(Editor’s Note: The major concerns about MiFID II compliance, which officially began January 3, will be ongoing throughout 2018. But these market reforms from the European Union will have to share the spotlight with the emerging trends also dubbed as “disruptors,” and we offer a sampling of opinions about them in this final installment in… Read More >>
AI Applied to Unstructured Data Holds ‘Tremendous Potential’
(Editor’s note: The Boston-based indico Data Solutions offers machine learning algorithms for text and image analysis, which are then presented as web services. The goal is to automate “meaningful insight” from unstructured data that can be applied to sentiment analysis, social media monitoring, content filtering, content classification, recommendation, and personalization. FTF News spoke to Vishal… Read More >>
Riskalyze Scores $20M Investment via FTV Capital
Riskalyze, an Auburn, Calif.-based risk analytics vendor, reports that it has received a $20 million minority growth equity investment in an initial “outside institutional round,” led by FTV Capital, an equity investment firm. FTV, which specializes in fintech-related investments, says that it has raised more than $2.7 billion for positions in 93 portfolio companies that… Read More >>
Vestmark Launches Robo Advice Platform
Vestmark Targets Brokers, RIAs, Asset Managers & Banks Wealth management technology vendor Vestmark is launching a hybrid “robo service” that blends human and automated advice delivery via robo-advice platform. The VestmarkONE Robo Solution has been designed to help advisors who need digital support via a turnkey offering. The vendor is targeting broker/dealers, registered investment advisors… Read More >>
Hedge Funds to Use AI, Automated Trading over Next Five Years
Hedge fund managers say that technology including artificial intelligence (AI) and automated trading will have an increasing impact upon competition over the next five years, according to a survey of more than 100 global hedge fund managers, overseeing approximately $300 billion of assets under management (AUM). With a focus on regulatory and operational issues, the… Read More >>
Robotics Comes to Due Diligence Reporting
Opus Signs Distribution Deal with OutsideIQ Opus, a regulatory software as a service (SaaS) vendor, announced that its Alacra, know your customer (KYC), reference data management and onboarding platform, will have access to automated due diligence reports for compliance via a distribution partnership with OutsideIQ, an artificial intelligence software provider. The agreement will make OutsideIQ’s… Read More >>
