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OptionsCity To Launch Customizable Trading Experience The Metro Now platform breaks tools down into downloadable build or buy widgets for faster deployment and a more customized trading style.
US T+2: All That’s Left Is the Execution T+2 settlement is right around the corner for the US. What will it take to get from where the industry is now to implementation?
Is There a Watson in Your Financial Future? How artificial intelligence might affect financial services.
Fidelity Survey: Mobile Financial Apps Bring Higher ROI A Fidelity survey found that investors relying upon mobile finance apps are more engaged with their finances, with over 40% earning a 20%-plus return over the past 12 months.
Survey Shows an Urgency to Automate the Back Office Confluence reports numbers are trending up across the board when discussing the need to automate back-office processes.
7 Pillars of Market Surveillance 2.0 Compliance officers are facing flash crashes, insider trading, market manipulation, and more. Here are seven market surveillance and risk management steps that will help compliance officers sleep better at night.
Stop, Rethink & Recalibrate: A View From Asia Pacific Technology has made the human element of high- and low-touch trading almost indistinguishable. Brokers can no longer compete on price. Instead, they should build toward user experience and value of outcome.
The Sentient Enterprise: Data Driven as a Strategy, Not a Tactic Can capital markets take a tip from front-to-back-office customer execution efficiencies and apply it to the investment process?
Dig Deeper for Data: Enriching Wealth Management With New Market Insight To compete, wealth firms are providing direct electronic access to the content. Exposing the information to their clients is driving an evolution of the traditional advisor value proposition.
ITG Adopts Machine Learning Techniques to Boost Fills in Dark Pools To find natural liquidity from investors, ITG launched an optimizer that learns from its trades to allocate different order type combinations across 25 dark venues.
What’s Next in News Analytics: Not Social, Not Yet News sentiment analysis has come a long way, but it's still difficult to incorporate trusted social media data.
Shared Reporting Services on the Horizon, Genpact Predicts The financial services industry is starting to adopt shared services, resulting in reasonable impacts to the bottom line. Genpact expects a push for reporting efficiency will come next.
Don't Let the Cloud Rain on Your Operations Strategy Parade Avoid migrating large applications all at once to minimize risk during a cloud project.
Could Intel Lose Data Center Market Share to ARM Chips? ARM chips could be an alternative for certain purposes in the datacenter, but many questions have to be answered before they pose a threat to Intel's market dominance.
Cyber Risk Is a Top Concern, 84% Tell DTCC DTCC released its recent "Systemic Risk Barometer" survey showing that cyber risk is among the global financial industry's top five concerns, along with the impact of new regulations.
Cost to Trade: Hey, Banks, It’s Time to Face the Music Why is calculating the cost to trade so difficult for banks? The answer is as complex as the calculations themselves.
M&A Activity Will Continue to Grow in 2015 Data shows that the M&A market continues to improve, and forecasts indicate deal making will be healthy in 2015.
Droit Taps Industry Veterans as Advisors to Its Derivatives Compliance Platform Droit Financial Technologies appointed former ISDA CEO Robert Pickel, fintech specialist Mark Beeston, and former UBS executive Seth Cohen to join a new advisory board that will broaden the conversation about derivatives compliance.
Wall Street Seeks Edge From Operational Alpha Alpha was a front-office term, but now banks and brokers are looking to the middle and back office for profitability.
Chief Data Officers: Organization Strategy & Cultural Change Chief data officers are new to the financial services C-suite, but they are facing a number of challenges, including the need for new data governance and execution strategies, staffing, and new organizational structures to enable cultural change.
New York FinTech Innovation Lab Calls for New Entrepreneurial Applicants Wells Fargo joins 14 other major financial institutions providing mentoring and guidance to the six chosen startups.
Micro Data Challenges in an Era of Macroprudential Regulation Research and statistical analysis experts at central banks are tasked with developing sophisticated forecasts and models to identify systemic risk. Yet they are spending most of their time acting as data entry clerks, rather than developing these models.
Teradata Highlights 'Data Driven' Strategy at PARTNERS 2014 In-memory efficiency and tools to identify contextual relationships across systems take center stage at Teradata annual PARTNERS conference.
The Perks of 'SmartSourcing' Shared Services in Financial Industry A breadth of vital but undifferentiated business processes are still being replicated across the industry. They are all candidates for centralization.
