Big Data

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, Highlighted, Securities Lending

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, Securities Lending

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

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…

IBM and Promontory bring Watson AI to regulatory technology

June 21, 2017

Basel III, Big Data, Credit Exposure, Dodd-Frank, Fintech, Regulatory, Risk Management, Technology

artificial intelligence, Digital Reasoning, financial technology, fintech, IBM, Regulatory, topstory

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…

Free from Finadium: De-Mystifying “Digital” in Capital Markets

June 13, 2017

capital markets, Digital, Finadium report, technology, topstory

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…

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…

MiFID II in the US and Asia – action items for large asset managers (Premium)

May 17, 2017

Asia, Big Data, Europe, Regulatory, US

asset managers, compliance, MiFID II, topstory

MiFID II, Europe’s major new regulation on conduct, has gone global. Large asset managers see no value in supporting regional systems for reporting best execution and policy making and are…

Artificial Intelligence in capital markets – what is it really, and how will it change the market?

May 15, 2017

artificial intelligence, Big Data, distributed ledger technology, financial technology, topstory

Big Data, Blockchain, Market infrastructure, Technology

Just when you thought it was all about Big Data and Distributed Ledger Technology (DLT), the next great technology trend in capital markets is already jockeying for attention. It’s called…

From Standardisation to Diversity: the state of agency securities lending

April 25, 2017

Paul Amery

Basel III, Big Data, Investments, Securities Lending

agency lending, Basel III, Big Data, CCPs, direct, peer to peer, Securities Lending, topstory

Amidst increasing demand from investors to generate extra revenues, the global securities finance industry is steadily moving away from a standard agent lender model and towards a greater diversity of…

Big Data: a new challenge and opportunity for securities finance

April 19, 2017

Big Data, Derivatives, Market infrastructure, Regulatory, Securities Lending, Technology

agency lending disclosure, Big Data, MiFID II, SFTR, technology, topstory

A true story: several years ago at an industry conference, a stock loan trader rose to passionately complain to a vendor panel that he was being overwhelmed by data. While…

A proposed change to US balance of trade metrics creates a new benchmark challenge for collateralized trading

March 1, 2017

Big Data, Risk Management, Systemic Risk, US

balance of trade, collateralized trading, monetary policy, statistics, topstory

The US administration is considering a change in the way trade statistics are calculated. In the world of collateralized trading, including spread-based swaps and other derivatives pegged to predictors, any change to…

Finadium: Measuring Bank Profitability in Financing and Derivatives: Challenges and Responses

February 16, 2017

Big Data, Derivatives, Securities Lending

banks, Data, Profitability, topstory

This research report evaluates banking profitability from the fundamentals of measurement to 10 levers for improvement, with an emphasis on financing and derivatives activities in capital markets. We also consider…

Agent lenders and prime brokers could be “systematic internalisers” under MiFID II

February 1, 2017

Big Data, Europe, Regulatory, Repo, Securities Lending

ESMA, Europe, MiFID II, OTC derivatives, Repo, Securities Lending, structured finance products, systematic internaliser, topstory

ESMA has released an updated Q&A on MiFID II transparency and market structure topics. A central issue was how to define systematic internalisers and what their responsibilities are in the…

Four emerging tech trends to watch in capital markets (Premium)

January 11, 2017

Big Data, Blockchain, Collateral Management, Dodd-Frank, Market infrastructure, Regulatory, Securities Lending, Settlements, Technology

blockchain, distributed ledger technology, financial technology, fintech, peer to peer, topstory, vendors

We have identified four emerging tech trends in capital markets for 2017 with an emphasis on securities finance and derivatives, but which also impact a broad cross-section of market activity.…

Cyber security, smart contracts, and the golden copy

November 23, 2016

Big Data, Bitcoin, Blockchain, Market infrastructure, Regulatory, Risk Management, Systemic Risk, Technology

blockchain, cryptoledger, cyber security, data security, topstory

One of the pivotal controversies that helped decide recent US election campaign revolved around cyber security. Politicians and politics have long been the target of information security attacks, but emails and political…

The value of data: Shadow Banking, repo and lending to SMEs (Premium)

September 6, 2016

Big Data, Financial Stability Board, Investments, Money Market Funds, Repo

Financial Stability Board, Repo, Shadow Banking, topstory

Several stories and reports emerged in the last few days that highlight the value of Shadow Banking and securities finance data in the marketplace. While data is always useful, new sources make…

An interview with Bimal Kadikar, CEO of Transcend Street Solutions

May 16, 2016

Big Data, Collateral Management, Derivatives, Liquidity Management, Operations, Technology

Big Data, Bimal Kadikar, collateral management, Liquidity, Margin, technology, topstory, Transcend Street

Big Data, Collateral Management, Liquidity Management

Transcend Street Solutions is establishing itself as an innovative player in the collateral and liquidity technology space. We spoke with CEO and founder Bimal Kadikar to learn more about what…

Collateral and Liquidity Data Management: the next big challenge for financial institutions

March 7, 2016

Bimal Kadikar

Big Data, Bimal Kadikar, collateral, Liquidity, topstory, Transcend Street

The problem is well known: financial institutions have data all over the place. Small institutions tend to face straight-forward challenges, while large ones must identify not only where data are…

Securities Finance Monitor Magazine Edition 3 (Tech Special) is now online

February 4, 2016

Basel III, Big Data, Blockchain, Collateral Management, Regulatory, Repo, Securities Lending, Technology

Finadium, SFM Magazine, topstory

Securities Finance Monitor Magazine Edition 3, our Technology Special, is now online. Hard copies were distributed at Clearstream GSF and IMN’s US Beneficial Owner Conference. Download your free copy here.…

Big Data comes to Securities Finance

December 16, 2015

David Lewis

Big Data, Repo, Securities Lending, Technology

Big Data, securities finance, Securities Lending, SunGard, technology, topstory

Big Data has taken over retailers, governments and social media, and it is now coming to securities finance. Securities finance has always had to contend with a substantial amount of…

De-mystifying blockchain in financial services: feedback and questions from the Finadium client webinar (Premium)

December 14, 2015

Big Data, Blockchain, Market infrastructure

blockchain, corporate actions, fintech, technology, topstory, Webinar