News
JP Morgan is testing quantum deep hedging
Researchers say the timeline has shortened for the use of models in production.
This Week: Tradeweb, LTX/AWS, Bloomberg and more
A summary of the latest financial technology news.
BloombergGPT: Terminal giant enters the LLM race
Bloomberg has developed a large language model with the aim of improving its Terminal’s ability to provide sentiment, charting and search.
Ion wasn’t deemed a ‘critical’ vendor by most clients
The software firm escaped heavy scrutiny ahead of its cyber attack, says a US Treasury official.
This Week: Esma, Crossover Markets, SteelEye and more
A summary of the latest financial technology news.
New chatbots reveal limitations of legacy API development
As large language models that underpin the likes of ChatGPT and Bard come to market, vendors and trading firms are starting to see the benefits—and challenges—that open APIs provide.
The buy-side burden: Capturing every document, everywhere, all at once
Ensuring that buy-side firms capture all relevant disclosures from funds—especially in the private markets—can be an onerous and costly task. Accelex is aiming to change that.
Broadridge rethinks the OMS
Through its partnership with Glue42, Broadridge is bringing together the best components of its agency trading and market-making solutions.
Ice exec rejects cloud for critical infrastructure
FIA Boca 2023: SVP Bland “can’t imagine” outsourcing critical infrastructure; DRW’s Wilson warns of concentration risk
High-frequency flap over CME’s Aurora data center
Exchange group’s migration to Google’s cloud could render HFT networks redundant
People Moves: ASX, GoldenSource, Octaura and more
A look at some recent people moves within the capital markets tech and data space.
This Week: MSCI/Alveo; Ice/Rozetta; market data pricing & more
A summary of the latest financial technology news.
One-fifth of CME clearing members hit by Ion hack
Advisory committee heard CFTC believed it could “play a more direct role” in cyber security practices
Women in Technology & Data Awards 2023: All the Winners and Why They Won
Here are the 33 category winners from the 2023 Women in Technology & Data Awards, announced at a sit-down lunch in London on March 10.
DTCC’s blockchain for CDS trades finds no takers
Sources say the industry is not yet ready to fully adopt wide-scale implementations of distributed-ledger technologies.
Citadel Securities, Jane Street battle fixed-income connectivity challenges with MultiLynq buy-in
Increased electronification of fixed income markets requires more connectivity, which entails greater costs for firms to connect to a growing list of trading venues.
This Week: Afme on T+1, Anna/Isin, McKay Brothers/Quincy Data and more
A summary of the latest financial technology news.
People Moves: Broadridge, Siepe, Tradeweb and more.
A look at some recent people moves within the capital markets and data space.
This Week: Opensee/Kepler Cheuvreux, Duco, Eurex/Trading Technologies & more.
A summary of the latest financial technology news.
Ion in the fire: three banks call in lawyers after hack
Banks are examining service-level agreements for possible breaches
Confidential computing won’t save you from data breaches—but it can help
A Google exec and a Stevens Institute director lay out the potential and the pitfalls of this emerging cloud computing technology for data protection.
This Week: Finos, Cboe Global Markets, Aiviq/Alliance Bernstein & more
A summary of the latest financial technology news.
Defendants in Cusip suit make their case for dismissal
Cusip Global Services and its affiliates have filed a joint motion to dismiss the anti-trust class-action lawsuit.
MSCI’s multi-cloud strategy aims to provide a new window into investment data
The MSCI One platform already runs on Microsoft Azure, and MSCI is building a new investment data platform on Google Cloud to utilize the search giant's AI and NLP capabilities.