Big Data and Banking – More than Hadoop
blog.infochimps.com
on 05/01/2013
Excerpt: Fraud is definitely top of mind for all banks. Steve Rosenbush at the Wall Street Journal recently wrote about Visa’s new Big Data analytic engine which has changed the way the company combats fraud. Visa estimates that its new Big Data fraud platform has identified $2 billion in potential annual incremental fraud savings. With Big Data, their new analytic engine can study as many as 500 aspects of a transaction at once. That’s a sharp improvement from the company’s previous analytic engine, which could study only 40 aspects at once. And instead of using just one analytic model, Visa now operates 16 models, covering different segments of its market, such as geographic regions.... read the full post.
Tags: Banking, Data, Financial, Hadoop
Reinhart-Rogoff Revisited: Why we need open data in economics
openeconomics.net
on 04/18/2013
Excerpt: Another economics scandal made the news this week. Harvard Kennedy School professor Carmen Reinhart and Harvard University professor Kenneth Rogoff argued in their 2010 NBER paper that economic growth slows down when the debt/GDP ratio exceeds the threshold of 90 percent of GDP. These results were also published in one of the most prestigious economics journals – the American Economic Review (AER) – and had a powerful resonance in a period of serious economic and public policy turmoil when governments around the world slashed spending in order to decrease the public deficit and stimulate economic growth. Carmen Reinhart
Kenneth Rogoff
Yet, they were proven wrong.... read the full post.
Tags: API-Evangelist, API-Stack, Data, Financial, Open Data
Symbols entities for Tweets
dev.twitter.com
on 04/12/2013
Excerpt: Twitter auto-links financial symbols (which look like $FOO) in Tweet text. These parsed symbols will soon be made available via the API under the Tweet "entities" object. Sections of text which match a dollar sign ($) followed by a word identifier will show up under the "entities/symbols" key. For example:
"entities" : { "hashtags" : [ ] , "symbols" : [ { "text" : "PEP" , "indices" : [ 114 , 118 ] } , { "text" : "COKE" , "indices" : [ 128 , 133 ] } ] , "urls" : [ ] , "user_mentions" : [ ] } ,
The rule will match patterns such as $FOO, $BAR. A and $BAZ_B.... read the full post.
Tags: API-Evangelist, API-Stack, Characters, Financial, Story, Twitter
Innovator Spotlight: Motley Fool - Using APIs to Build the World's Greatest Investment Community
feeds.apigee.com
on 03/05/2013
Excerpt: "We want a team to decide they need an API, build it, and launch it the same day it's finished.... read the full post.
Tags: API-Evangelist, API-Stack, Apigee, Financial, Showcase
Cleartrade Exchange delivers unique liquidity through open API
www.commodities-now.com
on 11/12/2012
Excerpt: Cleartrade Exchange, the leading OTC trading venue, is now live with an innovative solution enabling orders which are linked to an underlying commodity price to be automatically injected into the market. This unique development was successfully pioneered with lead broker member FIS and allows market-makers to enter, adjust, remove and trade multiple bunker fuel swap orders in real-time, resulting in a firm, two-way spread on two of CLTX’s three bunker contracts for the whole trading day. FIS Bunker Broker, Ali Ersen, said: “The innovative technology developed by Cleartrade Exchange has enabled price discovery and trading of these contracts in a way that was not possible before in this market sector.... read the full post.
Tags: API-Evangelist, Evangelism, Finance, Financial, Financial Data
Building a More Resilient Financial System: Are We There Yet?
blogs.worldbank.org
on 05/10/2012
Excerpt: Almost five years after the onset of the global financial crisis, much has been done to reform the global financial system, but much is still left to accomplish. Comprehensive reform, once agreed to and implemented in full, will have far-reaching implications for the global financial system and the world economy. In a new book, Building a More Resilient Financial Sector, edited by Aditya Narain, Ceyla Pazarbasioglu, and myself, we summarize our views on various reform proposals discussed since 2008, ranging from various regulatory reforms to supervision, too-important-to-fail (TITF) proposals, restricting banks’ size and scope, resolution, and to living wills.... read the full post.
