Big Data and other innovations are rapidly becoming new allies in the multiple fronts in the war on financial crime, says Gisselle Micheo, vice president of the Business Solutions Group (BSG) for the Americas at BAE Systems Applied Intelligence. BAE, known for its defense and security equipment offerings, is also focusing on helping firms deal… Read More >>
Kiltearn Partners Consolidates, Links Investment Data
Kiltearn Partners has implemented tighter integration with downstream systems and data sources to better leverage its investment data, says Stuart Gunderson, chief operating officer (COO) for the four-year-old Scottish investment firm. “Kiltearn was looking for ways to have better integration with other downstream systems and data sources, as well as having a consolidated source of… Read More >>
Vendors Start to Apply Big Data Techniques to Ops
Everyone seems to be talking about Big Data, but what are financial firms and vendors actually doing when it comes to this buzzword-cum-groundbreaking technology? Earlier this week, FTF News examined how Big Data is being used by the Ops sector of the financial services industry, broadly speaking. But what about specifics? While that piece noted… Read More >>
Big Data Takes Aim at Big Silos
While many financial services firms are making strides in using Big Data technologies to address front office concerns like pre-trade analytics and tailoring the customer experience, the use of Big Data is catching on much more slowly among middle- and back-office operations, industry observers say. However, as more firms begin to wake up to Big… Read More >>
Startup Strives to Relieve the Volcker Rule Burden
Kelvin To, founder and president of FinTech startup Data Boiler Technologies, makes a living bringing Big Data to bear on big problems in the financial services industry. But now he and his company are taking things to a whole new level, as they prepare to confront the controversial Volcker Rule head on. Earlier this week,… Read More >>
Using Big Data to Tackle the Volcker Rule
For Kelvin To, founder and president of fintech start-up Data Boiler Technologies, Big Data isn’t just a buzzword – it’s a way of life. That much is evident by the excitement in his voice when discussing the subject, as well as the lofty metaphors he employs to describe it. A recent blog post of his,… Read More >>
Can Big Data Help Ops with Risk’s New Demands?
Big Data made quite a splash across several industries, but its adoption in the financial services sector has been highly fragmented. Yet it’s becoming clear that Big Data offers some operational advantages as financial services firm adjust to the new regulation-driven regime of risk management, according to a new report by market research firm Celent,… Read More >>
Data Boiler Taps Goldman Sachs for CTO
Data Boiler Technologies reports that former Goldman Sachs Executive Director Homer Cheng has joined the firm as chief technology officer (CTO). At Goldman Sachs, Cheng, who is based in California, “managed business critical applications and was part of the global management team for investment banking technology,” according to a Data Boiler statement. “His areas of… Read More >>
Time for a New Way to Fight Fraudsters?
Every year, hackers and other financial criminals cost financial services firms billions of dollars in stolen revenue. While it’s unlikely financial fraud will be stomped out altogether any time soon, Tom Ryan, CEO of Argyle Data, believes his startup has found a way to offer firms a quantum leap forward in their preventative capabilities. By… Read More >>
Infosys Names General Counsel & Intends to Hire 2,100
Outsourcer Infosys has appointed industry veteran David D. Kennedy to serve as executive vice president and general counsel for the company and as executive officer of the company for the purposes of SEC Reporting, officials say. The company has also announced an effort to add 2,100 employees to its ranks, including many recent graduates and… Read More >>
