digitization
As ASX preps Chess replacement testing phase, other data & cloud projects progress
Testing on the new DLT-based platform will begin in July. The Aussie exchange is also making progress on its DataSphere project and has addressed ASX Trade after an outage last year, according to the company’s CEO.
Waters Wrap: Goldman’s Marquee Move a Sign of Larger Industry Shift (And Refinitiv’s API Rebrand)
Anthony explores changing concept of a trading platform, and what that might mean for the future of tech development.
Temenos Continues Digitization of its Investor Servicing Portal
Following its acquisition of digital banking SaaS company Kony last year, Temenos will be updating the UX across all its products.
Digital Rights Project for Data Usage Faces Legal, Operational Hurdles
Keen to trim the resources they expend on interpreting licenses, investment firms are exploring how they can turn data agreements into machine-readable code. Doing so is fraught with challenges.
Isda 'Create' Marks Important First Step Toward Smart Contracts
WatersTechnology goes inside Isda Create to see how the organization is aiming to bridge the gap between the worlds of paper contracts and legal data.
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.
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.
This Week: SEC, SS&C, TRG Screen, Refinitiv, Rimes
A summary of some of the past week’s financial technology news.
Post IBM Pairing, Broadridge Looks to Revamp Bonds, Wealth Offerings
The vendor is leveraging IBM to help improve its analytics offering for corporate bonds and to revamp its wealth management platform.
The Retraining Conundrum: How Best to Transform a Workforce?
Professor Jay Finkelman says that the most successful firms take a three-pronged approach to workplace transformation.
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.
BNY Mellon Takes a New Tack to Digital Transformation
The custodian is trying to make digitization core to all the organization's activities, its innovation head says.
Bank of America Using Gamer Tech to Improve Trader Experience
As part of its digitization efforts, the bank is looking to video game technology to allow traders to consume more information.
Turicode Targets Financial Markets in Asia
The vendor's software allows firms to train machine-learning models to better recognize and extract the data in documents.
UBS Cuts Outsourced Tech Jobs
The investment bank has eliminated thousands of roles and revamped its approach to outsourcing over the last two years.
Google Cloud Platform Bends to Regulation at SLA Level
The company has taken a tailored approach to outsourcing contracts as increased scrutiny demands portability and audit rights from cloud service providers.
Fundament Expanding Tokenized German Real Estate Offering
For it's real estate token, 90% of investment is coming from institutional firms.
Universal-Investment Building Amazon-Style Offering For Funds
The Frankfurt-based firm still has to get regulatory approval for the blockchain project, but aims to start beta testing next year.
Broadridge CEO Tim Gokey Maps Out Technology Path
Gokey discusses Broadridge's aim to be a one-stop shop for users and how it sees emerging technologies as its future.
NatWest Rolls Out Personalized Trader-Dealer Chat Bot
The digital assistant is built on Symphony’s open-source technology and integrates with existing trader-dealer workflows.
Barclays: The Future of Post-Trade is a Common Utility Platform
Financial firms are pushing for a distributed market infrastructure model through efforts like Isda's Common Domain Model and distributed ledger technology.
DTCC Explores Gatekeeper Role for DLT Networks
Post-trade company looks to stay ahead of DLT curve with plans to act as CCP for firms trading on permission-based blockchains.
Fannie Mae to Digitize Multi-Family Loan Portfolio with SimCorp Pilot
US mortgage financing enterprise hopes to transition to a new digital system for its multi-family loans mortgage book in 12 to 15 months.
Societe Generale to Offer Clients KYC Service via an API
The French bank plans to make its KYC offering available to external clients by the end of the year as it continues to enhance SG Markets.