To keep its asset servicing functions running smoothly, Northern Trust is using technology from performance management analysis software vendor Enlighten to identify available resources.
Unprecedented volatility in March is leading the bank to double down on its AI systems in a big way.
Fund administrators are dealing with unprecedented volumes of pricing information and exceptions.
The bank is in the throes of a hefty transformation project within its Investor Services division, which began with machine-learning efforts last year.
WatersTechnology looks at 16 projects in the capital markets that involve machine learning to show where the industry is heading.
The bank is looking to automation in the middle and back offices as it seeks to exploit emerging technologies.
The firm has bolstered its middle-office outsourcing tools with the release of InfoNAV and aims to include AI features in the future.
Andrew Dougherty of BNP Paribas Securities Services talks to WatersTechnology about this recent acquisition and what it means for unit going forward.
As European firms move to comply with data and reporting requirements under MMF Reform, they can learn from a similar initiative introduced seven years ago in the US
Jupiter Asset Management implements oversight solution to automate collection of fund valuation data, daily NAV prices verification.
Starting October 14, US institutional money market fund valuations must float
The prices will support MUFG's NAV calculations for fund clients
Should crucial calculation errors have the buy side rethinking an entrenched model?
Alternatives to securities pricing needed as Athens stock market remains closed
New function automates re-reconciliation.
The solution is device-independent and provides real-time risk data.
Finer informational granularity required as rule adjustments creep up.
Markit has launched an intraday net asset value (iNAV) service for exchange-traded products that combines securities pricing data from global exchanges with the vendor's proprietary fixed income evaluated prices, which it calculates for more than 2.3…