News
Experts Warn on Buying into Regtech Hype
Long-term views and collaboration, rather than flashy tech, is the key to a successful program of compliance, panelists at BST Europe say.
Goldman Sachs Exec: While Valuable, Alternative Data Still Poses Challenges
There is no "golden nugget" of information that will unlock value; the entire workflow is important, according to Goldman Sachs' Javier Rodriguez-Alarcon.
Axioma, Abel Noser Partner for Liquidity Reporting Solution
The solution will be integrated into Axioma's end-to-end regulatory reporting platform.
Dirty Data Poses Problems for AI's Development
Buy-side CTO warns of fake data and biases, while stressing the need for compliance surveillance, in the world of AI technology.
Cloud Security Turns from Road Block to Selling Point for Asset Managers
The increasing sophistication of security operations at cloud providers are outstripping what small firms can do in-house, buy-side executives say.
ESG Data Specialist TruValue Labs Secures $13.6 Million in New Funding
The San Francisco-based company will use the investment to expand its language coverage and its AI-driven predictive analytics.
Germany’s RSU Taps GoldenSource for Shared Landesbank Data Service
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.
Don't Overstep the 'Creepy Line' When It Comes to GDPR
ING data chief says as firms comply with GDPR, they must be ethical when interacting with client data, especially as they incorporate more AI tools.
Neudata Adds Ex-Goldman, Euromoney Exec Scibor-Kaminski
Officials say Scibor-Kaminski will be instrumental in the development of original alternative data products.
TP Icap Merger Unearths Treasure Map of Regional Data Packages
Release of Scandinavian and Pacific data packages represents a new approach for TP Icap, moving from asset class-specific data packages to regional products.
Asset Control Lures Back Wolaver as Americas MD
Nathan Wolaver returns to Asset Control to lead American business operations.
Broadridge Gets Patent for Proxy & Repo Blockchain
The patent covers the process of proxy and repo processing through a permissioned blockchain.
Ayasdi Partners with Navigant to Grow its AML Offering
The collaboration will be geared toward developing services that employ both AI and ML techniques to spot fraud, while helping banks with their development roadmaps.
Ex-Expand Exec Watson Joins Appsbroker
Before running data consumer forums and benchmarking activities at Expand Research, Watson also worked at Thomson Financial and Market News International.
Goldman Builds Team to Sell In-House Alt Data
The bank is creating a new group tasked with finding data within its securities division that could be sold to clients.
Metamako Cements Firewall for Low-Latency Data Filtering, Logging
MetaProtect Firewall targets customers seeking a layer of security that also meets ultra-low-latency and high-port-density needs.
DTCC Announces First Phase of Settlement Exposure Reduction
DTCC will focus on settlement optimization, looking to reengineer how it processes trades before end of day.
Numerix Deploys Oneview on OpenFin’s Operating System
Numerix is an early adopter of OpenFin’s push to create industry-wide desktop app interoperability.
CFTC's Budget Cut Constrains Crypto Oversight, Market Resiliency Activities
A higher budget, on the other hand, could bring in extra staff to monitor clearinghouses and fraud manipulation in crypto markets, says CFTC commissioner Quintenz.
NovaSparks Bows Data Compressor to Boost Microwave Throughput Rates
The conflation feature will help clients sent more data than previously possible over ultra-low latency microwave networks.
Sberbank's Weller Joins Saxo Bank as Middle-East Chief
Copenhagen-headquartered bank appoints former Sberbank managing director for top role.
Xceptor Appoints Cooper CFO
Data automation vendor Xceptor hires Sharon Cooper as CFO and Shaleen Dastur as US sales director.
Burton-Taylor Adds Analysts to Boost Research
The pair will contribute to developing and creating new research as the firm increases its areas of coverage beyond market data industry share statistics.
IBM Buys Armanta to Bolster Financial Risk Offering
Armanta will be deployed within IBM’s Watson Financial Services’ financial risk unit, which grew out of the tech giant’s acquisition of Algorithmics.