Artificial intelligence (AI)
Fool’s Gold: Data Mining Digs Up Explosive Errors
Recent studies reveal the prevalence of poor-quality data, exacerbated by increased use of machine learning that allows users to dredge far bigger datasets and identify spurious correlations.
FCA to Tackle Big Data, Expects Firms to Act Ethically
Charles Randell says data and technology usage by firms should "liberate" not "disenfranchize" consumers, and regulation is "central to defining" ethical practices.
Code Red: Trading Firms Turn to AI for System Stability
As IT systems are buckling under the pressure of modern day trading volumes and regulatory requirements, some firms are turning to AI to predict and minimize outages.
Quant Insight Seals Latest Round of Funding
The investment will be used to accelerate growth and bolster the firm's global presence.
Team Player: Peter Clark, Standard Chartered
Peter Clark, CIO for Greater China and North Asia (GCNA) at Standard Chartered, talks with Waters about the projects they're working on and the team he's built.
TOFIS Panel on Machine Learning, AI: ‘Try Everything, Kill What Doesn’t Work’
Panelists at the recent Toronto Financial Information Summit outline the key opportunities and challenges for machine learning and artificial intelligence in the finaincal markets.
TOFIS Keynote: National Bank of Canada Uses AI to ‘Brew’ a Richer Blend of Banking Services
Some fear the prospect of artificial intelligence taking traders' jobs. But, explains National Bank of Canada's Alexis Gouslisty, AI's greatest opportunities are in transforming the way banks manage data internally and how they interact with clients.
Digital Reasoning Readies Public Release of Model-Training Platform
To solve the old needle-in-a-haystack problem, Digital Reasoning is developing a tool dubbed Cognition to improve the training process for machine-learning models.
Compliance firm Steele Acquires TransparINT
The deal brings artificial intelligence and machine learning capabilities for anti-money laundering monitoring to Steele.
CME Group Adds Two Alt Data Providers to DataMine
Alternative datasets from Orbital Insight and TellusLabs are now accessible via CME's DataMine online platform.
June 2018: AI—Let’s Not Get Bogged Down by Semantics
Victor argues that the definition of artificial intelligence is far less important than its applications in financial services.
The War for Talent: Emerging Technologies Create New Needs
Financial firms battle it out in a finite pool of talent, for the best and brightest fintech minds.
Clearing Executives Remain Skeptical on Blockchain
Senior CCP specialists say some emerging technologies have promise, but significant hurdles remain.
Nasdaq Sees Bright Future as Technology Provider
CEO Friedman said exchange's competitive advantage lies in the technology it provides to other markets.
The Promise and Peril of Cognitive Compliance Tools
Compliance officers say they are increasingly looking at AI-powered tools to help with things like surveillance, reporting and fraud monitoring.
Northern Trust: Firms Need to Build Capabilities Before Using AI
Custody bank seeks to educate clients—and itself—on how AI and other technologies can augment staff processes.
Quants Say Internal Data will Unlock AI’s Full Potential
At this year's North American Financial Information Summit, industry experts talked about the importance of sourcing and using internal data to find alpha.
Dirty Data Poses Problems for AI's Development
Buy-side CTO warns of fake data and biases, while stressing the need for compliance surveillance, in the world of AI technology.
Don't Overstep the 'Creepy Line' When It Comes to GDPR
ING data chief says as firms comply with GDPR, they must be ethical when interacting with client data, especially as they incorporate more AI tools.
Ayasdi Partners with Navigant to Grow its AML Offering
The collaboration will be geared toward developing services that employ both AI and ML techniques to spot fraud, while helping banks with their development roadmaps.
The Philosopher’s Drone: Artificial Intelligence on a Social-Sciences Foundation
As the field of AI expands across the capital markets, should developers be required to take social science classes? Emilia David examines.
Wavelength Podcast Episode 118: CAT ‘State of the Union’, RTS 27 & 28 Concerns, The ‘Big Tech’ Dilemma
Anthony and James discuss some of the big stories to come out of TradeTech Europe and then three legal experts look at how the SEC has been quiet about the CAT.
Deutsche Bank ‘Data Innovation Group’ Unveils First Data Tool
The first tool from Deutsche Bank’s Data Innovation Group analyzes companies’ values based on ESG and other factors, and public perception of a company’s ESG efforts.
JPMorgan to Invest in AI, Tackle Privacy Concerns
Global investment bank says that transparency is key to instilling trust in use of AI.