Waters
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
From ChatGPT to BloombergGPT: In capital markets, who can make the most of large language models?
Capital markets are no strangers to hype machines. Among the buzz around generative AI, Nyela wonders who will be best suited to take advantage of the technology and deliver the right use cases to Wall Street.
Sell-Side Technology Awards 2023: Best sell-side back-office platform—Torstone Technology
Product: Torstone Post-Trade Platform
Sell-Side Technology Awards 2023: Best sell-side data management product—GoldenSource
Product: GoldenSource EDM
Sell-Side Technology Awards 2023: Best sell-side market surveillance product—Nasdaq
Product: Nasdaq Surveillance Solutions (including Nasdaq Trade Surveillance and Nasdaq Market Surveillance)
Sell-Side Technology Awards 2023: Best sell-side middle-office platform—Orchestrade
Product: Orchestrade
Sell-Side Technology Awards 2023: Best sell-side newcomer (data and data management)—Propellant.digital
Product: Propellant.digital
Crypto custody faces regulatory death-roll
New measures to safeguard digital assets threaten to squeeze the life out of custody business, insiders fear
Waters Wavelength Podcast: Broadridge’s Tyler Derr
Broadridge’s CTO Tyler Derr joins the podcast to talk about interoperability, blockchain, and other emerging tech.
This Week: Competition ramps up for EU equities tape, Tradeweb-Euroclear-IGM partnership, Nasdaq, and more
A summary of the latest financial technology news.
Pay now or pay later: Regtechs make play to spare banks steep fines
After a record year of fines issued by the SEC, financial services firms are rushing to implement regtech solutions that can help mitigate their financial exposures.
Are there limits to machine learning in trade surveillance?
Nick Wallis says that blending rules-based, machine learning and automation techniques can help overcome trade surveillance challenges.
Sell-Side Technology Awards 2023: Best cloud provider to the sell side—BT
Product: BT Radianz Cloud
Sell-Side Technology Awards 2023: Best alliance or partnership—Derivative Path and Goldman Sachs
Partnership: Derivative Path’s collaboration with Goldman Sachs Transaction Banking (TxB)