A summary of some of the past week’s financial technology news.
Private stocks are opaque, illiquid, behave differently from public markets, and lack the same infrastructure as public marketplaces, creating back-office integration challenges for firms that want to trade these stocks in a more liquid manner. But as…
The partnership between the two major players in the buy-side technology space reflects the shift in how rivals do business.
The modules, which use machine learning to derive predictive insights, are scheduled to go live in Q1 2021.
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.