algorithms

Banks Look to Step Up Employee Surveillance After Latest Scandal

Banks Look to Step Up Employee Surveillance After Latest Scandal

Lenders asked International Business Machines Corp. if it were possible to use the technology to also watch retail-banking salespeople, loan officers and other workers, according to Marc Andrews, a manager on the company’s Watson financial services team. Several of the biggest U.S. banks, as well as some regional banks, are testing the software, Andrews said. »

Implementation Of MiFID II Testing Requirements

Implementation Of MiFID II Testing Requirements

Article by Matthias Burghardt, Head of Xitaro Exchange System Development, Boerse Stuttgart Boerse Stuttgart is approaching the last quarter of a two-year Markets in Financial Instruments Directive (MiFID) II project which is dominated by development and testing activities. MiFID II requires trading venues and investment firms to implement substantial changes in existing processes and technology. »

Artificial intelligence drives new thinking on patent rights

Artificial intelligence drives new thinking on patent rights

A new paradigm will shake up the IP landscape, as cognitive activities once performed by humans will now increasingly be performed by machines. Artificial intelligence and machine learning (collectively AI) are hot topics in almost every industry, affecting everything from robotics, autonomous vehicles, and consumer devices to health and pharmaceutical technologies. AI is being used »

Velocimetrics launches market data recording service for algo testing

London-based provider of trading analytics technology, Velocimetrics, has announced the launch of its mdPlay service, allowing market participants to record and store market data in real time. The data is recorded using a server that sits in the firm’s data centre. The data can then be re-used to test trading algorithms. The firm says the »

Danish and Dutch market supervisors take the heat off algos

Since the “Flash Crash” of May 2010 regulators have been concerned to establish just how dangerous algorithmic trading, and in particular high-frequency algorithmic trading, might be. For example, can algorithms used by one firm be provoked by antagonistic algorithms used by another firm into panic selling? Under MiFID II, which comes into force in January »

Grant-Passmore-Aesthetic-Integration

Video interview: Grant Passmore, AI

The advanced mathematical technique of formal integration can be used to test the soundness of complex financial marketplaces, such as dark pool trading venues. In this interview, Grant Passmore guides from the work of Gödel and Turing to the first practical applications of formal verification in the computer industry and on to the application of formal verification to the »

Are regulators right to focus on robo-investing risks?

BlackRock, Vanguard, Fidelity and other leading names in fund management have been buying robo-investment platforms, or starting their own. Industry watchers have been predicting a “race to the bottom” as fees are cut to persuade customers to sign up. Especially in Europe, where the robo platforms have been charging higher fees than their US counterparts. »