Industry groups and tech experts are worried that proposed last-minute changes will introduce new risks.
A summary of some of the past week’s financial technology news.
Futures market participants say standardizing trade allocations through a post-trade utility could prevent a repeat of the chaos seen in March 2020, when back-office systems fails resulted in thousands of trade breaks.
The market infrastructure firm founded a new advisory service last month, which has begun its first client engagement to evaluate regulatory reporting.
What do Liquidnet and Trading Technologies (and others) have in common? Anthony explains. He also discusses advancement—and disillusionment—in the quantum space.
The new module will be aimed at anyone who is charged for data from external vendors and needs to track data consumption across their organization.
The vendor is streamlining its platform for reporting to the consolidated audit trail.
The investment management solution and cloud infrastructure provider is also planning to roll out a new risk management service.
The institution is banking on financial market firms to drive adoption of the Isda CDM by offering it with new products and services.
ISITC's Lisa Iagatta explains why the industry will need to come together to tackle new challenges facing the world of operations.
The central bank's report on the future of post trade will face the same competitive interests that have hindered previous attempts at eliminating inefficiencies and bringing automation to the back office.
As the coronavirus drives trading volumes, post-trade processing is increasingly an area of operational risk, and firms should consider automation, analyst says.
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 vendor's CTO says automation capabilities embedded within the company's Clareti platform can help with repetitive tasks.
This research paper charts the progress of SmartStream AIR, from its inception around the start of 2018 to its launch, and focuses on the new ground it breaks in what is historically a complex, expensive and invariably laborious process within large…
The vendor is also considering including deep learning capabilities to the platform.
WatersTechnology looks at 16 projects in the capital markets that involve machine learning to show where the industry is heading.
Throughout 2019, artificial intelligence (AI) has been one of the most predominant buzzwords in the financial technology space. AI has promised enhanced accuracy and improved efficiencies, allowing staff to focus on higher-value tasks—it truly has the…
Sibos 2019 was a significant event for SmartStream Technologies, marking the official launch of SmartStream Air, the firm’s cloud-native, AI-enabled reconciliations platform that is set to shake up the reconciliations industry. Victor Anderson caught up…
The bank has a number of projects using emerging technologies, one of which optimizes the process of detecting price anomalies.
FpML has been a key enabler of automation in the derivatives industry, but its value could be further enhanced by providing value-added web services with open connectivity.