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.
Technology & software solutions
A new partnership between the Australian Bond Exchange and fintech firm Iress will enable Australian private investors, self-managed superannuation fund trustees, brokers, financial advisers, and other market participants to digitally invest directly in Australian bonds.
3K Investment Partners, a mutual funds company based in Athens, has selected Axia, the omni-channel investment management system by Profile Software, to address its fund and wealth management operations on a single platform supporting all of its investment activities in an fully automated environment.
RIMES, a data management and regtech provider, has launched a new dashboard to help asset managers quickly understand their exposure under the EU Benchmarks Regulation (BMR).
Independent equity research and execution firm Redburn has completed a successful proof of concept (PoC) using fintech provider Glue42 to integrate and synchronise key applications, sales intelligence and data for more efficient trade execution.
The Depository Trust & Clearing Corporation (DTCC), which provides market infrastructure for the global financial services industry, has unveiled plans to explore the benefits of digitalisation in the public and private markets and whether new technologies can strengthen post-trade processes and reduce risks and costs.
Trading Technologies has linked its TT platform to Esunny’s Chinese trading platform to provide global traders with access to Chinese derivatives markets.
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.
Trading Central has released a new sentiment analysis product, TC Crowd Insight, which uses natural language processing and proprietary new algorithms to scan thousands of industry news and social media sources published online every day to show how investors feel about a financial instrument.
Bloomberg has released major upgrades to Enterprise Access Point, the company’s ready-to-use data website, with a new self-service marketplace that empowers Data License clients to more easily discover, access, and immediately use content from both Bloomberg and third parties.