Deutsche Bank asks: why can’t Europe create a post-trade Amazon?
In a recent report about the future of post-trade in a T2S era, Deutsche Bank’s Global Transaction Banking division strikes a note we hear more and more often these days…
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Highlights from BIS’ 970-page tome on big data for central banks
Getting the most out of big data and the advanced technologies used to make sense of it is no trivial task for central banks, and in a recently released report,…
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SFM Magazine, Spring 2019, is now online
Automation, Big Data, CCP, Collateral Management, Market infrastructure, Regulatory, Repo, Securities Lending, SFTR
Securities Finance Monitor Magazine, Spring 2019, is now online. This edition features articles on fully paid lending, Canadian banks in the global prime brokerage market, market data in securities finance,…
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In five years, 90% of funding will be done by machines
You may disagree with the number of years or the percent, but everyone understands that automation in the funding and collateral space is occurring at a fast pace. The question…
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Three ways to read the ENSO Data Insights launch (Premium)
ENSO, now a division of CME Group, announced yesterday a new securities finance data product based on hedge fund collected rates. This could be a significant new entrant in the…
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Conference notes: tech advances in data privacy for financial services (Premium)
The technology of privacy is breaking ground at a steady pace as industries seek to navigate the brave new world of data. We highlight some of the key developments in…
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Finadium: Custodians and Client Facing Technology
The global custody business is becoming digitized, and custodians have adopted innovative strategies in delivering data, widgets and APIs to their global, diverse client bases. A new report from Finadium…
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How custodians are evolving client-facing tech: BBH (Premium)
As part of a series on how custodians are evolving client-facing technology, we spoke with major players about the way in-house development and innovation are being incorporated to better provide…
Read More How custodians are evolving client-facing tech: Citi (Premium)
As part of a series on how custodians are evolving client-facing technology, we spoke with major players about the way in-house development and innovation are being incorporated to better provide…
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Key takeaways from Fintech Week events
There was a lot going on during Fintech Week, which took place in the first week of March in Tel Aviv and Jerusalem and drew attendees from all corners of…
Read More Finadium: The Present and Future of Securities Finance Market Data
A new report from Finadium looks at securities finance market data across users and vendors. It evaluates potential future market developments including existing vendors and emerging market entrants. Continue reading
Read More How custodians are evolving client-facing tech: BNY Mellon (Premium)
As part of a series on how custodians are evolving client-facing technology, we spoke with major players about the way in-house development and relationships with bigtech and fintech are developing.…
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What’s in the US OFR’s new repo data collection rules (Premium)
The US Office of Financial Research last week released its final rules for repo data collection from CCPs with open commitments of $50 billion in repo activity over the last…
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Opportunities for SFTR data in the private sector (Premium)
We’ve been thinking about what the markets will do with SFTR data when it is published by Trade Repositories. In particular, we’ve been thinking about what Finadium plans to do…
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The value of a new securities lending volatility indicator (Premium)
A new securities lending volatility indicator has hit the market, this time from Benzinga and Tidal Markets. We review the idea, the market and the competitive landscape. Continue reading
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How much influence do fintechs have in the future direction of finance? (Premium)
How the fundamental functions of finance work are changing and fintech is not just a driver of that change, but also the future of solutions, said Nobel Laureate and co-originator…
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COP24 advances ESG commitments for EU banks and regulators
In tackling climate change as a long-term risk, EU finance ministers are advancing European Banking Authority studies on mandatory ESG (Environmental, Social, Governance) disclosures for banks in three years and…
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Unbundling regulations are making research tech a buy-side priority
MiFID II’s so-called “unbundling” rules have pushed the buy-side to prioritize research-focused fintechs to help manage the requirements. And while separating out sell-side research from execution costs has been a…
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What the buy-side thinks about alt-data and AI (Premium)
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…
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Central banks eye big data tech to overcome TR limits (Premium)
A recent BIS report highlighted how central banks and other authorities are using all that OTC derivatives data being gathered in trade repositories. Or maybe more to the point, how…
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Show me the alpha: how big data is shaping the modern investor
Both fundamental and quantitative strategies are fueling the alternative data boom, which in turn is changing the nature of trading and reshaping the modern investor, said buy- and sell-side panelists…
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Introducing the Semantic Blockchain in Capital Markets
Technological advances have made a “Semantic Blockchain” feasible. This is the ability to map smart contracts on the blockchain to qualitative information about the underlying data. It’s a realistic solution…
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Finadium: tech panelist stresses importance of contextualizing data
Data usage has exploded in the past decade. Increasingly complex data analysis and applications of data have become a staple across all industries, going as far as allowing firms to…
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How global financial regulators are getting “superpowers” in technological age
An evergrowing list of technologies is both challenging and bolstering financial institutions and their regulatory authorities. That list includes a veritable rogue’s gallery of characters: APIs (application programming interfaces), AI&ML…
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Envisioning the next evolution of the securities finance industry
Regulations and balance sheet management have combined to create the greatest level of disruption that the industry has seen since 2008, but this time the changes are likely to be…
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Big (alternative) data is better in real-time for alpha and risk
While there’s a lot of discussion about how to stop things like flash crashes, the fact is they are going to keep happening. Regulators are watching closely: ESMA just released…
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Buy-side still goes proprietary for alt-data, but vendors poised to take over
At Finadium, we are often digging into the use of securities lending data for investment decision-making, which fits into the broader category taking markets by storm: alternative data. During a…
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A US GDPR proposal is on the table
Senator Mark Warner (Democrat) of Virginia this week introduced a proposal for user privacy on technology platforms. The financial services industry will recognize this as a precursor to a US…
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Data crunchers waiting on cloud to be “ready for primetime”
The promised revolution of the cloud is still getting over a major hitch: it’s unclear who’s allowed to get inside it. That’s hardly surprising considering the cloud holds vast quantities…
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US Treasury fintech report: four impacts to securities finance
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…
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One golden source data repository is necessary for smart regulation
When discussing data for regulatory reporting, the European Union currently suffers from a burdensome approach to reporting across multiple and often inconsistent regulations. A golden source of data for regulatory…
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SFM Magazine, Summer 2018, is now online
Big Data, Collateral Management, Regulatory, Repo, Securities Lending, Technology, Trade Repositories, Tri-Party Repo
Securities Finance Monitor Magazine, Summer 2018, is now online. This edition features articles on what to do with all the data that regulators are collecting, if securities lending is a…
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Regulatory reporting generates huge data sets, but what happens next?
