Temenos, a banking software company, has launched a SaaS Explainable AI (XAI) model to help fund administrators, insurers, asset managers, and custodians improve operational efficiency by leveraging static and transactional data patterns, coupled with human judgement and expertise.
Robotics & AI
The University of Derby has secured government funding for a new knowledge transfer partnership with Aquis Exchange based around machine learning, with the aim of enhancing Aquis' ability to monitor trading behaviour and identify abuses within financial markets.
Digital Reasoning, an artificial intelligence solutions provider, and Google Cloud have formed a global strategic partnership to help banks and other financial institutions leverage the global scale, reliability, and performance of the cloud.
Tremors before ‘The Big One’: ESG alt data firm details “breadcrumb trail” that warned investors of Wirecard downfall
ESG data warned investors of the “tremors” building up at German e-payments firm Wirecard that led to its eventual blow-up, says alt data firm Truvalue Labs in its latest report on the firm.
Matrix IDM, a solutions provider to asset owners and managers, has successfully integrated FinTech Studios Apollo.ai platform into the Matrix offering. Matrix users now have the enhanced ability to track all news relating to their portfolios across all asset classes including private equity.
Broadridge Financial Solutions has confirmed that its new AI-driven corporate bond trading platform, LTX, has executed its first trades.
Sentifi has launched new alternative data-based investment analytics from social media, news, and blogs to offer institutional investors real-time views of when market momentum is moving in an unexpected direction.
Large investment firms are tapping into natural language processing to build in-house automated solutions, according to a report published by text analytics company FinText.
Northern Trust has enhanced its Foreign Exchange (FX) currency management solutions with machine learning models designed to enable greater oversight of thousands of daily data points and help reduce risk throughout the currency management lifecycle.
Iceland, Austria, Egypt, Ghana, and Vietnam, have retained the most positive economic sentiment during the coronavirus pandemic, according to analysis of media, social media, trade union, and government data by technology company Truvalue Labs.