Artificial intelligence (AI)
In Expansion Beyond HFT, FPGAs Eye AI
After a decade of supercharging low-latency applications, Wei-Shen Wong explores how FPGAs are pushing into new areas of the capital markets, driven by interest in AI & ML.
CLS Assembles Data Science Team to Decode FX Volatility
The information services division at the FX settlement specialist is recruiting data analysts for a special project.
Lighting Up the Black Box: A Must for Investors?
Many quants contend that you must be able to interpret machine learning in order to use it.
This Week: Nasdaq, Trading Technologies/Nodal, Finantix, GLMX/UnaVista
A summary of some of the past week’s financial technology news.
Datactics Takes 'Human-in-the-Loop' Approach to Machine Learning
The data quality and matching specialist is testing an entity resolution model for better transparency and explainability.
Transforming NLP: A Look at New Tools Being Used by Banks
The evolution of natural language processing is rapidly progressing. Jo Wright takes a look at BERT, one of the more game-changing innovations that is helping to transform the field of machine learning in the capital markets.
'Data Mining is Bullsh**t' — An Examination
With the growth of alternative data in the capital markets, firms are struggling to find value, and are disillusioned by the loss of time, human capital, and money. Goldman Sachs’ Matthew Rothman believes this has created a situation where vendors and…
Fuzzy Data Stalls ESG Alpha Hunt
Quants searching for ESG signals have reached very different conclusions. Mostly they blame the data.
HSBC Trials Bot-to-Bot Interactions With Other Symphony Users
The bank's securities services arm increased efficiency with chatbots, and is now having interactions with clients—without human involvement.
Man and Machine Need Each Other – Systematica CEO
“The errors made by humans and robots are different,” says Leda Braga
Xceptor Lasers in on ML and NLP
The vendor is also considering including deep learning capabilities to the platform.
S&P to Unveil New Data Platform, New Data Capabilities
S&P Global Market Intelligence will offer clients new alt datasets from in-house and third parties to be used in conjunction with increased analytics offerings.
Crédit Ag Taps AI to Lure Swaptions Business
The machine learning model predicts client demand with high accuracy, giving traders an edge in pricing.
DNB Bank Advances on 3-Year Big Data, Data Science Initiative
The bank is rounding out the second year in its three-year plan, which includes more than 100 new data roles.
HSBC Securities Arm ‘Strangles’ Legacy Tech with API Wrapper
The securities services business has embarked on an API strategy to offload its legacy tech and produce better connected products.
Nomura’s Head of Digital Warns of AI’s Predictive Limitations
The investment bank’s deputy chief digital officer says machines cannot predict markets, as the bank consolidates trading operations and builds an AI trading platform for fixed income and FX.
Proliferation of Fake Information: Deepfakes & the Capital Markets
As the spread of false information online threatens our view of the world, Josephine Gallagher examines how this phenomenon has evolved with technology.
Oracle Leverages Deep Learning To Detect Financial Crime
Oracle is using deep learning to find matching patterns for graph analytics within its compliance platform.
Brown Brothers Harriman To 'Transform' Its Fund Accounting Service by 2021
The bank is in the throes of a hefty transformation project within its Investor Services division, which began with machine-learning efforts last year.
Nasdaq Updates Surveillance Offering to Build Trader Profiles to Catch Spoofing
The company is combining different data sources to help users spot market abuse and manipulation.
Quant Funds Look to AI to Master Correlations
Machine learning shows promise in grouping assets better and predicting regime shifts, say fund managers.
Machine Learning Takes Hold in the Capital Markets: Some Examples
WatersTechnology looks at 16 projects in the capital markets that involve machine learning to show where the industry is heading.
Introducing AI to the Back Office—Does the Tech Measure Up to the Hype?
Throughout 2019, artificial intelligence (AI) has been one of the most predominant buzzwords in the financial technology space. AI has promised enhanced accuracy and improved efficiencies, allowing staff to focus on higher-value tasks—it truly has the…
AI and Cloud Remove Barriers to Entry for Real-Time Intraday Liquidity
As increased regulatory reporting obligations add to the pressure financial institutions are under to manage intraday liquidity, centralizing siloed legacy systems into a single automated solution can offer an enterprise-wide, real-time view of liquidity…