News
EBA to consult on banks’ machine learning use
The watchdog will set out a new stance on ML-based capital models at a time of conflicting guidance from other supervisors.
Symphony taps Google for cloud, AI, data-sharing tools
By leveraging Google’s AI and data-sharing capabilities, Symphony is strengthening its ties with the tech giant, which is also an investor in the platform.
People Moves: BNY Mellon, BNP Paribas, Liquidnet, and more
A look at some of the key "people moves" from this week, including Winnie Chen (pictured), who joins BNY Mellon as APAC head of treasury services.
This Week: FactSet, Six, Nordic Capital, State Street, SmartStream, and more
A summary of some of the past week’s financial technology news.
Waters Rankings 2021: All the Winners and Why They Won
Here are all 35 category winners from this year's virtual Waters Rankings.
Goldman tackles climate risk controls
Lender joins other banks in translating physical and transition threats into controls framework
UBS AM builds model for quantifying greening of heavy industry
The asset manager's quant research arm, QED, has published a framework for valuing companies in industries like cement or steel that transition to more sustainable tech.
Accenture wins contract for Esma’s big data analytics project
The consultancy will provide on-demand tooling for analyzing data collected from Data Reporting Service Providers.
Banks and HFTs team up to solve exchange outage dilemma
There are hopes that a ‘gentlemen’s agreement’ between industry participants can break the first-mover disadvantage for liquidity providers.
SF quant firm uses 'nearest neighbor' machine learning for equities predictions
Creighton AI is using a regression-based approach to machine learning to help make predictions about the excess return of a stock relative to the market.
People Moves: NomadData, Credit Suisse, Saxo Bank, Broadridge, and more
A look at some of the key "people moves" from this week, including Justin Manikas (pictured), who has been appointed vice president of partnerships at Nomad Data.
This Week: BNY Mellon/Milestone Group, IHS Markit, Broadridge/China Renaissance, and more
A summary of some of the past week’s financial technology news.
A blockchain believer: Broadridge looks to expand its DLT influence
The market infrastructure provider has rolled out its blockchain-based repo transaction platform with plans to further build on the emerging technology.
Rimes shutters market surveillance business amid strategy overhaul
The data management firm is undergoing a multi-year program to unravel its surveillance business, as it looks to throw its weight behind its flagship data offerings.
ASX automates corporate actions with issuer forms
The exchange group has completed the multi-year program aimed at standardizing data capture and message delivery using the ISO format.
AML models face explainability challenges
Data gaps and potential biases must be accounted for in approaches to tackling money laundering.
People Moves: BMO, Drawbridge, FinLync, GoldenSource, and more
A look at some of the key "people moves" from this week, including Lindsay Black (pictured), who has been appointed managing director of strategic initiatives in BMO's data & analytics group.
This Week: Oracle/Deutsche Bank, Northern Trust, Charles River, Simcorp, and more
A summary of some of the past week’s financial technology news.
New entrants want to feed bond market’s hunger for data
In the absence of a consolidated tape for debt securities in the EU, vendors with different approaches to distributing fixed-income market data are emerging.
Obituary: Telerate founder Neil Hirsch dies at age 74
Former employees praise the kind and caring CEO who made millions from data but still knew staff by name.
Brown Brothers Harriman continues AI ‘transformation’ of fund accounting unit
A new tool that helps business users test and validate their own POCs is set to join the bank’s ranks alongside its other AI projects implemented over the last two years: Linc, Guardrail, and Ants.
People Moves: Anna, Cowen, UBS, HKEx, and more
A look at some of the key "people moves" from this week, including Slawomir Zajac (pictured), who will represent Krajowy Depozyt Papierów Wartościowych SA on the Anna board.
This Week: Symphony, Digital Asset/Nasdaq, State Street, Finos & more
A summary of some of the past week's financial technology news.
EC drafting proposal for derivatives consolidated tape
Commission official says beta version ready for testing in 2023 will also include equities, bonds and ETFs