Security
Nasdaq Updates Surveillance Offering to Build Trader Profiles to Catch Spoofing
The company is combining different data sources to help users spot market abuse and manipulation.
This Week: Fidelity Digital Asset, State Street, HSBC, Instinet, INTL FCStone, Quantopian
A summary of some of the past week’s financial technology news.
SEI Expanding API Usage to Better Partner with Fintechs
SEI will work with other companies to build third-party applications connecting to its wealth platform.
AFME Calls for pan-European Crypto Asset Taxonomy
The industry body has urged EU lawmakers and stakeholders to become leaders in delivering a common regulatory framework for digital assets.
AI in the Cloud: How the Two are Making for a Perfect Match
As more financial institutions are starting to expand their usage of AI, they are turning to the cloud to help scale up. However, there are things to consider before doing so. Wei-Shen Wong examines.
IBM Uses Homomorphic Encryption on Real Financial Data
The tech giant tested the technique on tasks involving machine learning at a large bank, with positive results.
DTCC Explores Gatekeeper Role for DLT Networks
Post-trade company looks to stay ahead of DLT curve with plans to act as CCP for firms trading on permission-based blockchains.
Microsoft: Homomorphic Encryption Has Big Implications for Capital Markets
The company is carrying out proofs of concept with banks and asset managers on the technology that allows computation on encrypted data.
LSEG Faces Culture Shock Implementing its Cloud-First Program
LSEG CIO Ann Neidenbach said London is ‘tapped out’ of cloud DevOps talent.
Finra CAT Taps CenturyLink for Private-Link Reporting
Industry members are also being asked to focus on large-volume trades for December’s deadline.
People Moves: Tradition, Glue42, DataRobot, SEC, Tora, BTON, Chainalysis
A look at some of the key "people moves" from June 24-28, including Rob Hegarty, who joins DataRobot.
Daiwa Capital Markets Tackles GDPR Using Multi-Layer Encryption Tools
Investment bank is anonymizing data to meet cross-border data protection and cybersecurity regulations.
CFTC Hires Former White House Privacy Analyst
Cutshall takes over as chief privacy officer.
OpenFin Adds Data Privacy Layer to Operating System
OpenFin has deployed Exate’s data privacy technology to its operating system to help with new rules, such as GDPR.
Industry Participants Differ on Blockchain Benefits
As some firms are pushing forward with blockchain projects, others are saying it's not yet ready for prime time.
Human-Machine Fusion Seen as Key to Cyber Defense
Software and flesh-and-blood humans are both important when it comes to protecting an institution, panelists say.
Scottish Stock Exchange Looks to Prioritize Security
The planned exchange will source its trading platform from Euronext and is expected to announce more technology partnerships.
Banks and Bourses Increasingly Combine Cloud, AI for Data Projects
The combination of the two technologies is bearing fruit for firms struggling with legacy architectures, but education and talent remain tough obstacles to overcome.
Digital Asset Opens Smart Contract Language to Other Blockchains
VMware blockchain and Hyperledger Sawtooth begin support of DAML on their platforms.
Data Standardization Remains Top ESG Roadblock
As asset managers seek to incorporate ESG factors into their portfolios, they are facing challenges—particularly around data consistency. Some say custodians could offer solutions.
Wavelength Podcast Episode 160: Pete Cherecwich of Northern Trust
Pete talks about privacy and convenience—and where firms tend to get tripped up when walking this balance beam.
ChartIQ's Finsemble Adds Support for Electron Open-Source Tech
Partnering with Electron opens up more possibilities for Finsemble users.
Drawbridge Partners Appoints Tadijanovic as CTO
Tadijanovic brings 20 years of IT, platform and strategy experience to his new role.