People
Nomura’s Head of Digital Warns of AI’s Predictive Limitations
The investment bank’s deputy chief digital officer says machines cannot predict markets, as the bank consolidates trading operations and builds an AI trading platform for fixed income and FX.
People Moves: Douglas Taylor, TD, Xavier Rolet, Guggenheim
A look at some the key "people moves" from last week, including Douglas Taylor (pictured, right), who is leaving Burton-Taylor.
Machine Learning Takes Hold in the Capital Markets: Some Examples
WatersTechnology looks at 16 projects in the capital markets that involve machine learning to show where the industry is heading.
People Moves: LSEG, West Highland, SEC, Fitch, Dash & More
A look at some the key "people moves" from last week, including Steve Bonanno (pictured), who joins Dash.
Brown Brothers Harriman Automates NAV Reviews with Machine Learning
The bank is looking to automation in the middle and back offices as it seeks to exploit emerging technologies.
EDM Council Forms Data Women’s Group
The new interest group will help provide collaboration, networking, and mentoring opportunities for women seeking to advance their careers in the data industry.
Systematic or Discretionary: Point72’s Granade Says Lines Are Blurring
At Waters USA, the chief market intelligence officer of hedge fund Point72 discussed how tech and data are disrupting traditional ideas about investing.
BNY Mellon Takes a New Tack to Digital Transformation
The custodian is trying to make digitization core to all the organization's activities, its innovation head says.
Technology is About More than Technology
Anthony explains that if you can’t solve for fundamental business challenges, your deep-learning algorithm will never ever run inside a bank or institutional asset manager.
UBS Cuts Outsourced Tech Jobs
The investment bank has eliminated thousands of roles and revamped its approach to outsourcing over the last two years.
Support Swells for Developer in Spoofing Software Case
Petition for Chicago programmer Jitesh Thakkar nears its goal as industry worries about precedent CFTC enforcement case could set.
Jupiter Asset Management Taps RPA for Manual Process Automation
The asset manager is reviewing various processes to see what kinds of automation could bring efficiency.
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.
TISA Assesses Vendors for Mifid II Reporting Solution
The regulatory reporting utility product for fund managers is targeted to go live by mid-2020.
Old Dogs, New Tricks: Veteran Tech Execs Enjoy the Startup Life
An examination of how long-serving industry veterans are finding a home at fintech startups.
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.
Fixnetix Beefs Up NY Presence for US Push
The vendor plans to exploit the larger footprint of parent DXC and to launch new services in the US.
Ex-Goldman Exec and Crux Founder Creates Alt Data Strategy Firm
The new company returns Pritchard to her love of working directly with alternative data.
September 2019: It’s the People
Anthony reflects on the value and importance of people in technology, and remembers Waters staff and conference attendees who died on September 11, 2001.
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.
Firms Struggle with SM&CR Compliance and Preparations
As all FCA-regulated firms will fall into scope of the Senior Managers and Certification Regime by the end of the year, concerns emerge on how to implement the regulation.
Hundreds Leave Fidessa After Ion Acquisition
Current and former employees of the London-based software provider say around 400 employees have left in the last year.
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.