Fintech
The API Economy’s Existential Crisis
Has the so-called ‘API economy’ been over-hyped, or is there value in recalibrating an open API strategy? WatersTechnology examines.
This Week: JP Morgan/Limeglass, Trumid/Citi, Numerix, ExpandAlpha
A summary of some of the past week's financial technology news.
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.
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.
A Look Inside UBS's Quantitative Evidence & Data Science Team
Led by Bryan Cross (pictured), the asset manager's QED team aims to blend quant and fundamental to find unique solutions to new problems.
SimCorp to Allow Buy-Side Clients Plug-and-Play Access to Start-Ups
The Danish vendor is looking to partner with fintechs to allow for buy-side firms to benefit from minimal integrations and to reduce contractual barriers.
As Blockchain Evolves, Interoperability Between Vendors Could Create Challenges
During the most recent CFTC TAC meeting, members discussed interoperability issues, as well as quantum encryption concerns.
People Moves: AlgoDynamix, Tourmaline , Asset Control, SIX
A look at some of the key "people moves" from the past week, including Marion Leslie (pictured) who joins SIX.
IBM Wants to Enable AI Model Sharing and Data Privacy
The technology provider is using advanced techniques and encryption to enable institutions to share AI models.
FCA: UK Regtech Hype Has Cooled
The UK financial regulator is seeing fewer entrants into the industry as start-ups struggle to break into the market.
People Moves: SS&C, IEX, Quandl, Pico, ACA, Orbital Insight, Thasos
A look at some recent key people moves, including Carlo Di Florio (pictured), who joins ACA.
FCA Working on New Data Analytics Program
The UK regulator has moved much of its data to the cloud and is using more advanced analytics as it seeks to better regulate evolving financial firms.
The ‘Art’ of Using Token Tech
Max Bowie says that while tokenization and blockchain offer benefits for investing in esoteric and illiquid assets, it won’t make them safer or more profitable investments.
Battle Bots: Charting AI’s Next Phase in the Back Office
Financial services firms are deeply entranced with artificial intelligence (AI), yet the revolution is under pressure as the industry continues to become more educated and selective about it. Recent research data from WatersTechnology and SmartStream…
Souheil Badran Oversees Northwestern Mutual's Innovation Program
After a run at Alibaba's Ant Financial, Badran is ready to lead the 160-year-old institution's digitization efforts.
The Secret Source: Machine Learning and Open Source Come Together
A deep-dive into how capital markets firms are using open-source tools to experiment with machine learning.
Blockchain’s Standards Dilemma
An examination into how the industry is trying to create standards around blockchain development.
The Rise of the Robot Quant
The latest big idea in machine learning is to automate the drudge work in model-building for quants
Tug of War: ING's Legrand Digs Into the Bank's Innovation Program
With Benoît Legrand firmly in the driver’s seat, the last four years have seen ING push to transform its IT landscape and approach to innovation.
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Universal-Investment Explores AI to Develop ESG Services
The administrator is looking at how artificial intelligence can be used to extract online sentiment and create customized alternative data services to attract clients.
The Cloud Breach Blame Game
As cloud computing becomes an ever more critical component of any modern financial technology infrastructure, cloud deals are coming under increased regulatory scrutiny.
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.
People Moves: Symphony, Finos, Neptune Networks, REGIS-TR
A look at some of the key "people moves" from the past week.
OpenFin Adds Data Privacy Layer to Operating System
OpenFin has deployed Exate’s data privacy technology to its operating system to help with new rules, such as GDPR.