Analysts at Wells Fargo predict that over 100,000 banking jobs could be displaced by technology over the next five years.
Hudson Fintech, the London-based Capital Markets technology firm, has partnered with 1066NOW, an Oracle Partner, to make the Hudson Edge platform available to financial institutions using Oracle’s suite of products.
Financial market infrastructure provider, Symphony, has acquired cloud voice platform provider, Cloud9.
“Our combined capabilities will allow for more integrated and immediate conversational workflows, and front office users will be better served,” said Brad Levy, CEO of Symphony.
The pressure to provide an efficient business infrastructure is continuous across the capital markets. From the trading desk backwards the flow of work needs to be as clean as possible, yet the complexity of the capital markets make this difficult to achieve.
ALPIMA, the SaaS platform for investment management and product design has been chosen by BBVA for the scaling up of their Quantitative Investment Solutions (QIS) business.
In Rory Cellan-Jones' new book sub-titled “Hope and fear in the social smartphone era” Rory illustrates too well the unexpected turns that new technology has taken. Rory is the technology correspondent for the BBC and seems to attract more than his fair share of unusual situations. Watch our video inteview for insights from someone who has seen and met the people who've changed the world.
Prodktr, a business transformation service provider announced an exciting partnership with Fidel Softech to deliver the ProdktrSegue platform for the capital markets.
Bloomberg has announced the launch of the Portfolio Trading Basket Builder (Basket Builder), an enhancement to its existing portfolio trading workflow, which incorporates reference to Bloomberg’s Evaluated Pricing Service (BVAL).
TickSmith, and BMLL, announced a collaboration aimed at helping data producers such as stock exchanges, trading venues and data owners generate new revenue streams by creating and distributing analytics derived from their data.