Development
People Moves: HSBC/Solidatus, AWS, West Highland, CloudMargin, and more
A look at some of the key people moves from this week, including Lorraine Waters (pictured), who joins Solidatus as chief data officer.
This Week: Refinitiv; State Street/BlackRock; SteelEye; SimCorp; FEX Global/TT
A summary of some of the past week’s financial technology news.
Knowledge graphs show glimpse of full potential
Technologies such as knowledge graphs that look at data in a non-linear manner can not only spot correlations and associations that aid investment analytics, but can also help tackle costly challenges such as change management and regulatory reporting.
Pictet Asset Management enlists Finsemble to overhaul fixed-income, FX workflows
The Swiss bank’s asset management division has been working with Cosaic for a bit over a year, and has used Finsemble to automate heavy workflows in FX pricing, money market yields, and credit.
S&P/IHS Markit: OPIS Faces Spin-Off; Cappitech Beefs Up Regtech Frontline
Commonalities between the two firms' commodities pricing units bring them under regulatory scrutiny as they move closer to an acquisition deal. At the same time, it appears that IHS will lean into the regulatory reporting space.
This Week: Pimco/Man Group, Microsoft & Others, Cboe, Trumid/Goldman Sachs, Fenergo, & More
A look at some of the past week’s financial technology news.
Asia at the Forefront of Innovation—A Look at Tech Projects in the Region
WatersTechnology looks at some of the major projects coming out of Asia that are leading the way for firms around the globe.
Point Break: How Vendors Push Their Products to the Limit
Vendors don’t release new products or updates without putting their software through rigorous testing. What does that testing involve, and what different approaches do companies employ? Max Bowie finds out.
Bloomberg Enlists NLG to Write News Summaries
The data provider is using natural language generation to summarize news articles and write automated stories.
Nasdaq Looks to Contextualize ESG Ratings
The exchange's ESG Footprint converts ESG data into everyday metrics to show investors the impact of their portfolios.
Fitch Solutions Revamps FitchConnect Using Micro-Frontend Technology
The use of agile development techniques and adoption of micro-frontend technology has yielded significant improvements in development productivity, officials say.
Waters Wrap: Blockchain is Still Overhyped (And Ion/Broadway Thoughts & the Consulting Boom)
In 2016, Anthony wrote that the blockchain revolution was overhyped—unsurprisingly, his opinions have not changed. He also delves into the Ion-Broadway deal, and looks at new consulting/advisory firms that have recently come to market.
EU Firms Seek Clarity on Tech Requirements for Incoming Cloud Guidelines
As Europe prepares for a new batch of outsourcing rules, some firms are looking for answers on how to test exit strategies and mitigate concentration risk.
Temenos Continues Digitization of its Investor Servicing Portal
Following its acquisition of digital banking SaaS company Kony last year, Temenos will be updating the UX across all its products.
SmartStream Plans to Go 'Cloud Native' with Full Suite of Solutions
After two cloud-native product successes, the vendor plans to migrate all its software to cloud native to optimize the benefits of running in the cloud for clients.
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.
People Moves: Broadridge, Schroders, Cboe, TP ICAP, Temenos, Ideal Prediction, and ASX
A look at some of the key "people moves" from this week, including Vijay Mayadas (pictured) who has been appointed president of capital markets at Broadridge.
QuantConnect Brings Low-Code Principles to Quant Finance
Later this year the vendor is looking to allow users to clip together various components of an algorithmic trading strategy, making it easier for users with limited programming skills to build their own trading strategies.
SmartStream Air 2 Breaks Cover… and the Rules of Data Reconciliation
This paper is based on a series of interviews that took place in Q3 2020 with two SmartStream personnel intimately involved in the development, launch and commercialization of SmartStream Air 2: Andreas Burner, chief innovation officer for blockchain and…
Data Issues Still Hamper AI—But AI Can Fix Them
Instead of waiting for data quality to be sufficient to power AI models, those at the cutting edge are building models to bridge the gaps in the data, and apply it to more sophisticated use cases.
Moving forward with Libor transition and Ibor reform
This report provides a guide to figuring out what is at stake with Libor and other interbank offered rates. It addresses the challenges and risks, the development of alternative data or reference rates, and begins the process of replacing Libor well…
European Commission Picks FactSet for Risk Data
The EU authority is buying three datasets from the vendor, which it will use to track supply chain risk in the single market.
EU's AI Regulations Could Lay Blame With CTO
Jo wonders if the EC's approach to regulating AI could adapt existing liability laws—with implications for individuals.
UBS Evidence Lab Uses Hospital Data to Profile Regional Recoveries
The unit is combining foot-traffic data and proprietary datasets derived from hospitals to develop a better understanding of outbreaks and predict a timeline for recovery.