Covid News
IBM, Refinitiv Partner on Machine Learning Project to Better Understand Market Correlations
The two companies are in the early stages of using causal inference to help firms build machine learning models that are better able to handle disruption from events like the Covid-19 pandemic.
TruFactor Aims to Capture Buy-Side Clients
After launching last year with the intent to service telecommunications companies, the alt data provider is looking to carve out a niche in finance.
Broker Tradition Shifts to Virtual Desktops
The company is considering a full move to virtual-working solutions after investing in remote access for brokers and other staff during the Covid-19 pandemic..
Lazard Asset Management Revamps Data Model to Reflect Covid-19 Reality
The firm developed a short-term data strategy to avoid the use of unreliable data and better understand the effects of the pandemic on the market as it evolves.
IPC Plans New Remote-Trading Tools
Due to more people working remotely, the vendor plans to roll out a new tool for users to optimize performance and bandwidth, and will upgrade its Unigy Pulse and IQ/MAX Omni platforms.
Advan Research Adds GPS-Based Business Closure, Road Traffic Data
The new datasets will provide investors with insight into which companies are opening locations and generating revenues, and which locations are receiving freight shipments.
CME Reg Reporting Competitors Vie to Fill the Void Ahead of Withdrawal
With over five months to go until CME unwinds its regulatory reporting businesses, competing firms are pushing to fill the service gaps and grab a slice of the market share.
Dow Jones Equips Developers with Sample Codes
The financial information giant launched a recent blueprint, Covid-19 Timelapse, a dashboard that tracks the pandemic's impact on individuals, industries, and regions.
Bloomberg Tackles Remote Implementations in APAC with New Tech
The vendor has added several video conferencing platforms in the past few months to better support clients.
HSBC Beefs Up Internal Chatbot for Remote Working
The bank plans to deploy its virtual assistant to 300,000 users to improve the working-from-home experience.
Big xyt Readies New Liquidity & Trade Analytics Tools
The vendor is beta testing three new data and analytics tools that will give greater insight into their best options to liquidate positions quickly during volatile market conditions.
Quant Firm Deploys New Metric for Covid Sensitivity
Los Angeles Capital debuts a new factor for measuring stocks’ sensitivity to the pandemic.
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As June Deadline Looms, Broker-Dealers Begin Reporting to the CAT
As CAT reporting activity picks up, error rates have somewhat surprisingly been well below what was expected in the testing and production environments.
AST Launches Blockchain Share-Ownership Platform for Private Companies
The platform will make it easier for pre-IPO companies to attract funding from early-stage investors targeting privately-held growth companies.
Enlighten Tech Helps Northern Trust Find Resources to Share the Covid Workload
To keep its asset servicing functions running smoothly, Northern Trust is using technology from performance management analysis software vendor Enlighten to identify available resources.
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IHS Markit Rolls Out New Buy-Side Derivatives Risk Modeling Platform
The product combines emerging technologies to offer speed, scale, and new perspectives on credit spreads and portfolio performance by overlaying financial data with alt data.
NatWest Markets Restarts Rollout of Axe Data Add-In After Covid-19 Disruption
The bank has partnered with ipushpull to develop an Excel bolt-on for clients with axe data who do not have access to Symphony.
Brown Brothers Harriman Re-Imagines AI Ecosystem After March Market Madness
Unprecedented volatility in March is leading the bank to double down on its AI systems in a big way.
Bloomberg Debuts ‘Data License Plus’ to Aid Data Management During Covid-19
The DL+ service aims to help remote-working data professionals to more easily understand details of data from Bloomberg Data License.
BlackRock Onboards 8 Aladdin Clients Remotely
The asset management giant has turned to collaboration tools to help with client implementations during the pandemic lockdown.
Startup CommonPage Seeks $1.5M Funding to Grow Procurement Collaboration Platform
Though hindering its fundraising, the Covid-19 outbreak is contributing to a greater understanding and appreciation of its proposition, CommonPage CEO says.