RBC Capital Markets
Mainframes still mainstream: How financial markets are embracing and evolving 'legacy' IT
Tech giant IBM is targeting security, AI, and portability in the modernization of the mainframe as firms report still retaining “the workhorse of the back office.”
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.
This Week: Ice, SS&C/Morningstar, Deutsche Börse/DataBP, RBC & More
A summary of the latest financial technology news.
People moves: Federal Reserve Bank of New York, DataBP, LME, Azentio, and more
A look at some of the key people moves from this week, including Michelle Neal (pictured), who joins the Federal Reserve Bank of New York as head of the markets group.
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.
Once taboo, open-source skills now sought by Goldman Sachs, Morgan Stanley and other top sell sides
The world’s biggest banks want the new talent to possess at least some open-source technology skills, which was unthinkable a decade ago. It’s a win for advanced open-source practitioners, but how did it materialize? The answer is likely a not-so-even…
People Moves: LedgerEdge, Broadridge, Talos, Liquidnet, and more
A look at some of the key people moves from this week, including Jason Mendez (pictured), who joins Bitvore as vice president of partnerships.
Buy one, get one free: Algos learn to multi-task
For years, brokers have offered suites of algorithms, each geared toward a certain strategy and outcome. Now, firms are compressing these into multifaceted algorithms that can switch between different strategies or markets in response to trading…
This Week: BlackRock/Cassini Systems, Standard Chartered, and more
A summary of some of the past week's financial technology news.
Waters Wrap: When will Big Tech providers turn sights on the market data space? (And deep learning)
In recent years, the major cloud providers have expanded their service offerings specific to capital markets firms. Some industry observers believe it’s just a matter of time until they get involved in market data M&A activity.
Inside RBC’s Aiden project: 5 years of deep learning
Aiden, a trading platform launched last year, is the product of five years of experimentation with deep learning by RBC Capital Markets on top of an additional five years of hypothesizing about what best execution would one day require.
RBC Taps Salesforce and Others for Broker, Wealth Custody Platform
The full platform, leveraging an open API architecture and multiple third-party providers, will enter beta testing in early 2021.
IEX Makes Expansion Bid as New Limit Order is Approved
The Investors Exchange is now looking to propose a second new order type for NBBO non-mid liquidity.
Fund Managers Seek to Plug Holes in ESG Data
Quant funds are striving to adjust their ESG models to take into account changes in corporate behavior during the pandemic.
Tier1 Partners with OpenFin to Improve CRM Experience
The pairing will enable Tier1 to run its offering on the OpenFin OS and connect with other OpenFin partners.
RBC Capital Markets Seeks Analytics Vendors
The investment bank is looking to partner with companies like Pyramid Analytics for better insight.
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.
OpenFin Builds Out Visualization Functionality
The OS provider will focus on developing data visualization tools and prepping for the first wave of FDC3 standardized applications.
Desktop App Interoperability: On the Front Lines with RBC and OpenFin
Anthony Malakian spent several weeks with RBC Capital Markets and OpenFin to see how desktop app interoperability works in motion.
People Moves: Symphony, Finos, Neptune Networks, REGIS-TR
A look at some of the key "people moves" from the past week.
Buy-Side Firms Turn to AI for Efficiency Amid Barriers to Adoption
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.
Nasdaq Makes $190 Million Bid for Cinnober
The US exchange will make an all-cash offer for the troubled Swedish vendor.
The Fight for the Future: Leading Female Technologists Discuss Lessons Learned
Eight winners from this year's Women in Technology and Data Awards provide advice for career advancement in a male-dominated field.