The nonprofit is reaching out to regulators to determine where open source could ease regulatory burdens on financial institutions, while keeping them competitive with tech companies.
Covid Provides RPA a Chance to Shine, but Skeptics Remain
The pandemic has highlighted the need for greater automation, leaving some retail banks to embrace RPA, which could seep into the wholesale capital markets.
Isda to Release Definitions on Web-Based Platform
The platform will allow users to look up the latest definitions as they execute a trade, with the option to access code for certain definitions using functionality already developed in the Common Domain Model (CDM).
NatWest Markets to Expand Chatbot for IRS Trade Execution
The investment bank is upgrading its chatbot in response to user demand for more capabilities.
AI Can Drive Reconciliations Efficiency In Period of Increased Volume
As the coronavirus drives trading volumes, post-trade processing is increasingly an area of operational risk, and firms should consider automation, analyst says.
Amid Public Market Volatility, Emerging Technologies Boost Investor Confidence in Private Markets
As the private markets grow, so does investor appetite for them, particularly as public markets hurt. Emerging technologies are helping.
UBS’s COO: 'Hybrid Pods' Accelerate Remote Working Solutions Amid Pandemic
Beatriz Martin says the bank has about 400 of these agile development teams—which were first rolled out last year—consisting of about 2,500 people across the organization.
Deutsche Bank Turns Attention to Production Engineering
DB's Stuart Gurr says past automation efforts have helped the bank weather the Covid outbreak, highlighting the need for further automation.
Morgan Stanley's Katherine Wetmur on Tech Investment, Covid-19 Response
As 'years' of tech investment pays off amid the coronavirus pandemic, Morgan Stanley eyes tools that can help it identify business process efficiencies.
Torstone to Integrate Risk Calculations into Inferno
The vendor will add trading position flow and risk calculations to the platform this year, as it continues to integrate functions from recent acquisition Percentile.
Gresham Technologies Expands Use of RPA for Reconciliations
The vendor's CTO says automation capabilities embedded within the company's Clareti platform can help with repetitive tasks.
ChartIQ Connects to the Bloomberg Terminal Connect API
The integration will allow for efficiency gains and risk reduction for users of the Finsemble app interoperability platform and the Terminal.
Xceptor Lasers in on ML and NLP
The vendor is also considering including deep learning capabilities to the platform.
BofA’s ‘Citizen Devs’ Take on Innovation Mantle
The bank's central data and technology group enables frontline ‘citizen developers’.
Itiviti Automates FIX Connectivity Ahead of Possible "Connectivity Crunch"
The Swedish tech vendor is hoping to capitalize on disruption in the OMS space by offering an automated solution for migrating FIX rules and for FIX certification.
DNB Bank Advances on 3-Year Big Data, Data Science Initiative
The bank is rounding out the second year in its three-year plan, which includes more than 100 new data roles.
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.
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.
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.
AI and Cloud Remove Barriers to Entry for Real-Time Intraday Liquidity
As increased regulatory reporting obligations add to the pressure financial institutions are under to manage intraday liquidity, centralizing siloed legacy systems into a single automated solution can offer an enterprise-wide, real-time view of liquidity…