Big Data

The market dislocation in mid-March saw all assets correlate in a major sell-off, prompting major knock-on effects for securities financing and collateral management. We take a look at what the…

New Investment Analytics teams are gathering securities finance data for portfolio construction and audit

February 3, 2020

Data, Investment Analytics, securities finance, topstory

Finadium has seen an uptick in interest in the last few months from Investment Analytics teams. This coincides with new industry hires in Investment Analytics that show the practical growth…

SFM Magazine, Fall 2019, is now online

October 1, 2019

Big Data, Collateral Management, Common Domain Model, Repo, Securities Lending, SFTR, Technology

buy-side, collateral, Repo, securities finance, Securities Lending, SFTR, topstory, treasuries

Securities Finance Monitor Magazine, Fall 2019, is now online. This edition features articles on best execution in securities lending, electronic dealer and RFQ repo markets, the Common Domain Model in…

Deutsche Bank asks: why can’t Europe create a post-trade Amazon?

June 10, 2019

Amazon, bigtech, CSDs, Custodians, Deutsche Bank, Europe, T2S

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…

Highlights from BIS’ 970-page tome on big data for central banks

June 4, 2019

artificial intelligence, Bank for International Settlements, Big Data, Central Banks, machine learning

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,…

SFM Magazine, Spring 2019, is now online

May 7, 2019

Automation, Big Data, CCP, Collateral Management, Market infrastructure, Regulatory, Repo, Securities Lending, SFTR

Canada, collateral management, fully paid lending, Market infrastructure, Prime Brokerage, Securities Lending, SFTR, topstory

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,…

In five years, 90% of funding will be done by machines

April 25, 2019

Bimal Kadikar

Big Data, Collateral Management, Liquidity Management, Technology, Uncategorized

Big Data, Bimal Kadikar, collateral, connected data, Liquidity, technology, topstory, Transcend

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…

Three ways to read the ENSO Data Insights launch (Premium)

April 17, 2019

Big Data, Derivatives, Regulatory, Securities Lending, Technology

CME, Enso, securities finance data, topstory

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…

Conference notes: tech advances in data privacy for financial services (Premium)

April 16, 2019

cloud technology, data regulation, GDPR, Google Cloud, HSBC, Open Banking, Privitar, PSD2

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…

Finadium: Custodians and Client Facing Technology

April 9, 2019

Big Data, Custody, Finadium, technology, topstory

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…

How custodians are evolving client-facing tech: BBH (Premium)

March 28, 2019

APIs, BBH, data management, derivatives, IBOR, topstory

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…

How custodians are evolving client-facing tech: Citi (Premium)

March 21, 2019

Big Data, bigtech, Citi, fintech, topstory

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…

Key takeaways from Fintech Week events

March 18, 2019

BBVA, blockchain, BNP Paribas, cryptocurrencies, Data, Facebook, Google Payment, Hapoalim, J.P. Morgan, Lightning Network, Lithuania, QuantLR, quantum key distribution, Revolut

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…

Finadium: The Present and Future of Securities Finance Market Data

March 13, 2019

Big Data, Securities Lending, Technology

Finadium, market data, securities finance, topstory

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

How custodians are evolving client-facing tech: BNY Mellon (Premium)

March 7, 2019

BNY Mellon, cloud technology, Custodians, data management, NEXEN, topstory

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.…

What’s in the US OFR’s new repo data collection rules (Premium)

February 18, 2019

Big Data, cleared repo, Regulatory, Repo, US

CCP, FICC, OFR, Repo, topstory, US

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…

Opportunities for SFTR data in the private sector (Premium)

February 13, 2019

Big Data, ESMA, Europe, Repo, Securities Lending

Data, ESMA, SFTR, topstory

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…

The value of a new securities lending volatility indicator (Premium)

January 21, 2019

Benzinga, FIS Astec, Securities Lending, Tidal Markets, topstory, VIX, volatility indicators

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

How much influence do fintechs have in the future direction of finance? (Premium)

December 11, 2018

banks, fintech, Fintech Mundi, Gershon, UBS

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…

COP24 advances ESG commitments for EU banks and regulators

December 7, 2018

COP24, ESG, ethical investment, Financial Stability Board, PRMIA, regulatory reporting, TCFD

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…

Unbundling regulations are making research tech a buy-side priority

November 27, 2018

alternative data, AMIC, Battle of the Quants, events, ICMA

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…

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…

Central banks eye big data tech to overcome TR limits (Premium)

November 8, 2018

artificial intelligence, Big Data, machine learning, Trade repositories

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…

Show me the alpha: how big data is shaping the modern investor

October 19, 2018

alternative data, BAML, Big Data, QuantZ, RavenPack, System2

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…

Introducing the Semantic Blockchain in Capital Markets

October 4, 2018

Narasimha Kodihalli

Big Data, Blockchain, Derivatives, Technology

CDM, Common Domain Model, ISDA, OpenRisk, OpenRisk Technologies, OTC derivatives, semantic blockchain, topstory

