United States (US)
Lighting Up the Black Box: A Must for Investors?
Many quants contend that you must be able to interpret machine learning in order to use it.
Aegon Asset Management Partners with ACA Compliance for Surveillance
The firm is using ACA's Decryptex to identify fraudulent trading behavior.
New Platform Eases Analyst–Trader Communications Compliance
Client Instant Access’s Omnigage allows compliance officers to approve communications content.
HazelTree Looks to Get Ahead of UMR Phases 5 & 6 with AcadiaSoft Partnership
As a result of UMR, the vendor forecasts the buy side will attempt to minimize its risk, and will pay big if it doesn't.
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.
Hedge Funds Use Shopping Center Cameras in Hunt for Alpha
Buy-side firms in search of alternative insights to drive returns are turning to sentiment analysis to fine-tune their strategies.
LEI on the Edge: What Needs to Happen for Wider Adoption?
The financial industry is losing faith in the LEI initiative as regulatory mandates remain patchy, but some see hope in SFTR’s unique-issuer LEI. By Mariella Reason
FIS to Double Down on RegTech and Multi-Asset Coverage
The company's Investment Operations Suite for asset managers is adapting to regulation and changing investment strategies alongside clients.
Cboe Buys Hanweck and FT Options in Dual Acquisition
The exchange group has made a strategic double buy hoping to boost capacity in solving portfolio and balance sheet risk for clients.
S&P to Unveil New Data Platform, New Data Capabilities
S&P Global Market Intelligence will offer clients new alt datasets from in-house and third parties to be used in conjunction with increased analytics offerings.
Illuminate Rounds Out Baton Systems Funding with $4m Investment
This is the first investment Illuminate has made in a company offering DLT-based tech.
Itiviti Automates FIX Connectivity Ahead of Possible "Connectivity Crunch"
The Swedish tech vendor is hoping to capitalize on disruption in the OMS space by offering an automated solution for migrating FIX rules and for FIX certification.
HSBC Securities Arm ‘Strangles’ Legacy Tech with API Wrapper
The securities services business has embarked on an API strategy to offload its legacy tech and produce better connected products.
Nomura’s Head of Digital Warns of AI’s Predictive Limitations
The investment bank’s deputy chief digital officer says machines cannot predict markets, as the bank consolidates trading operations and builds an AI trading platform for fixed income and FX.
This Week: Refinitiv; Broadway; BMO/Clearpool; Skytra/Nasdaq & More
Catch up on some of the past week's financial technology news.
ICE Looks to Bolster ESG Service as Investors Grapple with Lack of Standards
ICE Data Services says investors can access its reference data subscription later this year to build out their ESG strategies.
GLMX Looks to Sec Lending and Swaps for Electronification
The platform provider is looking at opportunities in securities lending and swaps, as it pursues expansion in Europe.
APIs: Frontier of a New Threat
APIs are becoming more important as firms digitize and adopt microservices architectures, but they come with unique security threats. By Joanna Wright
Nasdaq Updates Surveillance Offering to Build Trader Profiles to Catch Spoofing
The company is combining different data sources to help users spot market abuse and manipulation.
California's New Privacy Rule Will Impact Financial Institutions
The CCPA came into force on Jan 1, and while it exempts some consumer data from its scope, firms that have business data on state residents will be pulled in.
SEC Democratic Commissioner Slams CAT Delays
Robert Jackson dissented from a new proposed order to modernize exchange data.
US Treasury Bureau: Cyber Insurance Premiums Rising
Cybersecurity insurance is getting more expensive as insurance underwriters grapple with a lack of data on this ever-evolving coverage area.
People Moves: Refinitiv, State Street, DTCC, Liquidnet & More
A look at some the key "people moves" from last week, including Mike Hill (pictured), who joins Compliance.ai.