Fintech analysis firm Autonomous Research announced on Thursday that it has launched a set of analytical products with insights into various fintech trends.
Autonomous NEXT will cover robo-advisors, blockchain, neobanks, insurtech, chatbots and artificial intelligence, with a proprietary rating system to indicate how they affect firms' front, middle and back office functions.
"We want to quantify fintech trends and provide strategic blueprints for financial incumbents, Fintech startups, and high-technology companies," Lex Sokolin, global director of fintech strategy for Autonomous, said in a statement.
"A new regulatory paradigm is transforming the traditional equity research industry," Autonomous Deputy CEO Erick Davis said. "We discovered untapped demand for insight on financial technology and innovation, and are excited to bring this to market."
A new global committee aims to help financial institutions, regulators, supply chain providers and fintech firms collaborate on data and technology standards. The FinTech Technical Advisory Group (TAG) was announced by the International Standards Organisation (ISO) Financial Services Committee on Thursday.
Its stated objectives, according to a press release, are to:
- Work with fintech firms, including those in the public sector, and ISO to fill gaps and educate
- Promote the adoption and implementation of consistent standards
- Address common issues collectively and consistently
- Encourage communication and the sharing of information concerning financial services standards
Stephan Wolf, CEO of the Global Legal Entity Identifier Foundation, and Nick Cliff, head of emerging technology for APCA, will serve as co-chairs on the new committee. PJ Di Giammarino, CEO of JWG-IT Group, will serve as secretary.
"ISO/TC 68 is very pleased to have strong, global leadership now confirmed for our new Technical Advisory Group. The TAG will benefit from participation and expertise from ISO/TC 68 members and liaisons, as well as from new stakeholders from the fintech community from which the TAG currently is recruiting representation," Karla McKenna, chair of ISO/TC 68, said in a statement.
InvestCloud completed its integration with Babel with the creation of a new division, icMAC (Modeling, Accounting & Custody). InvestCloud acquired London-based Babel in January. Babel founder Steve Wise will head the new division.
Earlier in March, InvestCloud opened a fintech accelerator and incubator in Los Angeles to help financial firms develop apps on InvestCloud's platform.
