Risk Management, Performance & Reporting
Citycom Employs Facial, Object Recognition for Covid Remote Working Security Checks
The new solution can give firms insight into the activities, performance, and health of employees working from home during the Covid-19 outbreak, to monitor for potential risk factors and security breaches.
Nasdaq Repackages Clearing Platform for NFF Tech Stack
The exchange will add further portfolio applications to the NFF according to market demand.
This Week: MEMX, Bloomberg, Finos, BNY Mellon, IHS Markit & More
Highlights from the past week's financial technology news.
Bloomberg to Offer Next-Gen Risk Models to Enterprise, Terminal Clients
In addition to consolidating the Port risk models for terminal users and enterprise clients, the data vendor is looking to use advanced risk models to create better hedging strategies for equities.
Quant Funds Look to AI to Master Correlations
Machine learning shows promise in grouping assets better and predicting regime shifts, say fund managers.
Intercept: AQR’s Risk-Catching Machine
CRO Mike Patchen has helped build a system to identify risks before they grow or spread.
Google Leverages Kubernetes to Help Banks with Risk Models
The tech giant uses open-source tools to help firms ramp up computing power for complex risk calculations.
Bureau Van Dijk Rebuilds Risk Management Platform
Bureau Van Dijk's Compliance Catalyst has been rebuilt ahead of plans to move the platform to the cloud, as well as navigate the EU's fifth anti-money laundering directive.
China Industrial Securities Taps Bloomberg for its Buy-Side Offering
Regulation and growth have pushed the investment firm to go with Bloomberg’s front-to-back suite of solutions.
Moody's Acquires Buy-Side Risk Analytics Platform RiskFirst
The deal will help Moody's expand its pension-fund footprint in the UK, and for RiskFirst to expand in the US.
Machine Learning Shakes Up Classical Financial Risk Modeling
BlackRock, MSCI, and La Française are some of the firms looking to replace traditional, linear risk models.
Northern Trust Automates Regulatory Reporting With Confluence
Confluence provides asset manager clients with automation capabilities for financial and regulatory reporting amid growing pressure and shrinking industry-wide headcount.
IBM and Thomson Reuters Expand Regtech Partnership
The new offering will directly connect TR’s regulatory feed and IBM’s OpenPages with Watson platform.
StatPro Pushes Forward with Investor Analytics, UBS Delta Integrations
The performance and risk measurement specialist is also using machine learning to help drill into value-at-risk calculations.
Deep Learning: The Evolution is Here
Advancements in AI have led to new ways for firms to generate alpha and better serve clients. The next great evolution in the space could come in the form of deep learning. WatersTechnology speaks with data scientists at banks, asset managers and vendors…
Independence Day: Separation Brings Value for Fintech Spinoffs
Financial firms with a data or technology ‘vendor’ arm developed in house are finding that separation can benefit both business lines. Max Bowie speaks to companies that have spun out from other organizations about the good, the bad, and the ugly aspects…
After Delays, CAT Reporting Begins Tomorrow
The Consolidated Audit Trail will begin receiving reports on November 15, a year after it was supposed to start.
Encompass Launches Biometric Identity Verification for KYC
Biometric identity verification and document authentication are the latest additions to the vendor's KYC offering.
Custody Seen as Crypto's Next Major Battleground
Although institutional interest in cryptocurrency trading has grown, the development of the custody space, in particular, is crucial for its next phase of evolution.
Backstop Solutions Raises $20 Million
The investment will help accelerate software upgrade projects and potentially fund new acquisitions.
Quantitative Brokers Preps Asia Expansion
The enhanced presence and a move beyond rates are a result of new CEO Ralf Roth's plans to scale Quantitative Brokers' business beyond its core interest rate futures focus.
Nice Actimize Debuts AI-Powered Platform X-Sight
The platform is cloud based and will use machine-learning strategies to develop insights.
Inverewe Capital Expands Partnership with Linedata
The investment manager was previously working with Viteos for some of its middle office needs.
Datawatch Debuts Panopticon Streams Engine for Real-Time Performance Analytics
Officials say the Kafka-based stream processing engine reflects that more financial firms are replacing traditional data message busses with Kafka streaming environments.