China
Waters Wrap: Blockchain is Still Overhyped (And Ion/Broadway Thoughts & the Consulting Boom)
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.
China’s AI Expansion Could Shift the Fintech Balance of Power
Wei-Shen thinks about how the battle for supremacy in AI will evolve in the near future, and what the implications of China’s advances in the field might mean for Wall Street technology.
RPA Provides ‘Quick Wins’, But at What Cost?
Banking experts urge firms to consider re-engineering a process before turning to robotic process automation.
Data Poisoning: An Emerging Threat for Machine Learning Adoption
Experts from IBM and Bank of China say they're on the lookout for this emerging threat, as machine learning gains in popularity.
Tradeweb Bolsters China Bond Market Access with Electronic CIBM Direct Trading Overlay
Officials say the move makes Tradeweb the only platform to offer electronic trading in Chinese bonds via two different channels.
SocGen’s Digitized Bond Passes Settlement Test
Banque de France-backed deal pips private consortiums in dummy run for digital currency trades.
BT Radianz to Add Chinese Alt Datafeeds
Initially, BT Radianz is looking for datasets that could help forecast consumer demand, such as sentiment, consumption, and transactional data.
Banks Grapple with VPN Capacity Amid Covid-Induced Network Strain
Private network limitations and variable internet connectivity have challenged operational resiliency and business continuity plans.
Geolocation Data Spotlights Covid Recovery
Hedge funds are using geolocation data to both spot signs of a pandemic recovery and to see its ripple-effect damages.
Covid-19 Tumult Tests AI Fund Returns
Some machine learning strategies have coped well, but others began to struggle as panic mounted.
Bloomberg Enhances Mapping Tool to Track Covid-19 Impact
The data giant is releasing regional features and functionality to more closely monitor the coronavirus across companies and sectors.
Morgan Stanley’s AlphaWise Uses Alt Data to Track Coronavirus
The bank’s research business is using artificial intelligence, traditional consumer surveys, and visualization techniques to monitor the impact of Covid-19.
Ping An: NLP Takes on Greater Importance in Turbulent Times
The firm's chief scientist discusses how NLP is being used to prevent the spread of the coronavirus and how it can be applied for financial services.
Alt Data Lends a Different Light to Coronavirus Impact
Smog, traffic data—even movie rentals—help analysts track economic effects of the virus.
The Retraining Conundrum: How Best to Transform a Workforce?
Professor Jay Finkelman says that the most successful firms take a three-pronged approach to workplace transformation.
BlackRock and UBS Seek Partnerships to Expand in China
Relationships with Chinese banks and asset managers will help global firms to better develop and distribute products to investors in the country.
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.
People Moves: Apteo, Eka, Tier-1, SEC, CGQ, MEMX
A look at some of the key people moves from the last week, including James Uzzalino, who joins Apteo.
UBS Cuts Outsourced Tech Jobs
The investment bank has eliminated thousands of roles and revamped its approach to outsourcing over the last two years.
Deutsche Bank's Bezuidenhout Explains Symphony, WeChat Usage for Trade Queries
The bank is looking to extend this feature to other asset classes in the future.
HKEx Sees LSEG Hopes Crash on the Political Rocks Below
The LSEG has been involved in several failed international mergers over the last two decades, which begs the question: Is a merger even possible?
HKEx Shakes Up the Market with Proposed LSEG Takeover
If the HKEx–LSEG merger goes through, the LSEG–Refinitiv deal would be scrapped, creating an interesting ripple effect.
China’s Asset Managers See More Interest from Foreign Investors
There’s an opportunity for Chinese asset managers looking to attract foreign investors, but transparency remains an issue.
People Moves: Finra CAT Fills CTO and CISO Positions
Also, a look at new hires for IHS Markit, UBS, TickSmith, BitGo and Amber Group.