Necessity is still the mother of invention especially when it comes to applying artificial intelligence (A.I.) and machine learning (ML) to the investigation of trade breaks as Gresham Technologies has learned. By using A.I. & ML to investigate and then learn from trade breaks, a Gresham client facing repetitive trade breaks has had a 66… Read More >>
Options & Magtia Partner for Cross-Referencing Data Platform
The new partnership between Options Technology, a capital markets trading infrastructure provider, and Magtia Ltd., a financial symbology platform vendor, will yield a cross-referencing data platform for multi-asset class content that will serve front, middle, and back-office securities operations. The partnership will result in customized application programming interface (API) connectivity combined with symbology and cross-referencing… Read More >>
AB Bolsters Funds Data Ops via Expansion Project
Asset manager AllianceBernstein has expanded its usage of BBH Infomediary Data Solutions across its fund operations to achieve data consistency, better production cycle times, customized data tagging, and improved data transparency, officials say. BBH Infomediary Data Solutions, a part of the private bank Brown Brothers Harriman & Co. (BBH), offers data integration and connectivity services…. Read More >>
GoldenSource to Sell Its Wares via AWS Marketplace
GoldenSource is making its data management offerings available on the AWS Marketplace — a website for third-party software, data, and services that run in an Amazon Web Services environment. The move will help the enterprise data management (EDM) solutions provider sell its wares to a wider market and collaborate with the AWS go-to-market team, GoldenSource… Read More >>
SBI Securities Expands Agreement with Broadridge
A major Japanese firm, SBI Securities Co., Ltd. will be using post-trade services from Broadridge Financial Solutions when it launches its equities brokerage services to clients in the U.K., through its subsidiary SBI Shinsei International Ltd., officials say. This arrangement will be an expansion of Broadridge’s existing relationship with SBI Securities “to process Japanese equities… Read More >>
The Ops-A.I. Revolution Has Begun: SS&C’s Bill Stone
From Bill Stone’s perspective as chairman and CEO of SS&C Technologies, the fairly recent advances that SS&C has made into the Abu Dhabi market and with artificial intelligence (A.I.) are examples of the same thing — the company is breaking new ground literally and figuratively in the highly competitive world of post-trade systems, software, services,… Read More >>
Can A.I. Advance Automation in Commodities Trading?
Can technologies based upon artificial intelligence (A.I.) help squeeze out the manual processes that can clog the plumbing of commodity trading and risk management (CTRM) solutions? Quor Group, a provider of CTRM solutions, and ClearDox LLC, a commodities solutions provider that leverages A.I., think it can be done and have begun a collaboration. They are… Read More >>
Japanese Asset Manager Taps DTCC’s ITP Services
Sumitomo Mitsui Trust Asset Management has become a client of the Institutional Trade Processing (ITP) suite of services from the DTCC to fully automate its post-trade processing and for same day affirmation (SDA) for cross-border transactions within Asia-Pacific, officials say. This move is in line with the industry push to accelerate trade processing as North… Read More >>
Numerix Overhauls PolyPaths Product Suite
Numerix has made “significant enhancements across the PolyPaths product suite,” including new reporting and client-centric capabilities that represent the next chapter for PolyPaths, known for helping firms make the transition away from the discredited London Interbank Offered Rate (LIBOR). “This update represents a pivotal shift in our approach. Given the prolonged prevalence of LIBOR as… Read More >>
The SEC Is Charging More to Regulate You
As the SEC very publicly takes on major matters such as its climate disclosure requirements — the fate of which is playing out in court and in Congress — the regulator has quietly moved ahead with an increase in the rate that securities exchanges and broker-dealers pay to be regulated by the commission. “Starting on… Read More >>
