Trading Tech
AI on Our Minds: Firms Struggle with How to Incorporate AI
The hype of artificial intelligence is far from fading—actually, it’s more like a building tidal wave. Wei-Shen wonders if the capital markets will catch the wave, or get smothered by the tide.
Tug of War: ING's Legrand Digs Into the Bank's Innovation Program
With Benoît Legrand firmly in the driver’s seat, the last four years have seen ING push to transform its IT landscape and approach to innovation.
Steele Buys Osprey to Build One-Stop Compliance Shop
Steele will bring Osprey's more internal-facing technology into its platform.
People Moves: Baton, SEC, CFTC, Instinet, GAM, Ultumus
A look at some of the key "people moves" from 6/29-7/2, including Andres Choussy (pictured), who recently joined Baton.
Brown Brothers Harriman's Welch Explains Bank's Use of Artificial Intelligence
The bank has a number of projects using emerging technologies, one of which optimizes the process of detecting price anomalies.
ISO Close to Releasing First Blockchain Standards
The international standards body says it is working on getting out its first standard for blockchain terminology.
Banks Embrace the Use of Synthetic Data
Banks have long been using synthetic data to validate solutions, but tech advancements and regulatory pressure have established this practice as a crucial step in the development and testing of technologies.
HFT Firm Potamus Looks to Outsourced Trading, New Asset Classes
Potamus has seen its US equities platform grow in the past year.
Scotiabank Turns to Cloud GPUs for Risk Calculations
The Canadian bank has significantly improved the time it takes to run XVA calculations, and has big plans to further expand its XVA cloud GPU program.
Wavelength Podcast Ep. 167: Keith Lubell on Libra, Big Tech & Programming Languages
The CTO of M&A bank Berkery Noyes joins to talk about crypto, programing languages, cloud technology, semantic data and more.
LSEG's Proposed Refinitiv Deal: It's About More Than Just Market Data
What does the bourse’s planned purchase of the data giant mean for clients and the industry going forward?
Charles River Looks to Automate Fixed Income Trade Lifecycle
As part of its automation move, Charles River will also offer MarketAxess’ automated fixed-income execution capability.
People Moves: Kingland’s CAT Hire, Refinitiv, SimCorp, Apex, LCH, MTS
A look at some of the key "people moves" from July 22-26, including Amara Goeree (pictured), who joins Apex.
Moody's Acquires Buy-Side Risk Analytics Platform RiskFirst
The deal will help Moody's expand its pension-fund footprint in the UK, and for RiskFirst to expand in the US.
MarketAxess' Trax to Begin Industry Testing for New SFTR Tool
Starting next month the vendor will allow testing for its UTI portal to help with SFTR compliance.
Deutsche Bank Develops Bot to Automate Parts of OTC Workflow
The already-developed bot is now awaiting incremental testing before it goes into production within six months.
Refinitiv Adds Additional Alt Datasets into Risk Intelligence Solution
The new data sources integrated into World-Check One can assist banks in their AML/KYC processes and trade finance deals.
With Initial Margin 'Big Bang' Split, Tech Preparations Could be Impacted
As the final phase of the IM implementation for non-cleared derivatives has been split into two parts, questions emerge on whether tech preparations will stall.
FIS Turning to Machine Learning for Private-Equity Solutions
FIS is pushing to add greater automation for its private-equity business in an effort to streamline workflows.
Northern Trust Looks to Facial Recognition for KYC
The firm is experimenting with the technology, which is slowly being rolled out at retail banks and big tech companies.
People Moves: Deutsche Bank, MarketAxess, Calastone, tZERO, RapidAddition
A look at some of the key "people moves" from July 15-19, including Neal Pawar (pictured), who joins Deutsche Bank.
Universal-Investment Explores AI to Develop ESG Services
The administrator is looking at how artificial intelligence can be used to extract online sentiment and create customized alternative data services to attract clients.
Botswana Stock Exchange To Replace LSEG's Settlement System with CMA
The exchange will change its settlement system to Sweden-based CMA as it looks to add new features.
Finra to Expand Use of Machine Learning for Market Surveillance
The regulator already uses machine learning to identify spoofing and layering activities.