Unprecedented volatility in March is leading the bank to double down on its AI systems in a big way.
Fund administrators are dealing with unprecedented volumes of pricing information and exceptions.
Financial industry experts say the time to start future-proofing was yesterday.
The firm plans to complete the migration by the end of summer, as it learns from prior rebuilds.
The company's Investment Operations Suite for asset managers is adapting to regulation and changing investment strategies alongside clients.
The bank is in the throes of a hefty transformation project within its Investor Services division, which began with machine-learning efforts last year.
The company is using machine learning and natural-language processing technology to enhance its Tamale and Geneva platforms.
Financial services firms are deeply entranced with artificial intelligence (AI), yet the revolution is under pressure as the industry continues to become more educated and selective about it. Recent research data from WatersTechnology and SmartStream…
Finra CAT will lean heavily on AWS to help ensure that the database is secure.
The Canadian bank has significantly improved the time it takes to run XVA calculations, and has big plans to further expand its XVA cloud GPU program.
Confluence provides asset manager clients with automation capabilities for financial and regulatory reporting amid growing pressure and shrinking industry-wide headcount.
The first rollout of the offering is geared toward smaller and new brokers looking to outsource their back-office tech.
One of the largest financial institutions in Mexico is digitizing core risk and compliance functions to consolidate operations, reduce reconciliation costs and future-proof its IT infrastructure.
The firm is focused on building up its core infrastructure to be able to support its people and allow them to focus on revenue-generating tasks.
Curo's migration of over 3,000 funds is expected to be complete by the end of 2020.
The vendor will use the A$11 million raised from its recent IPO to further develop its platform and experiment with additional use cases for its technology.
New platform will use robotics and machine learning to streamline accounting and reconciliations workflows.
DLT providers are obliged to satisfy nine principles and pay an annual fee to comply with the regulatory framework.
The integration looks to modernize and automate UMB's exchange-trade funds business.
More firms see regulatory change as opportunity to enhance infrastructure, gain business advantage and remain compliant.
Two firms are already live on the platform, with another three soon to be up and running.
SS&C CEO Bill Stone said that the company is flush with cash after the failed Fidessa bid and will look to use it to continue its acquisition spree.