Waters Wrap: The ‘nightmare’ of ripping and replacing an OMS (And ESG regulations)

Anthony explores why it is that bank CTOs are so reluctant to switch out an order management system. He also wonders if changes to the SFDR ESG proposal will make the regulation toothless.

Before I get into this week’s column, first, a question: Are you familiar with the open-source, Google-developed framework known as gRPC? I was speaking with someone recently who said they’re exploring the remote procedure call to speed up middleware interactions. Sadly, I know nothing about it, but if gRPC is something that you, too, are looking at, I’d love to hear your thoughts: anthony.malakian@infopro-digital.com

Also, today marks the start of our first (virtual) conference of the year

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The AI boom proves a boon for chief data officers

Voice of the CDO: As trading firms incorporate AI and large language models into their investment workflows, there’s a growing realization among firms that their data governance structures are riddled with holes. Enter the chief data officer.

If M&A picks up, who’s on the auction block?

Waters Wrap: With projections that mergers and acquisitions are geared to pick back up in 2025, Anthony reads the tea leaves of 25 of this year’s deals to predict which vendors might be most valuable.

Removal of Chevron spells t-r-o-u-b-l-e for the C-A-T

Citadel Securities and the American Securities Association are suing the SEC to limit the Consolidated Audit Trail, and their case may be aided by the removal of a key piece of the agency’s legislative power earlier this year.

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