Natural language processing
OK regulator? How AI became respectable for AML controls
Dutch court case pressures supervisors to accept new tech; explainability the key challenge
The haves and the ‘have bots’: can AI give vol forecasters an edge?
Quants at Acadian, Man Group, Northern Trust and PGIM are investigating the use of machine learning and natural language processing to improve volatility forecasts.
Waters Wrap: ChatGPT, data officers, and reaching new frontiers
As banks clamp down on large language models like ChatGPT, Anthony says that CDOs can help firms experiment with these chatbots while developing the proper governance structures.
MSCI’s multi-cloud strategy aims to provide a new window into investment data
The MSCI One platform already runs on Microsoft Azure, and MSCI is building a new investment data platform on Google Cloud to utilize the search giant's AI and NLP capabilities.
Large language models: Another AI wave has come—what could it bring?
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…
Waters Wrap: For data managers, the new problems are the same as the old
While much attention has been given to cloud, AI, blockchain and other buzzwords, without a proper data foundation, those tools will not deliver the results that have been promised.
Waters Wrap: ChatGPT and the next wave of AI evolution
As the December holiday break loomed, a new tool released by OpenAI had engineers, analysts, programmers and even writers like Anthony wondering what the future of their professions might hold.
Here’s what ML and NLP powered in capital markets in 2022
As machine learning and natural language processing continue to spread across the industry, WatersTechnology highlights stories from 2022 that feature new use cases.
Bot’s job? Quants question AI’s model validation powers
But supervisors cautiously welcome next-gen model risk management
Four years on, S&P's Kensho buy yields new automation tools, saving decades of manual data analysis
S&P-owned AI tool Kensho is leveraging its parent's massive datasets with its own machine learning to release a series of tools for analysts.
How to hone NLP's detection skills: a cue from a super-sleuth
With a sharper focus, AI readers could help detect hidden exposures for investors
Continuous evolution: Researchers work to specialize NLP for finance
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.
Waters Wrap: The buy side, the changing nature of buy v. build, and how fintech has evolved
Neal Pawar, the former CTO of AQR and current COO of Qontigo, chats with Anthony about some of the major trends that are changing how asset managers interact with the vendor community, and how this shift mirrors the most significant evolutions in capital…
After switch to Google, Symphony begins data migration for clients
Symphony decided to first migrate client data to Google from AWS, and then focus on applications.
Advancements in NLP bring focus to document insight
Vendors are looking to provide AI models to help financial professionals get more value out of unstructured data sources.
Waters Wrap: Fintech funding—follow the money
As funding for startups and young companies dries up due to inflation and rising interest rates, Anthony looks at some of the vendors that have received monetary infusions this year to see if there are any patterns to be gleaned.
SS&C looks to leverage Blue Prism’s RPA capabilities to improve reconciliations, onboarding
After acquiring Blue Prism earlier this year, SS&C is looking to pair its Chorus business process optimization tool with the RPA specialist.
Amid macro storm clouds, a silver linings playbook for fintech
Banks and VCs believe inflation and rising interest rates will result in winners as well as losers
FactSet blends ML, NLP for predictive data analysis
The vendor is drawing on its vast collection of data to develop predictive signals for credit ratings, shareholder activism and more.
Waters Wrap: The Big Tech cloud providers are coming for your toys
Anthony thinks that the fintech community should be looking over their shoulders as the major cloud providers are going to disrupt financial markets even more than they do today.
Man Group revamps data science platform to tackle data deluge
The London-based investment manager spent four “long and intense” years rewriting its data science platform, Arctic.
This Week: State Street/MarketAxess, Aquis, Linedata & More
A summary of the latest financial technology news.
Banks eye ‘nirvana’ in machine-executable swaps reporting
Coded reporting requirements could save banks “millions” in compliance costs, bank execs say.
Waters Wrap: Snowflake’s cloud plans and what they mean for the interop movement
Upstart Snowflake hopes to be the global data network that brings true interoperability between data and trading platforms across the capital markets. Anthony says it’s an audacious plan, but one worth watching.