People
'Data Mining is Bullsh*t' — An Examination
With the growth of alternative data in the capital markets, firms are struggling to find value, and are disillusioned by the loss of time, human capital, and money. Goldman Sachs’ Matthew Rothman believes this has created a situation where vendors and…
The Retraining Conundrum: How Best to Transform a Workforce?
Professor Jay Finkelman says that the most successful firms take a three-pronged approach to workplace transformation.
People Moves: Archax, Broadridge, FCA, Qontigo, and TruNarrative
A look at some of the key "people moves" from the past week.
TREP’s Tipping Point? An Examination of Refinitiv’s Market Data Platform
Refinitiv—and by extension, TREP—has experienced a fair amount of disruption over the last two years. Competitors are lining up to cut into the platform's market share.
Screen Founders Leave TRG, Set up Data Recruitment Firm
Brooimans and Fruitema will focus on helping financial firms in Europe to find experienced data professionals.
BofA’s ‘Citizen Devs’ Take on Innovation Mantle
The bank's central data and technology group enables frontline ‘citizen developers’.
Illuminate Rounds Out Baton Systems Funding with $4m Investment
This is the first investment Illuminate has made in a company offering DLT-based tech.
DNB Bank Advances on 3-Year Big Data, Data Science Initiative
The bank is rounding out the second year in its three-year plan, which includes more than 100 new data roles.
Nomura’s Head of Digital Warns of AI’s Predictive Limitations
The investment bank’s deputy chief digital officer says machines cannot predict markets, as the bank consolidates trading operations and builds an AI trading platform for fixed income and FX.
People Moves: Douglas Taylor, TD, Xavier Rolet, Guggenheim
A look at some the key "people moves" from last week, including Douglas Taylor (pictured, right), who is leaving Burton-Taylor.
Machine Learning Takes Hold in the Capital Markets: Some Examples
WatersTechnology looks at 16 projects in the capital markets that involve machine learning to show where the industry is heading.
People Moves: LSEG, West Highland, SEC, Fitch, Dash & More
A look at some the key "people moves" from last week, including Steve Bonanno (pictured), who joins Dash.
Brown Brothers Harriman Automates NAV Reviews with Machine Learning
The bank is looking to automation in the middle and back offices as it seeks to exploit emerging technologies.
EDM Council Forms Data Women’s Group
The new interest group will help provide collaboration, networking, and mentoring opportunities for women seeking to advance their careers in the data industry.
Systematic or Discretionary: Point72’s Granade Says Lines Are Blurring
At Waters USA, the chief market intelligence officer of hedge fund Point72 discussed how tech and data are disrupting traditional ideas about investing.
BNY Mellon Takes a New Tack to Digital Transformation
The custodian is trying to make digitization core to all the organization's activities, its innovation head says.
Technology is About More than Technology
Anthony explains that if you can’t solve for fundamental business challenges, your deep-learning algorithm will never ever run inside a bank or institutional asset manager.
UBS Cuts Outsourced Tech Jobs
The investment bank has eliminated thousands of roles and revamped its approach to outsourcing over the last two years.
Support Swells for Developer in Spoofing Software Case
Petition for Chicago programmer Jitesh Thakkar nears its goal as industry worries about precedent CFTC enforcement case could set.
Jupiter Asset Management Taps RPA for Manual Process Automation
The asset manager is reviewing various processes to see what kinds of automation could bring efficiency.
After Fidessa Exodus, Some Users Brace For Trouble
WatersTechnology spent three months examining Fidessa to see what has transpired inside the vendor since the Ion acquisition. During a period of great change, a lot of questions—and worry—remain.
TISA Assesses Vendors for Mifid II Reporting Solution
The regulatory reporting utility product for fund managers is targeted to go live by mid-2020.
Old Dogs, New Tricks: Veteran Tech Execs Enjoy the Startup Life
An examination of how long-serving industry veterans are finding a home at fintech startups.
People Moves: AlgoDynamix, Tourmaline , Asset Control, SIX
A look at some of the key "people moves" from the past week, including Marion Leslie (pictured) who joins SIX.