In Expansion Beyond HFT, FPGAs Eye AI
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.
Transforming NLP: A Look at New Tools Being Used by Banks
The evolution of natural language processing is rapidly progressing. Jo Wright takes a look at BERT, one of the more game-changing innovations that is helping to transform the field of machine learning in the capital markets.
This Week: Refinitiv/Google Cloud; DTCC; Bloomberg/ MSCI; and more
A summary of some of the past week's financial technology news.
Man and Machine Need Each Other – Systematica CEO
“The errors made by humans and robots are different,” says Leda Braga
Vendors Feel Heat as Regulators Pile Pressure on Third-Party Resiliency
UK regulators have proposed new laws to clamp down on operational resilience and third-party risk, pushing fintechs to put some skin in the game.
Google Exec: Regulators Insisting on Multi-Cloud for Financial Firms
As regulators fear vendor lock-in and concentration among cloud providers, Google Cloud pushes its Anthos platform.
For the App Interoperability Movement, 2020 will be a Big Year
While progress was made in the desktop application interoperability space in the last year, Anthony Malakian says 2020 is likely to see some major developments that will help to push this movement forward.
Blockchain in the Capital Markets: Slow Progress in 2019
While real blockchain rollouts are still few and far between, some firms made progress in 2019. Here are 18 projects in some stage of development.
As Public Cloud Gains Traction, Concerns & Challenges Grow
WatersTechnology looks at more than 20 cloud-based projects and initiatives to see how banks, asset managers and vendors are embracing public providers, and the inherent problems involved.
Machine Learning Takes Hold in the Capital Markets: Some Examples
WatersTechnology looks at 16 projects in the capital markets that involve machine learning to show where the industry is heading.
LSEG: Cloud Enables Better Visualization Tools
Advances made in the exchange group's cloud program have filtered down to help improve its data offerings.
RBC Capital Markets Seeks Analytics Vendors
The investment bank is looking to partner with companies like Pyramid Analytics for better insight.
Avelacom Adds Multi-Cloud Connectivity for Crypto Traders
Direct links set up in each location “jump” from points-of-presence to a cloud in under a millisecond.
Google Cloud Platform Bends to Regulation at SLA Level
The company has taken a tailored approach to outsourcing contracts as increased scrutiny demands portability and audit rights from cloud service providers.
LSEG Building New Algo-Testing Tool
The exchange group is developing new regtech products while looking to move these offerings to the cloud in 2020.
The API Economy’s Existential Crisis
Has the so-called ‘API economy’ been over-hyped, or is there value in recalibrating an open API strategy? WatersTechnology examines.
Homomorphic Encryption: Banks Take Notice (Part 1)
Banks are showing interest in solutions based on homomorphic encryption, including for sharing information on cybercrime. Jo takes a look at what this technology is, and if these solutions can be commercially viable.
AI in the Cloud: How the Two are Making for a Perfect Match
As more financial institutions are starting to expand their usage of AI, they are turning to the cloud to help scale up. However, there are things to consider before doing so. Wei-Shen Wong examines.
CME, Google Ally for Cloud Market Data Access
The partnership will allow existing and potential subscribers around the world to access all CME Group data via a connection to Google Cloud.
Google Leverages Kubernetes to Help Banks with Risk Models
The tech giant uses open-source tools to help firms ramp up computing power for complex risk calculations.
Cloud Worries Show Up in New EU Outsourcing Guidance
Financial firms must maintain a register of all outsourced critical functions under new guidelines now in effect in Europe.
LSEG Faces Culture Shock Implementing its Cloud-First Program
LSEG CIO Ann Neidenbach said London is ‘tapped out’ of cloud DevOps talent.
Bloomberg Advances on Cloud Data Strategy
The global data giant is working with clients to deploy its data services from the three main cloud providers.
HFT Firm Grasshopper Taps Google Cloud for Research Platform
The firm's chief investment officer, Tan T-Kiang, explains how his team is using GCP to "listen" to live market data.