The increasing use of artificial intelligence and machine learning systems among buy-side firms is in danger of creating a hype bubble – The TRADE examines where asset managers are currently using these technologies to optimise their trading strategies and what pitfalls firms must avoid to (eventually) foster a harmonious trading between man and machine.
Andrew Stephens was with BlackRock for 19 years, most recently as head of UK institutional client business.
BlackRock's Supurna VedBrat also highlighted the important of talent management as the fixed income ecosystem evolves.
Dan Veiner from BlackRock tells delegates at the Fixed Income Leaders Summit in Philadelphia that relationships with the sell-side remain important to the buy-side.
Dan Veiner, global head of fixed income trading at BlackRock, talks to The TRADE about how the world’s largest asset manager is approaching new technology advancements and where the fixed income markets need further innovation.
Building a flexible, diverse skill set on the trading desk is essential to adapting to evolving market conditions and growing at scale says Supurna VedBrat.
BNY Mellon plans to deliver real-time trade data, asset prices and cash positions to the 40-50 clients it shares with BlackRock’s Aladdin.
BlackRock’s flagship Aladdin platform will be combined with eFront to expand its alternative investment capabilities.
EU policymakers are looking to extend the tick size regime to SIs, periodic auctions and block trading venues, but the buy-side is concerned about the potential impact this could have on trading at the midpoint.
Former chief executive for EMEA, APAC at Columbia Threadneedle to succeed Mark Zinkula later this year.