Post-trade services and systems provider Broadridge Financial Solutions has integrated an advanced analytics feature into its OpsGPT application that is intended to help broker-dealers and banks retrieve actionable insights quickly minus the complexity of traditional reporting tools, officials say. Applying A.I.-based technologies to established securities operations systems is happening in fits and starts and not… Read More >>
SEC Wants to Rein In Predictive Analytics
The SEC has approved a proposal that attempts to control firms’ usage of predictive data analytics and it has opened a new rift as key commissioners say the regulator is overreaching and preventing investors from benefitting from new technology all in the name of preventing firms from putting their interests first. The new rules under consideration, which… Read More >>
Can New Technologies Fix Old Ops Woes?
Cutting-edge, disruptive technologies — especially those that exploit advances in artificial intelligence — have captured the attention of securities trading firms. But turning the hype into useful ways to counter ongoing Ops problems remains a challenge for many firms. So, to help firms come to grips with machine learning (ML), robotics, natural language processing (NLP), regulatory… Read More >>
IPC Collaborates with Digital Reasoning & OpenFin
IPC, a trading communication and networking solutions vendor, is working with two cutting-edge technology providers — Digital Reasoning and OpenFin — in an effort to help financial services firms take steps to update legacy IT infrastructures and improve their productivity. The latest collaboration is with Digital Reasoning, an artificial intelligence (A.I.) solutions provider. The new… Read More >>
Bad Data Impedes Machine Learning’s Progress: Survey
Bad data is hampering the progress of machine learning (ML), a subset of artificial intelligence, as it gains ground at financial services firms, particularly the buy side, according to the findings of an inaugural AI/ML survey from Refinitiv, the vendor created from the former data and risk group of Thomson-Reuters. The survey report, “Smarter Humans…. Read More >>
Firms to Boost Alternative Data Budgets by 240%
A new survey finds that a sizable number of asset managers that are exploring alternative data sources and advanced analytics capabilities plan to increase their investment in this area by 240 percent over the next three years. This new journey for many firms involves the exploration of machine learning (ML), natural language processing (NLP), and… Read More >>
