In The News

eFinancial Careers: Greenwich Associates says that NLP systems that identify, parse and tag text are increasingly used by banks both for surveillance and to determine trading strategies.  

eFinancial Careers: A recent report from Greenwich Associates found that banks' surveillance teams are already struggling under hugely increased workloads as a result of recent higher trading volumes.

Business Insider: "There's been scarce supply over the past several years in the distressed space," said James Borger. "But everything is different now, and there's going to be a lot of trading activity in the coming months."

Financial News: Some of the world’s biggest banks are testing new technology that would help them record and monitor employees’ texts sent via the popular messaging app WhatsApp.

Crains NY: Greenwich Associates data shows more than one in five business owners plans to switch banks...

MarketsMedia: Danielle Tierney said: “The good news is that investments in trade surveillance and compliance systems over the past decade helped trading desks navigate both the historic spike of market volatility... .”

Bloomberg: “It’s a balance sheet, scale and electronification game now, and the bigger you are, the better you do,” says Satnam Sohal.

eFinancial Careers: Research last month from Greenwich Associates revealed that when volumes surged for U.S. treasuries in March, it was humans that made all the difference. 

A recent Greenwich Associates report concluded that, to meet new demands, treasurers felt they needed additional resources to fully support company initiatives, especially in tracking risks.

Crains NY: “It’s clear that the frustration from some companies and business owners has driven them to the switching point,” said Steve Busby.