Buyside Looks to Fintech to Boost Returns

Buyside firms are interested in using technology such as machine learning to improve predictive analysis in funds according to a panel at the London Stock Exchange. Mark Sykes, chief operating officer at First Derivatives, said on the  panel: “Ultra- high frequency traders are extremely leading edge but the rest of the buyside are interested in using technology to achieve greater returns. They want to improve predictive analysis in their funds using machine learning and data collection and aggregation to make decisions in real-time. It is pretty exciting on the  buyside.” Sykes spoke on a panel on whether technology can truly disrupt the existing capital market ecosystem at the London Stock Exchange Fintech Investor Forum on 26 February. Kx Systems, a subsidiary of First Derivatives, provides kdb+, a time-series database for performance-critical…


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