Recent studies reveal the prevalence of poor-quality data, exacerbated by increased use of machine learning that allows users to dredge far bigger datasets and identify spurious correlations.
The bank’s asset management arm believes that trawling its home waters for data will land a valuable catch. Risk.net’s Faye Kilburn speaks to the data scientist at its helm.
Some fear the prospect of artificial intelligence taking traders' jobs. But, explains National Bank of Canada's Alexis Gouslisty, AI's greatest opportunities are in transforming the way banks manage data internally and how they interact with clients.
Max Bowie reports from Toronto on Canadian firms' opinions of the challenges associated with using alternative data.
Wei-Shen Wong documents the rise of Asia-based chief data officers, and their place in the structure of both local and global firms.
Beaton brings to the new role 15 years of expertise in financial services program management, regulatory and risk oversight, and audit trail recovery and management.
The RSU-GoldenSource service will allow participating German regional banks to use a multi-tenant, shared model to serve the needs of most of their reference pricing data.
The bank is creating a new group tasked with finding data within its securities division that could be sold to clients.
The bank will use Big XYT's Liquidity Cockpit platform to provide deeper insight into the European equities liquidity landscape.
Officials say Guardian will be able to eliminate a number of "cumbersome" data management and compliance processes as a result of implementing NeoXam's solutions.
Barr has 30 years of industry experience, much of that time in market data and enterprise data management roles.
Antenna will shorten the time needed to evaluate new datasets, and allow BAM to begin using the data faster than its rivals.
Jones spent a combined 22 years at Barclays and UBS in data and technology management roles.
Officials say the move will make it easier for Canadian investors to identify investment opportunities and trade on OTC Markets in the US.
While blockchain has not quite lived up to its hype as the replacement for almost every part of the trading lifecycle, financial firms are finding it useful in managing some of the “less-sexy” and data-heavy processes that most firms have to carry out…
Raymond James is using Red Deer's Mifid II solution to help manage research consumption.
Implementing a new research tracking and valuation workflow based on Visible Alpha's tools will enable the firm to get better results from research relationships, as well as comply with Mifid II.
Finra says Citi's inaccurate ratings led to numerous porblems for portfolio manager clients and retail investors.
The UK-based fund manager selected the OTCFin-Morningstar joint service following a "rigorous" selection process and proof-of-concept, officials say.
ING says its new artificial assistant will help traders price bonds faster, more accurately, and more consistently. Joanne Faulkner reports on how the bank will wield Katana to combat rising RFQ volumes in electronic bond markets.
Between them, new CEO Roth and chairman Ascher have mor ethan 50 years of experience in financial markets and technology.
In addition to deals to supply its technology to BNP Paribas and Quincy Data, Enyx has annonuced a performance-boosting overhaul of its underlying FPGA platform.
The data and trading technology management veteran returns to the firm where he spent 11 years earlier in his career.
The firm has changed its relationship status with Microsoft Bing, saying that it finds more value in orthodox sources of data, reports Risk.net’s Luke Smolinski.