Waters Wrap: The Big Tech cloud providers are coming for your toys

Anthony thinks that the fintech community should be looking over their shoulders as the major cloud providers are going to disrupt financial markets even more than they do today.

“I tell the exchanges today, the day that Google and Amazon and those big, big [cloud providers] figure out the compliance side of this business … is the day you can kiss the exchanges goodbye. The exchanges are sitting there in their ivory tower and saying, ‘Hey we’re fine, we’re protected,’ but that ain’t gonna last much longer. It’s going to last longer than me, but it’s not going to last forever.”

Bill Lee, senior market data advisor for Interactive Brokers, who enrolled in university in

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Banks seemingly build more than buy, but why?

Waters Wrap: A new report states that banks are increasingly enticed by the idea of building systems in-house, versus being locked into a long-term vendor contract. Anthony explores the reason for this shift.

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