Data science
UBS AM’s Quant & Data Science Unit Looks to Blend Human & Machine in 2021
The QED team within the asset manager is aligning its focus next year to deliver a holistic AI platform to its investment professionals—including a recommendation engine.
IBM Bets on Cloud & Containerization to Win Over Investment Banks
After its acquisitions of Red Hat and Promontory, IBM is looking to expand its footprint in the capital markets through containerization, as well as reg reporting in the cloud.
FX Markets Ripe to Exploit Sentiment Data, Experts Say
Already well established as an alpha-enhancing input to equities trading, sentiment data is now being applied to other asset classes, starting with foreign exchange.
This Week: RepRisk/JP Morgan; TP Icap; Moody’s/MioTech; FTSE Russell; SimCorp & More
A summary of some of the past week’s financial technology news.
RavenPack Adopts 'NLP-as-a-Service' Model with Focus on Firms' Internal Data
The news sentiment and analysis specialist wants to help banks tap into the datasets they sit on every day, but don't yet possess the capabilities to use.
Deutsche Bank First Looks to Interop, Chatbot Projects After Partnering with Google
The bank will look to enhance existing capabilities and potentially introduce new solutions with Google’s help.
Asset Manager Nuveen Builds New Data Platform to Integrate ESG Information
The TIAA company has developed its own metrics and partnered with provider Zaloni for a comprehensive approach to sustainable investing.
Waters Wrap: Causal Machine Learning Represents Next Evolution of AI (Plus ESG & Innovation Issues)
Anthony looks at an interesting project using causal inference by IBM and Refinitiv, and what this latest evolution of machine learning could mean for innovation in the capital markets in the future.
This Week: MEMX, IUAM/SS&C, Northern Trust, EBS and BME
A summary of some of the past week’s financial technology news.
IBM, Refinitiv Partner on Machine Learning Project to Better Understand Market Correlations
The two companies are in the early stages of using causal inference to help firms build machine learning models that are better able to handle disruption from events like the Covid-19 pandemic.
Banks Struggle to Manage Technical Debt When Dealing with AI, Data Science
Data scientists, IT teams, and the business professionals should work together when deploying emerging technologies and data science models. Otherwise, they may be setting themselves up to fail.
Asset Managers Strive to Differentiate ESG Strategies
PanAgora and Manulife have incorporated alternative datasets and internal industry handbooks, respectively, into their ESG strategies.
Waters Wrap: How Cloud, APIs, and Open Source Are Changing the World of Fintech (And Blockchain's ZTA Play)
Anthony looks at how the lines that have traditionally defined the world of "fintech" are blurring. Also, can blockchain help with ZTA's advancement?
ASX Presses Forward with DataSphere Buildout
The initiative's aim is to capture more of the exchange's internal data to commercialize that useful information for the investment community.
Synechron Aims to Normalize ESG Ratings
The company is launching a new workbench in Q4, along with other prototypes and new accelerators.
Snowflake Looks to Tackle Data Problems of Asset Managers, Exchanges
Snowflake is already working with the New York Stock Exchange on how to make its data easier to access for the pair’s overlapping clients.
IHS Markit to Add About 1 Million Analyst Reports to its Data Lake
IHS Markit uses Google’s transformer-based model BERT and a combination of classification and extraction techniques to determine what the documents mean and summarize them.
Silent Eight Preps Transaction Monitoring Tool
The firm is testing the tool with a few clients before making it available to a broader audience.
Lazard Asset Management Implements ESG Mapping Tool
The investment manager has developed frameworks to better understand how ESG issues impact individual company performance and sectors.
SteelEye to Hire CME Reg Reporting Talent
While many firms have enforced hiring freezes during the pandemic, the regulatory reporting vendor has plans to aggressively grow its staff count.
Lazard Asset Management Revamps Data Model to Reflect Covid-19 Reality
The firm developed a short-term data strategy to avoid the use of unreliable data and better understand the effects of the pandemic on the market as it evolves.
Dow Jones Equips Developers with Sample Codes
The financial information giant launched a recent blueprint, Covid-19 Timelapse, a dashboard that tracks the pandemic's impact on individuals, industries, and regions.
CLS Looks for Value in Discarded Data
The FX settlement specialist's information services arm is harvesting years of abandoned data for new projects.
Pandemic Fuels New Wave of Surveillance Tech
Firms are investing in new solutions for monitoring the front office in lockdown conditions, but the latest technologies raise concerns about privacy and intrusion.