Survival of the Fittest: Modernizing Capital Markets Infrastructure

https://tabbforum.com/opinions/survival-of-the-fittest-modernizing-capital-markets-infrastructure/

Monica SummervilleA common approach to data architecture in financial services has been to utilize a data technology stack comprising a collection of approaches – for example, historic data in a relational database, recent data in a columnar database, and real-time data in some sort of event processing software engine. To obtain a consolidated view, connections must be made directly to various systems; an approach that gets increasingly complex over time.

Algo Wheels: Best Execution, Workflow Solution, or Both?

https://tabbforum.com/opinions/algo-wheels-best-execution-workflow-solution-or-both/

Larry Tabb – Algo wheels help buy-side firms automate their algorithmic workflow and rationalize their usage of broker algorithms. The wheel not only simplifies the difficulty of allocating order flow to a specific broker, it also helps the buy-side trader ascertain the quality of the broker’s algos given differing liquidity patterns and trading situations. … When used for best execution a broker wheel pits similar algorithms against each other using A/B-type testing strategies. … Normalizing disparate algorithms to measure performance and ensure best execution are the algo wheel’s killer application. … But algo wheels don’t guarantee best execution by themselves. … As algo wheels gain traction, TABB Group sees buy-side firms supporting two different types of tools. The first set includes more generic algorithms that fit into an algo wheel, which will be used for more traditional VWAP, TWAP, IS, or dark accumulation strategies; and the second set contains those more customized algos that will be tailored to specific situations. … Increasingly, the buy-side trader’s job will be focused on ascertaining the appropriateness of using a wheel, and those times when a more specific and customized tool will provide a better outcome.

S&P Global Market Intelligence launches Textual Data Analytics through Xpressfeed

https://martechseries.com/analytics/data-management-platforms/sp-global-market-intelligence-launches-textual-data-analytics-xpressfeed/

S&P Global Market Intelligence announced the launch of Textual Data Analytics (TDA), a sophisticated new data offering which applies Natural Language Processing to generate sentiment scores and behavioral metrics based on company transcripts

Buy-Side Trend Watch: Harnessing Alpha With Innovation

https://tabbforum.com/opinions/buy-side-trend-watch-harnessing-alpha-with-innovation/

Wayne CurryBespoke dashboards that mingle internal and financial data, visualize ideas, and share the results across the firm can also enhance the scalability and productivity of the idea generation process. This strategy boosts capabilities and delivers transparency more efficiently.

Voice Trading and Beyond – The Future of Financial Trading Technology

https://tabbforum.com/opinions/voice-trading-and-beyond-the-future-of-financial-trading-technology/

Joseph Seroussi – Wematch aims to transform the traditionally voice-traded, interbank financial markets, working with our customers to enhance the way they work. We offer the technology and tools to cut costs, increase efficiency and reduce conduct risk for traders and their employers.

Robinhood is launching a new banking feature less than a year after blowing the launch of a similar product so bad Congress got involved

https://www.businessinsider.com/robinhood-cash-management-launch-congress-2019-10?amp%3Butm_medium=referral&utm_campaign=Feed%3A%2Bbusinessinsider%2B%28Business%2BInsider%29&utm_medium=feed&utm_source=feedburner

Dan DeFrancesco – With Cash Management, uninvested cash will be moved to program banks, which will offer insurance from the Federal Deposit Insurance Corp.