Trading Tech
FX Markets Ripe to Exploit Sentiment Data, Experts Say
Already well established as an alpha-enhancing input to equities trading, sentiment data is now being applied to other asset classes, starting with foreign exchange.
Wells Fargo’s Head of Quant Strategy Explains HPR Deployment
Wells Fargo’s Quantitative Prime Services division has tapped HPR’s Unimus platform, starting with its market access gateway and risk management tool.
Waters Wrap: Blockchain is Still Overhyped (And Ion/Broadway Thoughts & the Consulting Boom)
In 2016, Anthony wrote that the blockchain revolution was overhyped—unsurprisingly, his opinions have not changed. He also delves into the Ion-Broadway deal, and looks at new consulting/advisory firms that have recently come to market.
Wavelength Podcast Ep. 219: People & Datacenters on the Move?
A discussion about Texas wooing Jersey companies, offices in Salt Lake City, and programmer skills.
Synechron Develops Differential Privacy Tech to Leverage Internal Data
The solutions are designed to allow firms to query data and build models more effectively without breaching global privacy rules.
Ion-Broadway Merger Approved with Strings Attached
Broadway chief executive Tyler Moeller leads a consortium to buy the divested fixed-income business.
China’s AI Expansion Could Shift the Fintech Balance of Power
Wei-Shen thinks about how the battle for supremacy in AI will evolve in the near future, and what the implications of China’s advances in the field might mean for Wall Street technology.
Crux Extends Google Cloud Partnership with Data Catalog Integration
After partnering with GCP last year, the data delivery vendor is working on its most in-depth integration thus far.
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.
EU’s Gaia-X Project: Reaching for Digital Sovereignty
Right now, details are scarce for the project, but Jo says that even if the initiative fails to get off the ground, it marks a big step in the bloc’s effort to achieve digital sovereignty.
Waters Wrap: Exploring New Ideas in the Alt Data Market (And Some Election Notes)
Anthony takes a look at some new alternative data offerings coming to market, and also explains why there’s so little election coverage on this website.
This Week: BBVA/AWS, Bloomberg/Lombard Odier, TP Icap, Credit Suisse/Torstone, Endicott
A summary of some of the past week's financial technology news.
Notifications: the Problem Teens of Data Management
There are efforts underway to ease the burden of dealing with data notifications, but Max finds that between growing pains and automation adulthood, these notices are going through an awkward adolescence.
EU Firms Seek Clarity on Tech Requirements for Incoming Cloud Guidelines
As Europe prepares for a new batch of outsourcing rules, some firms are looking for answers on how to test exit strategies and mitigate concentration risk.
TickSmith, Alqami Ally to Help Alt Data Sources Structure, Sell Data
Alqami will advise wannabe alternative data vendors on the value of their content, while TickSmith will provide the technology platform for them to sell it to potential clients.
Small Change, Big Challenge: Battling the Rising Tide of Data Notifications
With data notifications growing in volume and complexity, firms are finding it harder to keep track of these changes. Some vendors are looking to help.
RavenPack Adopts 'NLP-as-a-Service' Model with Focus on Firms' Internal Data
The news sentiment and analysis specialist wants to help banks tap into the datasets they sit on every day, but don't yet possess the capabilities to use.
Asset Managers Fear ESG Data Disclosure Gap
Investment firms need data to meet upcoming regulatory requirements. But corporates aren't making this data available in high enough quantity or quality.
Nasdaq, HKEx: Blockchain’s Disruptive Potential Overstated
Distributed ledger technology won’t replace existing exchange infrastructure despite potential for smaller use cases, say CEOs.
Waters Wrap: Goldman’s Marquee Move a Sign of Larger Industry Shift (And Refinitiv’s API Rebrand)
Anthony explores changing concept of a trading platform, and what that might mean for the future of tech development.
This Week: Tora, AcadiaSoft, Itiviti, Citi, Finastra, SEI & More
A summary of some of the past week’s financial technology news.
Wavelength Podcast Ep. 218: David Hardoon on AI's Unforeseen Challenges
David Hardoon was formerly at the Monetary Authority of Singapore and is now helping the UnionBank of the Philippines build out its AI strategy.
Investment Firms Turn to Alt Data as Historical Models Fail
Researchers say companies are exploring new datasets to plug gaps in analysis since the Covid-19 outbreak.
Refinitiv’s API Rebrand Rankles Users
Because of its acquisition and subsequent rebrand, Refinitiv is being forced to change instances of its old branding that remain embedded in many of its APIs. This might sound like a simple change, but end-users are worried that it could be a costly fix.