Emerging Technologies
TRG Screen acquires Jordan & Jordan’s market data compliance & reporting unit
TRG will combine J&J's six-year-old MDR managed service for data reporting with its own similar ADS declarations service.
Waters Wrap: A dangerous game of Cat & hacker (And reg reporting fees)
Anthony takes a look at the Consolidated Audit Trail and concerns over its security. He also touches on the rapidly changing face of the regulatory reporting marketplace.
People Moves: HANetf, Broadridge, Liquidnet, big xyt, and more
A look at some of the key "people moves" from this week, including Manooj Mistry (pictured), who has been appointed chief operating officer at HANetf.
This Week: DTCC, SIX-Orenda, Neuravest, Overbond, Quod, and more
A summary of some of the past week’s financial technology news.
The curious case of Larry Fondren and DelphX
After a decade with DelphX Capital Markets, the company’s founder and executive chairman was unceremoniously fired “for cause” earlier this month. He still isn’t sure why.
All roads lead to Bergamo: Euronext eyes new home for its tech
Market participants fear a “horrible” relocation project and more room for latency arbitrage should the exchange move its data center to Italy.
People Moves: TP Icap, Euronext, BNP Paribas, Trading Technologies, BestEx, Planixs
A look at some of the key "people moves" from this week, including Andrew Polydor (pictured), who has been appointed head of global markets at TP Icap.
Waters Wrap: Microsoft’s capital markets play (And Algorithmics thoughts)
Anthony takes a look at an interesting announcement between FactSet and Microsoft and what it could hint at as to Microsoft’s future in the capital markets. He also examines Algorithmics in the year after the SS&C acquisition.
Algorithmics charts new course in year-plus after SS&C acquisition
After eight years with IBM, Algorithmics has grown its staff significantly in the year since SS&C bought the risk analytics provider. The vendor is now taking aim at tapping into SS&C’s roster of buy-side users by embedding with the likes of Advent and…
Confidential computing projects could answer industry’s cloud security questions
Perhaps smarter than blockchain and certainly closer than quantum computing, this type of complex computing could accelerate banks' move to the cloud—if the industry gets it right.
Advanced analytics ripe for no-code, low-code tools to enter the field
Jo predicts we will see a rise in no-code or low-code tools in the analytics space, but some barriers to scale remain.
PanAgora’s CIO & head of sustainable investing explain firm’s ESG framework, best practices
Waters Wavelength Podcast Interview Series: PanAgora’s George Mussalli and Mike Chen hit on topics including building predictive models using point-in-time data, and balancing ESG portfolios.
People Moves: Tradeweb, HKEX, ipushpull
A look at some of the key "people moves" from this week, including Von M. Hughes (pictured), who has been appointed to Tradeweb’s board of directors as an independent director.
As ASX preps Chess replacement testing phase, other data & cloud projects progress
Testing on the new DLT-based platform will begin in July. The Aussie exchange is also making progress on its DataSphere project and has addressed ASX Trade after an outage last year, according to the company’s CEO.
Managed Services in 2021—Poised for Lift‑Off
The outsourcing of mission-critical business processes, together with non-competitive and often labor-intensive activities, has been an important feature of the capital markets for at least the last three decades
Waters Wavelength Podcast: Episode 226 (M&A and people)
On this episode of the Wavelength Podcast, Wei-Shen and Tony talk about the importance of communication when it comes to M&A activity within a company.
Start-up VCs look ahead to post-pandemic world
Emerging venture capitalists saw reduced investor inflows during the pandemic. Will this dent B2B fintech investment?
MayStreet hires former SEC CAT advisor as industry ‘rethinks’ market data infrastructure
Manisha Kimmel played a key role in getting the CAT running and worked at rival Refinitiv before joining the US regulator.
People Moves: Quorsus, 3Forge, GoldenSource, Arca
A look at some of the key "people moves" from this week, including Kieran Mullaley (pictured), who has been appointed managing partner and head of consulting delivery at Quorsus.
Waters Wrap: Dash Financial gets nabbed by Ion (And monetizing data)
Ion Group has acquired Dash Financial. Whether or not this ends up being a good marriage will come down to the people making the tech platforms, Anthony says.
Broker data policies stoke fears of ‘exchange-style’ fees and audits
Interdealer brokers are looking enviously at the way exchanges have been able to grow data revenues, providing a stable stream of profits as other business lines have declined. But following the exchange model has its own challenges.
This Week: Tradeweb/Nasdaq, HSBC, CME/BrokerTec, Esma, Acquis, SimCorp & more
A summary of some of the past week’s financial technology news.
Back-office automation key to breaking open private markets
Trading in large, privately-held stocks has hitherto been the domain of large private equity investors. A new technology platform aims to make these markets more accessible to broker-dealers by integrating with the back-office processes that firms…
Ion Group acquires Dash Financial in move to bolster options execution
The deal will allow Ion to pair Dash alongside Fidessa as it looks to “own the sell-side technology space.”