Financial technology is not being employed to its best effect, while the coronavirus financial relief effort is struggling. Banks need to innovate and work with fintechs if they are to ensure that the most vulnerable do not get left behind. Source: EUROMONEY At the start of the pandemic, banks scrambled to increase remote capacity to…
The EU bond market is moving closer to the establishment of a central database for the publishing of post-trade data, similar to that of the Trace platform in place for many years. Source: IFR News ICMA published a report recently on the establishment of an EU consolidated tape for bond markets, assessing the feasibility of…
One expected consequence of the Covid-19 crisis from a human and economic cost perspective, is that people will almost certainly expect and insist on greater resilience in the event of another crisis Source: GARP | Global Association of Risk Professionals The human and economic costs of the Covid-19 crisis are already enormous, and the final…
The global debt markets are complex, not least because of the multifaceted nature of securities: every product has its own maturity, redeemability and convertibility. This scale and level of complexity enables AI to unlock unique insights that can solve problems that were historically intractable. Source: ZD Net On a global scale, AI is expected to…
With the current market uncertainty, many companies are looking into AI to create efficiencies and save on costs. However, one particular area of the fixed-income market is not leveraging the vast potential for AI and data science-corporate bonds. Through utilizing AI, corporate bonds market could benefit from increased liquidity, greater capital efficiency, enhanced risk management,…
Real-time market data is still not consumed via the cloud – this market is clearly behind. Yet, 93% of market data professionals interviewed say they plan to use the cloud to manage their market data. See how you can harness live pricing and data aggregation with Overbond’s Sandbox Environment. Source: Daily Fintech Stock Exchanges are…
Demand for many issuer’s green bonds is higher than for its vanilla equivalents while the cost of funding is the same or lower according to a survey from the Climate Bonds Initiative. Nearly all respondents said their green bond attracted new investors. Source: MarketsMedia Demand for green bonds is higher than for their vanilla equivalents…
Investment in AI is rapidly growing as financial services organizations continue to see the value it offers. See how Overbond’s COBI analytics contributes in two areas that are seeing transformations: Investment analysis and algorithmic trading. Source: TechNative Artificial Intelligence and augmented analytics may, for some, be the driving force behind our current technological revolutions. Perhaps…
The future of trading and financial services will be a true merger of the best of both humans and machines, where investing and trading decisions leverage human intuition while data analysis and trade execution are automated and increasingly efficient. Source: Refinitiv The future of trading will be created by people and machines working together, not…
Banking, online shopping and social media are the future, but how many of the companies dominating these fields are Canadian? Source: Financial Post In the midst of any crisis, one of the most important lessons I’ve learned is that one always has a choice — you can either move forward in a new direction or…
With trading volumes for US corporate bonds up
