Wavelength Podcast Episode 142: AWS Talks Cloud Adoption in the Capital Markets
Also: Trading Technologies is developing an OMS for the sell side and Orbital Insight is embracing a platform-as-a-service model.
James Rundle, WatersTechnology's US editor, and Anthony Malakian, editor at large for WatersTechnology, record a weekly podcast touching on the biggest stories in financial technology.
To hear the full interview, listen in the player above, or you can download it.
This week, Scott Mullins, worldwide financial services business development lead at Amazon Web Services (AWS), joins the podcast to discuss how capital markets firms are embracing public clouds, how they will look to differentiate themselves as costs come down while capacity increases, and how clouds can help in the evolution of artificial intelligence (AI) tools. But before that, Anthony and James look at how Orbital Insight will deploy a platform-as-a-service (PaaS) model and how Trading Technologies will launch an order management system (OMS) in 2019.
In the News
2:30 As Orbital Insight expands the number of retailers it tracks and adds geolocation data to its offering, it will eventually deploy a PaaS model for do-it-yourself geospatial analytics.
7:30 Trading Technologies has announced the 2019 launch of an OMS designed for sell-side traders.
AWS
14:00 It’s taken some time, but capital markets firms are fully embracing public cloud offerings, most notably with AWS, Microsoft Azure, Google Cloud Platform and IBM Cloud. What’s changed?
17:30 What’s the end state for capacity and cost? As capacity increases and cost decreases, how will cloud providers differentiate themselves?
20:00 NYSE Technologies and Nasdaq FinQloud both tried to create cloud platforms specific to the capital markets, but they never quite took hold. Why weren’t capital markets firms able to create something on their own?
22:30 Where do firms go wrong when creating a cloud strategy?
26:30 How are firms deploying the cloud across the front, middle and back offices?
29:30 Should public cloud providers be labeled as Systemically Important Financial Market Utilities, similar to a clearinghouse?
33:00 How can a cloud environment help in the development of machine learning?
37:30 What’s down the road that might be revolutionary as it pertains to the cloud?
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 James via Twitter or email.
Anthony Malakian, editor at large: @a_malakian; anthony.malakian@infopro-digital.com
James Rundle, US editor: @JimRundle; james.rundle@infopro-digital.com
Past 10 episodes:
Episode 132: Thasos Group’s CEO Talks Alternative Data
Episode 133: IBM on Quantum Computing
Episode 135: The Most Important Technologies of the Future
Episode 136: Blockchain Projects & Some Politics
Episode 137: Bloomberg on Data Fragmentation
Episode 138: Nasdaq-Cinnober Tie-up & 10 Years After Lehman's Collapse
Episode 139: Broadridge on Emerging Tech in APAC
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.
