Front-Office Tech
Bloomberg Enlists NLG to Write News Summaries
The data provider is using natural language generation to summarize news articles and write automated stories.
Qontigo Releases New 'Linked' Risk Model Covering Global Equities
The new offering blends existing Axioma risk models into a single, nuanced risk assessment.
Waters Wrap: Machine-Learning Models Suffer from Covid (And Exchanges in the Cloud, Pt. 2)
Anthony says that while machine-learning models have been hit-and-miss during the pandemic, NLP is taking on greater importance. He also looks at how exchanges are looking to move their core matching engines to the cloud.
Model Misfires Raise Questions Over Training Data
Quants wrestle with how far into the past their machine learning models should peer.
Aquis Slashes 'Jitter' in Cloud Project
In a recent proof-of-concept with AWS and SGX, Aquis demonstrated significant jitter reduction.
Nasdaq Looks to Contextualize ESG Ratings
The exchange's ESG Footprint converts ESG data into everyday metrics to show investors the impact of their portfolios.
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.
Ion-Broadway Merger Approved with Strings Attached
Broadway chief executive Tyler Moeller leads a consortium to buy the divested fixed-income business.
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.
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.
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.
Goldman Sachs Takes Aim at Interoperability, Analytics with Marquee Enhancements
The bank’s recent moves signal what could become a managed services offering, as Goldman further embraces cloud, open source, and APIs.
Broadridge Onboards Clients to Corporate Bonds Platform Set to Launch Next Year
The vendor's LTX platform leverages a neural network to navigate the complexity of the corporate bond market, and is expected to launch in the first quarter of 2021.
Citi Readies Price-Shock Detection System
Once the bot is in production, the D10X team will start scaling it beyond the oil trading team to other trading desks.
This Week: FactSet/Truvalue Labs, Euronext, Finastra/CloudMargin, DTCC, and More
A summary of some of the past week's financial technology news.
Covid-19 Disrupts Innovation in US Treasuries Market
The pandemic has caused setbacks in electronification and streaming in the US government bonds market.
Jefferies' Quant Team Builds Chatbot For Faster Equities Trading
In minutes, JEFQuants compiles information from multiple sources into a unique data package based on traders' queries.
Banks Rent Ready-Made Algos for FX Trading
NatWest, XTX Markets and others are developing new outsourcing models for tech.
On Democracy and Alt Data's Democratization: Preparing For the US Election
Advancements in modeling and the rise of alt data have made the process of prepping for the US presidential election more complex, but hopefully more accurate.
QuantConnect Brings Low-Code Principles to Quant Finance
Later this year the vendor is looking to allow users to clip together various components of an algorithmic trading strategy, making it easier for users with limited programming skills to build their own trading strategies.
Asset Manager Nuveen Builds New Data Platform to Integrate ESG Information
The TIAA company has developed its own metrics and partnered with provider Zaloni for a comprehensive approach to sustainable investing.
IEX Makes Expansion Bid as New Limit Order is Approved
The Investors Exchange is now looking to propose a second new order type for NBBO non-mid liquidity.