Deutsche Bank
Generative AI is changing debate on explainability, says Deutsche
The bank’s innovation head says observability can aid regulatory acceptance.

Quants look to language models to predict market impact
Oxford-Man Institute says LLM-type engine that ‘reads’ order-book messages could help improve execution

This Week: FIX; DLT report; reporting fines; derivatives tech; startups and more
A summary of the latest financial technology news.

The loan market has a new identifier, but the path to adoption isn’t clear
The CEI aims to bring interoperability to loan trading, but it’s entering a market dominated by a long-standing incumbent.
BoE model risk rule may drive real-time monitoring of AI
New rule requires banks to rerun performance tests on models that recalibrate dynamically.
Citi cyber chief says AI providing new weapons in hacking wars
Barron-DiCamillo also urges regulators to work with industry best practice, not against it
This Week: DSB, Deutsche Bank, McKay Brothers, and more
A summary of the latest financial technology news.
Clients versus compliance: banks hung up over WhatsApp fines
Most opt for outright ban, but some seek technological solutions to monitor private messaging.
People Moves: DTCC, Torstone, Nasdaq and more
A look at some recent people moves in the capital markets technology and data space.
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.
All the pieces fit: connecting trader voice and messaging across workflows
Cloud9 expands Symphony's communication channels to trader voice, in an effort to simplify workflows as Wall Street struggles with compliant communications.
People Moves: Northern Trust, Deutsche Bank, SS&C, STP Investment Services & more
A look at some of the key people moves from this week, including Michael Buzza (pictured), who becomes Northern Trust's new global head of Network Management and Market Security
As APIs go mainstream, good management is key
Though APIs have been around for a while, some financial institutions only consume 5% of them. To help better manage APIs, firms need to be aware of what they want to achieve with the APIs they create and use.
Waters Wrap: The buy side, the changing nature of buy v. build, and how fintech has evolved
Neal Pawar, the former CTO of AQR and current COO of Qontigo, chats with Anthony about some of the major trends that are changing how asset managers interact with the vendor community, and how this shift mirrors the most significant evolutions in capital…
People Moves: FactSet, Talos, Broadridge, and more
A look at some of the key "people moves" from this week, including Neal Pawar (pictured), who joins Talos as a strategic adviser.
Rival platforms battle to control electronic trading of CLOs
Octaura has the backing of dealers, while Kopentech is leaning into its buy-side roots
People Moves: Tradeweb, Ion, Burton-Taylor, HKEx, and more
A look at some of the key people moves from this week, including Thomas Pluta (pictured), who joins Tradeweb as president-elect.
Banks prepare to unleash FX swap bots
BNP Paribas, JP Morgan build execution algos to plug into platforms—but swaps liquidity needs to catch up first
People Moves: TP Icap, ACA Group, BNP Paribas, Morningstar, and more
A look at some of the key people moves from this week, including Marie Luchet (pictured), who joins ACA Group as managing director of ESG.
Symphony brings Web3 to KYC with new ID service pilot
Symphony Communication Services is piloting an experimental ID service that uses Web3 and DeFi concepts to automate and reduce the burden of tasks like know-your-customer, onboarding, and reporting.
People Moves: Deutsche Börse, Talos, Gresham, Tradefeedr, and more
A look at some of the key people moves from this week, including Shannon Johnston (pictured), who joins Deutsche Börse as chair of the supervisory board's technology committee.
This Week: Deutsche Bank/FinLync, State Street/Paxos, Glue42/AllianceBernstein & More
A summary of the latest financial technology news.
People Moves: HKEx, FCA, Clear Street, and more
A look at some of the key "people moves" from this week, including Prerak Sanghvi (pictured), who joins Clear Street as vice president of engineering.
Waters Wrap: Blockchain & Boca—A sad story
Anthony takes issue with how blockchain is still being covered in the media and at industry conferences. What else is new?