Strate
This Week: Deutsche Bank/FinLync, State Street/Paxos, Glue42/AllianceBernstein & More
A summary of the latest financial technology news.
IHS Markit Builds Out Alt Data Library for Research Signals
The data service provider is widening its coverage of alt datasets for signals in cyber risk and controversy data.
Nomura’s Head of Digital Warns of AI’s Predictive Limitations
The investment bank’s deputy chief digital officer says machines cannot predict markets, as the bank consolidates trading operations and builds an AI trading platform for fixed income and FX.
Introducing AI to the Back Office—Does the Tech Measure Up to the Hype?
Throughout 2019, artificial intelligence (AI) has been one of the most predominant buzzwords in the financial technology space. AI has promised enhanced accuracy and improved efficiencies, allowing staff to focus on higher-value tasks—it truly has the…
Human Factor Is Crucial to the Alt Data Gold Rush
While tech advancements are being made, buy-side firms still rely on humans to make sense of alt data.
Data Standardization Remains Top ESG Roadblock
As asset managers seek to incorporate ESG factors into their portfolios, they are facing challenges—particularly around data consistency. Some say custodians could offer solutions.
DTCC Trade Repository Receives Swiss Green Light
The trade reporting provider will have authorization to serve Switzerland's derivatives market.
Unfinished Business
Measuring Blockchain’s Financial Services Benefits and Mapping Its Future
Thomson Reuters Embarks on Cloud Content Strategy to Boost Data Access
Enhancing its Elektron Data Platform to include data on the cloud and embedding data into SAP’s Market Rates Management platform are the first steps of Thomson Reuters’ cloud strategy.
South Africa Designates LEI Issuer
Strate depository endorsed to issue identifiers
South African CSDs Create Collateral Management Industry Forum
South African central securities depository (CSD) Strate, and Deutsche Börse’s Clearstream international CSD have announced the creation of a Collateral Management Industry Forum for the South African financial market.