November 2018: Data and Tech Couples Therapy
Data and technology have a co-dependent relationship, for better or for worse.
![Jamie Hyman 2017 Jamie Hyman 2017](/sites/default/files/styles/landscape_750_463/public/2017-11/Jamie-Hyman-2017.jpg.webp?h=121a7c39&itok=8EKiGCbt)
WatersTechnology editor-in-chief Victor Anderson and I have done some hiring together, and whenever he describes for candidates the relationship between data and technology, he always uses a biological analogy: If technology is the bones of the market, data is the blood. And while data and tech’s co-dependent relationship is has reached official adage status, the relationship itself changes as the market evolves, so there are always fresh questions to answer and surprising new angles to consider.
For our sibling publication WatersTechnology, Anthony Malakian provides a thorough examination of this evolution through the lens of alternative data, as firms looking to cash in on the alt data boom are navigating how to prioritize while they compete with other hungry banks, traditional data vendors and among their own internal businesses.
I continue my focus on semantics with a feature explaining how, when it comes to standards and ontologies, the dependency runs both ways: Brilliant ideas in semantics require technology capable of carrying them out, while technological advancements— such as blockchain—need standards in place to progress.
For his analysis of firms with a technology vendor arm developed within, Max Bowie considers the sometimes-fraught tech and data relationship with an eye on strategy and timing. Should in-house leave the nest, and if so, when?
And as March 2019 approaches, Brexit concerns continue to heat up. While politicians negotiate (or don’t, as the case may be), regulators realize there is one topic that is non-negotiable: Data must continue to fl ow between agencies and across borders to keep catastrophe at bay. James Rundle and Amelia Axelsen team up to break down what options the regulators have to keep data moving to where it is necessary and reveal why so far, none of the solutions appear sufficient to solve the problem of data, Brexit and borders.
This November issue is sent off right after my return from Hong Kong, where I attended the Asian-Pacific Financial Information Conference. Our Asia editor, Wei-Shen Wong, and I will publish stories culled from APFIC 2018 on WatersTechnology.com over the coming weeks, but I thought I’d tip you off to some early themes: cloud is still a popular topic, but perhaps not as popular as alternative and environmental, social and governance (ESG) data—where to get it, what to do with it, how to use it in a way that is both effective and compliant, and ultimately, whether its returns are worth the cost.
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.
You may share this content using our article tools. Printing this content is for the sole use of the Authorised User (named subscriber), as outlined in our terms and conditions - https://www.infopro-insight.com/terms-conditions/insight-subscriptions/
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. Copying this content is for the sole use of the Authorised User (named subscriber), as outlined in our terms and conditions - https://www.infopro-insight.com/terms-conditions/insight-subscriptions/
If you would like to purchase additional rights please email info@waterstechnology.com
More on Data Management
Ace high or busted flush? Digital Asset’s mixed fortunes mirror DLT adversity
The vendor hoped to remodel post-trade using blockchain technology—and it still might—but its bumpy progress raises questions over the future of DLT in finance.
The IMD Wrap: It’s the data, Cupid!
As BlackRock buys Preqin, and LSEG strikes a data deal with Dow Jones, Max notes that in data, strange bedfellows breed valuable offspring.
This Week: BlackRock/Preqin, Trading Technologies, FIA Tech and more
A summary of some of the past week’s financial technology news.
US banks seek to open vendors’ black box on green data
Inaugural Fed climate scenario analysis flags lack of transparency around third-party models.
IEX Cloud closure forces fintech clients to seek data alternatives
IEX says it is ditching its unprofitable data arm to focus on its core exchange business, but other vendors believe they can turn a profit from its former client base of fintechs, retail investors and some institutions.
The IMD Wrap: Déjà vu as exchange data industry weighs its options
Max highlights some of WatersTechnology’s recent reporting on data costs and capacity issues facing the options industry, and asks, haven’t we seen this before somewhere?
FRTB data quality issues persist amid shifting implementation dates
Banks are finding market and reference data challenges posed by the FRTB’s standardized model tricky, compounded by uncertainty over when the regulation will take effect.
Cboe pushes rule change to make way for proprietary Opra alternatives
As US options data has grown in volume and cost, Cboe says changing the public feed's governing document would make way for more competition from private alternatives, including its Cboe One Options Feed, launched in 2023.