Security
ING Leverages Graph Technology to Identify Suspicious Activity
The bank is developing its data analytics platform, Hunter, to better identify financial crime.
Science Friction: Some Tire of Waiting for Quantum’s Leap
Use cases for quantum computing are piling up—from CVA to VAR. But so are the obstacles
Manulife Refines ESG Methodology and Plugs Data Gaps with NLP
The asset manager has adopted materiality tools, industry handbooks, and NLP techniques to help navigate ESG data limitations.
EU Proposal Takes Aim at Major Cloud Providers
Jo writes that the EU’s new digital package could find large cloud providers operating in the bloc subject to potentially invasive oversight, as the EU strives for “data sovereignty”.
Data Poisoning: An Emerging Threat for Machine Learning Adoption
Experts from IBM and Bank of China say they're on the lookout for this emerging threat, as machine learning gains in popularity.
Trust Issues: As Zero-Trust Architectures Mature, Bank Infrastructures Face 'Growing Pains'
Coronavirus has heightened the need for IT and data security, exposing areas for potential improvement. One option is to lock down sensitive areas using a practice called Zero-Trust Architecture, which offers a host of benefits, but brings with it some…
OneMarketData Advances on Cloud Migration and Extends Asset Class Coverage
The vendor will roll out new coverage across OTC derivatives, fixed income, and FX in the third and fourth quarters.
After Acquisitions, Broadridge Looks to Expand Continental Europe Fund Comms Business
The financial services firm aims to branch out beyond the UK and Ireland with its fund communication solutions business.
RFA Taps AI for Managed Data Services Platform
Cloud data platform includes fully managed warehousing, ingestion, and analytics, with AI-enabled security functions.
Lazard Asset Management Implements ESG Mapping Tool
The investment manager has developed frameworks to better understand how ESG issues impact individual company performance and sectors.
SteelEye to Hire CME Reg Reporting Talent
While many firms have enforced hiring freezes during the pandemic, the regulatory reporting vendor has plans to aggressively grow its staff count.
Citycom Employs Facial, Object Recognition for Covid Remote Working Security Checks
The new solution can give firms insight into the activities, performance, and health of employees working from home during the Covid-19 outbreak, to monitor for potential risk factors and security breaches.
UBS Head of Tech: How Virtual Desktops Keep Workers Plugged in During the Pandemic
The Swiss bank’s A3 system offers a blueprint for remote working as the industry looks to life beyond coronavirus.
As June Deadline Looms, Broker-Dealers Begin Reporting to the CAT
As CAT reporting activity picks up, error rates have somewhat surprisingly been well below what was expected in the testing and production environments.
Esma Guidelines Call for Full Audits of Cloud Providers
The regulator is consulting on outsourcing contract guidance that would give firms and supervisors access to the books and premises of providers.
Covid Provides RPA a Chance to Shine, but Skeptics Remain
The pandemic has highlighted the need for greater automation, leaving some retail banks to embrace RPA, which could seep into the wholesale capital markets.
Banks Need a Hybrid Approach to Cryptography in Face of Quantum Threat
Execs from Barclays, IBM & Post-Quantum discuss why financial firms have to start preparing today for the future of hacking and quantum computing.
Don't Cut Alt Data Spend, HSBC Data Manager Warns
Slashing budgets will lead to inaccuracies as banks turn to alt data for fraud detection and to monitor customer behavior during the coronavirus crisis.
Banking Regulator: Beef Up Security in Covid-19 Remote Working Era
The OCC security controller warns that cybercriminals are exploiting the wider attack surface created by remote working.
Banks Grapple with VPN Capacity Amid Covid-Induced Network Strain
Private network limitations and variable internet connectivity have challenged operational resiliency and business continuity plans.
Goldman Sachs Revamps Virtualization Infrastructure
The investment bank is leveraging Red Hat's OpenShift technology to better manage its global footprint of virtual machines.
Covid-19 Piles Pressure on Fund Accounting
Fund administrators are dealing with unprecedented volumes of pricing information and exceptions.
Symphony Hires Brad Levy as Chief Revenue Officer, Plans Second Meetings Launch
The former MarkitSERV CEO joins Symphony as the collaboration platform vendor prepares to release a new videoconferencing service by the end of June 2020.
This Week: State Street/Microsoft; Refinitiv/Global Relay; SimCorp/Anima; TSE & More
A summary of some of the past week's financial technology news.