Technology
DTCC Chief Predicts Substantial Change to Market Infrastructures Within a Decade
Michael Bodson predicts technology will fundamentally change how the markets work.
NYSE President Sees Tech as Key to Big Board's Next Evolution
A look at the massive tech projects (and legal battles) underway at the NYSE, which are being led by Stacey Cunningham.
IBM and Thomson Reuters Expand Regtech Partnership
The new offering will directly connect TR’s regulatory feed and IBM’s OpenPages with Watson platform.
Tech Execs Warn on AI Window Dressing
A substantial amount of vendors are making misleading claims about AI capabilities, experts say.
Geopolitical Risk Data Moves from Foreign Intelligence to Fund Management
As nations and markets become increasingly interconnected, geopolitical risk has become top of mind for portfolio managers.
Scottish Stock Exchange Looks to Prioritize Security
The planned exchange will source its trading platform from Euronext and is expected to announce more technology partnerships.
Goldman Sachs Exec: Markets Still Too Complex for AI Trading
Humans, and not robots, will still be required for the foreseeable future, say trading vets.
Buy-Side Firms Turn to AI for Efficiency Amid Barriers to Adoption
Assuming that automated artificial intelligence holds the key to unlocking fragmented datasets, the absence of standardized models coupled with regulatory concerns remain barriers to adoption.
HPR Rolls Out Centralized Trading Infrastructure CRM-X
CRM-X uses cloud-like technology to trade and consolidate capital across markets.
INTL FCStone Mulls Outsourced Trading Offering
The company also launched its new prime brokerage division aimed at small to mid-sized funds.
Ethereum Group Launches Token Standards Drive
The initiative seeks to create common language around tokens to foster wider adoption among institutional investors.
Wavelength Podcast Episode 161: Gerard Francis of Bloomberg
Bloomberg’s Gerard Francis looks at the challenges that capital markets firms face when trying to incorporate alternative datasets.
Banks and Bourses Increasingly Combine Cloud, AI for Data Projects
The combination of the two technologies is bearing fruit for firms struggling with legacy architectures, but education and talent remain tough obstacles to overcome.
Digital Asset Opens Smart Contract Language to Other Blockchains
VMware blockchain and Hyperledger Sawtooth begin support of DAML on their platforms.
Data Standardization Remains Top ESG Roadblock
As asset managers seek to incorporate ESG factors into their portfolios, they are facing challenges—particularly around data consistency. Some say custodians could offer solutions.
Torstone Buffs Middle-Office Bona Fides with Percentile Buy
Torstone will add a risk management component to its post-trade platform through its acquisition of the vendor.
Digital Asset and Isda Create Rosetta Stone for Derivatives Smart Contracts
The event specification module will allow for a common DAML library that references machine-executable trade lifecycle events.
M Science Rolls Out Weather Data, Visualization Tools for Portfolio Managers
M Data Viz provides granular data on weather events by state and region to support investment processes.
Banks Brace for ‘World’s Largest Corporate Action’ as Libor Switch Looms
The transition away from Libor is a mammoth task for the banking sector—one that the industry is increasingly finding itself woefully unprepared for. By Hamad Ali
Google Plans Foray into Asset Management with AI Data Tools
The technology giant is rolling out tools to asset managers who need to use machine learning but have limited in-house experience.
Wavelength Podcast Episode 160: Pete Cherecwich of Northern Trust
Pete talks about privacy and convenience—and where firms tend to get tripped up when walking this balance beam.
BNY Mellon to Offer Custodial Data via BlackRock's Aladdin
This is the first time that Aladdin has been opened to external providers.
ChartIQ's Finsemble Adds Support for Electron Open-Source Tech
Partnering with Electron opens up more possibilities for Finsemble users.
Acquisitive Exchanges Find Dealmaking is Only Half the Battle
While the large-scale exchange mergers of yesteryear may be over for now, regional bourses are still finding themselves in the M&A crosshairs. Yet for those operators that pick up smaller rivals, technology and data integration often prove to be trickier…