Buy-Side Technology
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.
Snowflake Looks to Tackle Data Problems of Asset Managers, Exchanges
Snowflake is already working with the New York Stock Exchange on how to make its data easier to access for the pair’s overlapping clients.
BNP Paribas AM Combines NLP, ML for Sentiment Indicators in News Data
The asset manager is teaming with a vendor on the project, which will first be used for equities trading before moving to corporate bonds.
Waters Wrap: Unintended Consequences & AI Regulation (And Mobile Trading Reg & BERT NLP)
Due to the pandemic and rapid advancements in the fields of AI and mobile technology, regulators in the US and Europe have unique challenges on their hands.
Wavelength Podcast Ep. 209: Previewing the Innovation Exchange
Wei-Shen and Tony are joined by Jo Wright and Max Bowie to discuss office-space issues, ESG's development, and innovation in Asia.
Mosaic Readies Data Analytics Mobile App
The vendor is focusing on adding an Alexa-like digital assistant feature to the application.
EU's AI Regulations Could Lay Blame With CTO
Jo wonders if the EC's approach to regulating AI could adapt existing liability laws—with implications for individuals.
IHS Markit to Add About 1 Million Analyst Reports to its Data Lake
IHS Markit uses Google’s transformer-based model BERT and a combination of classification and extraction techniques to determine what the documents mean and summarize them.
Waters Wrap: Banks Increasingly Lean on Vendors for 'Moonshots' (And Office Space Concerns & Symphony's KYC Play)
Anthony says that plenty of innovative projects are currently underway in the capital markets, it's just that banks are relying more heavily on vendors for those moonshots.
IPC Looks to Partner with Additional Transcription Service Providers
The comms and networking provider is expanding its service after partnering with OpenFin.
Symphony to Make KYC Play as Part of Ongoing Rebrand
The chat and collaboration platform will tap into the trade and client lifecycle management spaces, beginning with an identity management service.
BNY Mellon, Deutsche Bank to Extend FX API for Indonesia and India
The two are working out the necessary regulatory, tax, and documentation needed to provide custody services for foreign exchange transactions in the two countries.
Moonshots Shelved: Banks Spend on Home-Working Tech
Senior technologists from UBS, Deutsche Bank, Nomura, SocGen and others discuss where their tech spend is being directed.
Waters Wrap: The NEX Brand Slowly Disappears (Plus Market Data Fights & AI Integrations)
Anthony looks at what's become of NEX since the CME acquisition, as well as discussions over odd lot reform and S&P's Kensho implementation.
This Week: IHS Markit, Vela, Euronext, ASX, Essentia & More
A summary of some of the past week’s financial technology news.
Wavelength Podcast Ep. 207: Vaccine Tracking and Other Alt Datasets
Wei-Shen and Tony talk about alt datasets relating to the pandemic.
Bloomberg Adds New NLP Capabilities to TOMS
The tool allows traders to search their own data to find trade information specific to them.
Avelacom Claims Fastest Nasdaq-Brazil Route for Data, Trading
Avelacom's CEO says the 18-month project was one of the hardest ever undertaken by the company due to challenges related to doing business in Brazil.
Aquis Exchange Progresses with NEX’s Tech Migration
The exchange initiated the tech overhaul after realizing some of the NEX platforms were “out of date” and “terrible”.
ActiveViam Embraces Python for its In-Memory Database
The vendor is building off its April release of an enrichment tool for Python notebooks.
Vaccine Tracking Data—The Next Big Alt Dataset
Investment firms and vendors are searching for signals in healthcare and pharmaceutical data in a bid to get a leg up on a Covid-19 vaccine.
MayStreet Ramps Up Fixed Income Data in Major 12-Month Expansion Plan
After acquiring a raft of US Treasuries market data, the vendor plans to round out its fixed income coverage, then turn its attention to other asset classes over the coming year.
Causality Link Building Next-Gen ESG Dashboard
The research provider will release a dashboard that decouples and drills down into the E, S, and G factors of ESG.
RFA Taps AI for Managed Data Services Platform
Cloud data platform includes fully managed warehousing, ingestion, and analytics, with AI-enabled security functions.