Latest Big data News: Finextra Research

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

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

News/Big data

Asset managers failing to adapt to digital world

Less than half of global asset managers and asset owners think that they are adapting technology quickly enough to support their business growth needs, according to a survey from State Street.

27 June 2017

Company update/Big data

Big data outfit Quantexa sets up shop in Sydney

Quantexa, the disruptive big data and analytics company backed by HSBC and Albion Ventures, has furthered its international expansion by opening a new office in Sydney, Australia.

26 June 2017

Company update/Big data

Former Citicorp CIO Sharma joins Singapore's Latize

Latize, a Singapore based data startup, is taking aim at the global financial services sector.

08 June 2017

Company update/Big data

Polish lending startup FinAi raises EUR1.1m

Poland based fintech FinAi which is currently developing a lending platform has raised €1,1M in the seed round. Backing comes from a newly started Polish VC – FIDIASZ, belonging to Krzysztof Domarecki - founder of Selena Group. The investment is probably the largest at this stage on the Polish market.

01 June 2017

Company update/Big data

TickSmith releases open source Python API

TickSmith, a leader in Big Data applications, released an open-source Python API feature to obtain data from its flagship TickVault big data platform.

24 May 2017

Company update/Big data

Nasdaq Analytics Hub launches

Nasdaq (Nasdaq:NDAQ), a leading provider of real-time market data and analytics to financial professionals and retail investors globally, today announced the launch of the “Nasdaq Analytics Hub,” a new platform that provides the buy side with investment signals that are derived from structured and unstructured data, and unique to Nasdaq.

16 May 2017

News/Big data

CIBC opens Waterloo data lab

The Canadian Imperial Bank of Commerce (CIBC) is backing a new data hub in the city of Waterloo, posting a team of data scientists at the spot to work with local students and fintech startups.

12 May 2017

News/Big data

Palantir pays $1.66m to settle hiring discrimination suit

Palantir Technologies, a Peter Thiel-founded big data outfit which claims the SEC among its clients, will pay $1.66 million to settle a US government complaint that it discriminated against Asian job applicants.

26 April 2017

News/Big data

Swift Business Forum, London - live blog

Welcome to Finextra's live coverage of the Swift Business Forum in London. This year’s conference will focus on the key issues affecting the financial industry, particularly as they impact UK and global markets. In an ever-increasing ‘instant’ world, the agenda will look at how financial institutions can stay resilient and secure, while continuing to innovate and navigate change.

25 April 2017

News/Big data

Bank of England accelerator to tackle Big Data and privacy in distributed ledgers

The Bank of England is inviting applications for its latest accelerator project with an emphasis on conducting proofs of concept around machine learning and privacy in distributed ledgers.

19 April 2017