Waters
How GenAI could improve T+1 settlement
As well as reducing settlement failures, researchers believe generative AI can provide investment managers with improved research, prioritization, and allocation resources.
Northern Trust: Improving transparency across the asset servicing market
Northern Trust won three categories in the 2023 American Financial Technology Awards. Paul d’Ouville, global head of technology solutions and servicing at Northern Trust, discusses his firm’s fourth consecutive win in the Best reporting initiative…
Waters Wrap: Inside the mind of the CTO
After having one-on-one conversations with eight different senior bank technologists, Anthony explains how these execs look at innovation strategy from a philosophical perspective.
This Week: Nice Actimize, S&P Global, MarketAxess, Cboe, and more
A summary of the latest financial technology news.
Modernizing architecture can reduce long-term costs
A perfect storm of regulation and accelerated tech advancement is forcing modernization unlike anything the markets have seen before, says Nasdaq’s Gil Guillaumey.
As T+1 looms, non-US firms consider out-of-hours trading
Pruned settlement cycle forces foreign buy-siders to explore automating the FX leg of securities trades.
AFTAs 2023 winner's interview: CompatibL
CompatibL won Best new technology introduced over the last 12 months (AI & machine learning) in the 2023 American Financial Technology Awards.
AFTAs 2023 winner's interview: Northern Trust
Northern Trust won Best reporting initiative in the 2023 American Financial Technology Awards.
Breaking down the walls: Enterprise architecture gets its day in the sun
Voice of the CTO: Enterprise architecture aims to tie together a bank’s overall infrastructure, systems and workflows. While easily said, bank technologists explain why it’s harder in practice.
Dora technical standards shoot for break in the clouds
One goal of the EU’s latest ICT risk act is to mitigate cloud concentration. Some experts say it may make it worse.
Hot topic: SEC climate disclosure rule divides industry
Proposal likely to flounder on First Amendment concerns, lawyers believe.
Interoperability is not AI
Dan Schleifer, co-founder of Interop.io, explains how desktop interoperability underpins new AI developments.
This Week: Goldman Sachs/DTCC; LSEG/Tradefeedr; Genesis; TT/Ateo; CJC & more
A summary of some of the latest financial technology news.
ASX CHESS replacement to be delivered in phases, with clearing first in 2026
The Australian Securities Exchange announced in November it had chosen Tata Consulting Services to run the new CHESS replacement project after initial plans with Digital Asset were scrapped in 2022.
Vanguard cautiously explores neural networks for alt data analysis
John Ameriks, head of Vanguard’s Quantitative Equity Group, explains the rationale behind dataset selection and how the group has been using machine learning.
BMLL to expand coverage to Level 1 and Level 2 historical data
The London-based market data provider is aiming to provide higher quality data than its new competitors, but it faces an uphill battle.
CME moves core data to the cloud, readies new data products, analytics
The exchange group has migrated its core data to the cloud as part of its 10-year partnership with Google Cloud, and is now looking ahead to further migrations and leveraging the cloud to power new data products.
Data isn’t king if the ‘royal’ C-suite doesn’t buy in
Voice of the CTO: As banks strive to take advantage of cutting-edge tools, the basics of proper data management and governance are too often overlooked. Banks are learning that a CDO can help gain favor with the C-suite.
‘Founder’ banks join EDM Council program to benchmark data management
The Data Excellence Program—the first to recognize data management at an enterprise level, rather than being an accreditation program for individuals—will help firms solidify data management as a program rather than a series of projects.
The IMD Wrap: Discoverability and visibility, the new challenge of alt data overload
There’s a novel kind of data tsunami on the horizon: the volume of new datasets, and trying to discern what’s out there—and how much of it is useful.
This Week: SimCorp/Venn; MSCI index tech M&A; Citi ETF API & more
A summary of some of the latest financial technology news.
GenAI offers promise, complexity for research management
Research management system providers are building on their AI capabilities using LLMs to improve the research process, but challenges remain.
Waters Wavelength Podcast: Tim Baker on Cusip lawsuit, data copyrights, and innovation in market data
Expero’s Tim Baker joins the podcast to talk about the ongoing Cusip suit and regulatory intervention in the market data space.
S&P completes ‘operational integration’ of IHS Markit, ups focus on genAI, new regtech tool
With the IHS Markit merger now behind it, S&P Global is set to release RegGPT and other AI-enabled products.