Banks
Nasdaq rolls out new fixed-income trade surveillance alerts
The vendor is introducing additional alerts for trade surveillance to help tailor its solution for OTC fixed income.
New breed of NLP model learns finance better, study finds
Models trained by looking at sentences beat conventional approaches that contextualize words.
People Moves: Exegy, Luma, Capco, CAIS and more
A look at some of the key "people moves" from this week, including Julian Elliot (pictured), who joins Integral as senior product officer.
Once taboo, open-source skills now sought by Goldman Sachs, Morgan Stanley and other top sell sides
The world’s biggest banks want the new talent to possess at least some open-source technology skills, which was unthinkable a decade ago. It’s a win for advanced open-source practitioners, but how did it materialize? The answer is likely a not-so-even…
Data-Driven Execution—Looking Back to See Forward
Reviewing favorable outcomes and attempting to replicate them is by no means a new concept across the capital markets. Portfolio managers, execution professionals and risk managers use this principle to drive their decisions, although it is really only…
This Week: Trading Technologies, Goldman Sachs/Digital Asset, SimCorp/Citi and more
A summary of some of the past week’s financial technology news.
FIS modernizes through modularity
The vendor has been in the process of overhauling its entire tech estate for almost seven years, with the aim of offering modular, flexible services.
Six partners with BMLL for best execution analysis
The Swiss exchange is using the vendor's data and analytics to provide insight to brokers around Swiss EBBO liquidity.
Tradeweb adds ‘in-flight’ controls for European credit to AiEX
Users of the trading tool can now isolate and manage trade exceptions in real time.
Broadridge data ontology aims to simplify multi-asset trade data
The tech provider is using the ontology internally to integrate multiple systems and sees prospects for wider industry adoption.
Companies race to tackle widening cybersecurity talent gap
More realistic job requirements and in-house training programs could boost recruitment in face of increased cyber threats
Bank consortium led by SocGen seeks to cure post-trade data ills
Project led by Societe Generale that uses privacy-enhancing technologies to solve data management issues hopes to sign up five banks and launch as a legal entity.
This Week: Macrobond/FactSet, Tradweb, Bloomberg, DTCC, and more
A summary of some of the past week’s financial technology news.
Alt data’s second inning: Brace for a long M&A game
The alternative data sector is still relatively nascent, and as such buy-side firms have struggled with how best to incorporate these non-traditional sources of information. While sources say that there will be continued M&A in the market, how those…
Machines can read, but do they understand?
A novel NLP application built on a Google transformer model can help predict ratings transitions
Risky business: Moody’s attempts to carve out space in overrun ESG market
In the past two years, Moody’s Analytics has acquired four vendors that the ratings specialist hopes to integrate for ESG offerings in a crowded market.
This Week: SmartStream, DTCC, Ion, State Street, and more
A summary of some of the past week’s financial technology news.
This Week: FactSet, Six, Nordic Capital, State Street, SmartStream, and more
A summary of some of the past week’s financial technology news.
EC drafting proposal for derivatives consolidated tape
Commission official says beta version ready for testing in 2023 will also include equities, bonds and ETFs
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.
Video surveillance data: Useful or not?
While some technology vendors say video communication surveillance can help monitor serious compliance breaches, others see such data as a source of additional contextual information.
Financial institutions battle cyber threat info overload
Cyber threat intelligence is crucial for the defense of an organization’s network, but financial firms have to figure out how to make sense of all the data first.
Swipe left: repo reporting no match for Brexit, or collateral
A happier start than Emir, but SFTR honeymoon is over now that trades report separately in UK and EU.