While Microsoft engages in a tech arms race for chatbot and cloud supremacy, interop firms are attempting to remedy some of the idiosyncrasies of its monolithic spreadsheet software.
Banks are examining service-level agreements for possible breaches
With T+1 compliance set to begin next May, firms will likely be burdened by reduced IT budgets, existing legacy systems and manual processes over the next 15 months. So, while faster settlement will help innovate the middle and back office, some argue…
For as long as the investment management industry has used software, there has been a debate about whether asset managers should build or buy their tools. Jonas Svallin, global head of quantitative research and product development at FactSet, argues that…
The MSCI One platform already runs on Microsoft Azure, and MSCI is building a new investment data platform on Google Cloud to utilize the search giant's AI and NLP capabilities.
While the companies that oversee Cusips find themselves embroiled in a lawsuit, Anthony questions where the DTCC stands in this unfolding drama.
The Bloomberg, Tradeweb and MarketAxess consortium switched out its advisory firms at the end of last year to jumpstart its bid for the tape.
Jerome Kemp of Baton Systems joins the podcast to discuss DLT in post-trade.
Technological innovations have given some players cause to hope that cross-institutional data sharing could become a reality in spite of concerns around data protection.
Some clients are now using Ion systems again, but synchronizing data with CCPs could take days.
Improvements in shortwave radio frequencies could be a leap forward in the latency race. But given the costs and technical challenges, is it worth the investment?
ABN Amro, Macquarie, RBC among firms hit; ransom deadline tomorrow, but service may be down for days
A startup is looking to automate the bulk of banks’ data processing workflows.
Recent actions against Bloomberg and Ice for violations relating to evaluated pricing services suggest the US regulator may be setting the stage for stricter regulations to govern the sector.
The chief data officer has become recognized as a key role in a financial firm’s ability to manage its data assets, and reduce costs and risk. So why is it also so notoriously short-lived?
Automation is long overdue in the book-building process for publicly listed equities. One startup hopes to bridge the gap.
Yet proponents insist US government bond market is ‘ready for disruption’
According to one report, banks have been hit with penalties of up to €5 million per month under new CSDR settlement rules. As a result, banks are turning to AI to help.
While much attention has been given to cloud, AI, blockchain and other buzzwords, without a proper data foundation, those tools will not deliver the results that have been promised.
While some trading firms are welcoming the use of a new non-proprietary code for identifying digital tokens, the onus will be on local regulators to enforce its adoption.
The vendor’s SBSD registration may facilitate a unique multi-seller platform for its equity swap business.
Aaron Santana-Smith and Victor Anderson focus on how Eze OMS addresses trading-related challenges for its buy-side users.
It’s a new world, contend BBH’s Kevin Welch and Josh Fine. After a few years of experimentation that yielded several AI products for the bank and its clients, it was time to put the puzzle pieces together to serve a different way of working post-Covid.
Born from a consortium that includes JP Morgan and Bank of America, Versana aims to bring up-to-date and permissioned data to the syndicated loan market—the first step to a more transparent and faster operating market.