Data
APIs: Frontier of a New Threat
APIs are becoming more important as firms digitize and adopt microservices architectures, but they come with unique security threats. By Joanna Wright
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.
This Week: SimCorp, Nasdaq, FactSet/Snowflake, IBM
A summary of some of the past week's financial technology news.
SEC Preps Shakeup of US Consolidated Tapes
The SEC wants a single consolidated data plan to improve data latency and availability over the current consolidated tapes.
California's New Privacy Rule Will Impact Financial Institutions
The CCPA came into force on Jan 1, and while it exempts some consumer data from its scope, firms that have business data on state residents will be pulled in.
Isda Wants Regulators to use its Model to Draft Rules
The trade association is looking to offer its Common Domain Model to rulemakers.
Biofuels Broker SCB Eyes More Data Partnerships in 2020
After setting up a dedicated market data function last year, the broker plans to enlist more vendors to increase distribution of its data,
SEC Democratic Commissioner Slams CAT Delays
Robert Jackson dissented from a new proposed order to modernize exchange data.
5G & IoT: Are You Ready for the Data Deluge?
The combination of these two revolutions will see data volumes skyrocket. As a result, Anthony Malakian says data providers will be able to find new datasets to package for clients, while investment firms can create unique investment insights.
US Treasury Bureau: Cyber Insurance Premiums Rising
Cybersecurity insurance is getting more expensive as insurance underwriters grapple with a lack of data on this ever-evolving coverage area.
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…
TD Securities Eyes Data on Internal ‘Hydra’ Risk Middleware in 2020
The firm sees benefits of making data available on the platform, which already hosts risk and P&L functions, as well as settlement and reporting applications.
IBM Exec: With Blockchain, It's All About Governance Interoperability
The tech company's VP of digital transformation talks blockchain and disruption caused by a highly-interconnected economy.
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…
Ahead of Test, CAT Faces Hurdles with Reporter Agreement
Sources say broker-dealers have not yet signed an agreement allowing them access to the test environment.
People Moves: Refinitiv, State Street, DTCC, Liquidnet & More
A look at some the key "people moves" from last week, including Mike Hill (pictured), who joins Compliance.ai.
Banks Begin Testing MDSL-FactSet Auto-Procurement
The service automates the process of permissioning and ordering market data services—initially from FactSet, though MDSL is extending it to cover other vendors' services.
Wells Fargo Exec: Banks Struggle To Feed Hungry AI
Vast amounts of data and processing could hinder exploitation of emerging tech, says Ravi Radhakrishnan as it partners with MIT-IBM Research lab.
IMD/IRD Awards 2018: Winners' Review - A Level Playing Field
It used to be the case that many of the Inside Market Data and Inside Reference Data Awards would be taken home by a small number of the largest data providers. This year, it was a much closer race, with a greater variety of winners and only three…
Brown Brothers Harriman Automates NAV Reviews with Machine Learning
The bank is looking to automation in the middle and back offices as it seeks to exploit emerging technologies.
EDM Council Forms Data Women’s Group
The new interest group will help provide collaboration, networking, and mentoring opportunities for women seeking to advance their careers in the data industry.
Systematic or Discretionary: Point72’s Granade Says Lines Are Blurring
At Waters USA, the chief market intelligence officer of hedge fund Point72 discussed how tech and data are disrupting traditional ideas about investing.
BNY Mellon Takes a New Tack to Digital Transformation
The custodian is trying to make digitization core to all the organization's activities, its innovation head says.
New York Fed Eyes Machine Learning to Predict Misreporting
The regulator's goal is to decrease the back and forth during reporting and predict misreporting.