Latest Big data News: Finextra Research

Linux Foundation targets climate risk with open source platform

The Linux Foundation has announced plans to user AI-enhanced open source analytics and open data to tackle climate risk and opportunity.

01 September 2020

News/sustainable

Coordinating ESG solution ideation for investment and asset management

In June 2020, Finextra Research welcomed industry experts to Sustainable Finance Live, the first virtual interactive workshop to discuss how financial services firms and technology companies can achieve the UN’s Sustainable Development Goals (SDGs) by 2030.

27 July 2020

News/security

HSBC and ABN Amro Ventures join $64.7 million round in Quantexa

Financial crime fighting platform Quantexa has raised $64.7 million in funding with support from HSBC and ABN Amro Ventures.

23 July 2020

News/wholesale

UBS Big Data tool tracks the risks to companies from activist investors

UBS has released a new Big Data tool to predict and quantify the probability of a company being targeted by activist investors.

10 July 2020

News/cloud

Deutsche Bank and Google Cloud agree multi-year deal

German banking giant Deutsche Bank has agreed a multi-year partnership with Google Cloud for the provision and joint development of cloud services.

07 July 2020

News/sustainable

Barclays drives impact investing through digital marketplace

In the wake of Finextra Research’s SustainableFinanceLive event, Richard Peers of ResponsibleRisk spoke with Damian Payiatakis, head of impact investing at Barclays and David Newman, co-founder of software fintech Delio, to dissect their new impact investing platform, Impact Agora.

30 June 2020

News/startups

HSBC invests $7m in data privacy firm Privitar

HSBC has invested $7 million in Privitar, topping up a recent $80 million Series C funding round for the UK-based data privacy startup.

23 June 2020

News/sustainable

Integrating ESG into capital allocation and investment strategy is ‘simply good investing’

With wildfires, the Covid-19 pandemic, the strengthening Black Lives Matter movement and the Yemen crisis dominating headlines in 2020, the sustainable investing space has seen demand despite the IMF’s projection that global growth will fall by 3% this year, resulting in the worst recession since the Great Depression and consequences far worse than the global financial crisis.

19 June 2020

News/people

Santander to hire 3000 techies this year

Spanish banking giant Santander has vowed to hire 3000 IT professionals worldwide this year as it pushes on with its digital transformation plan.

12 June 2020

News/markets

HSBC launches AI-powered equity index family

HSBC has teamed up with IBM Watson and artificial intelligence specialist EquBot to launch equity index products powered by AI and big data.

01 June 2020

News/cloud

Using governance to accelerate cloud migration in financial services

Financial institutions have the opportunity to enhance traditional governance processes by building a well-structured cloud service assessment from the ground up, to help demonstrate regulatory compliance when moving to the cloud.

22 May 2020

News/payments

Visa invests in analytics outfit GoodData

Visa has made an investment in, and formed a strategic partnership with, analytics company GoodData. Details of the investment, made through Visa Ventures, were not disclosed.

21 May 2020

News/cloud

What does the future hold for a hybrid, multi-cloud future?

In the face of incessant economic volatility, political challenges and being compelled to execute continuous, complex technological adjustments, the financial services industry must acknowledge that the cloud will frame the future.

15 May 2020

News/security

Trust remains integral to acceptance of AI by UK consumers

In response to the European Commission’s strategy for data released in February, Vikram Khurana, senior associate, Bristows LLC argues that “The EC is saying trust needs to be the bedrock of AI. If the industry can tackle this issue and build trustworthy AI systems, AI is more likely to be accepted and taken up by businesses and individuals.”

29 April 2020

News/sustainable

Antony Jenkins on sustainability: ‘You can’t please everyone’

In conversation with Finextra TV, Antony Jenkins, founder and executive chairman of 10x Future Technologies and former Barclays CEO, highlights that the single most important factor in the push toward sustainability is transparency.

27 April 2020

News/startups

JP Morgan invests in cash management startup Trovata

Trovata, a US startup specialising in automating cash reporting and forecasting through wholesale, multi-bank API data aggregation, has scored $4.3 million in funding led by JP Morgan.

23 April 2020

News/startups

ABN Amro joins $80m Privitar funding round

UK-based data privacy startup Privitar has raised $80 million in a Series C funding round led by Warburg Pincus and joined by ABN AMro Ventures.

06 April 2020

News/sustainable

LSE sustainable business head: ESG is the highest priority for large investors

David Harris, group head of sustainable business of the London Stock Exchange, spoke to Finextra TV about how he works to integrate sustainable finance across the capabilities of the group by considering the flow of data from issuers through to investors and the capabilities needed to support both and ultimately, the entire market.

06 April 2020

News/retail

VTB Bank and Rostelcom create Big Data joint venture company

Russia's VTB Bank and Rostelcom have invested $12.6 million to create a joint venture which will focus on development and monetisation of products based on Big Data processing, including artificial intelligence and machine learning technologies.

01 April 2020

News/wholesale

HSBC to use third party data to approve rapid loans for Alibaba merchants

HSBC has forged a partnership with Chinese logistics firm Cainiao to offer fast trade finance loans to online merchants using Alibaba's Tmall platform in Hong Kong.

20 March 2020