Back office
IHS Markit plans ‘low-code, no-code’ configuration for EDM platform
The vendor is working on a drag-and-drop feature as part of a wider shift towards a low-code or no-code configuration environment.
This Week: Symphony, Digital Asset/Nasdaq, State Street, Finos & more
A summary of some of the past week's financial technology news.
Deutsche Bank leverages AI for securities services
The bank’s client segmentation offering creates more targeted post-trade offerings, while its prediction engine can help reduce settlement failures.
Nordea: Licensing changes could make RPA too expensive
The Nordic bank is looking for ways to mitigate costs as software vendors define new policy categories to capture robotic workers.
Shorter settlement cycles could hit non-US firms hard
As efforts continue to shorten the settlement cycle for US securities to T+1, market participants in Asia worry about the potential implications.
Is history repeating itself?
Broadridge’s acquisition of Itiviti presents many opportunities but also raises many questions about the combined company’s future. For a glimpse into that future, Wei-Shen Wong takes a look into Itiviti’s past.
Bridging the gap: Broadridge looks front-to-back with acquisition of Itiviti
The deal signals a transformative move for Broadridge into the front-office space to help clients simplify their front-to-back technology stack. But some industry observers are skeptical about how it will achieve this.
A kick in the privates: In-demand unlisted stock trading faces tech, transparency challenges
Private stocks are opaque, illiquid, behave differently from public markets, and lack the same infrastructure as public marketplaces, creating back-office integration challenges for firms that want to trade these stocks in a more liquid manner. But as…
Start-up VCs look ahead to post-pandemic world
Emerging venture capitalists saw reduced investor inflows during the pandemic. Will this dent B2B fintech investment?
Back-office automation key to breaking open private markets
Trading in large, privately-held stocks has hitherto been the domain of large private equity investors. A new technology platform aims to make these markets more accessible to broker-dealers by integrating with the back-office processes that firms…
The embrace of buy-side interoperability: State Street, SimCorp team up
The partnership between the two major players in the buy-side technology space reflects the shift in how rivals do business.
This Week: Janus/SS&C; Wolters Kluwer; Tora/Neptune; Standard Chartered/Northern Trust; SimCorp; & More
A summary of some of the past week's financial technology news.
New Research Grapples with Corporate Actions
Veteran analyst Virginie O’Shea’s new business turns its attention to the ‘soul-destroying’ realm of corporate actions, which is weighed down by inefficiencies, manual processes, and lack of standards.
Waters Wrap: On Refinitiv and Old Rivalries (And FIGI & Data Governance)
Anthony explores some of the questions raised by Refinitiv's plan to move away from Eikon and Thomson One. He also looks at data governance trends, and asks why the FIGI is having such a tough time gaining acceptance.
SocGen Builds Serverless-Code Environment, Explores Virtualized Computing
The Paris-based bank has developed a coding environment to help democratize tech development, and is exploring virtualization.
RFA Taps AI for Managed Data Services Platform
Cloud data platform includes fully managed warehousing, ingestion, and analytics, with AI-enabled security functions.
Waters Wrap: The Problem with Big Ideas (and Some Ramblings on Virtual Desktops & Tech's Blurred Lines)
Isda's CDM leaves banks questioning the way forward; the rise of virtual-desktop infrastructures; generic business intelligence tools become more popular.
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.
This Week: Northern Trust/BackRock, Nasdaq, IHS Markit/OpenGamma, MEMX, and More
A summary of some of the past week’s financial technology news.
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.
How Sarson Strover’s Outsourcing Policy Averted Virus Disruption
The newly fledged UK hedge fund has outsourced its portfolio management tech and operations to third parties, a move that has helped it through the coronavirus pandemic.
People Moves: FTSE Russell, UKGI, Clearwater, Cloud9, LDX
A look at some of the key People Moves from this week.
FIS Acquires Virtus to Expand Managed Services in Credit Space
FIS is looking to integrate Virtus technology platforms into its back-office solutions.