Technology

Articles

22 Feb 2021 — Deputy Editor

Strong forces are reshaping Asset and Wealth Management, with customers demanding more digital engagement and customisation. Relentless margin compression, combined with regulation and increased transparency, are forcing providers to re-think their businesses - shifting from a product model to a service model.

We speak with Pierre Mendelsohn, Founder and CEO of ALPIMA, about how advances in technology are enabling investment managers to respond.

 

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16 Feb 2021 — Bill Hodgson

The European Securities and Markets Authority (ESMA), the EU’s securities markets authority, has published the final report on its guidelines on outsourcing to cloud service providers (CSPs).

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10 Feb 2021 — Deputy Editor

Avelacom has announced a new point-of-presence (PoP) located in Equinix SV1, San Jose data center and has also set up AWS Direct Connect, aimed at providing direct access to AWS-based crypto trading platforms, pricing feeds and other critical trading applications via private network rather than over public internet. Crypto market participants will gain enhanced speeds (improvements up to 20-30ms round-trip latency) and guaranteed resiliency for infrastructure and data.

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20 Nov 2020 — Bill Hodgson

The Fintech Open Source Foundation, together with platinum member Goldman Sachs, today announced the launch of Legend, Goldman’s flagship data management and data governance platform. 

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17 Nov 2020 — Bill Hodgson

PwC has spun out its proprietary intelligent data capture technology to create a new independent business LIKEZERO in a management buy-out backed by Souter Investments, the private equity focussed family investment office and Manfield Partners Limited.

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27 Oct 2020 — Bill Hodgson

An OTC Space interview with Scott Fitzpatrick, COO for Acadiasoft. Discussing and learning more about Acadiasoft's newly launched UMR Collateral Suite. Below is the list of questions in the inteview, which you can also watch below:

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27 Oct 2020 — Deputy Editor

Sber is to use Natural Language Processing (NLP) to improve its Centre for Corporate Solutions (CCS) and save over 7,000 hours of time spent on calls every month.

The single work space (SWS) system for operators has added a service using NLP, which transcribes the voice of callers into text in real time, analyses and classifies the query, finds the required information, and advises the operator on how to help the customer.

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21 Oct 2020 — Bill Hodgson

Over 2,100 Suspicious Activity Reports (‘SARs’) that were filed with the U.S. Treasury’s Financial Crimes Enforcement Network (FinCEN) between 2011 and 2017, have been leaked to BuzzFeed News and investigated by a team of reporters from the International Consortium of Investigative Journalists (‘ICIJ’). There has been no question regarding the authenticity of the documents...

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15 Oct 2020 — Deputy Editor

RBC Capital Markets has launched Aiden, an AI-based electronic trading platform for clients trading U.S. and Canadian equities. There are plans to introduce the platform to additional clients across geographical markets in the coming months.

The platform was developed jointly by RBC Capital Markets and Borealis AI, a research centre created by RBC. The firms applied deep reinforcement learning into the constantly changing equities trading environment.

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08 Oct 2020 — Deputy Editor

According to a recent article, TT is looking for a buyer.

The firm creates futures trading software, infrastructure and data solutions for proprietary traders, brokers, money managers, CTAs, hedge funds, commercial hedgers and risk managers.

Market volatility during 2020 has increased interest in Capital Markets software firms and Barrons reported yesterday that, "Broadhaven Capital Partners is advising on the auction....Trading Technologies is expected to sell for roughly $500 million....The process is believed to be in the late stages, with a deal near."

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05 Oct 2020 — Deputy Editor

Genesis, the financial markets software firm, has received a strategic investment from Citi.

Genesis delivers a suite of low-code applications, including direct automation use cases, such as End User Computing (EUC) replacement and client servicing portals, and addressing complex opportunitiessuch as automating end-to-end electronic trading workflows and mobile framework applications.

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24 Sep 2020 — Bill Hodgson

New research points to a resilient European FinTech growth engine, however limited exit options beyond IPO for European Unicorns 

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