Financial Services

Ireland to Create a €5m Technology Centre in Cork

Barry Roche of the Irish Times recently wrote, “Taoiseach [the Irish term for ‘Prime Minister’] Enda Kenny will today launch a €5 million technology centre in Cork designed to create new business opportunities for Irish financial services and technology companies through addressing governance and compliance issues.”

What’s Next In Knowledge-Driven Finance?

by Jennifer Zaino Next week in the U. K. members of the financial industry will be coming together at The Universal Strategy: Knowledge-Driven Finance Event, hosted by semantic technology vendor Ontotext. The event, says independent consultant in semantics and event organizer Jarred McGinnis, is aimed at giving participants “a snout to tail view of semantics…

Digital Reasoning Takes On Early Risk Detection For Compliance- And Security-Sensitive Sectors

by Jennifer Zaino Digital Reasoning’s Synthesys machine learning platform (which The Semantic Web Blog initially covered here) this summer should see its Version 3.9 release. The update will build on the 3.8 release, which delivered with its Glance user interface the discovery and investigative capabilities that help information analysts in finance, intelligence and other compliance- and…

AlphaSense’s Advanced Linguistics Search Engine Could Buy Back Time For Financial Analysts To Do More In-Depth Research

by Jennifer Zaino When Raj Neervannan, CTO and co-founder of financial search engine company AlphaSense, thinks about search, he thinks about it “as a killer app that is only growing…..People want answers, not noise. They want to ask more intelligent questions and get to the next level of computer-aided intelligence.” For AlphaSense’s customers – analysts…

Big Data Challenges In Banking And Securities

by Jennifer Zaino A new report from the Securities Technology Analysis Center (STAC), Big Data Cases in Banking and Securities, looks to understand big data challenges specific to banking by studying 16 projects at 10 of the top global investment and retail banks. According to the report, about half the cases involved e petabyte or…

Financial Execs Worry About Data Lineage; Triple Stores Can Calm Fears

  by Jennifer Zaino The Aite Group, which provides research and consulting services to the international financial services market, spends its fair share of time exploring the data and analytics challenges the industry faces. Senior analyst Virginie O’Shea commented on many of them during a webinar this week sponsored by enterprise NoSQL vendor MarkLogic. Dealing…