Artificial Intelligence

cybersecurity, FINRA, LACERA, Securities and Exchange Commission, State Street

This week, State Street is going to be scrutinized for data security incidents that affected a pension fund client, LACERA (Los Angeles County Employees Retirement Association, $56bn AuM). Detailed summaries…

2018 year in review: what happened in advanced (fin)tech

December 18, 2018

artificial intelligence, explainable AI, Quantum Computing

2018 was predicted to be the year of AI by many experts across a variety of sectors, and it was. But it’s also the year that quantum computing started to…

What the buy-side thinks about alt-data and AI (Premium)

November 19, 2018

Artificial Intelligence, Big Data, Technology

artificial intelligence, Battle of the Quants, Big Data, CloudQuant, Edmond de Rothschild, MScience, Optimal Capital, Prime Capital Management

Alternative data and artificial intelligence for investment are exploding. But what do funds actually think about when investing? Key takeaways from the Battle of the Quants Big Data conference. Continue…

Early AI adopters choose revenue and competition over cost savings

November 6, 2018

Allianz, artificial intelligence, BCG, China, ING, MIT

The latest MIT Sloan Management Review just published Artificial intelligence in business gets real, which details the results of the 2018 artificial intelligence global executive study and research project in…

AI tech: are your neural networks convoluted? Try spikes.

October 26, 2018

ASICs, BrainChip, deep learning, hardware acceleration, neural networks, SNNs

The application of artificial intelligence across industries depends on hardware acceleration, and some of the ways that’s being done was detailed at a recent Nvidia conference for GPU (graphics processing…

Nvidia boasts deep learning hardware breakthroughs, but early days for finance (Premium)

October 23, 2018

deep learning, explainable AI, hardware acceleration, neural networks, Nvidia, Optimizing Mind

Nvidia has been getting a lot of attention for its GPU strategy in an era of artificial intelligence, not least due to the atmospheric rise of its stock price over…

AI needs human-in-the-loop ethics. Is this a job for regulators?

October 9, 2018

AI ethics, artificial intelligence, Liquidnet, machine learning, Tom Doris

Last year, the passing of a former Russian officer who averted nuclear disaster served as a reminder why “human-in-the-loop” ethics for artificial intelligence and machine learning isn’t merely jargon. In…

Deep learning in finance is changing geography and systemic risk (Premium)

October 3, 2018

artificial intelligence, bigtech, California, Canada, China, London, New York, Stanford University

As the latest rounds get fought between New York and London for the coveted prize of world’s top financial center, some questions are being raised whether new technologies are changing…

Regtech spotlight: using machine learning on network data

September 27, 2018

artificial intelligence, Big Data, Corvil, Flow Traders, HFT, Intelligence Hub, machine learning

Corvil’s Intelligence Hub is now shipping, and the analytics and regtech firm is showing some early adoption use cases for its machine-time, artificial intelligence-powered analytics of network data. That may…

A Framework for Evaluating and Prioritizing Automation Projects

September 25, 2018

Martin Walker

Artificial Intelligence, Operations, Technology

AI, automation, Broadridge, capital markets, operations, Robotics Process Automation, technology, topstory

Automation is the new “big thing” in capital markets, but weren’t computers invented to automate the work of humans that would otherwise be done by people? Predictions of wide scale…

Fintechs must understand how cybersecurity rules are unfolding

September 14, 2018

banks, cybersecurity, fintech, Regulatory

Your executive board has just been notified of a spammy-looking demand from “North Korean” attackers to pay ransom on threats of releasing sensitive client information: What do you have to…

Quantum computing insiders ride fintech hype cycle

September 11, 2018

Quantum Computing

In 2015, it was rumored that the notoriously secretive hedge fund RenTech, a pioneer in using advanced technologies for investment and trading, was hiring graduates straight out of University of Amsterdam’s…

Putting machines to work for portfolio managers and traders

August 31, 2018

Google DeepMind, IBM Watson, Liquidnet, natural language processing, OpenAI, State Street, supervised learning, unsupervised learning

The upward mobility of artificial intelligence and machine learning in the mass consciousness can be described by the competitions they’ve competed in and won against humans. The companies and games…

An AI winter is nowhere in sight, and neither is an AI definition

August 17, 2018

artificial intelligence, back office, deep learning, machine learning, SaaS, World Economic Forum

Whenever the hype over artificial intelligence goes a bit too far, the term “AI winter” tends to pop up, injecting a tone of cynicism that “we’ve been here before”, and…

Big tech and startups lead on deep learning, and that’s OK

August 2, 2018

CB Insights, deep learning, FAMGA, STAC

An interesting briefing from CB Insights detailed how a specific slice of artificial intelligence, called deep learning, has vast implications for mitigating risk and reducing costs in financial services. Based…