Managing Social Media Risk Strategy: Technology Can Only Go So Far Advanced analytical technologies are an important part of a social media risk management strategy, an Accenture report says, but the technology must be balanced with training and procedures.
Speeding Up the SIP Isn't Enough, Say Market Pros at Baruch Conference Wall Street professionals discussed a plan to create multiple competing aggregators for the Nasdaq SIP as a way to strengthen the market infrastructure.
SIFMA Criticizes SIP Selection Process for Lack of Transparency Citing conflicts of interest in the voting process for a key market data feed, SIFMA letter presses for answers and for brokers and asset managers to get a seat at the table.
3 Reasons Financial Services Benefit From Cloud-Based Business Intelligence The answer to big-data success lies in the cloud.
The UPI, the LEI & Beyond The organizational mechanisms are in place. Now it's time for the financial industry professionals to provide guidance on a global coding scheme that is fit for all the purposes intended.
After Scandals & Ethical Lapses, Financial Industry Needs a Code of Conduct A financial markets trade body is bringing a model code of conduct to participants who work in interest rates, FX, commodities, and derivatives. After a series of fines, can this help banks repair their reputations?
4 Takeaways From Caplin's Mobile Trading Study Don't have a mobile trading offering? Your excuse is invalid.
Cross-Asset Universal Product Identifier: The Solution the Industry Is Looking For? A UPI will enable a holistic approach to identifying all trades and positions. While such an idea sounds great in theory, historical attempts at achieving global agreement have fallen short.
CME Layoffs Hit Technology Group Hardest CME Group's restructuring will eliminate 5% of the workforce.
Application Whitelisting Increasingly Applied in Cyber Security Innovations in application whitelisting solutions are helping IT teams more efficiently and flexibly automate and manage lists of approved applications.
Hedge Funds Gain Access to Data on Prime Services, Swaps & Funding Costs S3 will distribute counterparty analytics through Portware to help hedge funds and asset managers understand the costs of prime services, swaps, and custody services.
Manage Data to Meet Compliance Demands With no end to the data and information glut in sight, firms are seeking better ways to aggregate, analyze, and manage data to satisfy compliance and competitive demands.
The Evolution of Technology Due Diligence for Hedge Funds Due diligence is no longer a matter of keeping pace with regulations and technology standards. Now hedge funds are expected to enhance infrastructure ahead of regulatory guidelines.
Single Dealer Platforms: Are Their Days Numbered? Today, clients are not really consolidating their trading through preferred single suppliers; they will always hunt for the best price, best service, and most trusted supplier in any given market.
Quantcha's Search Engine Helps Retail Investors Find & Analyze Options Strategies The startup has launched an options search engine that filters and analyzes thousands of strategies based on an investor's stock price forecast, trade budget, and risk/reward parameters.
Only 23% of Buy Side Can Perform Intraday Calculations According to a SimCorp poll, 83% of buy-side respondents place a high importance on the ability to perform intraday calculations, but only 23% are able to perform these calculations.
How One Criminal Hacker Group Stole Credentials for 800,000 Bank Accounts Proofpoint report shows how one Russian-speaking criminal organization hides from security companies.
Citadel’s New CIO Builds on a Strong IT Foundation Citadel has a long history with cutting-edge technology. Joseph Squeri, the firm’s CIO, is happy to leverage its technology platform for newer projects.
Innovation Is Job One At Fidelity Labs Fidelity Labs has a long history of investing in technologies ahead of the business case. Sean Belka has taken up the mantle.
Transition Faster to the Cloud With DevOps Moving to the cloud requires a seamless operations and development process.
Freddie Mac’s CIO Drives Efficiency With a Laser-Focus Rob Lux takes the role of senior VP and CIO at Freddie Mac to modernize the institution and deliver new tools to benefit mortgage industry.
Buy Side Vets Research Providers with Standardized Questions Buy-side concerns over insider trading led Castine Consulting and Integrity Research to launch a cloud-based platform that standardizes due diligence questionnaires posed to research providers.
Nvestly Launches Social Investment Platform for the Average Person The real-time platform is geared to Millennials who can use its social media features to share and compare returns with friends and other investors.
Pssst – Can You Keep a Secret? Upholding Compliance Amongst Colleagues Even when all parties know the rules about sharing non-public information, it's clear more tools and logic are necessary to stem the free flow of sensitive data.