Waters Wrap: Operational efficiency and managed services—a stronger connection

As cloud, AI, open-source, APIs and other technologies evolve, Anthony says the choice to buy or build is rapidly evolving for chief operating officers, too.

Credit: Walter MacEwen
OES 2023

First things first: this Wednesday, October 18, WatersTechnology, our sibling publication Risk.net, and research firm Chartis, are hosting a new event called the Operational Efficiency Summit (OES). If you work at a bank, broker-dealer, asset manager or some other end-user firm, it’s free to attend. I don’t work in sales, so I have nothing to sell you, but I hope if you’re a subscriber and can get to midtown, you’ll swing by for at least part of the day, as we have a bunch of good

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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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