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Cloud Data Protection Specialist Clumio Teams up with Microsoft 365
Clumio, a California-based cloud-security start-up focusing on software-as-a-service (SaaS) for enterprise backup, has added Microsoft 365 to its secure backup-as-a-service, providing organisations running Microsoft 365 with a globally consolidated data protection service as the global coronavirus pandemic sees a rapid increase in ransomware attacks and email scams. The two-year old company, which in December 2019…
HESTA Selects GoldenSource Nexus to Overhaul Investment Data Management
HESTA, a top 20 Australian superannuation fund serving over 860,000 members, has gone live with the GoldenSource Nexus investment data management platform from EDM specialist GoldenSource. The fund is using the platform as the hub for its strategic investment data transformation programme, with the infrastructure supported by GoldenSource OnDemand hosting and applications services. The new…
Bloomberg Upgrades Enterprise Access Point to Enhance Data Efficiency
Bloomberg has announced major upgrades to its Enterprise Access Point, the firm’s ready-to-use data website, in order to make data more accessible, discoverable and self-service, as well as simplify data integration. A new self-service marketplace allows clients to access Data License content with click to purchase functionality, while the Dataset Creator offers a new tool…
New Managed Data Service from Bloomberg Opens up Enterprise-Wide Access
Bloomberg has launched a new managed service, Data License Plus (DL+), to aggregate a client’s Bloomberg data into a single dataset, enabling users to explore and interact with it through a web-based user interface. The new service aims to make DL data easier to access throughout the enterprise, while reducing the need for data processing….
Ones and Zeros: How Asset Managers Can be Digital Transformation Heroes
By Phil Davies, CTO of Milestone Group. The pace of digital transformation in asset management has been referred to as glacial. However, this new decade comes at an inflection point – over the past couple of years, the discussion has picked up considerably with firms finally embracing the digital ecosystem. People have built up both confidence…
Covid-19: The Importance of a Centralised Book of Records for Accurate Stress-Testing
By Joseph Cordahi, Product Strategy Director at NeoXam. Stress-testing has become a common tool of regulators and central banks to assess the readiness of banks to deal with sudden volatility in global markets. With Wall Street suffering its worst day since the 1980’s in March, and Covid-driven volatility set to grip the global economy for…
Finantix Launches New Digital Hub
Wealth management tech provider Finantix this week launched its latest Digital Collaboration Hub, through which firms can establish a one-stop collaboration channel featuring virtual private lounges to support client activities such as market updates and investment advisory support, onboarding and origination workflow driven processes. It is available via a fast-track deployment approach hosted on the…
Boosted.ai Raises $8 Million in Series A Funding
Boosted.ai, a distributed machine learning platform for investment managers, has closed an $8 million USD Series A financing round, led by Portag3 Ventures. Dunamu & Partners and Polar Equity Partners also participated in the round. Inclusive of seed capital, Boosted.ai’s total funding now stands at $11 million. Boosted.ai will use the funding to enhance Boosted…
Arria NLG Collaborates with BNY Mellon on Natural Language Technology
Arria NLG, a New York-based provider of Natural Language Generation (NLG) technology, has entered into a collaboration with BNY Mellon to help asset managers and asset owners transform their data into actionable analytics. Arria’s NLG capability, a form of artificial intelligence, is based on advanced computational linguistics and algorithms, which can automatically and instantly turn…
NatWest Markets Chooses Dataiku’s Data Science and Machine Learning Platform
Dataiku, an enterprise AI and machine learning platform headquartered in New York, has entered into a partnership with NatWest Markets, the investment banking arm of The Royal Bank of Scotland Group. Under the agreement, Dataiku will provide NatWest Markets with self-service analytics and automated machine learning. NatWest Markets has already developed digital self-service applications covering…