Waters
AFTAs 2024: Best data management initiative—Bank of America
Project name: Enterprise DataConnect
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.
Optimizing performance and risk calculations: The critical role of data quality
While robust calculation methods are vital, the foundation of accurate, scalable and auditable data is essential.
Waters Wavelength Ep. 298: GenAI in market data, and everything reference data
Reb is back on the podcast to discuss licensing sticking points for market and reference data.
FCA to publish bond tape tender details by end of January
Market participants must wait a month longer than expected for the regulator’s draft tender document, which will see several bidders vie for the chance to build the UK’s long-awaited consolidated tape for bonds.
Back to basics: Taxonomies, lineage still stifle data efforts
Voice of the CDO: While data professionals are increasingly showing their value when it comes to analytics and AI adoption, their main job is still—crucially—getting a strong data foundation in place. That starts with taxonomies and lineage.
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.
People Moves: Wilshire, Big xyt, Liquidnet, Roko Labs, Tasksize, and more
A look at some of the past month’s people moves in the capital markets technology and data space, including Brian Rosenberg as president and CRO of Wilshire Indexes.
Too ’Berg to fail? What October’s Instant Bloomberg outage means for the industry
The ubiquitous communications platform is vital for traders around the globe, especially in fixed income and exotic derivatives. When it fails, the disruption can be great.
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.
How a consolidated tape could address bond liquidity fragmentation
Chris Murphy, CEO of Ediphy, writes that the biggest goal of a fixed-income tape should be the aggregation of, and democratized access to, market data.
An AI-first approach to model risk management
Firms must define their AI risk appetite before trying to manage or model it, says Christophe Rougeaux
Waters Wavelength Ep. 297: How to talk to the media
This week, Tony and Wei-Shen discuss the dos and don’ts for sources interacting with the media.
Launch of Deutsche Börse’s midpoint dark pool delayed
The exchange group faces a roadblock as it awaits a reference price waiver from its regulator.
New data granularity rules create opportunities for regtech providers
As evidence, Regnology increased its presence in North America with the addition of Vermeg's Agile business—its 8th acquisition in three years—following a period of constriction and consolidation in the market.
Tech VC funding: It’s not just about the money
The IMD Wrap: It’s been a busy year for tech and data companies seeking cash to kick-start new efforts. Max details how some are putting the fun into fundraising.
BNY uses proprietary data store to connect disparate applications
Internally built ODS is the “bedrock” upon which BNY plans to become more than just a custodian bank.
The Waters Cooler: Tidings of comfort and joy
Christmas is almost upon us. Have you been naughty or nice?
Waters Wavelength Ep. 296: Questions about data quality
It’s all about the data, data, data.
Ultra-low latency trading: How low can you go?
In the world of high-frequency trading, nanoseconds gained in trade execution can mean the difference between success and failure. AMD discusses the technological advances that are taking high-frequency trading to new lows—known as ultra-low latency…
Bond tape hopefuls size up commercial risks as FCA finalizes tender
Consolidated tape bidders say the UK regulator is set to imminently publish crucial final details around technical specifications and data licensing arrangements for the finished infrastructure.
The AI boom proves a boon for chief data officers
Voice of the CDO: As trading firms incorporate AI and large language models into their investment workflows, there’s a growing realization among firms that their data governance structures are riddled with holes. Enter the chief data officer.
FactSet launches conversational AI for increased productivity
FactSet is set to release a generative AI search agent across its platform in early 2025.
Direct feeds: Life in the fast lane
Financial services firms are consuming more data than ever to drive a number of front- and middle-office use-cases, including algo, proprietary and HFT, market-making functions and back-testing trading strategies