Technology

AI ethics, CAIA, China, machine learning, natural language processing, Panagora

When CAIA (Chartered Alternative Investment Analyst Association) conducted a survey on the use of machine learning in the investment process, the vast majority of respondents proved to be in “raising…

Regtech at crossroads: are more prescriptive vendor standards coming?

June 17, 2019

artificial intelligence, ASIC, blockchain, FCA, ICMA, machine learning, regtech

It’s becoming apparent that technology alone isn’t the answer for regulatory compliance, so what is? We spoke with JWG Group after its annual RegTech Capital Markets Conference to find out…

Finadium: ESG Funds in Securities Lending: A Statistical and Program Analysis

June 13, 2019

Investments, Securities Lending, Technology

ESG, Finadium, Securities Lending, topstory

Environmental, social and governance (ESG) investment funds are on the rise, and with them the importance of these funds in securities lending. Using newly collected data, we document the securities…

Are security tokens really a flop? We look back at predictions.

June 11, 2019

blockchain, security tokens, STOs

A recent article from Forbes came with a reminder of year-end predictions for institutional crypto, in particular how security tokens would roll out. The article, titled “Security tokens were supposed…

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,…

Cyber, AI, ESG, fintech among top 10 fears for risk managers

June 3, 2019

artificial intelligence, bigtech, cyber resilience, cyber risk, cybersecurity, ESG, fintech, machine learning, Nedbank, risk management, RiskMinds, Standard Chartered

An article published by RiskMinds outlined the top 10 fears in risk management, and the list reveals many familiar trends that Fintech Capital Markets is seeing as well. Continue reading

Finadium: ISDA’s Common Domain Model and the Digitization of Collateral

May 30, 2019

Blockchain, Technology, Uncategorized

CDM, Common Domain Model, digitization, ISDA, topstory

A new report from Finadium on ISDA’s Common Domain Model (CDM) seeks to evaluate where, how and why it solves business problems for collateralized trading markets. CDM documents how derivatives…

Hacking scandals push crypto exchanges to quantum security (Premium)

May 21, 2019

crypto exchanges, cybersecurity, quantum computers, Richard Dennis, temtum

Crypto exchange hacks make consistent headlines, with industry heavyweight Binance being the latest to announce millions in losses. That’s why startup tech firm temtum is seeing momentum for its quantum…

BNY Mellon and AcadiaSoft break ground for collateral outsourcing

May 20, 2019

Automation, Technology

AcadiaSoft, automation, BNY Mellon, Initial Margin, non-cleared derivatives margin

In a recent announcement, BNY Mellon claimed to have solved the “last piece of the collateral puzzle” for buy-side derivatives clients facing non-cleared margin rules still being phased in. The…

Moody’s report details how blockchain is shaking up securitizations

May 14, 2019

Blockchain, Securitization, Technology

blockchain, DLT, Moody's, securitizations, topstory

Blockchain technology and in particular the use of smart contracts will streamline the securitization process with regards to portfolio selection and performance reporting, said Moody’s in a recent report. And…

FISL NYC 2019: what seclending players want from data and tech (Premium)

May 14, 2019

Artificial Intelligence, FISL, Securities Lending, Technology

artificial intelligence, asset managers, automation, Custodians, data analytics, hedge funds, machine learning, SFTR, topstory, vendors

As in many markets, the securities lending industry is tackling challenges in advancing technologies for investment and profitability, said panelists at Finadium’s annual Investors in Securities Lending conference. One panelist…

Getting it right on delegated reporting in SFTR

May 9, 2019

Catherine Talks

Market infrastructure, Regulatory, SFTR, Technology

Delegated Reporting, SFTR, topstory, Unavista

The idea of delegated reporting is that a firm can submit reports to a Trade Repository (TR) under SFTR on behalf of another firm, but applying this concept to an…

What crypto spring means for institutional investors (Premium)

May 7, 2019

Bakkt, CBDC, crypto custody, Demelza Hays, Fidelity Digital Assets, ICO, incrementum, STO

