For the last four weeks, I’ve been trying to think about what to write for this column—honestly, the words have largely escaped me. But in times of great uncertainty, there are two paths the mind can wander down: one of pessimism and one of optimism. Many will vacillate between the two, but I truly believe it’s vital to maintain a positive outlook in times of crisis. This isn’t just whistling in the wind: From the Great Wars and the Great Depression, from assassinations and political resignations, from terrorist attacks and the Financial Crisis—society has always bounced back from dark times. We will again.
Words that my dad has often said to me have been on my mind over the last month: “Smooth seas do not make for skillful sailors.” He didn’t come up with that—it’s an African proverb—but it does ring true today. Now, more than ever before, technology will either be the saving grace for capital markets firms, or their lack of investment in technology will be brought to light—and clients will take notice.
I remember back in 2008 at the height of the Financial Crisis, the first jobs to get cut were often the middle- and back-office tech and ops folks. I hope that’s not the case today. After all, these are the men and women who have set up those networks and tools that are allowing their employees to work remotely without missing a beat. They are carrying on vital tech projects and data integrations. They are the defenders against cyber-attacks. And many of them are still commuting to their offices via public transit so they can ensure their company’s systems are running smoothly during a time of heightened stress.
The April issue of WatersTechnology magazine is going to only be available via PDF and the stories, as always, will appear on WatersTechnology.com. We will not produce a magazine for May, June, and July. Quite frankly, even if we did produce a hard-copy magazine, it would be delivered to an empty office. With that said, we are going to be flooding our website with (we hope) useful information about issues resulting from this pandemic; we will look at how firms are working to future-proof their organizations; and we will provide a forum for thought leaders from across the industry. You can find all of our coverage about the coronavirus here.
Finally, I promise you, our readers who allow us to write these stories, that the editorial team here at WatersTechnology will work harder than we ever have to provide you with valuable information. I believe that this is also a moment for us to shine. We may stumble from time to time, but we will work tirelessly to be an essential source during these uncertain days. If you think we’re missing anything, do not hesitate to reach out to me: email me at anthony.malakian@infopro-digital.com or give me a call at 646-490-3973.
Further reading
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.
As outlined in our terms and conditions, https://www.infopro-digital.com/terms-and-conditions/subscriptions/ (point 2.4), printing is limited to a single copy.
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. As outlined in our terms and conditions, https://www.infopro-digital.com/terms-and-conditions/subscriptions/ (clause 2.4), an Authorised User may only make one copy of the materials for their own personal use. You must also comply with the restrictions in clause 2.5.
If you would like to purchase additional rights please email info@waterstechnology.com
More on Emerging Technologies
An inside look: How AI powered innovation in the capital markets in 2024
From generative AI and machine learning to more classical forms of AI, banks, asset managers, exchanges, and vendors looked to large language models, co-pilots, and other tools to drive analytics.
Asset manager Saratoga uses AI to accelerate Ridgeline rollout
The tech provider’s AI assistant helps clients summarize research, client interactions, report generation, as well as interact with the Ridgeline platform.
LSEG rolls out AI-driven collaboration tool, preps Excel tie-in
Nej D’Jelal tells WatersTechnology that the rollout took longer than expected, but more is to come in 2025.
The Waters Cooler: ’Tis the Season!
Everyone is burned out and tired and wants to just chillax in the warm watching some Securities and Exchange Commission videos on YouTube. No? Just me?
It’s just semantics: The web standard that could replace the identifiers you love to hate
Data ontologists say that the IRI, a cousin of the humble URL, could put the various wars over identity resolution to bed—for good.
T. Rowe Price’s Tasitsiomi on the pitfalls of data and the allures of AI
The asset manager’s head of AI and investments data science gets candid on the hype around generative AI and data transparency.
As vulnerability patching gets overwhelming, it’s no-code’s time to shine
Waters Wrap: A large US bank is going all in on a no-code provider in an effort to move away from its Java stack. The bank’s CIO tells Anthony they expect more CIOs to follow this dev movement.
J&J debuts AI data contracts management tool
J&J’s new GARD service will use AI to help data pros query data contracts and license agreements.