Buy-side firms once reluctant to embrace cloud computing are apparently changing course as two-thirds of those responding to a recent survey intend to use the services of public cloud providers over the next five years. The survey and research from Boston-based Sapient Consulting also focuses on other emerging technologies that are disrupting how the buy… Read More >>
Are Robots the Key to Full Automation for Post-Trade Ops?
(Editor’s note: Banks and other financial services firms are adopting more robotic process automation (RPA) solutions because they are helping firms move beyond inefficient and outdated manual systems, says Nick Fry, a London-based director with Sapient Global Markets who is also the lead post-trade subject matter expert for the consultancy. RPA involves the application of… Read More >>
FTF Awards Spotlights Ops Providers and Individuals
Financial Technologies Forum (FTF), owner of FTF News, has just announced the winners of the 2016 FTF News Technology Innovation Awards, noting that it had a record-breaking response with approximately 27,000 votes cast for 25 awards categories. Except for the Editor’s Choice award, the nominees and ultimate winners of the awards are selected by FTF… Read More >>
PIMCO Adds Distressed Credit EVP
Pimco Hires from Bayside Capital Pimco, the Newport Beach, Calif.-based investment management firm, reports that it has hired Lionel Laurant as an executive vice president and portfolio manager focusing on distressed credit strategies. He will be based in the London office, reporting to Marc Seidner, managing director and chief investment officer — non-traditional strategies. Laurent… Read More >>
Xenomorph Links to S&P Data as Omgeo Takes on Collateral Ops
Xenomorph Builds Connector to S&P Data Data analytics and management systems provider Xenomorph has built a connector between its TimeScape platform and S&P Capital IQ’s data offerings that officials at both vendors say might lead to productivity improvements in operations due to higher data quality.The new link will provide an integrated platform for market, reference… Read More >>
