Technologies meant to detect and stop financial crime may add more headaches than they relieve. Others say that the best tech can't overcome how bankers use these tools. The AML dilemma likely falls somewhere in the middle.
In 2016, Anthony wrote that the blockchain revolution was overhyped—unsurprisingly, his opinions have not changed. He also delves into the Ion-Broadway deal, and looks at new consulting/advisory firms that have recently come to market.
With data notifications growing in volume and complexity, firms are finding it harder to keep track of these changes. Some vendors are looking to help.
Anthony explores changing concept of a trading platform, and what that might mean for the future of tech development.
A summary of some of the past week’s financial technology news.
Because of its acquisition and subsequent rebrand, Refinitiv is being forced to change instances of its old branding that remain embedded in many of its APIs. This might sound like a simple change, but end-users are worried that it could be a costly fix.
What do Liquidnet and Trading Technologies (and others) have in common? Anthony explains. He also discusses advancement—and disillusionment—in the quantum space.
NatWest, XTX Markets and others are developing new outsourcing models for tech.
A look at some of the past week’s financial technology news.
The TIAA company has developed its own metrics and partnered with provider Zaloni for a comprehensive approach to sustainable investing.
Anthony explores some of the questions raised by Refinitiv's plan to move away from Eikon and Thomson One. He also looks at data governance trends, and asks why the FIGI is having such a tough time gaining acceptance.
After the route toward accreditation via the ISO petered out, Bloomberg is vying to establish its reference data standard as a system of record in the US, following a win in Brazil.
The new platform is first being targeted at advisors and wealth managers, and will eventually be available for traders, analysts, portfolio managers, quants, and developers.
Anthony looks at an interesting project using causal inference by IBM and Refinitiv, and what this latest evolution of machine learning could mean for innovation in the capital markets in the future.
The two companies are in the early stages of using causal inference to help firms build machine learning models that are better able to handle disruption from events like the Covid-19 pandemic.
A look at some of the key "people moves" from this week, including Katherine Wetmur (pictured), who has been appointed head of technology and operations risk at Morgan Stanley.
Anthony Malakian looks at the industry’s digital rights project and new tech platforms that aim to revolutionize the capital markets.
The Paris-based bank has developed a coding environment to help democratize tech development, and is exploring virtualization.
Keen to trim the resources they expend on interpreting licenses, investment firms are exploring how they can turn data agreements into machine-readable code. Doing so is fraught with challenges.
The company is launching a new workbench in Q4, along with other prototypes and new accelerators.
The company's news tracker, available on the Macro Vitals app, uses language models to classify reports on specific companies.
Due to the pandemic and rapid advancements in the fields of AI and mobile technology, regulators in the US and Europe have unique challenges on their hands.