Waters
Financial firms rethink after cyber insurance premium spike
Brokers say there are signs pressure is easing, but quantum hacking threat could transform market
BNY Mellon deploys new AI, cloud tools
The custodian bank has reduced payment processing times by as much as 80%, according to officials.
People Moves: Tradeweb, BMLL, State Street & more
A look at some recent people moves in the capital markets tech and data space.
Waters Wrap: ChatGPT and the next wave of AI evolution
As the December holiday break loomed, a new tool released by OpenAI had engineers, analysts, programmers and even writers like Anthony wondering what the future of their professions might hold.
This Week: Nasdaq/BEC, Capitolis, S&P and more
A summary of the latest financial technology news.
S&P buys ChartIQ to bolster charting, analytics capabilities
ChartIQ’s former owner, Finsemble, will continue to focus on building out its desktop integration business.
The year identifiers wanted some attention too
Cusip! Figi! Isin! BTC! LEI! Taylor Swift? How did we get here and where do we go now?
Data analytics dominate M&A agenda for exchanges in 2022
While there weren’t many headline-grabbing acquisitions in 2022, the year contained a handful of deals that point to expanding trends in the exchange technology industry.
Here’s what ML and NLP powered in capital markets in 2022
As machine learning and natural language processing continue to spread across the industry, WatersTechnology highlights stories from 2022 that feature new use cases.
Post-trade still struggling from underinvestment, but purse strings are opening
Bloomberg, Broadridge, BNP Paribas, and a handful of startups are working to address manual processes in the back office.
Can algos collude? Quants are finding out
Oxford-Man Institute is among those asking: could algorithms gang up and squeeze customers?
Consolidated tapes gain ground in 2022
Regulators in the US, UK, and EU moved to push forward market data efforts this year.
In 2022, cloud shows true potential to displace legacy data platforms
Once wary of the cloud, financial firms, their suppliers and the marketplaces where they trade are openly embracing it. And there are more signs of big tech firms accelerating buy-in by literally buying in to clients’ migration projects.
This Week: UBS/JPM/FlexTrade, Ice, QuantCube & more
A summary of the latest financial technology news.
LSEG bolsters non-cleared ambitions with Acadia deal
The exchange group plans to build ‘a clearing house for the non-cleared world’, says LCH CEO Maguire.
Lessons from credit: Could all-to-all help Treasury markets?
Regulators are looking to all-to-all trading as a possible solution for worrying volatility and deteriorating liquidity in US Treasury markets.
Banks express concern over top venues’ bid for EU consolidated tape
End-users are worried about the repercussions of handing over a data monopoly to the heavyweight operators in the fixed income space.
Waters Wrap: Big Tech, exchanges and a rapidly evolving market
Following LSEG’s partnership with Microsoft, Anthony talks with some industry participants to explore what this might mean for exchange tech going forward.
This Week: Versana, Broadridge, Regis-TR and more
A summary of the latest financial technology news.
Understanding investor overlap across late-stage private stocks
Investing in private markets is no longer just for venture capitalists and private equity funds. But as demand for stakes in these companies grows, so does the overlap in who is investing, as well as calls for more consistent valuations.
Waters Wavelength Podcast: Treating the buy side’s fever
This week, Andrea Gentilini, head of SEI Novus, joins the podcast to discuss how the buy side evaluates their skillsets.
Reg SCI expansion set to increase broker-dealer systems scrutiny, reporting
The SEC is preparing to drastically expand the scope of Regulation SCI, which covers IT systems critical to the smooth functioning of the markets. But in the absence of formal proposals so far from the regulator, how can affected firms prepare for new…
Ice builds out low-latency trading connectivity in Asia
The enhancements will be completed by the first half of 2023.
BST Awards 2022 Winners' Circle: MSCI
Born to perform