Automation
This Week: Oracle/Deutsche Bank, Northern Trust, Charles River, Simcorp, and more
A summary of some of the past week’s financial technology news.
Rights automation group to debut digital language for market data policy expression
Community group that includes JP Morgan, Deutsche Bank, Amazon, and the CME plans to showcase over a year’s worth of work in a bid to drive broader adoption of the digital rights language.
JP Morgan fast-tracks market data licensing tools
The bank is developing solutions to help internal teams understand compliant usage and entitlements.
Nordea: Licensing changes could make RPA too expensive
The Nordic bank is looking for ways to mitigate costs as software vendors define new policy categories to capture robotic workers.
One step closer: How exchanges are seeking tighter relationships with clients
Increasingly, exchanges are trying to get closer to their customers, in a bid to better understand how they use market data. This move may come at the expense of data vendors that are being gradually squeezed out of the exchange-client relationship.
This Week: JP Morgan, Deutsche Börse, Refinitiv, and more
A summary of some of the past week’s financial technology news.
A kick in the privates: In-demand unlisted stock trading faces tech, transparency challenges
Private stocks are opaque, illiquid, behave differently from public markets, and lack the same infrastructure as public marketplaces, creating back-office integration challenges for firms that want to trade these stocks in a more liquid manner. But as…
Waters Wavelength Podcast: Episode 228 (Automated bars)
On this episode of the Wavelength Podcast, Wei-Shen and Tony discuss tech disruption in the bar industry.
CDS trading remains stubbornly human
Buy-sider traders remain skeptical of the benefits of algo execution for credit derivatives.
Traders: Consolidated tape could drive corporate bond market automation
The EC is pushing for a tape for fixed-income instruments, and market participants say it could speed up electronification, if implemented properly.
OTC FX options market gears up for faster electronification
The share of electronic trading in the market remains low, but a host of factors promise to change that for good.
Waters Wrap: A useful use-case for blockchain? (And Broadridge’s bond play)
While not a fan of blockchain, Anthony looks at some potential use-cases for the tool in the world of capital markets. He also gives his thoughts on Broadridge’s soon-to-launch LTX platform.)
Bloomberg AIMs enhancements on portfolio implementation, trade management
The tech giant has been updating the portfolio implementation and trade management workflows on its buy-side order management system as systematic and factor-based investing needs evolve.
Start-up VCs look ahead to post-pandemic world
Emerging venture capitalists saw reduced investor inflows during the pandemic. Will this dent B2B fintech investment?
Back-office automation key to breaking open private markets
Trading in large, privately-held stocks has hitherto been the domain of large private equity investors. A new technology platform aims to make these markets more accessible to broker-dealers by integrating with the back-office processes that firms…
Fed could require senior management to explain AI models
A new era of accountability might see the Federal Reserve demand model explainability to keep financial system safe.
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.
OpenFin Builds Out Notification Center
The desktop interoperability provider will continue building other 'standard' desktop components.
Waters Wrap: App Interop in 2020 (And Tony’s Fave Stories From Last Year)
Anthony takes a look at some of the major projects that involved application interoperability from last year. The list includes feats by Goldman Sachs, BlackRock, Barclays, ICE, State Street, Refinitiv, and FactSet.
MarketAxess Eyes Predictive Capabilities for Fixed Income Liquidity
The trading platform is working to develop its pre-trade automation capabilities to predict a bond’s likelihood of execution, and helping buy-side clients navigate fixed income trading protocols.
ICE ‘Bonds’ Acquisitions into Fixed-Income Powerhouse
In this profile of the Intercontinental Exchange, Lynn Martin explains how the company’s ICE Data Services unit is creating a unified offering with fixed income data at its core, after a series of acquisitions that began with its purchase of IDC in 2015.
This Week: Janus/SS&C; Wolters Kluwer; Tora/Neptune; Standard Chartered/Northern Trust; SimCorp; & More
A summary of some of the past week's financial technology news.
Point Break: How Vendors Push Their Products to the Limit
Vendors don’t release new products or updates without putting their software through rigorous testing. What does that testing involve, and what different approaches do companies employ? Max Bowie finds out.
Fitch Solutions Revamps FitchConnect Using Micro-Frontend Technology
The use of agile development techniques and adoption of micro-frontend technology has yielded significant improvements in development productivity, officials say.