Waters
Coming to America: Foreign agents seek to subvert domestic tech incumbents
Vendor consolidation has given more to power to those who already hold the most power in the US. Can overseas providers who’ve already succeeded in smaller markets bring back competition?
This Week: Goldman, Cboe, Microsoft, others plan new blockchain network; LSEG/OpenFin & more
A summary of the latest financial technology news.
No big boost to UK dark trading after Brexit
Expected explosion in hidden equity liquidity has failed to materialize
Deutsche Börse seeks seat at tech leader table with SimCorp buy
With exchanges such as Cboe, Nasdaq, LSEG, and ICE leading the pack of exchanges that double as technology companies, the German exchange is playing catch up with its proposed offer for buy-side tech vendor SimCorp.
French regulator turns up the heat with spot checks on market data providers
The AMF’s move has left industry observers wondering if this will lead other regulators in Europe to follow suit.
Waters Wrap: Numerix, Fincad and the new world of M&A
Anthony says Numerix’s acquisition of Fincad is indicative of where technology development in the capital markets is heading.
Waters Wavelength Podcast: Episode 264 (The London invasion)
Wei-Shen, Reb and Nyela invade London for a week!
Alt data’s growing pains: Integration and aggregation challenges stall wider adoption
Demand for alternative data continues to grow among investment firms. So why are some alt data providers taking products off the market?
Sell-Side Technology Awards 2023: Best sell-side trading network—MarketAxess
Product: Open Trading
Does the case against Cusip have legal merit? We’re about to find out
As the parties involved in the Cusip lawsuit wait to see whether the case will proceed to trial, Reb discusses what it might mean if the defense's claim that the case has no legal merit is true.
This Week: Octaura, Fix/ISO, Delta Capita/Montis, and more
A summary of the latest financial technology news.
Automating collateral management processes crucial for T+1 move
The reduction of settlement times from T+2 to T+1 for many US securities is likely to impact firms’ collateral management processes when it comes into force at the end of May 2024.
Waters Wrap: Regtech hype evolves—for better and worse
As fines levied by the FCA and SEC rise, so too has spending on 'regtech.' But Anthony warns that for the regtech space to evolve further in the future, it must first initiate changes to its ecosystem.
T+1: Cash and liquidity management functions impacted
The reduction of settlement times from T+2 to T+1 for many US securities, set to come into force at the end of May 2024, is likely to impact a number of business processes across the sell side. Nadeem Shamim, head of cash and liquidity management at…
Regulation Best Ex: Investors’ ‘new bestie’ or just extra hassle?
The SEC's proposed best execution regulation has ruffled some feathers. With a host of key details still to be resolved, industry experts say the rule in its current form could represent a big change in the way orders are handled.
People Moves: Opensee, LSEG, TS Imagine and more
A look at some recent people moves within the capital markets tech and data space.
Data management: Light at the end of the tunnel?
Data management issues have always presented challenges for the financial services industry. Here, DTCC explores why, with the right technologies, disciplines and structures in place, there is now reason for optimism.
This Week: Bloomberg-Azure, Ice Data Services, Burton-Taylor, 7Ridge, and more
A summary of the latest financial technology news.
Negotiating data contracts is all about KYC—Know Your Counterparty
Peter Esler argues that research, preparation and integrity to promote long-term business relationships are just as important as getting the price you want in the short term.
Save the date: How an events calendar can improve corporate actions workflow
Having a visual 'calendar' of corporate actions events could free up staff who manually capture this information.
RBC eyes AI to bolster FX and rates algos
Canadian bank plans to take deep reinforcement learning tech from equities to fixed income and currencies