Sell-Side Technology/News
ESG Data Specialist TruValue Labs Secures $13.6 Million in New Funding
The San Francisco-based company will use the investment to expand its language coverage and its AI-driven predictive analytics.
Don't Overstep the 'Creepy Line' When It Comes to GDPR
ING data chief says as firms comply with GDPR, they must be ethical when interacting with client data, especially as they incorporate more AI tools.
Broadridge Gets Patent for Proxy & Repo Blockchain
The patent covers the process of proxy and repo processing through a permissioned blockchain.
Ayasdi Partners with Navigant to Grow its AML Offering
The collaboration will be geared toward developing services that employ both AI and ML techniques to spot fraud, while helping banks with their development roadmaps.
DTCC Announces First Phase of Settlement Exposure Reduction
DTCC will focus on settlement optimization, looking to reengineer how it processes trades before end of day.
Numerix Deploys Oneview on OpenFin’s Operating System
Numerix is an early adopter of OpenFin’s push to create industry-wide desktop app interoperability.
CFTC's Budget Cut Constrains Crypto Oversight, Market Resiliency Activities
A higher budget, on the other hand, could bring in extra staff to monitor clearinghouses and fraud manipulation in crypto markets, says CFTC commissioner Quintenz.
Sberbank's Weller Joins Saxo Bank as Middle-East Chief
Copenhagen-headquartered bank appoints former Sberbank managing director for top role.
IBM Buys Armanta to Bolster Financial Risk Offering
Armanta will be deployed within IBM’s Watson Financial Services’ financial risk unit, which grew out of the tech giant’s acquisition of Algorithmics.
SS&C Flirts with Further Acquisitions after Fidessa
SS&C CEO Bill Stone said that the company is flush with cash after the failed Fidessa bid and will look to use it to continue its acquisition spree.
Activ Financial Joins BT Radianz Cloud
Vendor aims to accelerate growth and expand its client footprint using cloud services.
Exchange Execs Cast Doubt on Mifid II's Best-Ex Reports
Experts warn venue reports will be unreliable and effectively bereft of value for investors.
JPMorgan to Invest in AI, Tackle Privacy Concerns
Global investment bank says that transparency is key to instilling trust in use of AI.
SocGen Taps Big XYT for Liquidity Analytics
The bank will use Big XYT's Liquidity Cockpit platform to provide deeper insight into the European equities liquidity landscape.
BNY Mellon’s Eagle Inks Microsoft Cloud Deal
The two firms will collaborate to build a cloud-based data platform for investment managers.
Tora Targets Best Execution with AI-Powered Algo Picker
AlgoWheel will use machine learning to determine best method of execution.
Four Twenty Seven Looks to Grow Climate Data for Banks, Asset Managers
Traders and portfolio managers use the data to assess risk and to develop portfolios that are environmentally conscious.
Sell-Side Technology Awards 2018: All the Winners
The winners of the 32 categories comprising the 2018 Sell-Side Technology Awards were revealed at a luncheon in London on the afternoon of April 20.
Digital Asset Opens Smart Contract Language to Developers
Blythe Masters says that DAML is designed to reduce the risk of developer error creating broader problems for the market.
Regnosys to Expand Reach with Bank, Regulatory Implementations
In addition to its work with Isda, the fintech startup also has projects in the works with ING Bank and the FCA.
Hammonds Out as Deutsche Bank’s Leadership Woes Continue
The departure of the German bank’s COO follows on the heels of chief executive’s ouster.
HKEx Deploys Artificial Intelligence in Surveillance Platform
Exchange deploys US firm’s technology to enhance oversight processes.
Trax Registers Netherlands-Based Entity for APA
Reporting platform prepares for Brexit with Amsterdam office.
Regulators Warn on Phishing Scams
Increasingly sophisticated schemes are targeting firms and individuals, watchdogs say.