Emerging Technologies
Slow burn to a big bang: How the new wave of tech is changing market data platforms
For decades, market data platforms have been critical components of financial firms’ trading infrastructures. But with changing user needs and emerging technologies gaining ground, will the platforms of the past be replaced by upstart challengers—or can…
Cloud promises cost savings, but users still overspend
Cloud overspending and overprovisioning is a pervasive problem as cloud usage is poised to grow in 2022.
UK regulatory consultation hopes to bridge gaps in AI adoption
The industry forum looks to inform recommendations for the safe use of AI in financial firms.
This Week: LSEG/Quantile, Ice, Morningstar/Sentifi, SimCorp/FundApps, and more
A summary of some of the past week’s financial technology news.
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.
IBM eyes ‘seamless integration’ of quantum, classical computing
Blending classical and quantum computing could reduce the cost of quantum calculations and eliminate the need to understand hardware specifics, IBM says.
US banks harbor concerns over agencies’ cyber risk rule
The lack of a reporting template means “people can give the least amount of data possible”, warns a bank CISO, stymieing data sharing.
Disrupting data delivery: AWS Data Exchange gains ground with addition of FactSet content
Leveraging AWS’s presence on Wall Street, Data Exchange has the potential to shake up traditional financial data delivery and contracts, if it can add relevant content and overcome challenges like real-time streaming and connectivity in the cloud.
Waters Wavelength Podcast: Sustainability and the circular economy
Garry Cooper, CEO and co-founder at Rheaply, joins the podcast to discuss the circular economy and how technology plays a part.
NLP for investment management: quants face a grab bag of words
Training models to interpret text can be dull; but doing it poorly can be costly.
Post-trade in the cloud: Startup RQD aims to reimagine clearing
With the post-trade space poised for major change, startup clearing firm RQD says a new cloud-based platform will help it respond to client needs and new business opportunities.
The future of algo trading: Using deep learning to more accurately predict equity market volumes
OpEd by Sam Clapp, Mizuho Americas equities, and Don Hundley, Japan head of Mizuho equities electronic trading
New breed of NLP model learns finance better, study finds
Models trained by looking at sentences beat conventional approaches that contextualize words.
Waters Wrap: Nasdaq, Quandl and the next phase of the alt data craze
Anthony looks at how Nasdaq's Quandl strategy ties into other trends spreading through the market.
Waters Wavelength Podcast: IBM’s Likhit Wagle on modernizing mainframes
IBM’s general manager of global banking and financial markets joins the podcast to talk about the importance of modernizing mainframes.
In pursuit of API-ness: Rise of API interfaces hints at data platforms of the future
Nasdaq’s new Data Fabric managed data infrastructure service presents an opportunity for firms to outsource many elements of their market data platforms to the exchange. But making it possible—and also driving innovations at other data providers designed…
Once taboo, open-source skills now sought by Goldman Sachs, Morgan Stanley and other top sell sides
The world’s biggest banks want the new talent to possess at least some open-source technology skills, which was unthinkable a decade ago. It’s a win for advanced open-source practitioners, but how did it materialize? The answer is likely a not-so-even…
ASX goes live with new DLT-as-a-service platform
Synfini enables customers to access the exchange’s DLT infrastructure, data hosting, ledger services, and support.
People Moves: LedgerEdge, Broadridge, Talos, Liquidnet, and more
A look at some of the key people moves from this week, including Jason Mendez (pictured), who joins Bitvore as vice president of partnerships.
This Week: Finos, Northern Trust, DTCC, and more
A summary of some of the past week's financial technology news.
ESG asset manager taps Symphony, FinTech Studios for thematic ‘mini-Bloomberg’
Sycomore Asset Management is preparing to roll out an expansion of how it uses the vendors’ combined platforms to be able to create and share targeted thematic investment data across its organization.
Former clearing head urges ‘reasonable regulation’ of crypto
Industry participants are complaining that the current regulatory approach is ‘painful’ and doesn’t embrace innovation.
Refinitiv’s CodeBook targets financial programmers with built-in data access
Since it soft-launched the coding environment last year, Refinitiv has added an item browser to allow coders to look up financial information.
Waters Wrap: CME & Google—the first domino falls
Anthony explores some of the unanswered questions—and potential ripple effects—that come with the new partnership between CME and Google.