Since we spoke to fund Incrementum last quarter, crypto winter has followed the seasons into a crypto spring, as bitcoin lifted some 70+% since its low in December at $3,125.…

FISL NYC 2019: prioritizing tech spend in securities lending

May 7, 2019

Automation, Securities Lending, Technology

artificial intelligence, automation, Custodians, FISL NYC 2019, machine learning, topstory, vendors

There’s never enough technology, so the SecFin industry needs to be selective about how and where funds are dedicated, said a panel of custodians and vendors at FISL NYC 2019.…

Mastering the Client Side of SFTR

May 2, 2019

Automation, Europe, Market infrastructure, Securities Lending, Technology

DTCC, SFTR, topstory

Securities Finance Monitor spoke with DTCC’s senior SFTR Trade Repository leadership about the importance of the client side of the Securities Financing Transactions Regulation (SFTR) and why DTCC dedicates so many…

Differentiate your technology platform

April 28, 2019

Ben Simmers

Hedge Funds, Prime Brokerage, Technology

hedge funds, prime brokers, SS&C Advent Syncova, Syncova, topstory, Treasury platforms

The idea of Treasury platforms for hedge funds and other asset managers has taken hold lately because there are financial and organizational benefits from having one central point of control.…

Interview: using deep neural networks for derivatives pricing problems (Premium)

April 26, 2019

Alan Turing Institute, artificial intelligence, Blanka Horvath, deep neural networks, derivatives, Imperial College, machine learning, topstory, volatility

A recent academic paper showed how deep neural networks can be applied to derivative pricing problems, and in a way that appeases regulatory concerns about the use of such advanced…

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…

Financial ML further advanced than expected, N. America and buy-side lead

April 23, 2019

alternative data, buy-side, machine learning, Refinitiv

A survey from Refinitiv asked buy- and sell-side firms across North America, Europe and Asia about their levels of machine learning use and deployment. Refinitiv is the former financial risk…

How crypto markets are evolving for quants and market makers (Premium)

April 20, 2019

crypto derivatives, crypto exchanges, crypto regulation, cryptocurrencies, Eduard Silantyev, market makers, Thalesians

A recently published research paper, Order flow analysis of cryptocurrency markets, caught our attention. The paper’s author, Eduard Silantyev, examined trade and quote data of the XBT/USD perpetual derivatives contract on…

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…

What was said about crypto, blockchain and trust at IMF’s spring meeting

April 16, 2019

Benoît Cœuré, blockchain, Central Banks, Circle, crypto regulation, cryptoassets, ECB, IMF, J.P. Morgan, Kenya

In the digital currency world, there’s a phrase: “In crypto we trust”. And while IMF chief Christine Lagarde raised an eyebrow at the statement during a panel at the IMF’s…

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

Securities Lending, Technology

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…

No longer leading edge: Fully Paid Lending has entered the mainstream

April 11, 2019

Richard Stinchfield

Broadridge, fully paid lending, Securities Lending, topstory

For more than a decade, brokers on the leading edge of Fully Paid Lending (FPL) have worked hard to educate investors on the value of FPL in order to convince…

UBS: big bank blockchain exposes competitive tech gap

April 9, 2019

banks, blockchain, UBS, UBS Evidence Lab

A recent UBS Evidence Lab survey found a predictably yawning gap between big and small banks: larger banks are getting a competitive advantage from emerging tech, are more likely to…

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…

Conference notes: RPA and AI in finance (Premium)

April 8, 2019

AI, Marcus Evans, RPA

If there’s one quote that sums up what financial institutions are facing in the technological age, it might be that “digital innovation and AI transformation is like eating glass.” It’s…

Finadium launches enhanced analytics for US mutual funds and ETFs in securities lending; invites beta testers for online access

April 8, 2019

ETFs, Investments, Securities Lending, Technology

ETFs, Finadium, mutual funds, Securities Lending, topstory

Finadium has created an enhanced database of US mutual funds and ETFs in securities lending that incorporates SEC filings and additional industry content. The database provides clients a comprehensive analysis…