The lure of big data to support regulatory oversight of risk, collateral chains and market behavior is strong, but regulators must be ready for big data analytics. This creates a…
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Webinar replay: Securities Finance Data for Investment Decision Making (Premium)
Finadium presented a webinar on how securities finance data is being used in practice by asset managers as a source of alternative data. Finadium clients can watch the webinar replay…
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Lessons from FISL 2018: data is transforming the securities lending market for asset owner lenders and hedge fund borrowers
Securities lending markets are going through a major technology upgrade, and in an era of data that means beneficial owners are advantaged by the greater transparency that comes with it.…
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The EU General Data Protection Regulation (GDPR) sets a new, extraterritorial standard for client data protection
In a now recurring story, the European Union has created regulation that effectively captures the majority of transactions around the world. It will require a broad range of new compliance…
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How many data fields are really needed by regulators to supervise Securities Financing Transactions?
It’s widely accepted that the 152 fields designated by the EU’s Securities Financing Transactions Regulation (SFTR) is overkill. In fact, many of these fields don’t currently exist in participant computer…
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Webinar replay and slides: Securities Lending Data for Data Geeks and Quants
Thanks to panelists Hanweck, DataLend and State Street, and the almost 400 registrants for our webinar today on Securities Lending Data for Data Geeks and Quants. Here’s the webinar replay…
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The Basel Committee thinks there are five bank scenarios for fintech disruption; only one matters in capital markets (Premium)
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…
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Webinar: Securities Lending Data for Data Geeks and Quants Feb 28
The uses of securities lending market data are evolving. This webinar is intended for a quantitative/technical audience looking to understand differences in data sets and how securities lending data can…
Read More What’s the true cost of future funding? A new methodology for a stock borrow rate curve
Stock borrowing is an inherent element of any leveraged equities trading strategy. Whether the trade is as simple as a traditional short or as complex as a long hedge against…
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More Equifax lessons: open source and unlicensed apps add to cyber vulnerability
The Equifax breach is focusing industry and governmental attention on cyber security. Information emerging from various investigations into the event are showing that minor network vulnerabilities can quickly escalate into…
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The Equifax breach and cyber security: making it harder for hackers to find value in your data
The Equifax breach has become infamous. While technical and legal details of the hack are still emerging, there are some key lessons that every financial firm needs to review on…
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US Senate hearing add impetus to convergence between financial firms and fintech
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;…
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Global Legal Entity Identifiers are a technical convenience but do nothing to combat bad actors
The quest to assign Global Legal Entity Identifiers (GLEIs) is a misguided effort to assign legal responsibility where none belongs, and ends up making suspicious actors in financial markets look…
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Big Data, little lies, big problems – how Big Data can manipulate algorithmic trading
Add a new stock manipulation concern to the list: Big Data. Every piece of information mined out of Big Data by algo systems is suspect, and subject to hacking and…
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Can Artificial Intelligence in credit risk be the next big leap forward? Fintech startup James offers a case study
A Portuguese startup, James (formerly known as CrowdProcess), has gained some investors with deep business experience in the problem of capital markets credit risk. How much does the business need…
Read More IBM and Promontory bring Watson AI to regulatory technology
IBM provided a briefing on a major new initiative, announced on June 14th, that they are bringing their Watson technology to the realm of regulatory compliance. Here is what we…
Read More Free from Finadium: De-Mystifying “Digital” in Capital Markets
Finadium is providing a complimentary copy of our new Fintech Focus report, De-Mystifying “Digital” in Capital Markets, to Securities Finance Monitor readers. This report goes beyond the hype to look…
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SFM Magazine, Summer 2017, is now online
Securities Finance Monitor Magazine, Summer 2017, is now online. This edition features articles on disruptive fintech, industry collaboration and building a holistic collateral infrastructure. Hard copies will be distributed at…
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