The initiative is part of JP Morgan’s plan to harmonize its internal systems.
The threat of high-frequency traders have forced banks to spend big on tech.
A look at some of the key "people moves" from the past week.
Marc Mercuri of Microsoft explains where the tech giant sees room for blockchain solutions in the future.
Kate Gunning and Andrea Ledford will be based in New York.
Simonian, formerly head of quantitative research at Natixis, will produce research and advise for clients.
These new models sidestep Black-Scholes and could slash hedging costs for some derivatives by up to 80%.
Cohee highlights cloud, big data and machine learning as disruptive changes forcing innovation at financial firms.
Buy-siders have limited their usage of deep learning techniques due to haziness over their inner workings.
It seeks to solve desktop interoperability issues and expand cloud services with this latest investment.
The flavor of the week among investment banks is not to be a bank, but a tech company. While the numbers are starting to back that claim up, so are the risks involved, writes James Rundle.
Assuming that automated artificial intelligence holds the key to unlocking fragmented datasets, the absence of standardized models coupled with regulatory concerns remain barriers to adoption.
The initiative seeks to create common language around tokens to foster wider adoption among institutional investors.
DTCC can now focus on expanding coverage of the MTU with the addition of leading dealers.
Algo Central helps manage FX algo execution in real time.
Paul Bari’s career has taken him across oceans and continents, but his true north has always been a fascination with mathematics. Now, he’s tackling not only the future of one of Northern Europe’s largest banks, but its employees, too
New hires establish gender equality among the litigation funder's senior management team.
The association will add new APIs based on the demand and feedback of its members.
The bank is aiming to diversify and grow its credit trading technology team by 15 percent.
Firms are using machine learning and natural-language processing tools—no longer to grab an edge, but merely to remain competitive.
Thomas Jardine's new role at Trade Informatics is managing director and head of data analytics.
Forays into selling data have been slowed by concerns over confidentiality, internal battles over its use and clean-up work on the data itself. Risk.net's Faye Kilburn reports.