Buy-Side Technology/Analysis
For Effective AI, Domain Knowledge often Trumps Analytics
Speakers at Waters USA point to people taking a bigger role in the understanding of data and aligning it with domain knowledge.
After Delays, CAT Reporting Begins Tomorrow
The Consolidated Audit Trail will begin receiving reports on November 15, a year after it was supposed to start.
Alt-Data Difficulties Challenge Largest Asset Managers
A new study finds that while large asset managers are investing in big data analytics and alternative data, it’s a fraught process.
Trading Technologies Preps OMS Launch for 2019
TT OMS will consolidate existing order and execution management workflows into a single screen, delivered on a software-as-a-service basis.
Experts Warn on Data Quality for AI Projects
Speakers at the Buy-Side Technology North American Summit said a single source of quality data is where AI projects should start.
IHS Markit Cancels Derivatives Unit Sale
The information provider will now keep MarkitSERV, despite putting it up for sale earlier this year.
Data Issues Still Seen as Higher Investment Priority than AI
Investment spend is largely seen to be going to data management programs before emerging tech initiatives.
IBM Focuses on Qubit Quality for Quantum Computing Development
While IBM is set to open its 50-qubit prototype to partners early next year, the key for the company is improving qubit fidelity.
The Next Domino: SS&C Buys Eze Software
The latest major deal in the OMS space is valued at $1.45 billion.
Traders Urge Caution on Potential Bitcoin ETFs
Senior industry figures say it may be too soon to create financial products based on cryptocurrencies.
All Change at Style Analytics under Roussotte’s Impetus
Vendor's new CEO pushes forward with new clients and new technology in troubled times for traditional asset managers.
CAT Contract May Need Amendments to Protect Personal Data
If a House bill seeking to ban the gathering of PII data passes, plan processor says it will wait for guidance from the NMS committee.
Young Datasets, Inexperienced Talent Make Alt Data Challenging
The relatively nascent alternative data industry is creating challenges for asset managers, specifically when it comes to a lack of historical data and a lack of talent that can interrogate the data.
Clearing Executives Remain Skeptical on Blockchain
Senior CCP specialists say some emerging technologies have promise, but significant hurdles remain.
Commissions Slump as Mifid II, Algo Trading Take Bites Out of Brokers
Data shows drop in commission costs as unbundling rules take hold, furthering decline caused by electronic execution.
APAs Under Pressure as Esma Cracks Down on Data Tangle
Reporting platforms told by regulator to substantially improve quality of publicly reported data.
The Promise and Peril of Cognitive Compliance Tools
Compliance officers say they are increasingly looking at AI-powered tools to help with things like surveillance, reporting and fraud monitoring.
Quants Say Internal Data will Unlock AI’s Full Potential
At this year's North American Financial Information Summit, industry experts talked about the importance of sourcing and using internal data to find alpha.
CFTC Stresses Exchange Role in Crypto Derivatives Guidance
Agency will step in and act where required, but the lion’s share of responsibility falls to venues.
Blockchain Execs Relaxed on Possible Threat from Quantum Computing
Blockchain proponents say the technology will evolve and may beat back the decryption threat posed by quantum computing.
IHS Markit to Buy Ipreo, Sell Key Derivatives Unit
Vendor will reposition financial businesses with move into alternatives and away from derivatives processing.
Tradeweb and Plato Bring RFQ Model to Cash Equities
Partnership will see the launch of quoting for block orders in the first phase, with more planned over coming years.
Crypto Markets Continue Breakneck Pace of Development
The release of professional-grade services by the largest digital currency exchange demonstrates a breathless pace of growth that may be masking wider issues with the nascent asset class, traders suggest.