A few buy-side traders and portfolio managers spearheading a drive for greater interoperability are reaping the rewards of increased workplace efficiency. Is interoperability the fixed-income panacea the buy side has been looking for?
Tokenization is no longer just a peculiarity of the crypto world, as execs from global custodian banks discuss their firms’ tokenization and digital assets strategies.
The cloud provider and industry utility have jointly released a prototype and guidelines for building resilient financial services applications.
Technological innovation doesn’t always reap promised rewards. RBC’s head of cloud engineering talks about why the Canadian bank’s hybrid cloud strategy worked, and how it is approaching generative AI.
The data provider is utilizing generative AI and large language models to provide a conversational interface in FactSet Workstation that will complement AI-powered workflows and products.
Does the SEC’s recent 10C-1a rule provide sufficient transparency while protecting traders’ short-sale positions from a GameStop-style backlash? The data will be key.
UBS warned clients they were looking at “bad data” on options screens
LTX has pinned its hopes of breaking into the fixed-income market on innovative use of AI. But how successful has its approach been, and what is it up against?
It’s been two years since IBM’s pivot to a hybrid cloud and AI strategy, and the tech giant saw strong earnings as it continues to invest in the watsonx platform.
The bank spent the last three years evolving and expanding LiquidityDirect to include additional asset classes, and will white label the platform to customers.
The vendor is betting on new platforms like X-Pro and Adaptive Auto-X, which helped forge a record quarter for platform usage.
Virtu disputes the regulator’s claim that employees had ‘unfettered’ access to consumer data.
As LLMs and generative AI grab headlines, another AI subset is gaining ground—and it might solve what generative AI can’t.
JP Morgan Chase, which has spent more than $15 billion this year on technology, intends to invest even more to compete against tech behemoths.
Six jurisdictions have set deadlines for firms to implement the derivatives identifier, with more expected to follow.
Tech giant quells fears over a Skynet-style reality, stressing a risk-based approach to AI usage during a panel in London on Thursday.
The Gensler administration has ruffled feathers in the broker-dealer community with a new proposal seeking to limit their use of predictive data analytics. But at the heart of this deal is something far more seismic: one of the first attempts by the SEC…
With possibly three years before the semblance of a verdict is reached in the ongoing class action lawsuit against Cusip Global Services and its affiliates, Reb wonders what exactly is so captivating about the ordeal.
The collaboration comes as part of both companies’ desire to eliminate end users’ need for intensive data engineering, as well as costly in-house data storage.
The planned cyber resilience regime will force dealers to subject “critical” tech vendors to stricter audits.
Vanguard and others are building tools that “nudge” investors to make better investment decisions.
Most bankers prefer to keep to earlier start date, even though it puts continent out of sync with US.
Tri-opoly of cloud vendors “poses systemic risk” to financial sector, say risk managers
For conventional vendors, banks say due diligence rules will be the toughest challenge