As the new year got underway, some staff members at A-list financial services firms got pink slips instead of bonuses as more firms lay off staff — a result of rocky 2018 markets that have taken their toll on the bottom line. In particular, on the buy side, firms are reeling from investors’ preference for… Read More >>
Firms Are Moving Fast to Public Clouds: Survey
Much has been made about how financial services firms have heartily embraced private cloud computing but it appears that they are now ready to put their money where their mouth is as far as public clouds, according to the results of a survey conducted by Thomson Reuters. The Thomson Reuters global survey of senior IT… Read More >>
Q&A: Upgrade IT Systems Despite Furious Market Correction
(Editor’s note: Global financial markets have been rising and falling dramatically over the past two weeks and many industry observers say that markets are going through a correction/selloff. Ultimately, volatility returned to markets and many analysts say that it may become the new normal. “We suspect that the volatility will likely continue in both directions… Read More >>
Actiance & Relativity Partner to Bolster Legal & Regulatory Reviews
(Editor’s note: Actiance, a communications compliance, archiving, and analytics vendor, has just announced that it is working with Relativity, maker of eDiscovery offerings, on a way to integrate Actiance’s cloud-based content store Alcatraz with the Relativity platform, officials say. The integration to come will enable the companies to “export electronically stored information (ESI) from more… Read More >>
AI Applied to Unstructured Data Holds ‘Tremendous Potential’
(Editor’s note: The Boston-based indico Data Solutions offers machine learning algorithms for text and image analysis, which are then presented as web services. The goal is to automate “meaningful insight” from unstructured data that can be applied to sentiment analysis, social media monitoring, content filtering, content classification, recommendation, and personalization. FTF News spoke to Vishal… Read More >>
