QED Platform Uses A.I. for Deeper Analysis Regulatory technology provider Evidology Systems reports that the company is using artificial intelligence (AI) technology to implement extensions of its core QED (Quality and Evidence Driven) platform to enable scenario analysis of its underlying model “inside third-party applications and workflows.” The QED platform is a “unique combination of… Read More >>
Broadridge’s NYFIX Links to Linedata OMS & Other News
Broadridge Expands Partnership with Linedata The NYFIX Matching solution from Broadridge Financial Solutions will be integrated with the Longview order management system (OMS) from Linedata to provide more automation for NYFIX’s middle- and back-office functions, officials say. To make more automation possible, Broadridge expanded its partnership with Linedata, a provider of asset management and credit… Read More >>
Time to Rethink A.I.?
You don’t need artificial intelligence (A.I.) to predict what the economy is up to, or the perils of global climate change, or even what the local weather will be like next weekend. But that does appear to be where we are headed. Don’t just take it from FTF News. Ask Jamie Dimon, the chief executive… Read More >>
NYDFS Bolsters Crypto Fraud Monitoring Tools & Other News
NYDFS Redoubles Crypto Fraud Detection Efforts The New York State Department of Financial Services (NYDFS) has improved its cryptocurrency fraud detection of New York State-regulated entities via “new insider trading and market manipulation risk monitoring tools,” according to Adrienne A. Harris, superintendent for the NY DFS. The new monitoring tools will help NY DFS detect… Read More >>
A.I. for Recs Will Need Human Oversight: Q&A
(Editor’s note: The financial services industry “is unique and will always require human interaction to cover things like reviews and approvals. It is, however, possible that robots could cause somewhat of a disruption in the financial industry, especially in technology sectors,” says Julian Trostinsky, global director of customer success for Gresham Technologies, in this second… Read More >>
StanChart Uses A.I. for Onboarding Funds & Other News
Standard Chartered Joins the Saphyre Platform Standard Chartered’s capital markets division is using a platform that applies artificial intelligence (A.I.) to the onboarding process for new funds and for the maintenance of those funds, say officials at Saphyre, which is the name of the platform and the financial technology vendor that created it. The patent-approved… Read More >>
SS&C Applies A.I. to Fund Administration & Other News Briefs
SS&C GoCentral Uses A.I. & BPR SS&C Technologies has launched a fund administration platform, dubbed GoCentral, that uses artificial intelligence (A.I.) to facilitate a unified platform for accessing information and systems, officials say. In addition to A.I., the web platform leverages business process re-engineering (BPR) “in an exception management-based approach to optimize front, middle and… Read More >>
Ops Comes Second for Digital Overhauls: Survey
When it comes to deciding which division within a financial services firm should get priority for a digital overhaul, the operations and the sales and marketing groups come second to teams overseeing customer experiences, according to a new survey about next generational technology conducted by Broadridge Financial Solutions. The report, “Fast-tracking digital transformation through next-gen… Read More >>
DeepSee’s Mission: Unlock Trapped Data via A.I.
Trapped data has always been the bane of the back office, and the reason so much manual processing remains in middle- and back-office roles. “For DeepSee.ai, unlocking that data is the key to success as firms look to accelerate their move toward full-scale digital transformation,” says Steve Shillingford, CEO of DeepSee. “Much of the most… Read More >>
Can New Technologies Fix Old Ops Woes?
Cutting-edge, disruptive technologies — especially those that exploit advances in artificial intelligence — have captured the attention of securities trading firms. But turning the hype into useful ways to counter ongoing Ops problems remains a challenge for many firms. So, to help firms come to grips with machine learning (ML), robotics, natural language processing (NLP), regulatory… Read More >>
