Back-Office Technology
MarketAxess Acquires Deutsche Börse Regulatory Reporting Estate
The market operator will acquire the exchange’s entire log of client contracts and obligations.
Slow Road to Consensus: CFTC's Behnam Talks Climate Risk
As CFTC commissioner Rostin Behnam’s report on climate risk to the financial system is published, WatersTechnology speaks to Behnam about data, greenwashing, and gaining support in Washington.
Low-Code Movement Gains Converts, but Skeptics Remain
What if you could create your ideal, fully-functional application without writing a single line of code? With low-code and no-code platforms, you can—with a catch … or two, or three, or four.
SocGen Builds Serverless-Code Environment, Explores Virtualized Computing
The Paris-based bank has developed a coding environment to help democratize tech development, and is exploring virtualization.
S&P Global Introduces 10 Million Private Company Profiles to Market Intelligence
The new datasets mark a milestone in the company's multi-year strategy to allow investors greater access to small and medium enterprise companies.
Digital Rights Project for Data Usage Faces Legal, Operational Hurdles
Keen to trim the resources they expend on interpreting licenses, investment firms are exploring how they can turn data agreements into machine-readable code. Doing so is fraught with challenges.
Bank Execs: Covid’s Tech Challenges Handed ‘Big Wins’ to Automation, AI
Emerging tech is proving its worth since the Covid-19 outbreak, and are swaying skeptics towards even greater adoption, panelists said.
ASX Presses Forward with DataSphere Buildout
The initiative's aim is to capture more of the exchange's internal data to commercialize that useful information for the investment community.
Morgan Stanley and EPAM Systems Contribute to Finos Open Source Movement
Morgan's Morphir offering is a transparency and efficiency tool for both users and developers; EPAM's GLUE is aimed at the buy side.
Isda 'Create' Marks Important First Step Toward Smart Contracts
WatersTechnology goes inside Isda Create to see how the organization is aiming to bridge the gap between the worlds of paper contracts and legal data.
Trust Issues: As Zero-Trust Architectures Mature, Bank Infrastructures Face 'Growing Pains'
Coronavirus has heightened the need for IT and data security, exposing areas for potential improvement. One option is to lock down sensitive areas using a practice called Zero-Trust Architecture, which offers a host of benefits, but brings with it some…
Does Your Board Have Zero Trust?
Financial firms’ boards are increasingly taking a more hands-on role towards IT security—thus driving adoption of important new security measures for their firms and the industry as a whole.
This Week: IHS Markit, SGX/HSBC, LedgerX, TNS, TraditionData and more
A summary of some of the past week's financial technology news.
EKG Foundation Preps Industry Consultation, Touts Benefits of Knowledge Graphs for Capital Markets
EKGs will allow financial firms to take advantage of new and existing datasets to serve purposes from upselling, AML and KYC, and regulatory reporting.
ACA Compliance to Make Flagship Platform More Customizable
ComplianceAlpha is a compliance and risk management platform that also provides trade surveillance and cybersecurity capabilities.
Dealers Vie with IHS Markit to Electronify Bond Issuance
Competing platforms could split the market for new issuance in Europe and the US.
European Commission Picks FactSet for Risk Data
The EU authority is buying three datasets from the vendor, which it will use to track supply chain risk in the single market.
Waters Wrap: Snowflake Makes its Move (And Ref Data Headaches & Data-Sourcing-as-a-Service)
Anthony explores how Snowflake is trying to win over business in the cap markets, talks about the reference data space, and examines a new breed of data vendors.
This Week: SGX/Cassini, UBS/GitLab, QuantConnect & Snowflake
A look at some of the past week's financial technology news.
EOSE Preps Bespoke Data Sourcing Service for Financial Firms
The move is in response to inbound demand from firms seeking hard-to-find datasets.
Barclays Proposes New Taxonomy for Digital Tokens
The UK bank argues that a common approach to classifying tokens is needed to prevent regulatory arbitrage.
Clearwater Analytics to Roll Out New Performance, Risk Modules for Flagship Platform
The modules, which use machine learning to derive predictive insights, are scheduled to go live in Q1 2021.
SteelEye Unveils Tool to Slash Trade Reconstruction Timeframes
Officials say the new product will enable firms to aggregate and correlate the data required to fulfill trade reconstruction obligations within seconds.
Covid Could Cause US Regulators to Rethink Surveillance
Not having specific requirements and procedures for firms to refer to ended up putting some funds in a tough place during the pandemic’s early days.