Barron-DiCamillo also urges regulators to work with industry best practice, not against it
The federal judge presiding over the ongoing class-action suit against Cusip Global Services, S&P Global, FactSet, and the American Bankers Association, has dismissed all complaints against the defendants except one alleging the quartet violated Section…
AI is having a moment, and data vendors and software providers are seizing on it. Some are building models in-house, while others are looking to third parties to power their strategies—but the focus is largely on productivity and faster data access…
Generative AI has plenty of uses in finance, but banks must first overcome compliance headaches
A summary of the latest financial technology news.
Six months on from its Microsoft tie-up, LSEG is optimistic about creating a trusted directory for the financial services industry. But it has competition.
The EU has finally reached a compromise on a consolidated tape. But Theo wonders if it is too little, too late.
Bloomberg has built an app in Snowflake’s cloud framework that will make it simpler and faster for Snowflake clients to populate their cloud-hosted tools with Bloomberg data.
While large language models are likely to proliferate, those that can develop a solid data infrastructure of taxonomies, ontologies, data sourcing, mapping and lineage will be the ultimate winners, Anthony says.
Data mapping and getting historical time series data are among the challenges banks face in conducting calculations necessary for FRTB. But they have help.
Accounting, data, and analytics offerings make up part of Aladdin's strategy to become everything to everyone.
Open-source wrappers like MLflow, though useful and popular, highlight the risks hidden beneath these models.
In the wake of the Ion hack, regulators are pushing for firms to beef up their cyber defenses. Anthony says that they'll need to mind their words and tread carefully, as cloud, machine learning and open source take off.
There are several ways to migrate an old legacy system to the cloud, but there's always a trade-off.
Neema Raphael, CDO and head of data engineering for Goldman Sachs, explains what he believes it means for a firm to be data driven.
Execs from BlackRock, BMO, and Ness Digital Engineering discuss the balancing act of the wildly shifting priorities each of their organizations contend with every day.
Financial firms can’t afford to treat data governance as a one-off, check-the-box exercise. Instead, senior data management execs say, it should be treated as an ongoing series of regular health checks.
Execs from Google, LSEG and NYSE discuss how exchanges are beginning to leverage the true potential of the cloud.
With electronification and tech development increasing in fixed income, participants are looking for better data access in the primary market for corporate bonds.
Vendor consolidation has given more to power to those who already hold the most power in the US. Can overseas providers who’ve already succeeded in smaller markets bring back competition?
The AMF’s move has left industry observers wondering if this will lead other regulators in Europe to follow suit.
Anthony says Numerix’s acquisition of Fincad is indicative of where technology development in the capital markets is heading.
Demand for alternative data continues to grow among investment firms. So why are some alt data providers taking products off the market?
As the parties involved in the Cusip lawsuit wait to see whether the case will proceed to trial, Reb discusses what it might mean if the defense's claim that the case has no legal merit is true.