Tags: API Voice, Banks, Finan, Financial, Markets
TradeKing Enhances Open API
blog.programmableweb.com
on 05/05/2012
Excerpt: TradeKing’s SVP of Product—Kevin Delo—recently commented: “TradeKing has always been about providing tools that help clients trade in the ways that best suit their personal style. ” With a series of recent enhancements to TradeKing’s open API, TradeKing furthers its mission to enable clients. The enhanced API adds financial data that was previously unavailable through the open API (i. e. option quote and option chain calls, top gainers/top losers/highest volume, streaming quotes, historical data). However, clients also have access to non-financial data (e. g. news displays based on keywords or symbol). Developers can now aggregate financial and non-financial data in an application from a single API.... read the full post.
Tags: Financial, ProgrammableWeb
Excerpt: Another economics scandal made the news this week. Harvard Kennedy School professor Carmen Reinhart and Harvard University professor Kenneth Rogoff argued in their 2010 NBER paper that economic growth slows down when the debt/GDP ratio exceeds the threshold of 90 percent of GDP. These results were also published in one of the most prestigious economics journals – the American Economic Review (AER) – and had a powerful resonance in a period of serious economic and public policy turmoil when governments around the world slashed spending in order to decrease the public deficit and stimulate economic growth. Carmen Reinhart Kenneth Rogoff Yet, they were proven wrong.... read the full post.
Tags: API-Evangelist, API-Stack, Data, Financial, Open Data
Symbols entities for Tweets
dev.twitter.com
on 04/12/2013
Excerpt: Twitter auto-links financial symbols (which look like $FOO) in Tweet text. These parsed symbols will soon be made available via the API under the Tweet "entities" object. Sections of text which match a dollar sign ($) followed by a word identifier will show up under the "entities/symbols" key. For example:
"entities" : { "hashtags" : [ ] , "symbols" : [ { "text" : "PEP" , "indices" : [ 114 , 118 ] } , { "text" : "COKE" , "indices" : [ 128 , 133 ] } ] , "urls" : [ ] , "user_mentions" : [ ] } ,
The rule will match patterns such as $FOO, $BAR. A and $BAZ_B.... read the full post.
Tags: API-Evangelist, API-Stack, Characters, Financial, Story, Twitter
Innovator Spotlight: Motley Fool - Using APIs to Build the World's Greatest Investment Community
feeds.apigee.com
on 03/05/2013
Excerpt: "We want a team to decide they need an API, build it, and launch it the same day it's finished.... read the full post.
Tags: API-Evangelist, API-Stack, Apigee, Financial, Showcase
Cleartrade Exchange delivers unique liquidity through open API
www.commodities-now.com
on 11/12/2012
Excerpt: Cleartrade Exchange, the leading OTC trading venue, is now live with an innovative solution enabling orders which are linked to an underlying commodity price to be automatically injected into the market. This unique development was successfully pioneered with lead broker member FIS and allows market-makers to enter, adjust, remove and trade multiple bunker fuel swap orders in real-time, resulting in a firm, two-way spread on two of CLTX’s three bunker contracts for the whole trading day. FIS Bunker Broker, Ali Ersen, said: “The innovative technology developed by Cleartrade Exchange has enabled price discovery and trading of these contracts in a way that was not possible before in this market sector.... read the full post.
Tags: API-Evangelist, Evangelism, Finance, Financial, Financial Data
Building a More Resilient Financial System: Are We There Yet?
blogs.worldbank.org
on 05/10/2012
Excerpt: Almost five years after the onset of the global financial crisis, much has been done to reform the global financial system, but much is still left to accomplish. Comprehensive reform, once agreed to and implemented in full, will have far-reaching implications for the global financial system and the world economy. In a new book, Building a More Resilient Financial Sector, edited by Aditya Narain, Ceyla Pazarbasioglu, and myself, we summarize our views on various reform proposals discussed since 2008, ranging from various regulatory reforms to supervision, too-important-to-fail (TITF) proposals, restricting banks’ size and scope, resolution, and to living wills.... read the full post.
