Operations
Moody's Acquires Buy-Side Risk Analytics Platform RiskFirst
The deal will help Moody's expand its pension-fund footprint in the UK, and for RiskFirst to expand in the US.
Deutsche Bank Develops Bot to Automate Parts of OTC Workflow
The already-developed bot is now awaiting incremental testing before it goes into production within six months.
With Initial Margin 'Big Bang' Split, Tech Preparations Could be Impacted
As the final phase of the IM implementation for non-cleared derivatives has been split into two parts, questions emerge on whether tech preparations will stall.
Northern Trust Looks to Facial Recognition for KYC
The firm is experimenting with the technology, which is slowly being rolled out at retail banks and big tech companies.
People Moves: Deutsche Bank, MarketAxess, Calastone, tZERO, RapidAddition
A look at some of the key "people moves" from July 15-19, including Neal Pawar (pictured), who joins Deutsche Bank.
Universal-Investment Explores AI to Develop ESG Services
The administrator is looking at how artificial intelligence can be used to extract online sentiment and create customized alternative data services to attract clients.
Botswana Stock Exchange To Replace LSEG's Settlement System with CMA
The exchange will change its settlement system to Sweden-based CMA as it looks to add new features.
Trulioo Expands Into Emerging Markets, Taps Into Mobile Data For AML/KYC
The vendor plans to use mobile data for KYC in Southeast Asia.
The AI Ethics Dilemma: Banks Find a Fine Line Between New Tech and 'What's Right'
Finance firms and regulators are beginning to assess the ethical implications of artificial intelligence.
Pico Looks to Expand Network Analytics for Outsourced Trading
Pico's newest acquisition brings real-time analytics to its managed-network environments.
People Moves: Xceptor, BIS, CFTC, Deutsche Bank, Tradewind, Dalzell
A look at some of the key "people moves" from July 8-12, including Alexandre Tombini, who joins BIS.
Machine Learning as a Tool: What Is Your Problem?
The call of artificial intelligence and machine learning is alluring. However, Wei-Shen says they can be tough to deal with, especially when shooting at invisible targets.
Mizuho Finds New Ways to “Activate” its Data Using AI
The Japanese bank has already automated handwritten form processing and is experimenting with AI to make use of its unstructured data.
State Street Explores Deeper Data Integration with Charles River
The bank is looking to create a single security master so the same data flows through the system.
Outsourcing Takes to the Front Office
Fee compression and regulations have forced some asset managers to rethink what is core to their business, including the trading desk. Enter the outsourced trading desk.
Xignite Taps Xpansion’s Xmon Tool for Web Services Data Monitoring
Vendors say their integrated solution will deliver significant data cost savings for firms by implementing usage tracking and controls.
3di Adds Alternative Data to Market Intel Product
The EDM company is adding over 300 new vendors to its tool for clients looking to make sense of the alternative data landscape.
Northern Trust Adopts Cloud DevOps Framework
Waters Europe: The firm has developed a recent front-office application in its DevOps cloud, but mustering the courage to invest in new tech and development processes is a consistent internal battle, says CIO.
Bank of England’s Ambitious Look at Regulatory Reporting
As the regulator looks at new ways to handle data, there are still a lot of paths to consider.
Desktop App Interoperability: On the Front Lines with RBC and OpenFin
Anthony Malakian spent several weeks with RBC Capital Markets and OpenFin to see how desktop app interoperability works in motion.
As Blockchain Projects Sputter, Capital Markets Firms are Having Second Thoughts
WatersTechnology examines some of the disillusionment permeating the capital markets when it comes to blockchain.
People Moves: Tradition, Glue42, DataRobot, SEC, Tora, BTON, Chainalysis
A look at some of the key "people moves" from June 24-28, including Rob Hegarty, who joins DataRobot.
Exegy Sues Activ Financial: The Problem with Patents
Max Bowie recalls some hit-and-miss patent cases from the past two decades, and what this one might mean for the future.
The KYC Headache Worsens: An Examination of the Onboarding Process
Despite technological advancements, the onboarding process is still a slog. Banks and vendors are trying to change that.