Buy-Side Technology/News
Northern Trust Pushes Forward with Private-Equity Blockchain
Two firms are already live on the platform, with another three soon to be up and running.
Former MarketAxess Exec Eaton Takes Reins at Algomi
The fixed-income specialist has been appointed to the chief executive role at the fintech firm.
Crypto Exchange Blockbid Deploys Bank-Grade KYC Tech
Blockbid signs LexisNexis Risk and ThreatMetrix to combat fraud.
US Regulators Release Final Rules for T+2
The final ruling from two US prudential regulators aligns both agencies with the markets regulator.
Isda Launches First Digital Version of CDM
The electronic blueprint sets out a standardized framework for the derivatives trading lifecycle.
Finastra CEO Syed Leaves for Vista
Chief executive of fintech giant to depart for role at parent private equity company.
Flush with Cash, Paxos Plans Precious-Metals Blockchain Launch Next Week
In addition to going live with its blockchain, the trust company has netted an additional $65 million in Series B funding.
CLS Invests in R3 to Promote Blockchain for FX
CLS will join the R3 board and will help push the release of blockchain applications for currency markets.
Buy Side Lacks Skills to Handle Alt Data, Says Goldman Sachs Quant
Lack of skills for evaluating alternative datasets remains an industry problem, with firms looking to hire data scientists and technologists to make use of the new data.
GMEX and DAG Team Up on Digital and Blockchain Venture
Joint venture aims to collaborate on innovative solutions, projects and initiatives that will bridge the gap between the traditional and the emerging digital worlds.
ITRS Buys Capacity Management Firm Sumerian
The acquisition follows a nine-month partnership between the two firms.
Nordea Blockchain Expert Urges Crypto Regulation
Regulation is the key to weeding out bad actors in the cryptocurrency and blockchain spaces, bank expert says.
BNP Paribas Debuts Securities Inventory Management
Asset-servicing initiative is currently live in three markets and will become available globally in the coming weeks
ICE Buys TMC Bonds for $685 Million
The exchange has acquired the trading platform as it continues to pick up fixed-income assets.
Northern Trust: Firms Need to Build Capabilities Before Using AI
Custody bank seeks to educate clients—and itself—on how AI and other technologies can augment staff processes.
AxiomSL Launches Material Nonpublic Information Cloud Solution
AxiomSL launched its new cloud solution for material nonpublic information for regulatory and risk reporting to make it easier for clients to access information.
SGX-NSE Showdown Outcome May Have Roots in Prior Suit
In its battle with India's exchanges, SGX may be able to use a judgment in a previous disagreement between ICE and Nymex.
Smartkarma Debuts Accelerator for Independent Research
Boost Research will aim to support sell-side veterans who set up their own shops.
QuantConnect Creates Tool to Develop, Share Algorithms
Through the Algorithm Framework, quants can use plug-and-play algorithms from across QuantConnect's user base.
Experts Warn on Buying into Regtech Hype
Long-term views and collaboration, rather than flashy tech, is the key to a successful program of compliance, panelists at BST Europe say.
Goldman Sachs Exec: While Valuable, Alternative Data Still Poses Challenges
There is no "golden nugget" of information that will unlock value; the entire workflow is important, according to Goldman Sachs' Javier Rodriguez-Alarcon.
Axioma, Abel Noser Partner for Liquidity Reporting Solution
The solution will be integrated into Axioma's end-to-end regulatory reporting platform.
Dirty Data Poses Problems for AI's Development
Buy-side CTO warns of fake data and biases, while stressing the need for compliance surveillance, in the world of AI technology.
Cloud Security Turns from Road Block to Selling Point for Asset Managers
The increasing sophistication of security operations at cloud providers are outstripping what small firms can do in-house, buy-side executives say.