Tags: API Voice, Banks, Finan, Financial, Markets
TradeKing Enhances Open API
blog.programmableweb.com
on 05/05/2012
Excerpt: TradeKing’s SVP of Product—Kevin Delo—recently commented: “TradeKing has always been about providing tools that help clients trade in the ways that best suit their personal style. ” With a series of recent enhancements to TradeKing’s open API, TradeKing furthers its mission to enable clients. The enhanced API adds financial data that was previously unavailable through the open API (i. e. option quote and option chain calls, top gainers/top losers/highest volume, streaming quotes, historical data). However, clients also have access to non-financial data (e. g. news displays based on keywords or symbol). Developers can now aggregate financial and non-financial data in an application from a single API.... read the full post.
Tags: Financial, ProgrammableWeb
Excerpt: "We want a team to decide they need an API, build it, and launch it the same day it's finished.... read the full post.
Tags: API-Evangelist, API-Stack, Apigee, Financial, Showcase
Cleartrade Exchange delivers unique liquidity through open API
www.commodities-now.com
on 11/12/2012
Excerpt: Cleartrade Exchange, the leading OTC trading venue, is now live with an innovative solution enabling orders which are linked to an underlying commodity price to be automatically injected into the market. This unique development was successfully pioneered with lead broker member FIS and allows market-makers to enter, adjust, remove and trade multiple bunker fuel swap orders in real-time, resulting in a firm, two-way spread on two of CLTX’s three bunker contracts for the whole trading day. FIS Bunker Broker, Ali Ersen, said: “The innovative technology developed by Cleartrade Exchange has enabled price discovery and trading of these contracts in a way that was not possible before in this market sector.... read the full post.
Tags: API-Evangelist, Evangelism, Finance, Financial, Financial Data
Building a More Resilient Financial System: Are We There Yet?
blogs.worldbank.org
on 05/10/2012
Excerpt: Almost five years after the onset of the global financial crisis, much has been done to reform the global financial system, but much is still left to accomplish. Comprehensive reform, once agreed to and implemented in full, will have far-reaching implications for the global financial system and the world economy. In a new book, Building a More Resilient Financial Sector, edited by Aditya Narain, Ceyla Pazarbasioglu, and myself, we summarize our views on various reform proposals discussed since 2008, ranging from various regulatory reforms to supervision, too-important-to-fail (TITF) proposals, restricting banks’ size and scope, resolution, and to living wills.... read the full post.
Tags: API Voice, Banks, Finan, Financial, Markets
TradeKing Enhances Open API
blog.programmableweb.com
on 05/05/2012
Excerpt: TradeKing’s SVP of Product—Kevin Delo—recently commented: “TradeKing has always been about providing tools that help clients trade in the ways that best suit their personal style. ” With a series of recent enhancements to TradeKing’s open API, TradeKing furthers its mission to enable clients. The enhanced API adds financial data that was previously unavailable through the open API (i. e. option quote and option chain calls, top gainers/top losers/highest volume, streaming quotes, historical data). However, clients also have access to non-financial data (e. g. news displays based on keywords or symbol). Developers can now aggregate financial and non-financial data in an application from a single API.... read the full post.
Tags: Financial, ProgrammableWeb
Excerpt: Almost five years after the onset of the global financial crisis, much has been done to reform the global financial system, but much is still left to accomplish. Comprehensive reform, once agreed to and implemented in full, will have far-reaching implications for the global financial system and the world economy. In a new book, Building a More Resilient Financial Sector, edited by Aditya Narain, Ceyla Pazarbasioglu, and myself, we summarize our views on various reform proposals discussed since 2008, ranging from various regulatory reforms to supervision, too-important-to-fail (TITF) proposals, restricting banks’ size and scope, resolution, and to living wills.... read the full post.
Tags: API Voice, Banks, Finan, Financial, Markets
