Automation
JP Morgan Turns to Machine Learning for Options Hedging
These new models sidestep Black-Scholes and could slash hedging costs for some derivatives by up to 80%.
Liquidnet Builds Netflix-like Functionality for Buy Side
The company is leveraging AI to make investment suggestions and dig out sentiment from spoken announcements.
Trade Finance as an Asset Class: Rough Seas Ahead
As global banks seek to promote trade finance as an investable asset class to the buy side, the sector’s lack of technology and data infrastructure have come to light.
Brown Brothers Harriman Experiments with Machine Learning
The firm is developing machine learning models internally to optimize the reconciliation process and detect price anomalies.
BrokerTec Introduces RFQ For European Repo Market
The RFQ model is part of a growing trend towards electrification in the repo markets.
ISDA Deploys Reporting Blueprint for Derivatives Markets
ISDA's Common Domain Model (CDM. 2.0) aims to standarize regulatory reporting and bring greater automation to derivatives trading.
How Bloomberg’s Failed FIGI Vote Reveals a Substandard Standards Process
A failed ballot for a Bloomberg-backed identifier reveals the enormous consequences of industry tendencies toward complacency and cost-cutting.
Bond.One Aims to Bring Blockchain to Bond Trading
Bond.One is aiming to introduce distributed-ledger tech to solve issues associated with fragmented fixed-income markets.
Industry Steps Up Calls for European Consolidated Tape
Traders in Europe face rising data acquisition costs and increasing regulatory reporting pressures argue that a pan-European consolidated tape is long overdue.
Buy-Side Firms Turn to AI for Efficiency Amid Barriers to Adoption
Assuming that automated artificial intelligence holds the key to unlocking fragmented datasets, the absence of standardized models coupled with regulatory concerns remain barriers to adoption.
Banks and Bourses Increasingly Combine Cloud, AI for Data Projects
The combination of the two technologies is bearing fruit for firms struggling with legacy architectures, but education and talent remain tough obstacles to overcome.
Digital Asset and Isda Create Rosetta Stone for Derivatives Smart Contracts
The event specification module will allow for a common DAML library that references machine-executable trade lifecycle events.
Banks and Buy-Side Firms Encounter Challenges with Public Cloud Adoption
Moving to the public cloud is not as simple as flipping a switch. Anthony Malakian speaks with early public cloud adopters to find out some of the lessons they’ve learned along the way.
Southeast Asian Firms Look to Automate Post-Trade Processes
Using the DTCC’s central trade manager platform, Bangkok Capital Asset Management can automate its post-trade process with almost 2,000 counterparties in 52 countries.
Bloomberg Puts BSE XBRL Data on Terminal
Bloomberg users can now access Bombay Stock Exchange data via a faster and more accessible format.
Hermes Ramps Up Cloud DevOps Strategy
Shift to Azure has dramatically increased investment manager's ability to push new code, engineers say.
The Hard, Human Lessons of RPA
Robotics’ promise to revolutionize operations by automating tasks and accelerating processes is hitting implementation roadblocks.
Vendors Prep for Initial Margin Big Bang
Tech providers are emerging from all corners as the final phases of initial margin rules closes in, which are expected to capture over 1,000 buy-side and sell-side firms over the next 18 months.
The Problem Solver: Paul Bari, Nordea
Paul Bari’s career has taken him across oceans and continents, but his true north has always been a fascination with mathematics. Now, he’s tackling not only the future of one of Northern Europe’s largest banks, but its employees, too
Tech Releases Surge Ahead of Initial Margin Deadlines
The final phases of initial margin rules are expected to capture over the next two years more than 1,000 buy-side and sell-side firms, which technology providers see as potential customers.
IT Advances Insufficient to Beat Compliance Challenges
Outsourcing reporting could create technological dependencies that could add to firms’ problems in the future.
Northern Trust Aims to Automate Institutional Transfer Agency
This year the bank will roll out a new platform that uses an event-driven architecture to automate workflows in transfer agency.
A Look Back at Major Developments in Asia from 2018
From the data battle between the SGX and India to the ASX green-lighting its clearing blockchain project, Wei-Shen Wong looks back on topics that made headlines this past year.