Technology

Regulators want to disrupt the way they are regulating, and how advanced technologies answer critical compliance questions is going to determine the pace of travel, even while the direction seems…

Electronic RFQ repo markets and the social quest for liquidity

September 26, 2019

Ed Tyndale-Biscoe

Repo, RFQ, Technology

electronic trading, Ion, Repo, RFQ, social networks, topstory

New regulations and a drive for efficiency are accelerating the move towards e-trading in repo markets, while advanced platforms and tools are reinventing how liquidity is sourced and accessed. And…

Investors in Securities Lending conference launches tomorrow in Paris

September 23, 2019

ESG, Europe, Securities Lending, SFTR, Technology

BNPP, Citi, ESG, Eurex, Euronext, FISL Europe, MarketAxess, Securities Lending, topstory, Total Return Futures

We are excited to welcome roughly 150 attendees to the Finadium Investors in Securities Lending (FISL) conference tomorrow, this year in Paris. Here’s what’s in store for this buy-side oriented…

FISL Europe: deploying technology for global markets harmonization

September 18, 2019

Bloomberg, Broadridge, FISL Europe, topstory

At our upcoming Finadium Investors in Securities Lending Conference in Paris on 24 September, Bloomberg, Broadridge, MarketAxess and Pirum will be discussing what’s important for securities finance technology right now,…

Finadium: Collateral Management Technology Vendors in 2019: A Finadium Survey

September 17, 2019

Collateral Management, Technology

collateral management, Finadium, SFTR, technology, topstory, UMR

Finadium has conducted its sixth industry-wide survey of collateral management technology vendors, providing a comparative look at the development of this sector, and focusing exclusively on vendors providing collateral technology…

Connected Data: The Opportunity for Collateral and Liquidity Optimization

September 12, 2019

Bimal Kadikar

Collateral Management, Operations, Technology

Big Data, Bimal Kadikar, collateral, collateral optimization, topstory, Transcend

The function and definition of collateral and liquidity optimization has continued to expand from its roots in the early 2000s. Practitioners must now consider the application of connected data on…

FISL Europe: SFTR is the Brexit of securities finance tech

September 11, 2019

Regulatory, SFTR, Technology

Broadridge, CDM, FISL Europe, MarketAxess, topstory

When talking about the way that technology is impacting securities finance, the pressure of getting ready for the Securities Financing Transactions Regulation dominates the agenda because of its immediacy and…

SFTR peer update: where does your firm stand in getting ready?

September 10, 2019

mstan

Europe, Regulatory, Repo, Securities Lending, Technology

Delegated Reporting, Europe, MarketAxess, securities finance, SFTR, topstory, UTI

MarketAxess and Finadium recently surveyed 16 large market participants to better understand the current state of readiness for the Securities Financing Transactions Regulation (SFTR). The results of the survey show…

Help wanted: buy-side firm seeks CCP business model for securities lending

September 5, 2019

Rajen Sheth

CCP, Securities Lending, Technology

Beneficial Owners, buy-side, CCP Gateway, CCPs, Pirum, Securities Lending, topstory

CCPs for the buy-side in securities finance, long thought of as an elusive unicorn, are now coming to fruition in what may be the most important change to the industry…

US regulators did something about crypto research fraud: where are we now?

September 2, 2019

blockchain, crypto regulation, cryptocurrencies, fraud, ICORating, Securities and Exchange Commission, topstory

In a move that seems to have surprised nobody, the Securities and Exchange Commission fined an ICO research firm with misleading practices. Russia-based ICORating agreed to pay almost $270k to…

Challenges in Adopting a Common Domain Model for Securities Finance

August 29, 2019

Martin Walker

Automation, Common Domain Model, Technology

automation, Broadridge, Common Domain Model, digitization, SFTR, topstory

Regulations such as SFTR are driving discussion in the securities finance industry around how to agree on standardized processes and workflows. One idea is the Common Domain Model (CDM), similar…

AcadiaSoft’s collateral tech is moving to cloud: what’s going to happen on-prem? (Premium)

August 13, 2019

Automation, Collateral Management, Technology

AcadiaSoft, CloudMargin, topstory, UMR

AcadiaSoft’s recent announcement of a partnership with CloudMargin raises questions about why this move makes sense, and what’s going to happen with the fintech’s existing enterprise applications. We spoke with…

What quantum full-stack means for financial services (Premium)

August 7, 2019

Commonwealth Bank of Australia, Quantum Computing, QxBranch, Rigetti, topstory, UBS

Last month, Rigetti Computing, a quantum computing hardware firm with a “full-stack” strategy, acquired QxBranch, a quantum computing and data analytics software startup. The acquisition is expected to expand on…

Finadium Big Ideas Quarterly Q3 2019 now online

August 6, 2019

Investments, Regulatory, Securities Lending, Technology

Common Domain Model, ESG, SA-CCR, Securities Lending, topstory

Our quarterly presentation on research, news and events. Continue reading

How compliance tech is evolving in a distributed world (Premium)

July 24, 2019

cybersecurity, institutional crypto, MPC, regtech, topstory

As blockchain infrastructures reach production stages in financial services, security teams are figuring out how to integrate distributed systems with legacy structures. A key aspect of institutional-grade custody, for example,…

Lessons from gaming: Google’s Stadia and Microsoft’s xCloud show a potential fintech business model

July 22, 2019

Cloud, Fintech, Technology

Amazon, cloud, gaming, Google, Microsoft, Netflix, technology, topstory

Big tech firms have launched business models to become the Netflix of gaming. Instead of buying a game and playing it on a console at home, users would have a…

Cyber report: what’s happening for security in finance

July 9, 2019

artificial intelligence, blockchain, cybersecurity, quantum security, topstory

Data is a currency experiencing exponential growth, and cyber criminals are only too aware of it as the implementation of advanced technologies across industries creates “terrifying” new attack surfaces. Moreover,…

SecFinTech: GLMX is a repo platform speaking Google’s language (Premium)

June 27, 2019

Automation, Repo, Technology

electronic trading, GLMX, Repo, topstory

Repo electronic trading platform GLMX describes itself as a marriage between Wall Street executives and Silicon Valley technologists. We talked to Phil Buck, managing director of GLMX’s European arm about…

New report warns of skilled labor shortage in UK financial sector

June 24, 2019

Technology, UK

careers, Financial Services, skills, topstory

If Brexit wasn’t bad enough, a new report from the TheCityUK’s Financial Services Skills Taskforce, an industry association, warns of a “potentially existential” challenge to the UK’s financial services businesses:…

Alibaba’s CVaaS: machines advance in reading and writing code

June 23, 2019

AI, Alibaba, AutoML, Big Data, blockchain, Bynet Expo, cloud, computer vision, machine learning

Last week, we stopped by ICT event Bynet Expo in Tel Aviv to see what’s being said about the AI, big data and blockchain spaces. Alibaba’s “Computer Vision as a…

Fintech trends with implications for securities finance and collateral (Premium)

June 20, 2019

Collateral Management, Regulatory, Technology

Big Data, machine learning, Quantum Computing, standardization, topstory

The fintech space continues to grow at a rapid clip, with innovations in machine learning, standardization, big data and quantum computing. We review several recent trends for their potential impacts…

PanAgora: machine learning’s promise and pitfalls

June 18, 2019

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

Big Data, Technology

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

Big Data, Technology

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

Big Data, Technology

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, Custodians, Technology

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