Risk
ThisWeek: Glue42/Deephaven Data Labs, Brown Brothers Harriman, Dash Financial and more
A summary of some of the past week's financial technology news.
People Moves: LiquidityBook, BondIT, Sterling Trading Tech, Old Mission
A look at some of the key people moves from this week, including Sayant Chatterjee (pictured), who has been appointed chief operating officer at LiquidityBook.
In fake data, quants see a fix for backtesting
Traditionally quants have learnt to pick data apart. Soon they might spend more time making it up
Goldman inks modeling, data tie-up with MSCI
The move to cross-sell risk analytics could herald further content deals for the bank’s Marquee platform, says its sales chief.
This Week: Deutsche Boerse, HSBC, S&P Global, Linedata, FlexTrade/QuantFeed & more
A summary of some of the past week’s financial technology news.
BNP Paribas AM turns to machine learning for carbon emissions
The asset manager is using machine learning to estimate carbon footprints for companies that do not report emissions.
Data Management and Governance Take Center Stage
Data drives every business process across the buy side. The higher its quality, the more reliable, accurate and transparent the resulting downstream business processes are likely to be. That’s a simplistic characterization of what can be a highly…
People Moves: State Street, Northern Trust, JonesTrading, LiquidityBook & More
A look at some of the key “people moves” from this week, including Vincent Georgel-O’Reilly (pictured), who's been appointed Emea head of alternatives at State Street.
Mystery surrounds rumored Ion acquisition of Italian trading platform provider List
While it would appear that Ion has acquired the Pisa-based vendor, details are murky. If the deal has gone through, though, it could mean contractual changes will occur in the near future for List users.
GameStop post-mortem: Alt data world confronts eroding barrier between online and real life
After Redditors staged an epic short squeeze against a handful of hedge funds, some in the industry are left wondering whether today’s models and data techniques are prepared for world where online often equals real life.
Traders: Consolidated tape could drive corporate bond market automation
The EC is pushing for a tape for fixed-income instruments, and market participants say it could speed up electronification, if implemented properly.
Deutsche Börse eyes quantum computing
The exchange’s pilot application to model enterprise risks cuts computation time from 10 years to 30 minutes.
OTC FX options market gears up for faster electronification
The share of electronic trading in the market remains low, but a host of factors promise to change that for good.
Esma: Both OTC identifiers will not be required in Emir reporting
Market participants will not have to use both the UPI and the Isin in their submissions to trade repositories, policy officer says.
SEC attorney defends personal information in the Cat
Regulators will need biographical information to get the most out of the Consolidated Audit Trail, advisor said, as broker-dealers and exchanges argue over liability for breaches.
Waters Wrap: Microsoft’s capital markets play (And Algorithmics thoughts)
Anthony takes a look at an interesting announcement between FactSet and Microsoft and what it could hint at as to Microsoft’s future in the capital markets. He also examines Algorithmics in the year after the SS&C acquisition.
Algorithmics charts new course in year-plus after SS&C acquisition
After eight years with IBM, Algorithmics has grown its staff significantly in the year since SS&C bought the risk analytics provider. The vendor is now taking aim at tapping into SS&C’s roster of buy-side users by embedding with the likes of Advent and…
Fed could require senior management to explain AI models
A new era of accountability might see the Federal Reserve demand model explainability to keep financial system safe.
People Moves: Carmignac, Broadridge, Wall Street Horizon, ACA Compliance, Baton Systems & more
A look at some of the key "people moves" from this week, including Abdellah Bouziane (pictured) who has been appointed global head of compliance at Carmignac.
Data providers target data deficiencies in muni bonds market
Companies like Ice are looking at ways to help municipal bond investors gain transparency into a historically opaque market.
The embrace of buy-side interoperability: State Street, SimCorp team up
The partnership between the two major players in the buy-side technology space reflects the shift in how rivals do business.
BlackRock looks to predictive ESG data, rather than point-in-time
Mary-Catherine Lader says that the asset manager is building out new modeling tools to help users better understand how the decisions a company makes today can affect their performance in the future.
Goldman Sachs, IBM Lay Out Quantum Project for Derivatives Pricing
The two firms spent the better part of 2020 developing a detailed analysis of the quantum computing resources needed to achieve quantum advantage in derivatives pricing. Execs from IBM and Goldman explain why this benchmark is important for future…
Capital Markets Face Learning Curve with Container Tech
Technology vendors have begun adopting Kubernetes and Docker to speed up application development and deployment at banks, but rethinking old ways will not be easy.