A-Team Insight Author: sharon
Clearpool Aims to Democratise Electronic Trading with Algo Management System
Clearpool, a New York based provider of electronic trading solutions, is building out technology designed to democratise electronic trading through the provision of transparency, trust and control. The company’s flagship product is Algorithmic Management System (AMS), which allows all brokers, large and small, to access algorithms that can help them compete on a level playing...
FSB To Focus on RegTech in 2020
International financial services regulator the Financial Stability Board (FSB) has made a commitment to address the use of RegTech and SupTech (supervisory technology) in its 2020 work programme, released this week. The watchdog will continue to monitor financial innovation developments and assess their potential implications for financial stability. Complementing the recent report on BigTech in...
genesis Plans Further Development of Low-code Application Platform with Second Funding Round
genesis, provider of a low-code application platform built for capital markets, has closed a second funding round of $1.8 million. The funding will be invested in further development of the platform’s core technology, sales and marketing, with the aim of positioning genesis as a leading low-code platform for capital markets software development. The company has...
Data Visualisation – the Challenges and Opportunities
Data visualisation is a highly desirable tool for many participants in capital markets. It has the potential to aid decision making and add value, signpost new products and business opportunities, and provide the insight necessary to mitigate risk. It also presents challenges, particularly around data quality and legacy technology, although developments over the past couple...
Network Resilience in Financial Services – Why it Matters and How Firms Can Achieve it
By Alan Stewart-Brown, vice president EMEA, Opengear Firms across the financial services sector are increasingly reliant on IT networks to deliver core services, but this can leave them vulnerable to rapidly escalating security threats. Hacking software is widely available and threats from social engineering, phishing, and malware attacks are an ever-present reality. To alleviate the...
BNY Mellon Adds SimCorp Dimension to Buy-side Open Architecture Platform
BNY Mellon’s recent partnership with SimCorp to connect the bank’s custody capabilities with SimCorp’s Dimension investment management solution plays well into the bank’s goal of offering an open architecture that will transform investment management models by easing integration, increasing transparency and streamlining data delivery across the investment lifecycle. The bank started to build an open...
Expert Group Urges EU Regulatory Reform to Encourage Fintech Innovation
The European Commission Expert Group on Regulatory Obstacles to Financial Innovation has published its long-awaited report on how to improve and strengthen the regional FinTech landscape and encourage greater investment and innovation, along with ending regulatory fragmentation and establishing a more robust regulatory framework. Made up of industry experts, financial institutions, academics and lawyers,...
Managed Data Services Take Data Management to the Next Level
Adoption of managed data services – or data-as-a-service – is picking up pace as financial services firms face increasing business complexity and the need to be more agile, yet have frozen or reduced data management budgets. With pressure on data management teams to deliver data hungry initiatives, manage new rules and regulations, and integrate innovative...
Industry Demands Clarity Over 5AML
With less than a month to go before the fifth EU anti-money-laundering (5AML) rule comes into force, serious concerns are being raised regarding the lack of direction from the UK Government – with no final regulation yet transposed into national law. In an open letter to the Chancellor of the Exchequer, SmartSearch CEO John Dobson...
Asset Managers Let Down by Ineffective Data Management Systems
Asset managers already challenged by regulatory compliance and ongoing pressure on fees are being let down by data management and processes that are not very effective at supporting business and operational decision making. According to recent research commissioned by Asset Control, more than two thirds (69%) of asset managers claim their systems are not very...