Although many banks and asset managers still prefer to build models in-house, off-the-shelf products are maturing.
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.
Buy-sider traders remain skeptical of the benefits of algo execution for credit derivatives.
The share of electronic trading in the market remains low, but a host of factors promise to change that for good.
A look at some of the key "people moves" from this week, including Andrew Polydor (pictured), who has been appointed head of global markets at TP Icap.
WatersTechnology looks at how 10 different firms are embedding machine learning algorithms into their platforms and tools.
This year, natural language processing came to the fore in capital markets, helping firms of all kinds parse huge, unstructured datasets.
This Week: Jyske Capital/SimCorp; Vestrata; NICE Actimize/FACEPOINT; Anna/Gleif; SS&C, ING, and more
A summary of some of the past week's financial technology news.
A look at some of the key "people moves" from this week, including Julia Hoggett (pictured) who has been appointed CEO at London Stock Exchange.
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 says that while machine-learning models have been hit-and-miss during the pandemic, NLP is taking on greater importance. He also looks at how exchanges are looking to move their core matching engines to the cloud.
Quants wrestle with how far into the past their machine learning models should peer.
The supporters of a plan for a federated cloud architecture in Europe held a conference to discuss development plans, but it’s still unclear how the concept will work in practice.
NatWest, XTX Markets and others are developing new outsourcing models for tech.
Ratings toolkit includes features to help investment teams grade securities and funds to meet sustainability mandates.
Use cases for quantum computing are piling up—from CVA to VAR. But so are the obstacles
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.
A look at some of the key "people moves" from this week, including Sarah Wang (pictured), who has been appointed head of structuring Americas at BNP Paribas.
Anthony explores how Snowflake is trying to win over business in the cap markets, talks about the reference data space, and examines a new breed of data vendors.
The asset manager is teaming with a vendor on the project, which will first be used for equities trading before moving to corporate bonds.
Quants are using data on product returns and employee welfare to pick winners.
A look at some of the key "people moves" from this week, including Hester Serafini (pictured) who has been appointed president at ICE Clear Europe.