Natural language processing
SS&C looks to leverage Blue Prism’s RPA capabilities to improve reconciliations, onboarding
After acquiring Blue Prism earlier this year, SS&C is looking to pair its Chorus business process optimization tool with the RPA specialist.
Amid macro storm clouds, a silver linings playbook for fintech
Banks and VCs believe inflation and rising interest rates will result in winners as well as losers
FactSet blends ML, NLP for predictive data analysis
The vendor is drawing on its vast collection of data to develop predictive signals for credit ratings, shareholder activism and more.
Waters Wrap: The Big Tech cloud providers are coming for your toys
Anthony thinks that the fintech community should be looking over their shoulders as the major cloud providers are going to disrupt financial markets even more than they do today.
Man Group revamps data science platform to tackle data deluge
The London-based investment manager spent four “long and intense” years rewriting its data science platform, Arctic.
This Week: State Street/MarketAxess, Aquis, Linedata & More
A summary of the latest financial technology news.
Banks eye ‘nirvana’ in machine-executable swaps reporting
Coded reporting requirements could save banks “millions” in compliance costs, bank execs say.
Waters Wrap: Snowflake’s cloud plans and what they mean for the interop movement
Upstart Snowflake hopes to be the global data network that brings true interoperability between data and trading platforms across the capital markets. Anthony says it’s an audacious plan, but one worth watching.
This Week: FIS/Microsoft, Bloomberg/MSCI, Higo/Tora, & more
A summary of the latest financial technology news.
Surveillance firms experiment with computer vision for video conferencing oversight
As more firms rely on platforms like Zoom and Teams for client and workforce communications, surveillance technology providers are exploring new ways to make sure traders are compliant while working remotely.
Waters Wrap: Google’s cap markets play portends a shift in trade tech philosophies
According to Google’s Phil Moyer, the capital markets are shifting from a world where location determined liquidity, to one where accessibility will be the main differentiator for exchanges. Anthony explores what this could mean for trading firms going…
Eliminating the human touch: Examining RBC’s tech infrastructure evolution
The Canadian bank’s tech infrastructure unit is using Kubernetes as it looks to become a “truly end-to-end digital enterprise.”
Waters Wrap: Data ownership & storm clouds brewing
Thanks to technological advancement, firms are finding new ways to monetize data. While the question of “who owns the data” was never a pressing one in the past, Anthony says that there are reasons to believe that will soon change.
How NN IP uses machines to read the market—and itself
Dutch manager being acquired by Goldman uses machine learning to ‘augment’ its analysts
The bank, the vendor, the turrets and the golf day
After DBS switched suppliers, a row broke out, raising questions about entertainment and influence
Machine learning & NLP in the capital markets: Some examples from 2021
To show how ML and NLP are spreading across the industry, WatersTechnology highlights 20 stories from the last 12 months that feature unique uses of AI.
Waters Wrap: The biggest disruptors facing the capital markets as we head into 2022
In Anthony’s mind, eight topics will dominate the headlines in the New Year. They are…
NLP for investment management: quants face a grab bag of words
Training models to interpret text can be dull; but doing it poorly can be costly.
New breed of NLP model learns finance better, study finds
Models trained by looking at sentences beat conventional approaches that contextualize words.
Waters Wrap: Nasdaq, Quandl and the next phase of the alt data craze
Anthony looks at how Nasdaq's Quandl strategy ties into other trends spreading through the market.
Vendors push voice data across the trade lifecycle
Through partnerships and acquisitions, communications vendors are integrating voice data into different parts of the trade lifecycle to offer more sophisticated analytics and easier user interfaces.
People Moves: Charles River, Causality Link, Preqin, and more
A look at some of the key people moves from this week, including Caroline O'Shaughnessy (pictured), who joins Charles River Development as Emea head.
Google aims AI at corporate actions challenges
The tech giant believes its AI tools have a multitude of applications across some of the complex data challenges of financial markets, and it’s starting with the manual and complicated world of corporate actions. Some believe it will be an uphill battle.
Machines can read, but do they understand?
A novel NLP application built on a Google transformer model can help predict ratings transitions