In addition to growing their cloud presence in the capital markets, Big Tech companies are, unsurprisingly, taking the lead on encryption and security in the cloud. Anthony sees positives and negatives. He also looks at bank-led consortiums.
Having signed a trio of new banks to its financial services-specific cloud, the computing giant is betting on cutting-edge technologies like confidential computing to entice banks threatened by big tech firms.
Sources say initiative is designed to fend off higher fees and disintermediation in case established multi-dealer platforms start trading CLOs.
IBM’s general manager of global banking joins to talk about challenges and opportunities surrounding public cloud adoption and containerization.
In this profile of the Intercontinental Exchange, Lynn Martin explains how the company’s ICE Data Services unit is creating a unified offering with fixed income data at its core, after a series of acquisitions that began with its purchase of IDC in 2015.
After its acquisitions of Red Hat and Promontory, IBM is looking to expand its footprint in the capital markets through containerization, as well as reg reporting in the cloud.
Anthony wonders if AML platforms are being scrutinized enough by banks and regulators, then looks at Wells Fargo's tapping of HPR for its quant division and Northern Trust’s blockchain plans.
An assortment of AI experts talk about various machine learning and NLP opportunities and challenges.
Waters Wrap: How Cloud, APIs, and Open Source Are Changing the World of Fintech (And Blockchain's ZTA Play)
Anthony looks at how the lines that have traditionally defined the world of "fintech" are blurring. Also, can blockchain help with ZTA's advancement?
Competing platforms could split the market for new issuance in Europe and the US.
Waters Wrap: Banks Increasingly Lean on Vendors for 'Moonshots' (And Office Space Concerns & Symphony's KYC Play)
Anthony says that plenty of innovative projects are currently underway in the capital markets, it's just that banks are relying more heavily on vendors for those moonshots.
Quants are using data on product returns and employee welfare to pick winners.
The emergence of Covid-19 and the ensuing global pandemic has had a major impact on the capital markets—especially for banks and their cash and liquidity management practices. Banks need to know whether they have sufficient liquidity on an ongoing basis…
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.
Some machine learning strategies have coped well, but others began to struggle as panic mounted.
This week's key people moves include former BofA CTO Howard Boville (pictured), who joins IBM Cloud as senior vice president.
Seismic changes in customer behavior are seeing machine learning solutions throw out false positives.
After a decade of supercharging low-latency applications, Wei-Shen Wong explores how FPGAs are pushing into new areas of the capital markets, driven by interest in AI & ML.
Capital markets firms are continually looking for new ways to package and visualize a rising tide of information. It turns out there’s another industry looking to handle the same challenge—the video game industry.
The bank's central data and technology group enables frontline ‘citizen developers’.
ICE Data Services says investors can access its reference data subscription later this year to build out their ESG strategies.