Brown Brothers Harriman
Europe is counting its vendors—and souring on US tech
Under DORA, every financial company with business in the EU must report use of their critical vendors. Deadlines vary, but the message doesn’t: The EU is taking stock of technology dependencies, especially upon US providers.
Can the EU and UK reach T+1 together?
Prompted by the North American migration, both jurisdictions are drawing up guidelines for reaching next-day settlement.
The Waters Cooler: ‘Tis (almost) the season
Outer-space datacenters, a bumper week for data product announcements … and did I mention that I sing?
Old dogs and new tricks at Brown Brothers Harriman: Meet Kevin Welch
After two decades of working for the oldest private bank in the US, Welch has mastered keeping his balance—change and stasis, humans and artificial intelligence, work and play.
All eyes turn to North America as T+1 arrives
As T+1 settlement becomes a reality in North America, long-lingering questions will get their answers.
This Week: BBH, AllianceBernstein add data solutions, Deutsche Börse-Nodal Exchange, and more
A summary of some of the latest financial technology news.
This Week: Brown Brothers Harriman, BNY Mellon/Nvidia, Cboe, Eurex, and more
A summary of the latest financial technology news.
People Moves: Chatham Financial, BBH, Isda, and more
A look at the past month’s people moves in the capital markets technology and data space, including Michael Young (pictured), who becomes Chatham’s new chief product and technology officer.
Trade reporting challenges require data re-think
Data accuracy issues are hampering some firms’ regulatory reporting abilities. So why aren’t data professionals more involved? And how can compliance costs be turned into revenue drivers?
Alliances and experiments: Trading firms get innovative in 2023
Rebecca offers a recap of the year's most notable technology use-cases led by sell-side and buy-side institutions.
From ChatGPT to BloombergGPT: In capital markets, who can make the most of large language models?
Capital markets are no strangers to hype machines. Among the buzz around generative AI, Nyela wonders who will be best suited to take advantage of the technology and deliver the right use cases to Wall Street.
AI proves helpful for banks facing new cash penalties for settlement failures
According to one report, banks have been hit with penalties of up to €5 million per month under new CSDR settlement rules. As a result, banks are turning to AI to help.
Brown Brothers Harriman unifies busy suite of AI products
It’s a new world, contend BBH’s Kevin Welch and Josh Fine. After a few years of experimentation that yielded several AI products for the bank and its clients, it was time to put the puzzle pieces together to serve a different way of working post-Covid.
Machine learning & NLP in the capital markets: Some examples from 2021
To show how ML and NLP are spreading across the industry, WatersTechnology highlights 20 stories from the last 12 months that feature unique uses of AI.
Waters Wavelength Podcast: State Street’s COO on acquisition strategy
Lou Maiuri, chief operating officer at State Street, joins the podcast to discuss State Street’s acquisition of Brown Brothers Harriman’s Investor Services business.
Waters Wrap: Some random thoughts about Big Tech disruption and M&A in Q4
Anthony looks at what he thinks will be the biggest topics during the last quarter of 2021.
Brown Brothers Harriman continues AI ‘transformation’ of fund accounting unit
A new tool that helps business users test and validate their own POCs is set to join the bank’s ranks alongside its other AI projects implemented over the last two years: Linc, Guardrail, and Ants.
ThisWeek: Glue42/Deephaven Data Labs, Brown Brothers Harriman, Dash Financial and more
A summary of some of the past week's financial technology news.
Leveraging Interconnection and the Cloud for Faster, Smarter Business Decisions
How the Covid-19 pandemic accelerated the digital transformation and the move to cloud-based services for capital markets firms, and the extent to which such offerings will continue to find traction across the industry.
Waters Wrap: Machine-Learning Models Suffer from Covid (And Exchanges in the Cloud, Pt. 2)
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.