Derivatives
Bad Clocks Block FX Best-Ex
To get a good deal in fast-moving FX markets, buy-side firms need to know the time. Some of them don’t.
SmartStream Goes to Market With Fresh Air
Sibos 2019 was a significant event for SmartStream Technologies, marking the official launch of SmartStream Air, the firm’s cloud-native, AI-enabled reconciliations platform that is set to shake up the reconciliations industry. Victor Anderson caught up…
After Fidessa Exodus, Some Users Brace For Trouble
WatersTechnology spent three months examining Fidessa to see what has transpired inside the vendor since the Ion acquisition. During a period of great change, a lot of questions—and worry—remain.
Numbering Association Starts Work on Crypto Identifiers
Anna task force explores how Isins can be extended to digital assets such as tokenized securities and cryptocurrencies
MarkitSERV Delays Credit Rollout for TradeServ Platform
The vendor is live with FX NDFs on the new cloud-based platform, but credit has been pushed to 2020 earliest.
DTCC Explores Gatekeeper Role for DLT Networks
Post-trade company looks to stay ahead of DLT curve with plans to act as CCP for firms trading on permission-based blockchains.
People Moves: BMLL, DriveWealth, Blockchain, GCTA
A look at some of the key "people moves" over the past week, including Howard Surloff (pictured, right), who joins Blockchain.
People Moves: Finra CAT Fills CTO and CISO Positions
Also, a look at new hires for IHS Markit, UBS, TickSmith, BitGo and Amber Group.
Rimes Rolls Out ETF Managed Data Service for the Buy Side
The managed service aims to provide portfolio, risk and compliance managers with additional ETF transparency.
Real Estate as a Tradeable Asset Class Faces Data Hurdles
The value of real estate markets dwarfs other asset classes, but a lack of data has hindered its development. Part 1 of a 2-part series.
Machine Learning Takes Aim at Black-Scholes
Quants are embracing the idea of ‘model-free’ pricing and deep hedging.
People Moves: Crux, Templum, Itiviti, CFTC
A look at some of the key "people moves" over the past week, including Asif Alam (pictured), who joins Crux Informatics.
People Moves: Baton, SEC, CFTC, Instinet, GAM, Ultumus
A look at some of the key "people moves" from 6/29-7/2, including Andres Choussy (pictured), who recently joined Baton.
Scotiabank Turns to Cloud GPUs for Risk Calculations
The Canadian bank has significantly improved the time it takes to run XVA calculations, and has big plans to further expand its XVA cloud GPU program.
Aquis Plans Tech Transformation at NEX Exchange
License to list allows Aquis to challenge established players like LSE as it makes plans to introduce a “hybrid model” for trading.
UBS’s Data Lake for Regulation Pays Dividends
Waters Europe: Data requirements are driving better data for consumption across the bank.
Desktop App Interoperability: On the Front Lines with RBC and OpenFin
Anthony Malakian spent several weeks with RBC Capital Markets and OpenFin to see how desktop app interoperability works in motion.
As Blockchain Projects Sputter, Capital Markets Firms are Having Second Thoughts
WatersTechnology examines some of the disillusionment permeating the capital markets when it comes to blockchain.
The KYC Headache Worsens: An Examination of the Onboarding Process
Despite technological advancements, the onboarding process is still a slog. Banks and vendors are trying to change that.
Warrants Issuers Battle Algo Predators in Hong Kong
The threat of high-frequency traders have forced banks to spend big on tech.
Could CFTC Bring Back Reg AT?
The CFTC's new chair could reopen the controversial algo-trading rules—if he gets time.
Using APIs to Increase Efficiency
FpML has been a key enabler of automation in the derivatives industry, but its value could be further enhanced by providing value-added web services with open connectivity.
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%.
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.