Investment
Cryptocurrency Exchange itBit Adds Four New Currencies
The firm now covers the five largest cryptocurrencies.
Hedge Funds Hunt for Alpha Across 1 Billion Smartphones
Mobile geolocation has opened a new frontier for investors
SBI Invests in High-Speed Broker Potamus
The investment is expected to help expand business in the US and other asset classes.
WatersTech Spotlight: Fintech M&A
The fintech landscape has changed markedly in recent months as a result of M&A activity. Here are five of the most notable deals.
The War for Talent: Emerging Technologies Create New Needs
Financial firms battle it out in a finite pool of talent, for the best and brightest fintech minds.
Buy Side Lacks Skills to Handle Alt Data, Says Goldman Sachs Quant
Lack of skills for evaluating alternative datasets remains an industry problem, with firms looking to hire data scientists and technologists to make use of the new data.
Nordea Blockchain Expert Urges Crypto Regulation
Regulation is the key to weeding out bad actors in the cryptocurrency and blockchain spaces, bank expert says.
Quants Say Internal Data will Unlock AI’s Full Potential
At this year's North American Financial Information Summit, industry experts talked about the importance of sourcing and using internal data to find alpha.
Crypto Markets Continue Breakneck Pace of Development
The release of professional-grade services by the largest digital currency exchange demonstrates a breathless pace of growth that may be masking wider issues with the nascent asset class, traders suggest.
ESG Data Specialist TruValue Labs Secures $13.6 Million in New Funding
The San Francisco-based company will use the investment to expand its language coverage and its AI-driven predictive analytics.
Aussie Blockchain Hedge Fund Eyes Start in Coming Months
First Digital Capital, whose investments will be focused solely on the blockchain economy, is currently assembling its management team.
Deutsche Bank ‘Data Innovation Group’ Unveils First Data Tool
The first tool from Deutsche Bank’s Data Innovation Group analyzes companies’ values based on ESG and other factors, and public perception of a company’s ESG efforts.
JPMorgan to Invest in AI, Tackle Privacy Concerns
Global investment bank says that transparency is key to instilling trust in use of AI.
BNY Mellon’s Eagle Inks Microsoft Cloud Deal
The two firms will collaborate to build a cloud-based data platform for investment managers.
Neudata Hires Former Fidelity International Analyst as Research SVP
Officials say Mahony's buy-side background will help Neudata expand its use-case research capabilities.
Digital Reasoning Looks Beyond Conduct with $30 Million Funding
AI specialist will use the funds to spread its reach into other areas.
Confluence to Seek Acquisitions Following Majority Investment
TA Associates’ majority investment deal with Confluence includes a push toward inorganic growth.
Northern Trust Enables Audit Access for Private Equity Blockchain
The enhancement aims to enable real-time auditing of private equity firms and add transparency into the process.
Trading Technologies Plots Evolution Away from Screens
Chicago vendor touts move away from screens—sort of—and into infrastructure and analytics.
Finastra and Microsoft Partner for Cloud Platform
Finastra will host its applications in its cloud platform, FusionFabric.cloud, hosted by Microsoft Azure.
Hurricane Mike: Urciuoli Storms JPMorgan Asset & Wealth Management
JPMorgan Asset and Wealth Management's CIO brings the pace of the trading floor to asset management.
Bitcoin Futures Face Turbulent Times in the Windy City
Bitcoin conquered the world in 2017, but the performance of the futures looks like it will have to wait longer for take-off.
Fidessa and Temenos—A Bold Move
WatersTechnology's editor-in-chief on the proposed Temenos-Fidessa deal, CEOs-turned-cricket umpires, and fintech maturity.
AIC’s Sayers: FCA KIDs Clarification ‘Very Helpful’
The Association of Investment Companies CEO says an FCA statement on Key Information Documents attached to Priips helps, but does not solve, the KIDs’ fundamental problem with overly optimistic projections.