News
Goldman Sachs Exec: Markets Still Too Complex for AI Trading
Humans, and not robots, will still be required for the foreseeable future, say trading vets.
Buy-Side Firms Turn to AI for Efficiency Amid Barriers to Adoption
Assuming that automated artificial intelligence holds the key to unlocking fragmented datasets, the absence of standardized models coupled with regulatory concerns remain barriers to adoption.
Intrinio Raises $5 Million for Data R&D, Institutional Push
The St. Petersburg, Fla.-based vendor will use the funds to expand its data coverage and increase its footprint in the institutional investor space.
Swift Names Pérez-Tasso CEO
Pérez-Tasso will take over from current CEO Gottfried Leibbrandt, who will step down in June.
Collibra Cages Lyons for Data Security
Lyons will oversee Collibra's efforts to establish greater information security practices around firms' data governance processes.
HPR Rolls Out Centralized Trading Infrastructure CRM-X
CRM-X uses cloud-like technology to trade and consolidate capital across markets.
INTL FCStone Mulls Outsourced Trading Offering
The company also launched its new prime brokerage division aimed at small to mid-sized funds.
News ‘Flash’: MT Newswires, ICE Give Clients Early Look at Stories
By distributing stories prior to performing its full editing process, MT Newswires can give ICE clients several crucial minutes of exclusive advantage, compared to mechanical latency improvements that might deliver mere fractions of a second.
Ethereum Group Launches Token Standards Drive
The initiative seeks to create common language around tokens to foster wider adoption among institutional investors.
Eagle Alpha Swoops on Data Vet Richards
The 35-year industry veteran will advise the vendor on product, strategy and business development.
Due Diligence Body IDDO Adds Silitschanu to Board
The former analyst and capital markets advisor will help steer the standards organization's vision and growth.
Banks and Bourses Increasingly Combine Cloud, AI for Data Projects
The combination of the two technologies is bearing fruit for firms struggling with legacy architectures, but education and talent remain tough obstacles to overcome.
Cusip Promotes Market Data Product Pro Bastian
As senior director of market development, he will spearhead the national numbering agency’s foray into DLT.
Digital Asset Opens Smart Contract Language to Other Blockchains
VMware blockchain and Hyperledger Sawtooth begin support of DAML on their platforms.
ParFX Plans Push into Derivatives
The trading platform has snapped up a MIC code as it ponders whether the growing market segment needs a ParFX model.
Sell-Side Technology Awards 2019: All the Winners and Why They Won
This year's SST Awards were held on the afternoon of April 12 in London. Here are this year's 31 category winners.
Data Standardization Remains Top ESG Roadblock
As asset managers seek to incorporate ESG factors into their portfolios, they are facing challenges—particularly around data consistency. Some say custodians could offer solutions.
GoldenSource Taps Trading, FinTech Vet Pulandaran
Pulandaran will continue to drive Asia-Pacific's status at the fastest-growing region of GoldenSource's business, officials say.
TP Icap Nabs Ex-Nex Exec as Data CTO
London-based Anderson will be responsible for overseeing construction of a pipeline of new data and analytics products.
Horizon Plans Enhancements to Algo Framework
New modules will allow users to modify certain aspects of algorithmic code.
Standards Leaders Set Sights on Upper-Level Ontology for Industry
TC 68 chair sets 2020 goal for industry-wide upper-level semantic ontology.
Torstone Buffs Middle-Office Bona Fides with Percentile Buy
Torstone will add a risk management component to its post-trade platform through its acquisition of the vendor.
M Science Rolls Out Weather Data, Visualization Tools for Portfolio Managers
M Data Viz provides granular data on weather events by state and region to support investment processes.
TRG Screen Splits Technology, Product Roles, Names New CTO
Splitting out the vendor's development and product functions will help the company scale as it accelerates its growth, officials say.