Power
Antitrust complaint against Cusip can go forward, SDNY judge rules
The federal judge presiding over the ongoing class-action suit against Cusip Global Services, S&P Global, FactSet, and the American Bankers Association, has dismissed all complaints against the defendants except one alleging the quartet violated Section 2 of the Sherman Antitrust Act.
Power to the People
Information is a valuable commodity in the financial services industry, although its real value is only fully realized when it is interpreted and shared across the business. This is the domain of Macrobond, which not only provides the broadest and…
LME overhauls tech, data stack amid calls for trading floor closure
The London-based commodities exchange has embarked on an ambitious technology and data infrastructure modernization strategy as it takes steps to close its open-outcry floor.
On Cobol and Legacy Systems: Covid-19 Turmoil Calls For Change
Financial industry experts say the time to start future-proofing was yesterday.
Lazard Asset Management Looks to Reinvent Asset Classifications
The firm is developing themed asset categories for investors by finding new correlations in alternative datasets.
LSEG Faces Culture Shock Implementing its Cloud-First Program
LSEG CIO Ann Neidenbach said London is ‘tapped out’ of cloud DevOps talent.
Universal-Investment Explores AI to Develop ESG Services
The administrator is looking at how artificial intelligence can be used to extract online sentiment and create customized alternative data services to attract clients.
Geopolitical Risk Data Moves from Foreign Intelligence to Fund Management
As nations and markets become increasingly interconnected, geopolitical risk has become top of mind for portfolio managers.
Buy-Side Firms Turn to AI for Efficiency Amid Barriers to Adoption
Assuming that automated artificial intelligence holds the key to unlocking fragmented datasets, the absence of standardized models coupled with regulatory concerns remain barriers to adoption.
Safe as Houses
If you want the definition of a circular argument, talk to anyone involved with clearing about resilience and recovery. But more pernicious risks remain unaddressed.
5G Networks: Information Overload
Despite what some wireless carriers say, we’re still a few years away from a mass rollout of true 5G networks. While they will be revolutionary, right now it’s more hype than reality. WatersTechnology tries to look ahead to see how capital markets firms…
Independence Day: Separation Brings Value for Fintech Spinoffs
Financial firms with a data or technology ‘vendor’ arm developed in house are finding that separation can benefit both business lines. Max Bowie speaks to companies that have spun out from other organizations about the good, the bad, and the ugly aspects…
Fintech Finally Finds Its Feet
As Waters celebrates its 25th anniversary, James increasingly sees an industry more excited about technology than ever—and with good reason.
FCA to Tackle Big Data, Expects Firms to Act Ethically
Charles Randell says data and technology usage by firms should "liberate" not "disenfranchize" consumers, and regulation is "central to defining" ethical practices.
Best Data Governance Solution: Duco
IMD/IRD Awards 2018
Best Big Data Analytics & Technology Provider: AlphaSense
IMD/IRD Awards 2018
Bitcoin Mining Has Tangible Negative Effects for Taxpayers and the Environment
Mining for one bitcoin consumes 847 kWh; processing 100,000 Visa transactions consumes 169 kWh…and the bitcoin network produces 415.14 kgs of CO2 per transaction.
DataStax Drives Asset Control’s Cloud-Based Reference Data Platform
Asset Control has picked Santa Clara, Calif.-based DataStax to power development of new data management services.
OTCGH’s EOX Expands US Implied Volatility Pricing
The expanded pricing service adds implied volatilities for new locations, as well as historical volatility and other datasets.