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…

Finadium: tech panelist stresses importance of contextualizing data

October 1, 2018

Alex Tonhazy

Big Data, data context, Patrick McCreesh

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…

How global financial regulators are getting “superpowers” in technological age

September 26, 2018

Big Data, market monitoring, Mexico, Nigeria, pension funds, Philippines, R2A, regtech, suptech

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…

Envisioning the next evolution of the securities finance industry

September 18, 2018

Rajen Sheth

Big Data, Collateral Management, Liquidity Management, Securities Lending, Technology

Big Data, Pirum, securities finance, technology, topstory

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…

Big (alternative) data is better in real-time for alpha and risk

September 6, 2018

Alpha generation, alternative data, Big Data, Goldman Sachs, Hanweck, intraday securities lending data, machine learning, Margin, Volmageddon, Voyant Capital Management

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…

Buy-side still goes proprietary for alt-data, but vendors poised to take over

August 21, 2018

Aite Group, alternative data, buy-side

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…

A US GDPR proposal is on the table

August 15, 2018

Big Data, Regulatory, US

Big Data, GDPR, Regulation, topstory

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…

Data crunchers waiting on cloud to be “ready for primetime”

August 7, 2018

AWS, cloud, GCP, HSBC

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…

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

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…

One golden source data repository is necessary for smart regulation

July 9, 2018

Michael Cyrus

Big Data, Europe, Regulatory

Big Data, DekaBank, Europe, Michael Cyrus, Regulatory, smart regulation, topstory

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…

SFM Magazine, Summer 2018, is now online

July 2, 2018

Big Data, Collateral Management, Regulatory, Repo, Securities Lending, Technology, Trade Repositories, Tri-Party Repo

Big Data, collateral management, Data repositories, Emerging Markets, Europe, Regulation, Repo, Securities Lending, topstory

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…

Regulatory reporting generates huge data sets, but what happens next?

June 28, 2018

Andrea Ferrise

Big Data, Europe, Regulatory, Technology, Trade Repositories

Big Data, collateral, LEI, Regulatory, topstory, Trade repositories, Unavista

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…

Webinar replay: Securities Finance Data for Investment Decision Making (Premium)

June 27, 2018

Big Data, Repo, Securities Lending

Big Data, Repo, securities finance, Securities Lending, topstory

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…

Lessons from FISL 2018: data is transforming the securities lending market for asset owner lenders and hedge fund borrowers

April 23, 2018

Big Data, FISL, Securities Lending

Aberdeen Standard Investments, buy-side, data management, financial technology, FISL NYC 2018, Joshua Gray, Matthew Chessum, Russell Investments, topstory

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.…

The EU General Data Protection Regulation (GDPR) sets a new, extraterritorial standard for client data protection

March 13, 2018

Big Data, Europe, Technology

Europe, GDPR, topstory

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…

How many data fields are really needed by regulators to supervise Securities Financing Transactions?

March 8, 2018

Big Data, ESMA, Financial Stability Board, Repo, Securities Lending

Finadium, FSB, reporting, securities financing transactions, SFTR, topstory

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…

Webinar replay and slides: Securities Lending Data for Data Geeks and Quants

February 28, 2018

Big Data, DataLend, exchange-derived data, Hanweck, Securities Lending Data, State Street

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…

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…

Webinar: Securities Lending Data for Data Geeks and Quants Feb 28

February 5, 2018

Big Data, DataLend, Hanweck, Securities Lending, Securities Lending Data, State Street Securities Finance, topstory

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…

What’s the true cost of future funding? A new methodology for a stock borrow rate curve

January 22, 2018

Robert Levy

Big Data, Derivatives, Investments, Securities Lending

exchange-derived data, future funding, Hanweck, rate curve, topstory

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…

More Equifax lessons: open source and unlicensed apps add to cyber vulnerability

October 10, 2017

Big Data, Fintech, Risk Management, Technology

cyber risk, cyber security, fintech

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…

The Equifax breach and cyber security: making it harder for hackers to find value in your data

October 4, 2017

Big Data, Risk Management, Technology

Big Data, cyber risk, cyber security

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…

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

October 2, 2017

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;…

Global Legal Entity Identifiers are a technical convenience but do nothing to combat bad actors

September 18, 2017

Big Data, Blockchain, Operations, Regulatory, Risk Management, Systemic Risk, Tax, Technology

artificial intelligence, DLT, Know Your Customer, LEI, regtech, topstory

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…

Big Data, little lies, big problems – how Big Data can manipulate algorithmic trading

August 21, 2017

Big Data, Market infrastructure, Regulatory, SEC, Technology

Big Data, compliance, Regulatory, sec

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…

Can Artificial Intelligence in credit risk be the next big leap forward? Fintech startup James offers a case study

July 25, 2017

Big Data, Credit Exposure, Fintech, Market infrastructure, Systemic Risk, Technology

artificial intelligence, counterparty credit exposure, credit risk, fintech, technology, topstory