Machine learning
BNY Mellon to Use AI for Faster Document Queries
The bank plans to expand a program that uses machine learning to pull out key terms for contracts.
Fund Houses Get Picky Over Where to Use Machine Learning
Buy-siders have limited their usage of deep learning techniques due to haziness over their inner workings.
Not Random, and Not a Forest: Black-Box ML Turns White
Bayesian analysis can replace random forest with a single, powerful tree, writes UBS’s Giuseppe Nuti.
DTCC Chief Predicts Substantial Change to Market Infrastructures Within a Decade
Michael Bodson predicts technology will fundamentally change how the markets work.
NYSE President Sees Tech as Key to Big Board's Next Evolution
A look at the massive tech projects (and legal battles) underway at the NYSE, which are being led by Stacey Cunningham.
Tech Execs Warn on AI Window Dressing
A substantial amount of vendors are making misleading claims about AI capabilities, experts say.
Geopolitical Risk Data Moves from Foreign Intelligence to Fund Management
As nations and markets become increasingly interconnected, geopolitical risk has become top of mind for portfolio managers.
Goldman Sachs Exec: Markets Still Too Complex for AI Trading
Humans, and not robots, will still be required for the foreseeable future, say trading vets.
Buy-Side Firms Turn to AI for Efficiency Amid Barriers to Adoption
Assuming that automated artificial intelligence holds the key to unlocking fragmented datasets, the absence of standardized models coupled with regulatory concerns remain barriers to adoption.
Banks and Bourses Increasingly Combine Cloud, AI for Data Projects
The combination of the two technologies is bearing fruit for firms struggling with legacy architectures, but education and talent remain tough obstacles to overcome.
Banks Brace for ‘World’s Largest Corporate Action’ as Libor Switch Looms
The transition away from Libor is a mammoth task for the banking sector—one that the industry is increasingly finding itself woefully unprepared for. By Hamad Ali
Google Plans Foray into Asset Management with AI Data Tools
The technology giant is rolling out tools to asset managers who need to use machine learning but have limited in-house experience.
A Blueprint for Alternative Data in Asset Management
UBS Asset Management’s data chief sets out his recommendations for using alternative data in the investment process.
The Hard, Human Lessons of RPA
Robotics’ promise to revolutionize operations by automating tasks and accelerating processes is hitting implementation roadblocks.
Synechron Targets Asset Managers with Accelerator Launch
The digital consultancy began the program in 2016 and tailors each accelerator to client requirements.
Wavelength Podcast Episode 155: Martin Boyd of FIS; A Look at the CAT
First, some pointed comments about the Consolidated Audit Trail and then Martin Boyd discusses the fintech market.
Firms Carve Rosetta Stones for Non-English AI Surveillance
Development of machine learning and natural-language processing is now turning to languages other than English to keep a better eye on traders and the market. But how easy is it to teach a machine a new tongue?
Wavelength Podcast Episode 154: Bryan Cross, UBS Asset Management
Bryan Cross, who heads UBS Asset Management's QED group, joins to discuss alternative data and AI.
Collibra to Tap Google AI Talent, Add 200 Staff in ’19
A funding deal led by Google's private equity affiliate will expose Collibra to machine learning and AI expertise at the search giant.
Wavelength Podcast Episode 153: Nasdaq's Lars Ottersgård
Lars Ottersgård, head of Market Technology at Nasdaq, talks AI, blockchain, quantum computing, cloud, acquisitions and more.
Encompass Adds Bisnode for KYC
The integrated offering will enable Nordic institutions to automate KYC and customer onboarding processes more effectively.
Northern Trust Aims to Automate Institutional Transfer Agency
This year the bank will roll out a new platform that uses an event-driven architecture to automate workflows in transfer agency.
Data, Analytics Vet Manton Returns to SAS
Manton, who has spent two decades working in data management, analytics, and visualization technologies, rejoins SAS 20 years after his first stint at the vendor.