Canadian Imperial Bank of Commerce (CIBC)
People Moves: Northern Trust, Deutsche Bank, SS&C, STP Investment Services & more
A look at some of the key people moves from this week, including Michael Buzza (pictured), who becomes Northern Trust's new global head of Network Management and Market Security
IBM Taps Former CIBC Exec Dhot for Cognitive Analytics
Dhot previously spent seven years in data analytics roles at Canadian bank CIBC.
Cognitive Computing Advances Driving Surveillance for Banks, Expectations for Regulators
Banks are increasingly adopting new machine learning techniques for compliance and surveillance, but should be wary of setting expectations too high.
Praying for Another Day: As FRTB Looms, Banks Prepare
Industry testing for FRTB will begin in 2019 with implementation coming in 2020, though there is hope that personnel changes at the Basel Committee will lead to some extra leeway.
Latency Priorities Shift from Speed to Predictability
As latency improvements become harder—and more expensive—to achieve, firms are weighing the cost-benefit analysis of pursuing ever-decreasing latency advantages, and placing more emphasis on leveraging existing investments in low-latency infrastructures…