Since the release of ChatGPT, excitement and hype have been abundant across industries for this form of generative AI. For capital markets, the wave of innovation that could result may be a few years away but it’s worth paying attention to—and being critical of.
A summary of the latest financial technology news.
While there weren’t many headline-grabbing acquisitions in 2022, the year contained a handful of deals that point to expanding trends in the exchange technology industry.
Regulators are looking to all-to-all trading as a possible solution for worrying volatility and deteriorating liquidity in US Treasury markets.
Jo says the SEC’s Treasuries-focused regulatory agenda will come to fruition next year, and tech vendors will face the burden of those proposals.
Machine learning tool forecasts effect of shocks on implied volatility surfaces in minutes.
While Nasdaq is set to begin migrating its MRX exchange to AWS’s cloud infrastructure next month, the full migration program could take 10 to 15 years to complete.
From academics to data teams at investment banks, those in and adjacent to the capital markets are looking to specialize natural language processing models to understand and break down financial data.
A whitepaper from the DTCC and Celent finds that 67% of buy- and sell-side firms hope to be “cloud first” by 2024, but mainframes still part of the equation.
Vendors are looking to provide AI models to help financial professionals get more value out of unstructured data sources.
A look at some of the key "people moves" from this week, including Neal Pawar (pictured), who joins Talos as a strategic adviser.
Investment firms have a role to play in incentivizing the green transition, but they must have forward-looking data.
This paper investigates the extent to which firms have embraced outsourcing across the global investment management industry, key benefits they can reasonably expect on the back of outsourcing business processes and technologies to a specialist third…
A look at some of the key "people moves" from this week, including Linda Avery (pictured), who joins the EDM Council's board of directors.
A look at some of the key people moves from this week, including Thomas Pluta (pictured), who joins Tradeweb as president-elect.
Insightful monitors in the range of 120 different communication channels and 40 different datasets, which will be integrated into Bloomberg Vault, among other BBG compliance systems.
Anti-money laundering laws and sanctions have brought complexity to banks' KYC/AML processes. Some vendors are responding by investing in their systems.
Exchange group looks northward in global expansion drive with completion of three trading system acquisitions
SG Americas plans to significantly reduce and even close datacenters in the US as a result of moving to the cloud and defining controls around cloud and data governance.
Project Octopus becomes Octaura, killing BofA’s Instinct platform and Citi Velocity trading protocol
Backed by the banks in the Project Octopus consortium, the new, independent company will launch this year with a focus on new trading protocols and integrated data analytics. At the same time, Bank of America will sunset its single-dealer loan trading…
BNY’s Eric Hirschhorn says processes—not just the data itself—need to be examined, and points to a data-centric approach.
The London-based investment manager spent four “long and intense” years rewriting its data science platform, Arctic.
A look at some of the key people moves from this week, including Shannon Johnston (pictured), who joins Deutsche Börse as chair of the supervisory board's technology committee.