Articles by Wei-Shen Wong
Cloud and APIs begin to (slowly) permeate the post-trade space
As financial firms turn their attention toward modernizing the back office, how they approach these projects comes under new scrutiny.
Waters Wavelength Podcast: Episode 254 (Heads in the cloud)
This week, Tony and Shen talk about how firms approach cloud migration projects.
A consolidated effort: State Street and FactSet look to take interop to the next level
Firms aim to provide a front-to-back data flow for asset managers, forming “deeper relationships” with their clients.
Waters Wavelength Podcast: A tech unicorn's take on cloud and infra in the capital markets
Andy Volz, chief operating officer at capital markets fintech firm Clear Street, joins Tony on the podcast to talk about cloud and infrastructure woes in the capital markets.
Escaping the ‘data swamp’: GoldenSource aims to improve data lake, warehouse analytics
As part of its cloud migration, the EDM vendor is launching an end-to-end ‘lake house’ service to help firms better manage their data.
If it ain’t broke, break it: Back-office tech reform may benefit front-office returns
Better data visibility across multiple systems could provide a driver for technological change in the world of post-trade.
Development bank aims for better settlement with blockchain prototype
R3 is among the companies working with the regional bank on a proof-of-concept to bring efficiencies to cross-border securities transactions.
LSEG-MayStreet: From direct feeds revamp to reg tools, industry sources outline rationale for deal
The acquisition of the 10-year-old vendor will give the exchange group high-quality market data, low-latency direct feeds, and packet-capture capabilities, experts say.
Waters Wavelength Podcast: Vendor lock-in and interoperability
James Crosby, founder and CEO of data management firm Fencore, joins the podcast to discuss vendor lock-in and interoperability.
Bank's corporate actions overhaul 'saves hours,' but industry still seeks elusive silver bullet
Although some market participants are trying to automate corporate actions internally, full STP is unattainable without end-to-end buy-in from all participants along the event lifecycle.
Banking group trials quantum computing for portfolio hedging and optimization
After experimenting with gate model quantum computers—as used by IBM and Google—CaixaBank gets to work on real-life problems.
Collaborating to innovate: Franklin Templeton builds out internal/external fintech programs
The asset management giant is strengthening its investment management and data science initiative to streamline innovation within the firm.
Waters Wavelength Podcast: Nasdaq’s Dague on exchange cloud strategy
Bill Dague, head of alternative data at Nasdaq, joins the podcast to discuss the forces driving exchanges to the cloud.
What makes a good PM? New algos separate the skillful from the lucky
$15 billion investment manager Xponance’s web-based platform, Aapryl, helps asset allocators distinguish skillful investment managers from those who are simply lucky.
Shaking things up in the dark: Vendors build new tools for dark-pool trading in Asia-Pacific
New conditional order venues could bring more liquidity and sophistication to dark pool trading in the region.
Waters Wavelength Podcast: Tradeweb’s Bruni on electronification of repo markets
Enrico Bruni, managing director and head of Europe and Asia at Tradeweb, joins the podcast to discuss electronification in the repo space.
LSEG-Tora: A tale of crypto, Asia expansion and (more) integration burdens
When LSEG acquired Refinitiv, it added Eikon, FXall, and AlphaDesk to its portfolio of execution platforms. In February, the exchange also bought Tora, which has a stronghold in Asia, as well as a presence in crypto. While sources say there are clearly…
One view to rule them all: Buy side firms seek to unify their data
Asset management firms still struggle to consolidate their data so that it speaks the same language across different business lines. Some new SaaS-based investment management vendors are aiming to solve this.
Waters Wavelength Podcast: MayStreet’s Kimmel on the NMS plan
MayStreet chief policy officer Manisha Kimmel joins the podcast to talk about how national markets system data is charged for.
In the race to institutionalize crypto, participants eye familiar tech ‘wrappers’ for new assets
Despite the development of digital assets overall, and interest in cryptocurrencies remaining strong among individual investors and niche firms, widespread institutional adoption remains muted. Wei-Shen Wong looks at the tools being developed to support…
Waters Wavelength Podcast: Episode 248 (A Merry Covid Christmas)
This week, Tony and Shen rant about dealing with Covid. No tech here, folks. Merry Christmas!
From overhype to practical use cases: the DLT projects that gained ground in 2021
WatersTechnology reflects on some notable distributed ledger technology projects.
Waters Wavelength Podcast: DTCC’s Peve on using tokenization to streamline private markets
Jennifer Peve, managing director and head of strategy and business development at DTCC, discusses the Digital Securities Management (DSM) platform the firm is working on for US private markets.
Waters Wavelength Podcast: Bill Murphy on innovation discovery
Bill Murphy, managing partner at Cresting Wave, is back on the podcast with Tony to talk about innovation discovery.