Infrastructure
Barclays Finds Blockchain Nirvana
Digital token USC could transform financial markets. But first, backers must prove it is secure.
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.
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.
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.
Euroclear to Roll Out Fixed Income Data Services
The post-trade firm and custodian will launch new data services for fixed income liquidity and APIs for its reference data offerings.
This Week: Charles River, Broadridge/IBM, Dash, TT, GAM/SimCorp
A summary of some of the past week’s financial technology news.
5G & IoT: Are You Ready for the Data Deluge?
The combination of these two revolutions will see data volumes skyrocket. As a result, Anthony Malakian says data providers will be able to find new datasets to package for clients, while investment firms can create unique investment insights.
For the App Interoperability Movement, 2020 will be a Big Year
While progress was made in the desktop application interoperability space in the last year, Anthony Malakian says 2020 is likely to see some major developments that will help to push this movement forward.
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.
LSEG: Cloud Enables Better Visualization Tools
Advances made in the exchange group's cloud program have filtered down to help improve its data offerings.
Vendor Lock-In Creates Barriers to Digital Transformation Efforts
Voya Financial and Blackstone execs discuss the role that fintechs play in firms' digital transformations, and caution them not to rely so heavily on vendors.
Avelacom Adds Multi-Cloud Connectivity for Crypto Traders
Direct links set up in each location “jump” from points-of-presence to a cloud in under a millisecond.
This Week: Goldman/Finos; JP Morgan/Baton; Caixa AM; IHS Markit
Catch up on some of the past week's financial technology news.
People Moves: Finastra, Luminex, Itarle, West Highland & More
A look at some of the key "people moves" over the last week, including Lisa Fiondella (pictured), who joins Finastra.
Asset Managers Likely Overestimating Their Alt Data Capabilities
UBS Asset Management’s CDO & Element22's founder look at some of the challenges facing the alt data space.
The API Economy’s Existential Crisis
Has the so-called ‘API economy’ been over-hyped, or is there value in recalibrating an open API strategy? WatersTechnology examines.
Banks Team Up for “Ion Replacement” Project
Consortium weighs building fixed-income software in potential threat to Ion, the dominant vendor
Robo-raters Help Banks Vet Vendors for Cyber Risk
These specialists are touting services for monitoring third parties amid tougher rules on outsourcing risk.
People Moves: MarketAxess, Trading Technologies, DTCC & More
A look at some of the key "people moves" over the last week, including Ryan Gwin (pictured), who joins MarketAxess.
SimCorp Builds Out Real Estate Offering for Alternatives
The vendor is also experimenting with machine learning to help the buy-side sift through the vast amount of unstructured alternatives investment data.
Banks Join Forces on Model Development Utility
Crisil is working with HSBC and three other banks on a platform to share model-building tools.
AI in the Cloud: How the Two are Making for a Perfect Match
As more financial institutions are starting to expand their usage of AI, they are turning to the cloud to help scale up. However, there are things to consider before doing so. Wei-Shen Wong examines.
Linedata to Tap Machine Learning for System Fragmentation Monitoring
The company plans to test machine-learning models in the coming months to automatically fix IT system fragmentation.