Trading Tech
Essentia Analytics Measures PM Performance Against Peers With New Tool
The new feature, which is currently undergoing beta testing, is expected to launch in Q4 2020.
LiquidityBook to Roll Out Trade-Matching Engine
The vendor also has plans to expand further into the institutional space with two additional rollouts in 2021.
European Commission Picks FactSet for Risk Data
The EU authority is buying three datasets from the vendor, which it will use to track supply chain risk in the single market.
Refinitiv Labs Leverages NLP to Track Covid-19 Company News
The company's news tracker, available on the Macro Vitals app, uses language models to classify reports on specific companies.
HKEx's Data Play Slowly Comes Together
The exchange is currently working on building its enterprise data bus for better internal data management, but Wei-Shen finds that the exchange is still short on long-term answers.
Waters Wrap: Snowflake Makes its Move (And Ref Data Headaches & Data-Sourcing-as-a-Service)
Anthony explores how Snowflake is trying to win over business in the cap markets, talks about the reference data space, and examines a new breed of data vendors.
This Week: SGX/Cassini, UBS/GitLab, QuantConnect & Snowflake
A look at some of the past week's financial technology news.
Eventus Systems to Add ML-Driven Trader Profile Feature to Validus
The new functionality will help to give context to market manipulation alerts.
EOSE Preps Bespoke Data Sourcing Service for Financial Firms
The move is in response to inbound demand from firms seeking hard-to-find datasets.
Barclays Proposes New Taxonomy for Digital Tokens
The UK bank argues that a common approach to classifying tokens is needed to prevent regulatory arbitrage.
Clearwater Analytics to Roll Out New Performance, Risk Modules for Flagship Platform
The modules, which use machine learning to derive predictive insights, are scheduled to go live in Q1 2021.
Snowflake Looks to Tackle Data Problems of Asset Managers, Exchanges
Snowflake is already working with the New York Stock Exchange on how to make its data easier to access for the pair’s overlapping clients.
BNP Paribas AM Combines NLP, ML for Sentiment Indicators in News Data
The asset manager is teaming with a vendor on the project, which will first be used for equities trading before moving to corporate bonds.
Covid-19 Tumult Prompts Rethink of Buy-Side Risk Management
Investment firms are making changes to their risk reports, stress tests and concentration limits.
Tradeweb Bolsters China Bond Market Access with Electronic CIBM Direct Trading Overlay
Officials say the move makes Tradeweb the only platform to offer electronic trading in Chinese bonds via two different channels.
Waters Wrap: Unintended Consequences & AI Regulation (And Mobile Trading Reg & BERT NLP)
Due to the pandemic and rapid advancements in the fields of AI and mobile technology, regulators in the US and Europe have unique challenges on their hands.
Wavelength Podcast Ep. 209: Previewing the Innovation Exchange
Wei-Shen and Tony are joined by Jo Wright and Max Bowie to discuss office-space issues, ESG's development, and innovation in Asia.
Mosaic Readies Data Analytics Mobile App
The vendor is focusing on adding an Alexa-like digital assistant feature to the application.
Location, Location, Relocation: Covid Prompts Firms to Re-Tool vs Reopen
It’s technology that has helped firms continue working seamlessly through the outbreak, and Max says this same technology will keep the markets running smoothly—and remotely—in the future.
SteelEye Unveils Tool to Slash Trade Reconstruction Timeframes
Officials say the new product will enable firms to aggregate and correlate the data required to fulfill trade reconstruction obligations within seconds.
Covid Could Cause US Regulators to Rethink Surveillance
Not having specific requirements and procedures for firms to refer to ended up putting some funds in a tough place during the pandemic’s early days.
AlternativeSoft to Roll Out Automated Hedge Fund Due Diligence Tool in Q4
Earlier this year the vendor added an automated hedge fund performance evaluation tool to its suite of solutions.
EU's AI Regulations Could Lay Blame With CTO
Jo wonders if the EC's approach to regulating AI could adapt existing liability laws—with implications for individuals.
IHS Markit to Add About 1 Million Analyst Reports to its Data Lake
IHS Markit uses Google’s transformer-based model BERT and a combination of classification and extraction techniques to determine what the documents mean and summarize them.