Artificial intelligence is enabling organisations to be more proactive in their approach to cyber threats. Work environments with greater levels of remote access could be deemed more vulnerable, but the element of automation in identifying and remediating potentially malicious behaviour provides a superior measure of security.
Technology & software solutions
By A Paris – Hedge funds and alternative asset managers are responsible for over USD3 trillion in assets under management – many bright shiny diamonds for cyber criminals to pursue. Increased levels of remote access propelled by the Covid-19 pandemic are making these organisations even riper targets. So, in this environment, the cost of inaction or complacency around cybersecurity continues to mount.
Glue42 and Leading Point Financial Markets are partnering to provide a 'next-generation' trading desktop experience.
SteelEye, a compliance technology and data analytics firm, has announced the general released of its new Auto-Trade Reconstruction technology, which reduces the time it takes for a firm to reconstruct a trade from days to seconds.
Exchange technology specialist Exberry is partnering with Digital Asset, the creators of the open source DAML smart contract language, to launch an end-to-end digital exchange infrastructure.
Privately owned hedge fund sponsor Fir Tree Partners, has selected Arcesium’s fully integrated technology platform and services solution to support its operational model.
Fund Recs to supply Transfer Agency Bank Rec Solution for SuMi TRUST IMR reconciliations & reporting
Fund Recs' Transfer Agency bank reconciliation module has been selected by SuMi TRUST for its fund services business in Ireland.
Pico, a provider of technology services for the financial markets community, has launched a new managed colocation facility at Chunghwa Telecom’s CHT Taipei IDC in Banqiao, New Taipei City.
Project One, a 'next generation' AI-powered hedge fund has set it sights on generating returns similar to Renaissance Terchnologies' fabled Medallion fund, the granddaddy of quant funds.
Global multi-asset execution, clearing and liquidity provider Sucden Financeial has become a Principal on the BierbaumPro trading platform, branded as NTpro in Russia.