Waters Wavelength Podcast Episode 73: The UK Election, Brexit & Fintechs; The Bloomberg Point-Port Integration
An examination of what the UK election and eventual Brexit negotiations could mean for London's fintech space followed by a discussion of Bloomberg's Point-Port integration.
On this edition of the podcast, new co-host, James Rundle, joins Anthony Malakian to discuss Thursday’s UK general election and the effect it could have on the fintech sector in London and Europe. After that, Anthony chats with Sell-Side Technology deputy editor John Brazier to discuss the integration of Barclays’ Point IP into Bloomberg’s Port portfolio analytics platform.
The UK General Election
(0:00-3:10) First, Anthony introduces James—who has taken over as Waters’ news editor and deputy editor of Buy-Side Technology—and gives a reminder that voting on the Waters Rankings closes Friday, EOD, NY time.
(3:30) Speaking of votes, James gives a primer on why the election was called.
(5:30) A quick examination as to why the polls show the race getting closer.
(8:00) Point: Why Brexit could potentially hurt the burgeoning fintech sector in London.
(11:00) Counterpoint: Why Brexit might not hinder the London fintech scene in the long term.
(12:30) What effect might the Brexit negotiations have on talent acquisition?
(17:45) How the isolationist movements sweeping through Europe and the US will hurt the movement of talent.
(22:40) A prediction on the UK general election.
The Bloomberg Point-Port Integration
(24:00) Anthony calls John, who is based out of London, to talk about why fixed-income traders are concerned about Bloomberg’s acquisition and integration of the Point platform’s intellectual property.
(27:45) How Mifid II might play into a firm’s decision to stay with Bloomberg or switch to another option.
(29:40) With the consolidation that the industry is seeing in the portfolio analytics space, is there reason to believe that this consolidation could be better for fixed-income traders in the long run, or create unwanted challenges.
(32:05) Finally, John gives some thoughts on what the election and Brexit could mean for London’s fintech sector.
If you have a SoundCloud account, be sure to subscribe to our page. You can find our account here.
We are also on iTunes. Search "WatersTechnology" in the iTunes store to find us and subscribe, or click here.
[Note: Some versions of the Chrome browser will not allow you to skip ahead; consider using a different browser.]
Links to articles discussed:
Waters Rankings Voting Now Open
Bloomberg's Acquisition of Barclays Point: Any Port in a Storm
Brexit Offers London Banks Opportunities fora New Start with Cloud API
Contact Info
As is the case with everything we do, we'd love to get some feedback from our listeners. Feel free to reach out to Anthony via Twitter or email.
Anthony: @a_malakian; Anthony.Malakian@incisivemedia.com
James: @JimRundle; James.Rundle@incisivemedia.com
Past 10 episodes:
Episode 63: Acquisition Analysis, Rise of Data Spend
Episode 64: Open Source, Cyber, AI - A NATAS Recap
Episode 65: Public Cloud Providers Battle for Dominance, The Rise of Artificial Intelligence
Episode 66: Technologists & Film Portrayals
Episode 68: An Inside Look at IBM Watson
Episode 69: AQR's CTO, Neal Pawar, on Engineers & Open Source
Episode 70: A Look at Liquidnet's Acquisition of OTAS
Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.
To access these options, along with all other subscription benefits, please contact info@waterstechnology.com or view our subscription options here: http://subscriptions.waterstechnology.com/subscribe
You are currently unable to print this content. Please contact info@waterstechnology.com to find out more.
You are currently unable to copy this content. Please contact info@waterstechnology.com to find out more.
Copyright Infopro Digital Limited. All rights reserved.
As outlined in our terms and conditions, https://www.infopro-digital.com/terms-and-conditions/subscriptions/ (point 2.4), printing is limited to a single copy.
If you would like to purchase additional rights please email info@waterstechnology.com
Copyright Infopro Digital Limited. All rights reserved.
You may share this content using our article tools. As outlined in our terms and conditions, https://www.infopro-digital.com/terms-and-conditions/subscriptions/ (clause 2.4), an Authorised User may only make one copy of the materials for their own personal use. You must also comply with the restrictions in clause 2.5.
If you would like to purchase additional rights please email info@waterstechnology.com
More on Regulation
DORA flood pitches banks against vendors
Firms ask vendors for late addendums sometimes unrelated to resiliency, requiring renegotiation
In 2025, keep reference data weird
The SEC, ESMA, CFTC and other acronyms provided the drama in reference data this year, including in crypto.
Waters Wavelength Ep. 299: ACA Group’s Carlo di Florio
Carlo di Florio joins the podcast to discuss regulations.
IEX, MEMX spar over new exchange’s now-approved infrastructure model
As more exchanges look to operate around-the-clock venues, the disagreement has put the practices of market tech infrastructure providers under a microscope.
FCA to publish bond tape tender details by end of January
Market participants must wait a month longer than expected for the regulator’s draft tender document, which will see several bidders vie for the chance to build the UK’s long-awaited consolidated tape for bonds.
Too ’Berg to fail? What October’s Instant Bloomberg outage means for the industry
The ubiquitous communications platform is vital for traders around the globe, especially in fixed income and exotic derivatives. When it fails, the disruption can be great.
New data granularity rules create opportunities for regtech providers
As evidence, Regnology increased its presence in North America with the addition of Vermeg's Agile business—its 8th acquisition in three years—following a period of constriction and consolidation in the market.
Bond tape hopefuls size up commercial risks as FCA finalizes tender
Consolidated tape bidders say the UK regulator is set to imminently publish crucial final details around technical specifications and data licensing arrangements for the finished infrastructure.
