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 >>
Robots Will Help Rather Than Replace Staff: Gartner
Much has been made of the inevitable impacts that artificial intelligence (AI) and machine learning (ML) will have on the more tedious and manual tasks that are part of back-office operations. Market research giant Gartner is chiming in with its prediction that by 2020, “20 percent of operational bank staff engaged in back-office activities will… Read More >>
Wall Street Mulls Potential of ‘Intelligent Automation’
So-called “intelligent automation” could add $512 billion to the global revenues of financial services firms by 2020. That’s the bullish prediction from Capgemini, a French multinational professional services and business consulting corporation that characterizes itself as a “multicultural company of 200,000 team members in over 40 countries,” with a half-century-long history. Its internal Digital Transformation… Read More >>
Have You Called Your Regulator Lately?
A recurring message emerged from several of the sessions at our DerivOps conference in Chicago earlier this week. It’s simply this: financial services firms should take advantage of a new, more proactive dynamic between them and regulators. Basically, firms should feel free to tell regulators what they’re doing, especially with so many disruptive phenomena and… Read More >>
Will the Buy Side Accept Disruptive Technologies?
The securities industry is at an interesting crossroads. It is facing some of the most exciting trends in IT in many years: artificial intelligence (AI) and machine learning, robotic process automation (RPA), the realities of Big Data and cloud computing, and the much hyped emergence of blockchain/distributed ledger technology (DLT). Even the mysteries and controversies… Read More >>
2018 Predictions: Expect More Madness via MiFID II & Disruptors
(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 >>
Post-Trade Providers Need to Be More Innovative: Survey
Being innovative is simply not enough in the current fast-paced and continually changing post-trade environment, according to a new survey by Six Securities. Post-trade service providers also need to offer technology that creates value beyond being “simply operational.” The report which was conducted in conjunction with independent researcher firm Vanson Bourne found that 67 percent… Read More >>
FTF Awards Gala Q&A: Time to Rethink Regulatory Reporting?
(Editor’s note: Regulators are pushing for more transparency into the parties involved in the pre- and post-trade processes, says Arun Karur, vice president at Sapient Global Markets. This will mean more work for end-user firms, and that the flow of regulation and regulatory reporting will not be slowing down, says Karur, who took time out… Read More >>
FTF Awards Q&A: NRI Expands Into North America
(Editor’s note: Nomura Research Institute (NRI) won two honors in the 2017 FTF News Technology Innovation Awards competition: Best Clearing and Settlement Solution and Best New Post-Trade Solution. Unlike other industry awards events, the annual FTF Awards winners are chosen by a majority of qualified voters who are industry participants. FTF News reached out to… Read More >>
Are Robots the Key to Full Automation for Post-Trade Ops?
(Editor’s note: Banks and other financial services firms are adopting more robotic process automation (RPA) solutions because they are helping firms move beyond inefficient and outdated manual systems, says Nick Fry, a London-based director with Sapient Global Markets who is also the lead post-trade subject matter expert for the consultancy. RPA involves the application of… Read More >>
