Finextra Research: Latest fintech news, analysis, interviews, features and opinion by industry experts

Big data and software robots crunch compliance costs for Credit Suisse

Credit Suisse says that a new big data platform and the intelligent deployment of software robots is reversing years of rising compliance costs.

01 December 2017

Company update/Big data

Quebec regulator appoints Moad Fahmi director, fintech and innovation

The Autorité des marchés financiers (the "AMF") is pleased to announce the appointment of Moad Fahmi to the new position of Director, Fintech and Innovation.

22 November 2017

News/Big data

Boardroom ignorance holding back bank's tech plans

Bank's IT departments are unable to pursue innovation with the latest digital technologies because they have lost influence in the boardroom with senior managers that do not properly understand new technology.

16 November 2017

News/Big data

Singapore offers $20m grant for banks' AI and data projects

Singapore has stepped up its fintech ambitions with the offer of a S$27m ($19.91m) grant to promote the further use of artificial intelligence and data analytics in the financial services market.

15 November 2017

News/Big data

NAB goes on tech hiring spree

As it kicks off a three-year programme designed to simplify the bank and reshape its workforce for the digital age, Australia's NAB is promising to immediately hire 600 technology specialists in the areas of software engineering, data, architecture and security.

10 November 2017

Company update/Big data

Credit Suisse kickstarts AI-based stockpicking

Credit Suisse announced today the launch of the Credit Suisse RavenPack Artificial Intelligence Sentiment (AIS) Index, a result of its collaboration with RavenPack to create quantitative investment strategies from news analyses leveraging RavenPack's artificial intelligence algorithms.

30 October 2017

Company update/Big data

Advanced Logic Analytics appoints Ryan Shuttleworth as CTO

Advanced Logic Analytics (ALA), a provider of finance and trading analytics solutions for buy- and sell-side institutions and other financial firms, is delighted to announce the appointment of Ryan Shuttleworth as Chief Technology Officer.

24 October 2017

News/Big data

Sibos 2017: How to profit from the data goldrush

The billion dollar question at today's Sibos Future of Money session: Who is going to be able to successfully extract the gold from the data mine and become the Amazon of the financial services world?

18 October 2017

Company update/Big data

FNA ships Graph Analytics Platform

Today, FNA is officially launching the first Graph Analytics Platform for Financial Institutions.

18 October 2017

News/Big data

Thomson Reuters commits $100m to Toronto technology centre

A year on from its launch, Thomson Reuters is doubling down on its Toronto technology centre, committing another US$100 million to the project, which will eventually be home to 1500 staffers working on areas such as cloud computing, big data and AI.

12 October 2017

News/Big data

Aviva succumbs to allure of robo-advice with Wealthify purchase

UK insurer Aviva has acquired a majority stake in a startup robo-adviser for an undisclosed sum.

05 October 2017

News/Big data

BBVA uses big data to redraw city maps

BBVA is using commercial card data to redraw the maps of urban areas based on the purchasing patterns and movements of consumers as they criss-cross the city landscape.

26 September 2017

Company update/Big data

RavenPack opens big data analytics platform to fundamental investors

RavenPack, the leading provider of big data analytics to financial institutions, today launched a new service to create trading signals from big data including the web, news, social media, regulatory filings, and more.

20 September 2017

Company update/Big data

Veezoo to run AI proof-of-concept trial with AXA

Veezoo , a conversational Artificial Intelligence technology that enables users to understand their company’s data, has partnered with AXA Winterthur for a three months Proof of Concept (PoC) beginning July 2017.

11 September 2017

Company update/Big data

Geospatial Insight raises funding for its global expansion

Geospatial Insight, the UK's leading independent visual intelligence provider, announced today a Series A growth equity investment led by venture capital firm, VenturesOne.

05 September 2017

News/Big data

China Citic and Baidu to rely on AI for joint venture bank

Internet search giant Baidu and China Citic Bank have received regulatory approval to launch a direct banking joint venture offering loans and deposit accounts to Chinese consumers.

22 August 2017

Finextra TV/Big data

Automation leads the way in expense compliance

Chris Baker, Managing Director, EMEA North & South Africa, Concur, speaks at the SAP Financial Services Forum about developments in expense compliance and the role automation plays in end to end management solutions and quantifying value in terms of cost and policy compliance.

08 August 2017

News/Big data

Citi taps into Cornell Tech talent

Citi is teaming up with Cornell University, leasing space at the Ivy League school's engineering campus in order to engage with students and faculty on areas such as blockchain and machine learning.

24 July 2017

News/Big data

Thomson Reuters launches startup incubator

Thomson Reuters is opening an incubator in Switzerland, giving startups working in areas such as big data, analytics, AI and distributed ledgers access to its famed data and content sets.

06 July 2017

Company update/Big data

Citi rolls out online platform for custody and fund services

Citi announces the rollout of Citi Velocity Clarity, a comprehensive data and analytics platform using Big Data technology delivered through an integrated suite of advanced online functionalities.

29 June 2017