(Bloomberg recently launched a service — Digital Asset Exposure Analytics — that provides views into direct and indirect digital asset exposure for spot currencies, futures, options, and equity tickers for companies engaged in crypto activities and funds holding these assets. The new service is intended to help firms such as asset managers, discern whether crypto… Read More >>
SimCorp & Intellibonds Aim A.I. at Portfolio Construction
Investment management systems vendor SimCorp and fixed income analytics specialist IntelliBonds are partnering to offer front-office portfolio management teams alpha generation capabilities that exploit cutting-edge technologies and offer a path to system consolidation, officials say. The partnership will integrate cloud-based workflows that are augmented by artificial intelligence (A.I.) technologies as the way to bolster productivity… Read More >>
Deutsche Bank Sells Postbank Systems to TCS
Sale Underscores Deutsche Bank’s Transformation Deutsche Bank is selling Postbank Systems AG to outsourcing giant Tata Consultancy Services (TCS), a key milestone in the bank’s efforts to streamline operations and transform itself. “Under the terms of the transaction, TCS will acquire 100 percent of the shares of Postbank Systems AG from Deutsche Bank AG,” according… Read More >>
BMLL Launches Analytics App via OpenFin
A data and analytics vendor BMLL Technologies has launched a desktop application, Derived Data, to offer buy-side end-users access to market metrics created from Level 3 order book data that can be applied to portfolio management. The new analytics application has been designed for the OpenFin operating system, which facilitates desktop interoperability among financial services… Read More >>
Money Laundering Analysis Needs AI & ML: Q&A
(Editor’s note: False positives are a problem for financial services firms implementing know your customer (KYC) and anti-money laundering (AML) systems, says Arin Ray, a senior analyst with the Securities and Investments practice of market research firm Celent, a division of Oliver Wyman. Ray is the author of the recent Celent report, “Applying Advanced Analytics… Read More >>
Data’s Value Drives Acquisitions by ION & Liquidnet
Whatever IT disruptions are ahead, it’s clear that data, analytics and research are going to play key roles and are still top priorities as evidenced by two acquisitions announced on May 13. ION Investment Group has purchased for an undisclosed amount a controlling stake in Acuris, a provider of proprietary financial intelligence, data and analytics…. Read More >>
Asset Managers Must Disrupt Hiring Practices: Report
The disruptions rocking the securities industry — fee compression and consolidation, artificial intelligence, big data, analytics and social media — are rippling through the asset management sector and compelling many to reconsider hiring practices for core business functions. This is according to a report from Greenwich Associates, “Top Asset Management Talent Will Need to Evolve…… Read More >>
SS&C Adds Key Tools to Geneva & Black Diamond Systems
SS&C Targets Key Client Bases with Expanded Offerings Investment systems, software and services vendor SS&C Technologies has launched an exception management and workflow solution for the Geneva platform that includes exception query tools, workflow configuration, an exception dashboard, a manager dashboard, and task management tools, officials say. The new offering got its official unveiling at… Read More >>
Hearsay Bolsters Platform with Predictive Analytics
Hearsay Systems says it has bolstered the Hearsay 360 client engagement solution for financial advisors with predictive analytics, intended to help financial services firms speed up compliance reviews and improve workflows. The new features and functions have been inspired by the work of Hearsay’s data science staff, officials say. The goal was to provide compliance… Read More >>
FINCAD Debuts Web App for F3 System
FINCAD, a valuation and risk analytics vendor for derivatives portfolios, has added a web-based portfolio analytics and risk application to its F3 offering in an effort provide a more straightforward interface and improved usability, officials say. The FINCAD F3 with the new F3 WorkStation is being targeted at quants, portfolio managers, traders, and risk managers… Read More >>
