Like millions of Americans, I got my second vaccination shot over the weekend and I allowed myself to start thinking about a time when the COVID-19 pandemic and lockdown might be history. Of course, it’s difficult to entertain such thoughts when there are still hotspots in the U.S., and when several parts of the world… Read More >>
A.I. Is On the Regulators’ Radar
Almost all facets of securities operations are investigating or even embracing cutting-edge technologies, particularly the extensions of artificial intelligence (A.I.) such as machine learning, natural language processing (NLP), and deep learning. Many firms are also exploring how robotic process automation (RPA) may make their lives easier. But, as these advanced technologies become more prevalent, the… Read More >>
SimCorp & Intellibonds Aim A.I. at Portfolio Construction
Investment management systems vendor SimCorp and fixed income analytics specialist IntelliBonds are partnering to offer front-office portfolio management teams alpha generation capabilities that exploit cutting-edge technologies and offer a path to system consolidation, officials say. The partnership will integrate cloud-based workflows that are augmented by artificial intelligence (A.I.) technologies as the way to bolster productivity… Read More >>
NYSE Trading Floor to Reopen May 26
NYSE President Announces Floor Reopening via WSJ The open outcry trading floor of the New York Stock Exchange (NYSE) will partially reemerge “slowly and carefully” on May 26, according to Stacey Cunningham, president of the NYSE, who made the announcement via an opinion piece in The Wall Street Journal, published May 14 The return of… Read More >>
Musings on the New Ops Normal to Come
The global pandemic lockdown has given most of us a time-out that allows us to step back and reconsider a variety of situations. My mind went to scenarios for securities operations, and here are some of my musings on what-if scenarios that could pave the way for permanent changes, once we get to a new, safer… Read More >>
IPC Gets Exclusive Rights via Investment in GreenKey
A voice communication and networking solutions vendor, IPC has made an investment in GreenKey Technologies, maker of natural language processing offerings, that will give IPC exclusive rights to GreenKey’s machine learning voice technologies, officials say. Both vendors decline to disclose the amount of the “strategic investment.” The IPC investment follows closely a two-year, co-development effort… Read More >>
ISITC to Scrutinize Disruptive IT at Spring Summit
David Scola, head of North America for the SWIFT financial messaging and services cooperative, will dive into the impacts of disruptive technologies such as open application programming interfaces (APIs), distributed ledger technology (DLT), artificial intelligence and machine learning at ISITC’s 25th Annual Securities Operations Summit later this month in Boston. Scola is serving as moderator… Read More >>
Lucena to Apply A.I. to Wall Street Horizon’s Data
Lucena Research, a predictive analytics vendor, and Wall Street Horizon, a provider of corporate earnings and events data, have announced that they are combining forces to yield offerings that could uncover “actionable signals” for investment. With the partnership in place, Lucena will validate Wall Street Horizon’s data using artificial intelligence (AI) and machine learning technologies,… Read More >>
AI & ML Will Jolt Back Offices: Report
While there has been a lot of hype over disruptive technologies and trends, artificial intelligence (AI) and machine learning (ML) could have the biggest impacts upon securities operations, according to a survey of asset managers, conducted by vendor Eagle Investment Systems and the Hegarty Group, a market research firm. The report’s authors acknowledge that while… Read More >>
Your AI Team Should Be Cross Functional: Q&A
(Artificial intelligence (AI) and machine learning (ML) technologies are poised to cause major overhauls in the financial services industry. Securities operations teams across the globe are laying the groundwork to embrace this inevitable disruption. To provide our readers with insight on how to take the first steps, FTF News reached out to Rashed Haq, the… Read More >>