Machine learning
Google-Greenwich: Financial firms agree on cloud's ubiquity, but vary widely on use cases
New research highlights predicted growth areas for cloud computing—and the tools it enables, such as AI and machine learning—in the capital markets. Spoiler alert: Google says cloud is becoming as ubiquitous as the search giant itself.
This Week: Macrobond/FactSet, Tradweb, Bloomberg, DTCC, and more
A summary of some of the past week’s financial technology news.
Alt data’s second inning: Brace for a long M&A game
The alternative data sector is still relatively nascent, and as such buy-side firms have struggled with how best to incorporate these non-traditional sources of information. While sources say that there will be continued M&A in the market, how those…
Waters Wrap: Get ready for the low-code, no-code explosion
Anthony looks at some recent developments in the low-code and no-code spaces, and tries to better understand what’s hype and what’s reality.
Waters Wrap: Some random thoughts about Big Tech disruption and M&A in Q4
Anthony looks at what he thinks will be the biggest topics during the last quarter of 2021.
Six corporate actions prototype aims to slash data delivery time
If the prototype is put into production, delivery of corporate actions data for dividends could be reduced from up to 24 hours to 15 to 30 minutes.
Waters Wrap: Cloud, AI, Interop: The evolutions driving fixed-income progress
Anthony believes these advancements will provide the opening for Big Tech firms to created outsized influence that will change financial technology forever.
FactSet, Microsoft collaborate on voice-activated analytics
The data vendor has deployed machine learning across its ETF and fund screening datasets, and plans to interoperate with other big tech firms in the future.
People Moves: Tradeweb, BondLink, Boosted.ai, Transcend, and more
A look at some of the key "people moves" from this week, including Devi Shanmugham (pictured), who joins Tradeweb as global head of compliance.
AI helps one investor screen targets against UN ethical goals
PanAgora has developed a two-stage process that aims to weed out the greenwashers.
Charles River, Wave Labs team up for enhanced OEMS
The strategic partnership will involve a three-part integration including system connectivity, combined visualization and the creation of client feedback loops.
Waters Wrap: Can interop connect the bond market better than consortiums? (Yes)
Anthony says that if trading firms want to take advantage of new datasets in fixed income and advancements in machine learning, they’re going to first have to embrace interoperability.
Show your workings: Lenders push to demystify AI models
Machine learning could help with loan decisions—but only if banks can explain how it works. And that’s not easy.
Research management systems vie to double as data, analytics providers in one-stop-shop bid
RMS providers Sentieo and MackeyRMS feel the pressure to become quasi-data and analytics providers in their quest to cover the gamut of the buy-side research analyst workflow.
People Moves: LedgerEdge, JP Morgan, MarketAxess, Enfusion, and more
A look at some of the key people moves from this week, including Michelle Neal (pictured), who has joined enterprise software vendor LedgerEdge as CEO of US operations.
Power to the People
Information is a valuable commodity in the financial services industry, although its real value is only fully realized when it is interpreted and shared across the business. This is the domain of Macrobond, which not only provides the broadest and…
Dutch asset manager turns to decision trees for currency predictions
APG has improved prediction accuracy for G10 currency movements after adopting decision tree-based machine learning.
EBA to consult on banks’ machine learning use
The watchdog will set out a new stance on ML-based capital models at a time of conflicting guidance from other supervisors.
Symphony taps Google for cloud, AI, data-sharing tools
By leveraging Google’s AI and data-sharing capabilities, Symphony is strengthening its ties with the tech giant, which is also an investor in the platform.
Waters Wrap: On outages, teamwork & greed (And ESG innovation & consultants)
Anthony examines a proposed protocol in Europe that would help keep liquidity flowing if there’s a major exchange outage. He also discusses innovation in the realm of ESG, and Esma’s new data analytics platform.
Regulators must find a balance with artificial intelligence
There's rapid digital transformation underway in the industry and regulators must get with the game plan while not over-regulating the use of AI.
This Week: FactSet, Six, Nordic Capital, State Street, SmartStream, and more
A summary of some of the past week’s financial technology news.
SF quant firm uses 'nearest neighbor' machine learning for equities predictions
Creighton AI is using a regression-based approach to machine learning to help make predictions about the excess return of a stock relative to the market.
Disinformation campaigns coming to a Wall Street near you
Rebecca examines the tangled web woven between Reddit, meme stocks, and QAnon, and asks how well prepared data providers looking to jump on the meme stocks bandwagon are to recognize organized disinformation campaigns.