What US regulators are prioritizing for institutional crypto

April 2, 2019

CFTC, cryptoassets, DLT, DTCC, Jennifer Peve, sec

The increasing automation and digitization of markets are made up of many market tech trends, which are closely scrutinized by US regulators. Two recent events are worth noting for the…

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…

Data science teams are taking deep learning to production

March 26, 2019

Dataiku, deep learning, Deutsche Bank, ethical AI, GANs, M&G Prudential, reinforcement learning, risk management

Data science teams at banks and asset managers are making some headway in marrying AI academia and practice in the financial industry. At this year’s Rework Deep Learning in Finance…

Finadium: Scenarios for a Cyber Collateral Attack

March 26, 2019

Collateral Management, Technology

collateral, cyberattack, Finadium, topstory

Both the financial services industry and corporations everywhere have faced an increase in cyberattacks in recent years, by both state-led and individual actors. This report focuses on how an attack…

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…

A Common Domain Model for securities finance

March 18, 2019

Blockchain, Securities Lending, Technology

Common Domain Model, ISDA, ISLA, securities finance, standardization, topstory

Last week, ISLA’s Andy Dyson made a passing reference to a conversation with ISDA about their Common Domain Model (CDM) project, that could be extended to securities finance. This is…

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

March 14, 2019

Automation, Technology

acquisitions, automation, Charles River Development, data analytics, State Street, 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.…

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

No, 40% of European startups are not lying about having “AI”

March 10, 2019

artificial intelligence, Venture capital

A series of news articles based on a report from venture capital fund MMC Ventures and Barclays made headlines revealing that 40% of “AI” startups in Europe do not have…

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

March 7, 2019

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

What experts are saying about institutional adoption of blockchain (premium)

March 5, 2019

blockchain, crypto regulations, ICOs, STOs, White & Case

Blockchain adoption requires a total shift away from the traditional landscape, and can be described as a “long-term shift in value creation ecosystems”, was the message from Tel Aviv Fintech…

VCs are ploughing money into AI, but are they using it to make decisions?

March 4, 2019

data analysis, machine learning, PitchBook, Venture capital

An interesting survey about venture capital attitudes to data and tech echoes trends in the financial services industry writ large. VC invested some $24.6 billion in AI and machine learning…

Can independent custody on the blockchain make sales? We don’t see it.

March 4, 2019

Blockchain, Custodians, Technology

blockchain, Custody, topstory

The idea of custody on the blockchain is exciting. Streamline holdings and corporate actions! Get rid of middlemen! The sales pitch is alluring but the reality is something else. We…

Crypto and blockchain are stars of private investment in 2018

February 26, 2019

blockchain, cryptoassets, cryptocurrencies, KPMG, Singapore

Blockchain and crypto came out as one of the strongest aspects of fintech investment in 2018, a year that found a shift from project to product focus. Continue reading

About the NY Fed’s plan for tournament modeled on spies

February 25, 2019

Federal Reserve Bank of Atlanta, Federal Reserve Bank of New York, quantitative tool, risk models, Simon Potter

The Federal Reserve Banks of Atlanta and New York inaugurated a joint research day on quantitative tools for monitoring macroeconomic and financial conditions, and remarks made by Simon Potter during…

Guest post: how AI has disrupted the financial sector

February 15, 2019

News and Notes – Fintech, Technology

artificial intelligence, fountech.ai, guest post, Nicolas Kairinos

There are few more exciting developments set to reshape the world of finance than artificial intelligence, and while large traditional banks are often as nimble as freighters, they are keen…

Finadium: Trust, Technology and Advances in Crypto Privacy

February 12, 2019

Cryptocurrency, Technology

Crypto, Finadium, privacy, technology

Trust remains a critical component of building a successful crypto marketplace. While cryptocurrencies and tokens have proven theoretically interesting to the public, continued hacks and exposures of transactions mean that…

Blockchain has integration problems that financial markets have seen before

February 12, 2019

blockchain, Cindy Mallory, cryptocurrencies, interoperability, Oz Sultan, VRARA