Latest Commentary

HFT, correlated markets fuel interest in optimal trade scheduling

To compete in fast-paced markets, traders often not only employ algorithmic trading strategies, but use algorithmic tools to calculate how well their algorithms are performing. Trading solutions vendors say they are seeing increasing interest in tools that alert traders throughout the day to market conditions that may warrant making adjustments to algorithms or even switching to different algorithms altogether before markets close.

Big data analytics may drive growth of mobile phone recording

Big data analytics may be spurring increased uptake of mobile phone monitoring at brokerage firms, as firms are increasingly discussing the two types of technologies hand in hand.

 

Fiduciary rules for financial advisors would spur tech spending

A proposal that would require brokers offering retirement advice to adhere to fiduciary standards would be a sea change for the financial industry, requiring increased spending on compliance and record-keeping technology, both supporters and critics say. Where opposing sides of the proposed rules disagree is on how much or even whether investors stand to benefit.

Santander is third bank to agree to ease screening of new account applicants

Santander N.A. became the third bank to agree to loosen applicant screening for new account openings, and reports suggest more agreements will likely be forthcoming. The agreements forged with NY Attorney General Eric Schneiderman's office come as the attorney general has been investigating whether overly strict use of applicant screening technology unfairly denies low-income applicants banking services for relatively minor infractions.

Looking back on the first year of SEF trading through end-of-year data

In 2014, the made available-to-trade deadline served as an official starting gun, kicking off electronic trading on newly-minted electronic swaps execution facilities in an industry where trading has historically been transacted bilaterally. Along with the new SEF trading came data about the transactions that occurred on them, granting more insight into a previously shrouded market.

IBM and Softbank's artificial intelligence alliance may have banking implications

A newly announced partnership between Japanese Softbank and IBM aims to build artificial intelligence to new levels, even introducing IBM's Watson to Softbank's robot Pepper. But first, IBM's Watson will have to learn Japanese.

 

Fidelity's eMoney acquisition shows growing influence of digital solutions

In announcing its agreement to acquire wealth planning software company eMoney Advisor on Monday, Fidelity Investments clearly articulated that technology is central to its strategy for serving customers.

 

FX fallout continues

Boston Prime, a U.K. Financial Conduct Authority-registered prime brokerage, and BT Prime, a Bermuda-licensed prime broker and institutional liquidity provider, both announced they have ceased all...

Pentagon-level IT security lessons for the financial industry

When government budgets were trimmed in recent years, many governmental departments took a new approach to IT security.

 

Battle lines form over Dodd-Frank, Volcker rule

The White House said this week it would veto legislation currently in the U.S. House of Representatives that would scale back the Volcker rule. The legislation and the threat to veto it are the latest indications that the battles over Dodd-Frank, the Volcker rule and other financial reform legislation will become increasingly intense in the coming year, with opponents fighting to dismantle it and proponents fighting just as hard to preserve it.