Automation
AxeTrading To Roll Out More Automation for Fixed Income Platform
Vendor integrates open source stream processing software Apache Kafka for real-time event data.
Bank Execs: Covid’s Tech Challenges Handed ‘Big Wins’ to Automation, AI
Emerging tech is proving its worth since the Covid-19 outbreak, and are swaying skeptics towards even greater adoption, panelists said.
Isda 'Create' Marks Important First Step Toward Smart Contracts
WatersTechnology goes inside Isda Create to see how the organization is aiming to bridge the gap between the worlds of paper contracts and legal data.
AlternativeSoft to Roll Out Automated Hedge Fund Due Diligence Tool in Q4
Earlier this year the vendor added an automated hedge fund performance evaluation tool to its suite of solutions.
Waters Wrap: Banks Increasingly Lean on Vendors for 'Moonshots' (And Office Space Concerns & Symphony's KYC Play)
Anthony says that plenty of innovative projects are currently underway in the capital markets, it's just that banks are relying more heavily on vendors for those moonshots.
Bloomberg Adds New NLP Capabilities to TOMS
The tool allows traders to search their own data to find trade information specific to them.
Aquis Exchange Progresses with NEX’s Tech Migration
The exchange initiated the tech overhaul after realizing some of the NEX platforms were “out of date” and “terrible”.
This Week: Trading Technologies, Deutsche Borse, SS&C-Canoe, TNS, Clearstream-LCH, S&P, Refinitiv, Sterling TT
A summary of some of the past week’s financial technology news.
CLS Looks for Value in Discarded Data
The FX settlement specialist's information services arm is harvesting years of abandoned data for new projects.
BoE's Post-Trade Reform Efforts Will Need Full Industry Cooperation
The central bank's report on the future of post trade will face the same competitive interests that have hindered previous attempts at eliminating inefficiencies and bringing automation to the back office.
Finos Sees Opportunity for Open Source in RegTech Space
The nonprofit is reaching out to regulators to determine where open source could ease regulatory burdens on financial institutions, while keeping them competitive with tech companies.
Covid Provides RPA a Chance to Shine, but Skeptics Remain
The pandemic has highlighted the need for greater automation, leaving some retail banks to embrace RPA, which could seep into the wholesale capital markets.
Isda to Release Definitions on Web-Based Platform
The platform will allow users to look up the latest definitions as they execute a trade, with the option to access code for certain definitions using functionality already developed in the Common Domain Model (CDM).
NatWest Markets to Expand Chatbot for IRS Trade Execution
The investment bank is upgrading its chatbot in response to user demand for more capabilities.
AI Can Drive Reconciliations Efficiency In Period of Increased Volume
As the coronavirus drives trading volumes, post-trade processing is increasingly an area of operational risk, and firms should consider automation, analyst says.
Amid Public Market Volatility, Emerging Technologies Boost Investor Confidence in Private Markets
As the private markets grow, so does investor appetite for them, particularly as public markets hurt. Emerging technologies are helping.
UBS’s COO: 'Hybrid Pods' Accelerate Remote Working Solutions Amid Pandemic
Beatriz Martin says the bank has about 400 of these agile development teams—which were first rolled out last year—consisting of about 2,500 people across the organization.
Deutsche Bank Turns Attention to Production Engineering
DB's Stuart Gurr says past automation efforts have helped the bank weather the Covid outbreak, highlighting the need for further automation.
Morgan Stanley's Katherine Wetmur on Tech Investment, Covid-19 Response
As 'years' of tech investment pays off amid the coronavirus pandemic, Morgan Stanley eyes tools that can help it identify business process efficiencies.
Torstone to Integrate Risk Calculations into Inferno
The vendor will add trading position flow and risk calculations to the platform this year, as it continues to integrate functions from recent acquisition Percentile.
Gresham Technologies Expands Use of RPA for Reconciliations
The vendor's CTO says automation capabilities embedded within the company's Clareti platform can help with repetitive tasks.
ChartIQ Connects to the Bloomberg Terminal Connect API
The integration will allow for efficiency gains and risk reduction for users of the Finsemble app interoperability platform and the Terminal.
Xceptor Lasers in on ML and NLP
The vendor is also considering including deep learning capabilities to the platform.
BofA’s ‘Citizen Devs’ Take on Innovation Mantle
The bank's central data and technology group enables frontline ‘citizen developers’.