Asia-Pacific
Nomura’s Head of Digital Warns of AI’s Predictive Limitations
The investment bank’s deputy chief digital officer says machines cannot predict markets, as the bank consolidates trading operations and builds an AI trading platform for fixed income and FX.
BlackRock and UBS Seek Partnerships to Expand in China
Relationships with Chinese banks and asset managers will help global firms to better develop and distribute products to investors in the country.
Wells Fargo Exec: Banks Struggle To Feed Hungry AI
Vast amounts of data and processing could hinder exploitation of emerging tech, says Ravi Radhakrishnan as it partners with MIT-IBM Research lab.
EDM Council Forms Data Women’s Group
The new interest group will help provide collaboration, networking, and mentoring opportunities for women seeking to advance their careers in the data industry.
People Moves: Apteo, Eka, Tier-1, SEC, CGQ, MEMX
A look at some of the key people moves from the last week, including James Uzzalino, who joins Apteo.
Turicode Targets Financial Markets in Asia
The vendor's software allows firms to train machine-learning models to better recognize and extract the data in documents.
This Week: Goldman/Finos; JP Morgan/Baton; Caixa AM; IHS Markit
Catch up on some of the past week's financial technology news.
Deutsche Bank's Bezuidenhout Explains Symphony, WeChat Usage for Trade Queries
The bank is looking to extend this feature to other asset classes in the future.
TradingScreen Looks to Asia, New Order Management Products for Growth
The EMS provider is looking to build out its suite of solutions for the buy side, including a new algo wheel and visualization tools.
Numbering Association Starts Work on Crypto Identifiers
Anna task force explores how Isins can be extended to digital assets such as tokenized securities and cryptocurrencies
New Data Needs Lead to New Data Jobs
The increasing importance of data is introducing new roles to the financial sector. Wei-Shen looks to the future.
CME, Google Ally for Cloud Market Data Access
The partnership will allow existing and potential subscribers around the world to access all CME Group data via a connection to Google Cloud.
China’s Asset Managers See More Interest from Foreign Investors
There’s an opportunity for Chinese asset managers looking to attract foreign investors, but transparency remains an issue.
People Moves: Finra CAT Fills CTO and CISO Positions
Also, a look at new hires for IHS Markit, UBS, TickSmith, BitGo and Amber Group.
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.
Trulioo Expands Into Emerging Markets, Taps Into Mobile Data For AML/KYC
The vendor plans to use mobile data for KYC in Southeast Asia.
HSBC Data Chief Urges Better Industry-wide Data Governance
The CDO highlights the importance of implementing a strong governance framework that's consistent across the organization.
People Moves: Symphony, Cboe, Pico, SEC, Avelacom, Predata, HKEX
A look at some of the key "people moves" from June 17-21, including Emma Wheeler [pictured], who joins Pico.