Asia-Pacific
As ASX preps Chess replacement testing phase, other data & cloud projects progress
Testing on the new DLT-based platform will begin in July. The Aussie exchange is also making progress on its DataSphere project and has addressed ASX Trade after an outage last year, according to the company’s CEO.
GreenKey aims to productize new research chatbot after winning Symphony hackathon
The company is consulting with buy-side and sell-side clients on how its newly developed GK Research Bot can best solve their research and information overload woes.
HKEX targets company disclosure gaps with artificial intelligence
The system monitors annual reports for issuer compliance with listing rules, speeding up a formerly manual job.
.jpg.webp?itok=B6qzMSg9)
Asia at the Forefront of Innovation—A Look at Tech Projects in the Region
WatersTechnology looks at some of the major projects coming out of Asia that are leading the way for firms around the globe.
The ABCs of NLP: How Trading Firms Used NLP to Navigate 2020
This year, natural language processing came to the fore in capital markets, helping firms of all kinds parse huge, unstructured datasets.
People Moves: LSEG, IHS Markit, BNP Paribas, Facteus, Tourmaline, RIMES, ISITC, IQ-EQ
A look at some of the key "people moves" from this week, including Julia Hoggett (pictured) who has been appointed CEO at London Stock Exchange.
State Street’s Milek on the Front-Office Data Challenge
Marko Milek says the trend of outsourcing data management is becoming more mainstream.
Waters Wrap: Machine-Learning Models Suffer from Covid (And Exchanges in the Cloud, Pt. 2)
Anthony says that while machine-learning models have been hit-and-miss during the pandemic, NLP is taking on greater importance. He also looks at how exchanges are looking to move their core matching engines to the cloud.
Waters Wrap: Is AML Tech Worth the Cost? (And Cloud Moves & More Blockchain)
Anthony wonders if AML platforms are being scrutinized enough by banks and regulators, then looks at Wells Fargo's tapping of HPR for its quant division and Northern Trust’s blockchain plans.
Northern Trust Turns to DLT for the Future
Distributed-ledger technology will help ensure asset safety and allow custodians to provide more value to clients using AI and analytics.
Waters Wrap: Blockchain is Still Overhyped (And Ion/Broadway Thoughts & the Consulting Boom)
In 2016, Anthony wrote that the blockchain revolution was overhyped—unsurprisingly, his opinions have not changed. He also delves into the Ion-Broadway deal, and looks at new consulting/advisory firms that have recently come to market.
China’s AI Expansion Could Shift the Fintech Balance of Power
Wei-Shen thinks about how the battle for supremacy in AI will evolve in the near future, and what the implications of China’s advances in the field might mean for Wall Street technology.
People Moves: BNY Mellon, big xyt, Temenos, SEC, Gresham, First Derivatives
A look at some of the key "people moves" from this week, including Fangfang Chen as (pictured), who has been appointed Asia Pacific chair and Asia Pacific head of asset servicing and digital at BNY Mellon.
Waters Wrap: Goldman’s Marquee Move a Sign of Larger Industry Shift (And Refinitiv’s API Rebrand)
Anthony explores changing concept of a trading platform, and what that might mean for the future of tech development.
This Week: Tora, AcadiaSoft, Itiviti, Citi, Finastra, SEI & More
A summary of some of the past week’s financial technology news.
.jpg.webp?h=e7339194&itok=6dimKdxT)
Citi Readies Price-Shock Detection System
Once the bot is in production, the D10X team will start scaling it beyond the oil trading team to other trading desks.
Waters Wrap: The M&A Market Heats Up (And Some Quantum Computing News)
What do Liquidnet and Trading Technologies (and others) have in common? Anthony explains. He also discusses advancement—and disillusionment—in the quantum space.
Waters Wrap: On Refinitiv and Old Rivalries (And FIGI & Data Governance)
Anthony explores some of the questions raised by Refinitiv's plan to move away from Eikon and Thomson One. He also looks at data governance trends, and asks why the FIGI is having such a tough time gaining acceptance.
RPA Provides ‘Quick Wins’, But at What Cost?
Banking experts urge firms to consider re-engineering a process before turning to robotic process automation.
Milestone Group to Launch Fair-Value Feature to Flagship Platform
The vendor will make the pControl add-on globally available to clients later in 2020.
Banks Learn from Remote Working to Improve Customer Experience
Banks are focused on making work-from-home life more secure, but how can these projects be used to improve the customer experience going forward?
ASX Presses Forward with DataSphere Buildout
The initiative's aim is to capture more of the exchange's internal data to commercialize that useful information for the investment community.
WatersTechnology Asia Awards 2020 Winner's Interview: Erdem Özgül and Stephen Cheng, Numerix
Victor Anderson chats to Erdem Özgül and Stephen Cheng from Numerix about the firm's win in the risk management solution category in the inaugural WatersTech Asia Awards.
BNY Mellon, Deutsche Bank to Extend FX API for Indonesia and India
The two are working out the necessary regulatory, tax, and documentation needed to provide custody services for foreign exchange transactions in the two countries.