US Treasury fintech report: four impacts to securities finance

August 2, 2018

Artificial Intelligence, Big Data, Collateral Management, Credit Exposure, Regulatory, US

collateral, fintech, technology, topstory, US Treasury

Artificial Intelligence, Collateral Management, Technology

The US Treasury issued the fourth report in their series, “A Financial System That Creates Economic Opportunities”; this one focuses on Fintech. Some of the recommendations speak to matters that…

Managing data through complexity: business evolution in the machine age

June 18, 2018

Sabine Farhat-Dupla

Big Data, machine learning, Murex, topstory

The evolution of capital markets, including complex regulations such as the Securities Financing Transactions Regulation (SFTR), has resulted in a need to manage and understand data as a core function,…

Applying Artificial Intelligence to Securities Finance

February 22, 2018

Michael Saunders

Artificial Intelligence, Blockchain, Repo, Securities Lending, Technology

artificial intelligence, blockchain, BNPP, securities finance, smart data, topstory

Technology is the critical competitive element in our business today, ranging across all capital markets activities including securities lending. However, technological innovation is a difficult task to master: the current…

The Basel Committee thinks there are five bank scenarios for fintech disruption; only one matters in capital markets (Premium)

February 21, 2018

Artificial Intelligence, Basel III, Big Data, Blockchain, Regulatory, Technology

AI, Basel Committee, disruption, fintech, technology, topstory

In a report released this week, the Basel Committee on Banking Supervision evaluated the implications of fintech developments for banks and supervisors. This healthy analysis came up with five scenarios…

Custodians really are making the transition to “technology as a service” providers (Premium)

February 13, 2018

Artificial Intelligence, Custodians, Operations, Technology

artificial intelligence, Custodians, Robotics Process Automation, technology, topstory

We’re making the call: the leading custodians are successfully moving to a new business model from the top down that sees technology as the main service they are providing, wrapped…

SFM Magazine, Winter 2018, is now online

Securities Finance Monitor Magazine, Winter 2018, is now online. This edition, our Technology Special, features articles on what protectionism means for efficiency in global capital markets, a proposal for smart…

Artificial Intelligence is one way of several to bridge the manual to STP gap (Premium)

January 9, 2018

Artificial Intelligence, Collateral Management, Derivatives, Operations, Technology

AI, artificial intelligence, ION Trading, STP, Straight-through processing, topstory, True-PTS

Big banks, established vendors and start-ups are seeing a similar opportunity: technology should be used to get manual and voice transactions into electronic systems for post-trades processing, particularly for collateralized…

Collateral management technology vendors on blockchain and Artificial Intelligence (Premium)

December 14, 2017

Artificial Intelligence, Blockchain, Collateral Management, Technology

artificial intelligence, blockchain, collateral management, technology, topstory

For our recently released survey of 21 collateral management technology vendors, we asked how far vendors had come in monitoring, testing or going live with a blockchain or Artificial Intelligence…

Recent layoffs in securities finance show the impact of technology (Premium)

November 14, 2017

Artificial Intelligence, Repo, Securities Lending, Technology

automation, securities finance, technology, topstory

We have been wondering for a while if technology was going to mean fewer people working in securities finance. For the front office, the answer is now pushing towards a…

DB chief warns banking jobs will be lost to robotics but history tells a different story

October 19, 2017

Richard Stinchfield

Artificial Intelligence, Fintech, Operations, Technology

Deutsche Bank, disruption, financial technology

John Cryan, the chief executive of Deutsche Bank, recently told bankers in Frankfurt that robots would replace many human workers at his firm. The modern history of technology, though, doesn’t…

US Senate hearing add impetus to convergence between financial firms and fintech

October 2, 2017

Richard Stinchfield

Artificial Intelligence, Big Data, Blockchain, Fintech, Regulatory, Technology, US

disruption, financial regulation, fintech, politics

The US Senate committee on Banking, Housing and Urban Affairs recently held hearings on Fintech and regulations. The speed of Fintech making a tangible impact in financial markets is accelerating;…

Finadium: The Business Case for Robotic Process Automation in Capital Markets

September 26, 2017

Artificial Intelligence, Operations, Technology

fintech, robotics, Robotics Process Automation, RPA, topstory

In an environment where compressed profit margins and general control remain high priorities, many approaches are being taken to increase automation. One of the most popular and potentially most expeditious…

Applications for artificial intelligence in securities finance and collateral management

September 7, 2017

Martin Seagroatt

Artificial Intelligence, Collateral Management, Repo, Securities Lending, Technology

artificial intelligence, Broadridge, collateral management, securities finance, technology, topstory

Following numerous hype cycles, artificial intelligence (AI) is now gaining widespread adoption, with the potential to radically transform many areas of the financial services industry. Continue reading

The Fintech overhype cyclical has gone into overdrive

September 6, 2017

fintech, startups, technology

We went to a Fintech meet up last night and came away with one outstanding conclusion: the hype cycle in the startup financial technology market is beyond anything we consider…

Finadium: AI in Capital Markets: What Matters and What Doesn’t

August 22, 2017

artificial intelligence, capital markets, Finadium, machine learning, robotics, topstory