Reconciliations
Bank consortium led by SocGen seeks to cure post-trade data ills
Project led by Societe Generale that uses privacy-enhancing technologies to solve data management issues hopes to sign up five banks and launch as a legal entity.
A blockchain believer: Broadridge looks to expand its DLT influence
The market infrastructure provider has rolled out its blockchain-based repo transaction platform with plans to further build on the emerging technology.
Brown Brothers Harriman continues AI ‘transformation’ of fund accounting unit
A new tool that helps business users test and validate their own POCs is set to join the bank’s ranks alongside its other AI projects implemented over the last two years: Linc, Guardrail, and Ants.
Users clash with ASX over changes to its DLT settlement system
Industry groups and tech experts are worried that proposed last-minute changes will introduce new risks.
This Week: Google Cloud/Commerzbank, SmartStream, Anna DSB, and more
A summary of some of the past week’s financial technology news.
Utility is success? Row brews over futures post-trade workflows
Futures market participants say standardizing trade allocations through a post-trade utility could prevent a repeat of the chaos seen in March 2020, when back-office systems fails resulted in thousands of trade breaks.
New DTCC Consulting Unit Embarks on First Project
The market infrastructure firm founded a new advisory service last month, which has begun its first client engagement to evaluate regulatory reporting.
Waters Wrap: The M&A Market Heats Up (And Some Quantum Computing News)
What do Liquidnet and Trading Technologies (and others) have in common? Anthony explains. He also discusses advancement—and disillusionment—in the quantum space.
Xenomorph Building New Module To Reduce Duplicated Data Requests
The new module will be aimed at anyone who is charged for data from external vendors and needs to track data consumption across their organization.
Post Acquisition, Gresham Looks to Integrate Inforalgo to Improve CAT Offering
The vendor is streamlining its platform for reporting to the consolidated audit trail.
Siepe Builds out Middle Office Service
The investment management solution and cloud infrastructure provider is also planning to roll out a new risk management service.
Barclays Blueprint for Post-trade Plumbing Puts Onus on FMIs
The institution is banking on financial market firms to drive adoption of the Isda CDM by offering it with new products and services.
Future of Operations Hinges on Tech Approach, Industry Collaboration
ISITC's Lisa Iagatta explains why the industry will need to come together to tackle new challenges facing the world of operations.
BoE's Post-Trade Reform Efforts Will Need Full Industry Cooperation
The central bank's report on the future of post trade will face the same competitive interests that have hindered previous attempts at eliminating inefficiencies and bringing automation to the back office.
AI Can Drive Reconciliations Efficiency In Period of Increased Volume
As the coronavirus drives trading volumes, post-trade processing is increasingly an area of operational risk, and firms should consider automation, analyst says.
Brown Brothers Harriman Re-Imagines AI Ecosystem After March Market Madness
Unprecedented volatility in March is leading the bank to double down on its AI systems in a big way.
Covid-19 Piles Pressure on Fund Accounting
Fund administrators are dealing with unprecedented volumes of pricing information and exceptions.
Gresham Technologies Expands Use of RPA for Reconciliations
The vendor's CTO says automation capabilities embedded within the company's Clareti platform can help with repetitive tasks.
AI Poised to Transform Reconciliations
This research paper charts the progress of SmartStream AIR, from its inception around the start of 2018 to its launch, and focuses on the new ground it breaks in what is historically a complex, expensive and invariably laborious process within large…
Xceptor Lasers in on ML and NLP
The vendor is also considering including deep learning capabilities to the platform.
Machine Learning Takes Hold in the Capital Markets: Some Examples
WatersTechnology looks at 16 projects in the capital markets that involve machine learning to show where the industry is heading.
Introducing AI to the Back Office—Does the Tech Measure Up to the Hype?
Throughout 2019, artificial intelligence (AI) has been one of the most predominant buzzwords in the financial technology space. AI has promised enhanced accuracy and improved efficiencies, allowing staff to focus on higher-value tasks—it truly has the…