Trading Tech
Milestone Group to Launch Fair-Value Feature to Flagship Platform
The vendor will make the pControl add-on globally available to clients later in 2020.
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”.
Refinitiv Begins Move Away from Eikon, Thomson One with Debut of 'Workspace'
The new platform is first being targeted at advisors and wealth managers, and will eventually be available for traders, analysts, portfolio managers, quants, and developers.
Morgan Stanley, SocGen Shift Sight Line on Who's Accountable for Data
The two banks outline their ambitious data governance programs, which make business professionals culpable for their organization's data decisions.
Waters Wrap: Causal Machine Learning Represents Next Evolution of AI (Plus ESG & Innovation Issues)
Anthony looks at an interesting project using causal inference by IBM and Refinitiv, and what this latest evolution of machine learning could mean for innovation in the capital markets in the future.
This Week: MEMX, IUAM/SS&C, Northern Trust, EBS and BME
A summary of some of the past week’s financial technology news.
IBM, Refinitiv Partner on Machine Learning Project to Better Understand Market Correlations
The two companies are in the early stages of using causal inference to help firms build machine learning models that are better able to handle disruption from events like the Covid-19 pandemic.
Time for a Post-Trade Upgrade – Automation is Critical in Reducing Trade Fails
Matt Stauffer, managing director, institutional trade processing at DTCC, explores how firms can reduce trade fails by adopting an adaptable, automatic solution that simplifies the process of analyzing and upgrading the post-trade lifecycle
Banks Struggle to Manage Technical Debt When Dealing with AI, Data Science
Data scientists, IT teams, and the business professionals should work together when deploying emerging technologies and data science models. Otherwise, they may be setting themselves up to fail.
BNY Mellon Preps Fintech Accelerator Program to ID Key Tech Solutions
The Connect20 hackathon and the Accelerator Program are designed to "industrialize" BNY Mellon's ability to identify early stage companies providing solutions to key technology and business challenges facing the firm.
MarketAxess Acquires Deutsche Börse Regulatory Reporting Estate
The market operator will acquire the exchange’s entire log of client contracts and obligations.
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.
Slow Road to Consensus: CFTC's Behnam Talks Climate Risk
As CFTC commissioner Rostin Behnam’s report on climate risk to the financial system is published, WatersTechnology speaks to Behnam about data, greenwashing, and gaining support in Washington.
Data Issues Still Hamper AI—But AI Can Fix Them
Instead of waiting for data quality to be sufficient to power AI models, those at the cutting edge are building models to bridge the gaps in the data, and apply it to more sophisticated use cases.
Waters Wrap: Is Low-Code a Movement or a Mirage (Plus the ODRL Gambit & AI’s Afterthought Problem)
Anthony Malakian looks at the industry’s digital rights project and new tech platforms that aim to revolutionize the capital markets.
Wavelength Podcast Ep. 212: A Discussion About AI
An assortment of AI experts talk about various machine learning and NLP opportunities and challenges.
Banks Learn from Remote Working to Improve Customer Experience
Banks are focused on making work-from-home life more secure, but how can these projects be used to improve the customer experience going forward?
This Week: Nasdaq, Bloomberg, Goldman Sachs, Deutsche Boerse, BNP Paribas, Wolters Kluwer, and More
A summary of some of the past week's financial technology news.
Low-Code Movement Gains Converts, but Skeptics Remain
What if you could create your ideal, fully-functional application without writing a single line of code? With low-code and no-code platforms, you can—with a catch … or two, or three, or four.
Asset Managers Strive to Differentiate ESG Strategies
PanAgora and Manulife have incorporated alternative datasets and internal industry handbooks, respectively, into their ESG strategies.
SocGen Builds Serverless-Code Environment, Explores Virtualized Computing
The Paris-based bank has developed a coding environment to help democratize tech development, and is exploring virtualization.
S&P Global Introduces 10 Million Private Company Profiles to Market Intelligence
The new datasets mark a milestone in the company's multi-year strategy to allow investors greater access to small and medium enterprise companies.
Digital Rights Project for Data Usage Faces Legal, Operational Hurdles
Keen to trim the resources they expend on interpreting licenses, investment firms are exploring how they can turn data agreements into machine-readable code. Doing so is fraught with challenges.
AI Explainability 'an Afterthought' at Banks, But Financial Theory Infusion Could Help
Eric Tham of the National University of Singapore said during the Innovation Exchange that explainability is an afterthought at banks when they develop their AI-driven models. Unsurprisingly, some bankers did not agree.