News
This Week: State Street/Microsoft; Refinitiv/Global Relay; SimCorp/Anima; TSE & More
A summary of some of the past week's financial technology news.
How Sarson Strover’s Outsourcing Policy Averted Virus Disruption
The newly fledged UK hedge fund has outsourced its portfolio management tech and operations to third parties, a move that has helped it through the coronavirus pandemic.
Symphony Unveils Secure Videoconferencing for Financial Services
Officials say Symphony's offering addresses the security and compliance shortfalls of other videoconferencing platforms being used in the absence of face-to-face meetings.
Wall Street Horizon Adds Impact Measures to Earnings Dates
The vendor's Datebreaks dataset now provides measures of the standard deviation of an event change versus a company's historical pattern of scheduling earnings dates.
CloudMargin Makes Key Hires Despite Coronavirus Uncertainty
The London-based collateral management solutions provider says expansion is a strategic business decision.
Gresham Technologies Expands Use of RPA for Reconciliations
The vendor's CTO says automation capabilities embedded within the company's Clareti platform can help with repetitive tasks.
Tellimer Group Launches New Insights Platform
The platform will use natural language processing to deliver curated research from analysts covering emerging markets.
Bloomberg Enhances Mapping Tool to Track Covid-19 Impact
The data giant is releasing regional features and functionality to more closely monitor the coronavirus across companies and sectors.
People Moves: IBM Cloud, CoinShares & Seaborn Networks
This week's key people moves include former BofA CTO Howard Boville (pictured), who joins IBM Cloud as senior vice president.
Itiviti Aims to Speed Up Bloomberg SSEOMS Migration Process
The vendor expects to have the first migration projects, which were signed in the third and fourth quarters of 2019, completed by the third quarter of this year.
This Week: LSEG Technology; SIX/Nasdaq; FTSE Russell/JSE; & More
A summary of some of the past week's financial technology news.
Morgan Stanley’s AlphaWise Uses Alt Data to Track Coronavirus
The bank’s research business is using artificial intelligence, traditional consumer surveys, and visualization techniques to monitor the impact of Covid-19.
TP Icap Debuts Next-Gen Feed to Support Data Expansion
The new feed will provide the framework to support new data types that the broker plans to make available later this year.
State Street Incorporates Charles River into Outsourced Trading Service
State Street will also integrate BestX equity TCA into its outsourced trading desk.
Citco Migrates Accounting Platform Clients to AWS
The firm plans to complete the migration by the end of summer, as it learns from prior rebuilds.
S&P Global Adds Machine-Readable Data Tool for SEC Filings
The service will be released through its Market Intelligence unit. The same unit will also launch a new data platform in May.
ChartIQ Connects to the Bloomberg Terminal Connect API
The integration will allow for efficiency gains and risk reduction for users of the Finsemble app interoperability platform and the Terminal.
Mosaic to Launch Mobile Version of Data Analytics Platform
The functionality is already available for tablets, with the cell phone version expected in the third quarter.
AI Fraud Systems Frazzled by Covid-19
Seismic changes in customer behavior are seeing machine learning solutions throw out false positives.
STAC Preps Benchmark Expansion to AI, Analytics
By benchmarking the performance of AI systems, STAC will help firms identify best-of-breed components for creating platforms with the best overall performance.
Former HSBC Transformation Head: Weathering the Crisis as a Start-Up
This is a difficult time for most businesses, but start-ups are particularly vulnerable as they struggle to manage cash flow.
Truvalue Labs to Launch Coronavirus ESG Monitor
The dashboard, which goes live later this week, is a free online resource that includes tracking how the pandemic is affecting ESG factors.
People Moves: AWS, DTCC, Refinitiv, CloudMargin and More
A look at some of the key recent 'people moves', including Adam Honore (pictured) who joins Amazon Web Services from CME Group.
Sluggish Back-Office Systems Added to Margin Pressures
Systems supplied by FIS struggled to handle a massive spike in March trading volumes, according to multiple sources.