Similar to its competitors, BMO wants the future development of financial services tools to be cloud-native. The bank expects 30% of workflows to be moved to the cloud within three years.
A novel NLP application built on a Google transformer model can help predict ratings transitions
The asset manager’s CIO for Europe aims to centralize responsibilities from its UK and EU offices for how its business in the region manages data and develops new investment products.
Last year, most (if not all) financial technology providers either completed or started major projects that involved moving their products and services to the cloud. WatersTechnology looks at 15 of the more interesting cloud-migration initiatives from…
A look at some of the past week’s financial technology news.
A look at some of the key "people moves" from this week, including Katherine Wetmur (pictured), who has been appointed head of technology and operations risk at Morgan Stanley.
The vendor is working on new ways for clients to identify and get the most value out of datasets and help data providers such as MSCI satisfy new client demand.
Highlights from the past week's financial technology news.
Financial industry experts say the time to start future-proofing was yesterday.
This is a difficult time for most businesses, but start-ups are particularly vulnerable as they struggle to manage cash flow.
As UK regulators look to strengthen operational resilience rules, one solution could be to use APIs to access vendor data.
Professor Jay Finkelman says that the most successful firms take a three-pronged approach to workplace transformation.
The bank is in the throes of a hefty transformation project within its Investor Services division, which began with machine-learning efforts last year.
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…
The tech company's VP of digital transformation talks blockchain and disruption caused by a highly-interconnected economy.
Voya Financial and Blackstone execs discuss the role that fintechs play in firms' digital transformations, and caution them not to rely so heavily on vendors.
The custodian is trying to make digitization core to all the organization's activities, its innovation head says.
Financial firms are pushing for a distributed market infrastructure model through efforts like Isda's Common Domain Model and distributed ledger technology.
Many in financial services are trialing artificial intelligence (AI) applications, with projects increasingly sophisticated in methodology and ambition. WatersTechnology, in partnership with SmartStream, recently convened a Chatham House-style discussion…
LSEG CIO Ann Neidenbach said London is ‘tapped out’ of cloud DevOps talent.
As the regulator looks at new ways to handle data, there are still a lot of paths to consider.
The CDO highlights the importance of implementing a strong governance framework that's consistent across the organization.
While tech advancements are being made, buy-side firms still rely on humans to make sense of alt data.