Artificial intelligence (A.I.) has the potential to automate tasks and boost operational efficacy within post-trade operations impacted by the transition to T+1. Accenture calculates A.I. could deliver a 30 to 40 percent improvement in efficiency within post-trade operations impacted by the move from T+2 to T+1 in May for the U.S., Canada, and Mexico. Meanwhile,… Read More >>
NICE Actimize Applies Generative A.I. to New Solutions
NICE Actimize, a provider of financial crime, risk, and compliance solutions, has embraced generative artificial intelligence (A.I.) for three new solutions that target financial crime in ways intended to help overwhelmed financial crime and fraud teams at financial services firms, officials say. Generative A.I. are algorithms “that can be used to create new content, including… Read More >>
Nasdaq Signs Top Thai Broker for Risk Platform
The largest institutional broker in Thailand is the first Asian client of the Nasdaq Risk Platform, a service that offers a view of risk for proprietary and client trading portfolios, officials say. The new client Kiatnakin Phatra Securities (KKPS) has signed a multi-year agreement, which expands upon its Nasdaq Trade Surveillance partnership, officials say. The… Read More >>
BNY Mellon Migrates Data & Analytics to Microsoft’s Azure
Custodian BNY Mellon and Microsoft are joining forces again to bring together Microsoft Azure cloud computing and BNY Mellon’s financial data and analytics capabilities, including an exploration of artificial intelligence (A.I.), officials say. The companies have worked together before “creating data, technology, and content solutions for investment managers on Microsoft Azure,” officials say. This latest… Read More >>
Meet Your PMCR Chairperson: Ambika D’Souza
(Ambika D’Souza, CIPM, CSPO, is serving as the chairperson for Financial Technology Forum’s Performance Measurement & Client Reporting conference and is an advisory board member for the FTF event on Feb. 29. D’Souza agreed to do a Q&A about her more than 25 years of performance and analytics experience. She was formerly a vice president… Read More >>
Harbor Capital Advisors Implements Geneva Managed Services
Asset manager Harbor Capital Advisors implemented Geneva Managed Services from SS&C Technologies last month and will be using application programming interfaces (APIs) to integrate Geneva with the firm’s deployment of the SS&C Eze OMS (order management system), officials say. The Geneva offering helps firms manage asset classes and multi-currency portfolios via a single system. The… Read More >>
Helios Debuts Trade Execution Services
Helios, a quantitative asset management firm providing an outsourced chief investment officer service, is launching trade execution services that are intended to improve the client support that financial advisors can offer, officials say. The solution is “open to all registered investment advisors (RIAs) and advisors with GeoWealth access via their broker-dealer,” according to Helios. … Read More >>
Danske Bank Picks ‘TBricks’ from Broadridge
Danske Bank will be supporting multi-asset trading, pricing, and position management via the Tbricks managed solutions for the front office from Broadridge Financial Solutions, officials say. Tbricks will facilitate multi-asset transactions and market-making via a modular, customizable, and scalable managed transaction platform. The system offers a user interface and built-in functions that can integrate with… Read More >>
Crypto FIGIs Debut in Time for Bitcoin ETFs
Bloomberg and Kaiko, a cryptocurrency data company, report that they have issued Financial Instrument Global Identifiers (FIGIs) for nearly 8,000 crypto assets and that FIGIs have been assigned to the cryptocurrency-related exchange-traded products (ETPs) and exchange-traded funds (ETFs) hitting the financial markets now. Bloomberg and Kaiko began their collaboration with the first series of FIGIs… Read More >>
Broadridge Applies A.I. to the Post-Trade Lifecycle
Broadridge Financial Solutions is launching what it is calling “a holistic natural language interface” that will reach across the post-trade lifecycle to help operations staff members, analysts, and management teams interrogate and revamp operations via the capabilities of artificial intelligence (A.I.). This new capability has been branded OpsGPT and is based on Generative A.I. (GenA.I.)… Read More >>
