Data management
People Moves: Quorsus, 3Forge, GoldenSource, Arca
A look at some of the key "people moves" from this week, including Kieran Mullaley (pictured), who has been appointed managing partner and head of consulting delivery at Quorsus.
Waters Wrap: Dash Financial gets nabbed by Ion (And monetizing data)
Ion Group has acquired Dash Financial. Whether or not this ends up being a good marriage will come down to the people making the tech platforms, Anthony says.
Broker data policies stoke fears of ‘exchange-style’ fees and audits
Interdealer brokers are looking enviously at the way exchanges have been able to grow data revenues, providing a stable stream of profits as other business lines have declined. But following the exchange model has its own challenges.
Fed could require senior management to explain AI models
A new era of accountability might see the Federal Reserve demand model explainability to keep financial system safe.
Futures trading algos ripe for disruptive new entrants
Algorithm development specialist BestEx Research is making a play to address inefficiencies in futures trading algorithms.
JP Morgan AM develops AI quant tool that uses mind maps to build thematic funds
ThemeBot uses textual relevance and revenue attribution to construct a list of stocks, which is then verified by JPMAM’s active equity analysts.
Waters Wrap: The New World of ESG (And GameStop & Interop)
While the Biden administration is already targeting environmental issues with early executive orders, Anthony says that it’s financial giants that will have the greatest effect on ESG investing in the near-term.
Data providers target data deficiencies in muni bonds market
Companies like Ice are looking at ways to help municipal bond investors gain transparency into a historically opaque market.
This Week: Refinitiv ESG; Nikko/GoldenSource; Causality Link/Eagle Alpha; Crux & more
A summary of some of the past week's financial technology news.
Managing Data Assets in 2021—Building an Effective Framework for Successful Data Governance and Sharing Best Practices
This webinar explores how data analytics and artificial intelligence tools can help buy-side firms identify hidden value within their data and how buy-side firms can enhance existing business processes by improving data quality
State Street focuses on 6 data vendors for ESG analysis
State Street’s Chris Berry explains how the asset servicer winnowed 60 ESG data providers down to six, and why this strategy has proved to be effective.
Goldman taps alt data for economic forecasts during pandemic
Economists at the bank leveraged a combination of public and third-party data to make conclusions about the future during uncertain times.
OpenFin Builds Out Notification Center
The desktop interoperability provider will continue building other 'standard' desktop components.
Vendors Continue to Move Products, Services to the Cloud: Some Examples
Last year, most (if not all) financial technology providers either completed or started major projects that involved moving their products and services to the cloud. WatersTechnology looks at 15 of the more interesting cloud-migration initiatives from…
FactSet, Snowflake Take Aim at Financial Data Mapping Challenges
FactSet’s mapping service, Concordance, can be used on its own or with Snowflake’s cloud, enabling users to apply the offering to other datasets in Snowflake’s ecosystem.
Crunch Time for Covid-Era Tech
Covid culture is set to continue this year, as are the associated changes to working practices in the financial markets and the technologies that support them. Max wonders what the new ‘virtual’ reality will look like in 2021 and beyond.
Waters Wrap: App Interop in 2020 (And Tony’s Fave Stories From Last Year)
Anthony takes a look at some of the major projects that involved application interoperability from last year. The list includes feats by Goldman Sachs, BlackRock, Barclays, ICE, State Street, Refinitiv, and FactSet.
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.
The ABCs of NLP: How Trading Firms Used NLP to Navigate 2020
This year, natural language processing came to the fore in capital markets, helping firms of all kinds parse huge, unstructured datasets.
Arabesque AI to Launch New Prediction Engine Using Machine Learning
The firm is working with different machine-learning methods for portfolio construction, and expects its AI system to go live early next year.
SEC’s Market Data Infrastructure Rule Not Easily Said or Done
The finalized equities market infrastructure reforms will make a difference, but some market participants are calling for additional clarity.
Refinitiv Says Goodbye TREP, Hello RTDS; Bolsters Cloud Support
As the “vast majority” of customers are shifting to the cloud, Refinitiv is looking to broaden its own cloud capabilities to help customers with their transitions.
Datactics Experiments with Knowledge Graphs
The company aims to show that pairing good quality data with knowledge graphs can lead to links that previously would have been missed.
SS&C Advent Looks to the Cloud for Future Tech Deployments
After the rollout of its Genesis platform, SS&C Advent is now thinking about how it can transition platforms like Geneva, Moxy, and APX to the cloud, though it’s a long-term project.