Reconciliations
Old dogs and new tricks at Brown Brothers Harriman: Meet Kevin Welch
After two decades of working for the oldest private bank in the US, Welch has mastered keeping his balance—change and stasis, humans and artificial intelligence, work and play.
The IMD Wrap: Taking stock of inventory management
With market data and associated costs typically representing a firm’s third-largest expense, there’s a lot of incentive to manage data and its usage more efficiently. Max flings open his fridge to illustrate what’s new in this space.
Trade reporting challenges require data re-think
Data accuracy issues are hampering some firms’ regulatory reporting abilities. So why aren’t data professionals more involved? And how can compliance costs be turned into revenue drivers?
LiquidityBook buys Messer in effort to beef up portfolio management capabilities
The OEMS provider has purchased the Hong Kong-based PMS provider—but don’t say it’s solely a play for the buy side.
SS&C Advent is working towards its cloud evolution
Three years after laying out its cloud roadmap, the vendor is still pushing ahead with the Genesis platform as the foundation.
Privacy-enhancing tech and data pooling—a new way to turn the tide on financial crime
Technological innovations have given some players cause to hope that cross-institutional data sharing could become a reality in spite of concerns around data protection.
AI proves helpful for banks facing new cash penalties for settlement failures
According to one report, banks have been hit with penalties of up to €5 million per month under new CSDR settlement rules. As a result, banks are turning to AI to help.
Brown Brothers Harriman unifies busy suite of AI products
It’s a new world, contend BBH’s Kevin Welch and Josh Fine. After a few years of experimentation that yielded several AI products for the bank and its clients, it was time to put the puzzle pieces together to serve a different way of working post-Covid.
Is DLT post-trade a solution without a problem?
Sources question landmark projects' ability to use technology at scale as further delay besets ASX deployment
This Week: Deutsche Bank/FinLync, State Street/Paxos, Glue42/AllianceBernstein & More
A summary of the latest financial technology news.
This Week: Six/Sustainalytics, Nice Actimize, SmartStream, and more
A summary of the latest financial technology news.
This Week: Bloomberg; Charles River, DTCC, SmartStream & More
A summary of the latest financial technology news.
Where have all the blockchain startups gone?
Building a startup is hard. Building a blockchain startup is harder. More than 10 current and former financial blockchain builders and users detail their experiences of trying to cut their teeth on a once-darling tech, and the lessons they’re still…
Tech vendors rethink risk in era of surging options volume
As options volumes soar, technology vendors are thinking about new risks posed when legacy infrastructure meets increasingly complex markets.
FIS modernizes through modularity
The vendor has been in the process of overhauling its entire tech estate for almost seven years, with the aim of offering modular, flexible services.
SimCorp makes push into managed services
The Danish vendor is in the early stages of moving into accounting services. In later phases, it plans to expand services across the back and front office.
Observational Learning and Exception Management Take Center Stage
SmartStream Sibos Series
Waters Wrap: Will privacy-enhancing tech for the back office fall flat?
Anthony says that banks should be more concerned with cleaning up the technical debt accumulated in the back office, rather than dumping money into bleeding-edge technologies.
SS&C initiates buy-side migration to front-to-back Aloha platform
Migrations will vary based on the size of the firm, with smaller ones likely to take a 'big bang' approach while larger firms will opt for a gradual transition.
Bank-backed futures utility criticized as too ambitious
Osttra’s Joanna Davies is urging industry leaders to look for “quick wins”.
Bank consortium led by SocGen seeks to cure post-trade data ills
Project led by Societe Generale that uses privacy-enhancing technologies to solve data management issues hopes to sign up five banks and launch as a legal entity.