Technology
BNY Mellon Preps Fintech Accelerator Program to ID Key Tech Solutions
The Connect20 hackathon and the Accelerator Program are designed to "industrialize" BNY Mellon's ability to identify early stage companies providing solutions to key technology and business challenges facing the firm.
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.
Data Issues Still Hamper AI—But AI Can Fix Them
Instead of waiting for data quality to be sufficient to power AI models, those at the cutting edge are building models to bridge the gaps in the data, and apply it to more sophisticated use cases.
Is Low-Code a Movement or a Mirage (Plus the ODRL Gambit & AI’s Afterthought Problem)
Anthony Malakian looks at the industry’s digital rights project and new tech platforms that aim to revolutionize the capital markets.
Wavelength Podcast Ep. 212: A Discussion About AI
An assortment of AI experts talk about various machine learning and NLP opportunities and challenges.
Banks Learn from Remote Working to Improve Customer Experience
Banks are focused on making work-from-home life more secure, but how can these projects be used to improve the customer experience going forward?
Low-Code Movement Gains Converts, but Skeptics Remain
What if you could create your ideal, fully-functional application without writing a single line of code? With low-code and no-code platforms, you can—with a catch … or two, or three, or four.
SocGen Builds Serverless-Code Environment, Explores Virtualized Computing
The Paris-based bank has developed a coding environment to help democratize tech development, and is exploring virtualization.
AI Explainability 'an Afterthought' at Banks, But Financial Theory Infusion Could Help
Eric Tham of the National University of Singapore said during the Innovation Exchange that explainability is an afterthought at banks when they develop their AI-driven models. Unsurprisingly, some bankers did not agree.
How Cloud, APIs, and Open Source Are Changing the World of Fintech (And Blockchain's ZTA Play)
Anthony looks at how the lines that have traditionally defined the world of "fintech" are blurring. Also, can blockchain help with ZTA's advancement?
AxeTrading To Roll Out More Automation for Fixed Income Platform
Vendor integrates open source stream processing software Apache Kafka for real-time event data.
Bank Execs: Covid’s Tech Challenges Handed ‘Big Wins’ to Automation, AI
Emerging tech is proving its worth since the Covid-19 outbreak, and are swaying skeptics towards even greater adoption, panelists said.
Remembering Our Friends and Colleagues
Today marks the 19th anniversary of the September 11 terrorist attacks. We remember those who died that day and later, as a result of injuries and illness sustained during the rescue and clean-up efforts.
Morgan Stanley and EPAM Systems Contribute to Finos Open Source Movement
Morgan's Morphir offering is a transparency and efficiency tool for both users and developers; EPAM's GLUE is aimed at the buy side.
Wavelength Podcast Ep. 211: Using Behavioral Analytics
Essentia Analytics' Clare Flynn Levy talks about how buy-side firms are using behavioral analytics in the investment process.
Trust Issues: As Zero-Trust Architectures Mature, Bank Infrastructures Face 'Growing Pains'
Coronavirus has heightened the need for IT and data security, exposing areas for potential improvement. One option is to lock down sensitive areas using a practice called Zero-Trust Architecture, which offers a host of benefits, but brings with it some…
Synechron Aims to Normalize ESG Ratings
The company is launching a new workbench in Q4, along with other prototypes and new accelerators.
This Week: IHS Markit, SGX/HSBC, LedgerX, TNS, TraditionData and more
A summary of some of the past week's financial technology news.
ACA Compliance to Make Flagship Platform More Customizable
ComplianceAlpha is a compliance and risk management platform that also provides trade surveillance and cybersecurity capabilities.
LiquidityBook to Roll Out Trade-Matching Engine
The vendor also has plans to expand further into the institutional space with two additional rollouts in 2021.
Refinitiv Labs Leverages NLP to Track Covid-19 Company News
The company's news tracker, available on the Macro Vitals app, uses language models to classify reports on specific companies.
HKEx's Data Play Slowly Comes Together
The exchange is currently working on building its enterprise data bus for better internal data management, but Wei-Shen finds that the exchange is still short on long-term answers.
Snowflake Makes its Move (And Ref Data Headaches & Data-Sourcing-as-a-Service)
Anthony explores how Snowflake is trying to win over business in the cap markets, talks about the reference data space, and examines a new breed of data vendors.
Snowflake Looks to Tackle Data Problems of Asset Managers, Exchanges
Snowflake is already working with the New York Stock Exchange on how to make its data easier to access for the pair’s overlapping clients.