North America
Vendors add surveillance support for WhatsApp alternatives
Concerns about data leakage have driven some users to rival privacy-focused messaging apps like Telegram and Signal, as WhatsApp policy changes come into force on May 15.
Waters Wrap: Buzzwords and the hype machine (And editorial judgment)
Anthony previews some of the major trend topics that WatersTechnology will look to cover over the next eight months.
People Moves: HSBC AM, Trumid, SIX, and more
A look at some of the key "people moves" from this week, including Paul Griffiths (pictured) who has been appointed global head of institutional business at HSBC Asset Management.
Waters Wrap: The looming data storage wars (And Bloomberg killers)
Anthony first looks at the data storage space, explaining that fees are likely to increase for buy- and sell-side firms in the near-term. He also wonders if there’s a market in the terminal/workstation space for innovative startups to gain traction. As…
Symphony suspends Sparc pending registration talks with CFTC
The comms provider may have to register its RFQ workflow and messaging tool as a Sef, or perhaps permanently shut down the business line.
People Moves: Symphony, BMLL, HKEX, CloudMargin, Tora, Baton, and more
A look at some of the key people moves from this week, including Brad Levy (pictured), who will take the reins at communications platform Symphony in June, after joining the vendor in July last year.
Waters Wrap: Would DLT really have prevented Archegos? (And thoughts on Itiviti)
While Christopher Giancarlo says distributed ledger technology could’ve helped prime brokers better monitor their risk exposures to Archegos Capital Management, Anthony (and others) are not so sure about that. He also looks at the Broadridge-Itiviti deal.
This Week: TP Icap, Confluence, Bloomberg, Iress-Cosaic, Tradeweb, SmartStream, and more
A summary of some of the past week’s financial technology news
Bridging the gap: Broadridge looks front-to-back with acquisition of Itiviti
The deal signals a transformative move for Broadridge into the front-office space to help clients simplify their front-to-back technology stack. But some industry observers are skeptical about how it will achieve this.
Waters Wrap: Big Tech takes control of cutting-edge encryption (And consortium flat circles)
In addition to growing their cloud presence in the capital markets, Big Tech companies are, unsurprisingly, taking the lead on encryption and security in the cloud. Anthony sees positives and negatives. He also looks at bank-led consortiums.
Citi, other banks set to ink ‘Octopus’ deal for new multi-bank CLO platform
Sources say initiative is designed to fend off higher fees and disintermediation in case established multi-dealer platforms start trading CLOs.
Waters Wrap: The nature of data and information (And Ion-List thoughts)
Anthony takes a look at the alternative data industry post-GameStop, and wonders about Ion Group’s strategy going forward after recent acquisitions.
This Week: Google Cloud/Commerzbank, SmartStream, Anna DSB, and more
A summary of some of the past week’s financial technology news.
A kick in the privates: In-demand unlisted stock trading faces tech, transparency challenges
Private stocks are opaque, illiquid, behave differently from public markets, and lack the same infrastructure as public marketplaces, creating back-office integration challenges for firms that want to trade these stocks in a more liquid manner. But as…
Data disruptors face uphill battle to overcome credit ratings stagnation
With traditional ratings agencies facing increased hostility from financial firms, new entrants are hoping to reshape ratings. But will fresh approaches appeal to an industry underwhelmed by existing offerings?
People Moves: BestEx Research, Macrobond, Gresham, Baton, and more
A look at some of the key “people moves” from this week, including Dave Conner (pictured), who joins BestEx Research as managing director of client services.
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.
So long, Sseoms: Vendors vie to onboard Bloomberg clients ahead of April sunset
Sseoms competitors are stepping into the breach left by Bloomberg’s move to sunset the sell-side focused suite of services. This could be a chance for a new premier provider to snap up some business, while leaving others to reevaluate their standing in…
People Moves: Alpima, Santander UK, Tradeweb, SS&C, SmartStream, Numerix, and more
A look at some of the key "people moves" from this week, including Karen Tierney (pictured), who joins Alpima as chief product officer.
Waters Wrap: The changing face of news (And the changing face of office design)
Anthony looks at how news organizations and alternative data providers need to change their business models as ‘context’ takes on greater importance. Additionally, he gives his thoughts on open floor plans in a post-Covid world.
‘Concentration’ and ease will determine winners and losers in changing news industry
Customized content and its ability to be integrated easily will be key factors for news providers—old and new—in creating value for financial consumers.
This Week: State Street, Macrobond, Enfusion, and more
A summary of some of the past week's financial technology news.
Magnetic tape looks to find a new life at banks in a cloud-based world
IBM, which recently set a new world record for tape storage, says a lot of its financial services clients use the medium for storage as its cheaper and safer than other digital storage options. Others are skeptical of tape’s long-term prospects.
People Moves: Acadian Asset Management, TraditionDATA, West Highland, FMSB, and more
A look at some of the key "people moves" from this week, including Andy Moniz (pictured), who has been appointed director of responsible investing at Acadian Asset Management.