Waters Wavelength Podcast Episode 70: A Look at Liquidnet's Acquisition of OTAS
Adam Sussman joins Anthony Malakian to talk about Liquidnet's acquisition of OTAS, machine learning and AI, and what the buy side wants from analytics platforms.
Earlier this week it was announced that Liquidnet had acquired OTAS Technologies, a vendor that had made its name in the analytics and artificial intelligence fields. To discuss what the deal means for users, as well as some of the broader trends in the market, Adam Sussman, head of market structure for Liquidnet, joins Anthony on the podcast.
(0:00-2:40) Some information about the Waters Rankings and next week’s North American Financial Information Summit.
(2:40) Adam joins via phone.
(3:30) Adam talks about how this deal will bring together Liquidnet’s Virtual High Touch trading platform with OTAS’s analytics platforms.
(4:35) How the pairing will improve decision-support capabilities for traders.
(5:35) How will it help buy-side firms to better monitor performance and algo usage?
(7:45) Why did Liquidnet go with OTAS over other analytics providers?
(9:05) For OTAS users, will they have full access to the tools they were previously using with the vendor? And what will integration look like?
(12:15) More generally, what does the buy side want when it comes to analytics platforms and alternative data today compared to previously?
(14:55) How is artificial intelligence and machine learning playing into what you can deliver to traders?
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Links to articles discussed:
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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 or Dan via Twitter or email.
Anthony: @a_malakian; Anthony.Malakian@incisivemedia.com
Dan: @dandefrancesco; Dan.DeFrancesco@incisivemedia.com
Past 10 episodes:
Episode 60: Bill Murphy, Blackstone CTO
Episode 61: Automating Processes
Episode 62: Shadow IT, CFTC's Giancarlo at FIA Boca
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
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