Waters
AFTAs 2017: Best New Technology Introduced Over the Last 12 Months: Middle and Back Office—AdvantageData
AdvantageData Inc. (ADI) wins its first category at the AFTAs thanks to its Middle Market Loan Advantage offering, which saw off a handful of entries in this new category. The Boston-based firm, founded back in 1997, initially focused on providing cross…
Waters Wavelength Podcast Episode 105: Blackstone's Bill Murphy, Part 3
Bill Murphy, CTO of Blackstone, once again joins the podcast to discuss the private equity firm's new offices, designed to house its innovations team.
Derivatives Market Prepares for Emerging Tech Implementation
2018 is the year when large numbers of participants in the derivatives market expect to see emerging technologies being integrated into their existing technology ecosystems
Breaker of Chains: The Appeals and Perils of Quantum Computing
“We need to seriously rethink encryption and seriously rethink things that rely on encryption, like blockchain. Anything that is heavily dependent on complexity needs to be reconsidered in a quantum world.”
The Intertwined Relationship Between Humans and AI
Aggelos explores people’s fear of artificial intelligence and uses the financial services industry as an example to demonstrate that robots and humans are bound to walk together.
A Look Back at Emerging Technologies in 2017
Looking back at the big technology talking points In the past year.
The Bitcoin Futures Feeding Frenzy
Every exchange with a passing interest in commodities seems to be developing bitcoin futures, but the underlying asset is still a risky proposition for all but the most sophisticated—or ignorant—investors, James argues.
So This Is Mifid (II), and What Have You Done?
John reflects on how Mifid II has dominated the news in recent months and asks if the industry is really ready for such a sea change at a time when new regulation is now just part of doing business.
Chicago Code: A Profile of DRW's Seth Thomson
Seth Thomson, CIO of DRW, talks to Waters about his career, innovation and how the firm has expanded into new asset classes, including cryptocurrencies.
The Kids Aren’t Alright: A Look at How K-12 Schools Are Failing to Teach Programming
The jobs of tomorrow will require computer skills and, to a growing extent, the ability to code. What happens if a generation of kids is left behind?
January 2018: A Step in the Right Direction
Victor discusses WatersTechnology's inaugural Women in Technology and Data Awards, which are scheduled to take place on March 9.
AFTAs 2017: Best Analytics Initiative—Credit Suisse
The platform has over 100 models representing over 90 percent of Credit Suisse’s revenue within the Intermediate Holding Company (IHC).
AFTAs 2017: Best Mobile Strategy—Janus Henderson
Janus Henderson, the merged entity comprising Janus Capital and London-based Henderson Group, wins its first AFTA thanks to its Quantum Global offering, the firm’s risk management, research, and portfolio analysis tool, which has been used by the…
AFTAs 2017: Best Cross-Asset Trading Initiative—State Street Global Markets
“We started in enhanced custody, we’ve moved to the broader securities finance business, and we’re starting to move into areas like FX and even more operational areas, like onboarding,” Delikaris says.
AFTAs 2017: Best Data Management Initiative—Deutsche Bank
Since its launch two-and-a-half years ago, 7,800 data issues have been registered; 4,900 data issues have been consolidated; 1,100 data issues have been resolved; and 1,800 issues remain open and visible, each with a descriptive business case allowing…
AFTAs 2017: Best Risk Management Initiative—TD Securities
Coming next September are the IM requirements for uncleared swaps. Neal says that without this system, “there is no way we would have been able to be flexible enough to be able to support things [that] we’re having to do for initial margin [calculations]…
AFTAs 2017: Best Technology Executive: Sell Side—Jodi Richard, US Bank
Jodi Richard, COO officer of US Bank, believes in collaborating with the different departments within the bank, particularly when it comes to the technology side of finance, one of the reasons why she wins this year’s AFTA for the best technology…
AFTAs 2017: Best IT Team—Charles Schwab Investment Management
The best IT team award of this year’s AFTAs goes to Charles Schwab Investment Management’s investments technology team, snatching the crown from last year’s winner, JPMorgan.
AFTAs 2017: Best Infrastructure Initiative—JPMorgan Asset & Wealth Management
JPMorgan Asset and Wealth Management’s Technology Resiliency team wins the 2017 AFTA for the best infrastructure initiative, taking the crown from last year’s victor, Northern Trust.
AFTAs 2017: Best Compliance Initiative—Bank of America Merrill Lynch
With the announcement of the Department of Labor’s (DOL) Fiduciary Rule, asset managers have been exploring how to meet their increased regulatory compliance needs. Bank of America Merrill Lynch (BAML), winner of this year’s best compliance initiative,…
AFTAs 2017: Best Trading Infrastructure Provider—Cobalt
Post-trade shared-ledger platform Cobalt wins this year’s best trading infrastructure provider at the AFTAs, knocking off previous winner, Trumid Financial. The win comes down to Cobalt’s private network that leverages distributed-ledger technology (DLT)…
AFTAs 2017: All the Winners and Why they Won
At a dinner held in midtown Manhattan on December 4 last year, the winners of the 2017 AFTAs were announced. Here is the winners' list and the reasons why they won.
AFTAs 2017: Best Technology Executive: Buy Side—Mike Urciuoli, JPMorgan Asset & Wealth Management
JPMorgan Asset and Wealth Management (AWM) CIO Mike Urciuoli wins this year’s best technology executive (buy side) award, commanding a technology budget of over $1 billion. After taking the reins at AWM in 2014, Urciuoli embarked on a period of radical…
AFTAs 2017: Best Cloud Initiative—Northern Trust
It’s easy to think that after years of discussion, cloud is old hat for financial services firms. But the process of fully moving to a cloud-based architecture requires not only a change in technology but also in the mindset of developers, as Northern…