A-Team Insight Author: A-Team
The Pandemic’s Domino Effect on Bank Loan Data
By Tom Stock, Senior Vice President, GoldenSource. Lenders across the globe are bracing themselves for a plethora of defaults by business borrowers. One could say this is the calm before the real COVID-19 induced economic storm. While many businesses have been granted temporary reprieves via government loan support, this next wave has the potential to swiftly...
LIBOR is Ending – But Most Firms Aren’t Ready, Finds Numerix
The decommission of LIBOR is making a huge imprint on the global financial services sector. The transition from LIBOR to alternative reference rates could be the largest financial engineering project the world has ever seen. So what are financial institutions are doing to prepare for the switch to alternative reference rates, and how far along...
CSS’s Amfine Purchase Completes End-to-End Reporting Capability
New York-based Compliance Solutions Strategies’ (CSS) acquisition of Amfine, a European provider of SaaS-based reporting for investment managers, fills a gap in the firm’s regulatory reporting solution lineup and allows it for the first time to offer end-to-end compliance for fund managers and insurers. With the all-cash acquisition complete – terms weren’t disclosed – the...
Talking TradingTech with Andrew Delaney: Is FactSet’s Move to AWS a Market Data Nirvana?
FactSet’s announcement this week of its plan to migrate its real-time ticker plant to Amazon Web Services may represent the boldest statement of intent yet with respect to cloud delivery of market data. And things seem to be accelerating rapidly in this department. Recent weeks have seen SIX launch a strategic partnership with Xignite to...
FeedStock in Hiring Spree on the Back of AI Growth
The groundswell of interest in AI is certainly buttering the bread of some pioneer Fintech firms, which are now leveraging the momentum of 2020’s growing interest to expand their operations outwards. One of these is London-based AI-driven data analytics platform FeedStock, which this week announced two new hires in a bid to build out its...
S&P Global Market Intelligence to Distribute Data Through Snowflake Cloud
S&P Global Market Intelligence today confirmed a new collaboration with cloud data specialist Snowflake to deliver S&P Global’s financial, textual, ESG and alternative data through Snowflake’s cloud platform. In doing so, S&P Global becomes the latest major data provider to join Snowflake’s growing mandate (along with FactSet, who teamed up with the cloud provider back...
AI and its Impact on the Future of Regulatory Compliance
By Jordan Domash, General Manager, Relativity Trace. Over the last 10 years, the term artificial intelligence (AI) has turned into a dinner table conversation topic despite the fact that most people cannot accurately define what AI is even in simple terms or truly understand all the possibilities of the technology. AI doesn’t need to be...
Talking TradingTech with Andrew Delaney: What’s the Real Deal on AI & Ml for Trading?
My first brush with artificial intelligence was in 1988, when the publication I was working on – the now-legendary Trading Systems Technology (I only recently broke the mug…) – ran an item on how some big Japanese bank in New York had built an ‘intelligent’ buy/sell signal engine based on neural networks. Fast forward to...
ACA Compliance Pushes Ahead with Ambitious Expansion Plans
ACA Compliance Group (ACA), a provider of governance, risk, and compliance (GRC) advisory services and technology solutions, last month successfully secured $40 million in new funding from its existing investor group, led by Starr Investment Holdings (SIH), which acquired a controlling interest in ACA in 2018. The influx of cash looks likely to push ACA’s...
SmartStream Adds MiFID II Derivatives Component Ahead of September Deadline
SmartStream Technologies, the financial Reference Data Utility (RDU) solutions provider, has added derivatives to its Systematic Internaliser (SI) Registry service, to help clients meet the rapidly approaching MiFID II deadline of 15 September, 2020. The new service will allow trading counterparties to identify who is responsible for reporting trades in general, but also supports them through one of the most...