Waters
This Week: Bloomberg; Charles River, DTCC, SmartStream & More
A summary of the latest financial technology news.
EU trading venue definition could crush innovation, say bank execs
Firms worry that regulating a broader net of firms could unravel progress in fixed income electronification and raise costs for market participants
Dutch sandbox aims to broker EU consolidated tape
As data quality issues are a main impediment to a viable consolidated tape in Europe, Dutch regulator AFM has helped develop pilots in its Innovation Hub sandbox.
Second class-action lawsuit targets Cusip’s ‘monopoly’ on identifiers
Days after a first class-action suit took aim at Cusip, S&P Global, the American Bankers Association, and FactSet, another plaintiff has filed a complaint alleging that the quartet of companies violated the Sherman Antitrust Act, as well as certain…
People Moves: BNP Paribas, HKEX, Broadway, BMLL, and more
A look at some of the key people moves from this week, including Tim Baker (pictured), who joins BMLL as senior advisor.
All about the integration: Melding tech is key to getting full value from vendor M&A
Recent tech and data M&A deals aren’t just about acquiring clients or 'bolt-on' solutions, but will yield longer-term gains through granular integration of the vendors’ product lines and technologies.
This Week: Bloomberg/Google; SocGen; Aquis Exchange & More
A summary of the latest financial technology news.
Where have all the blockchain startups gone?
Building a startup is hard. Building a blockchain startup is harder. More than 10 current and former financial blockchain builders and users detail their experiences of trying to cut their teeth on a once-darling tech, and the lessons they’re still…
Waters Wrap: Questions raised by Cusip lawsuit
An investment bank and an asset manager have filed a class-action lawsuit against Cusip Global Services, S&P Global, the ABA and FactSet. Anthony explores some of the questions that such a suit raises.
As sanctions increase, banks struggle with growing compliance burden
Firms must get data management and compliance culture right if they really want to keep their books clean of crooks and sanctions-dodgers, and keep their reputations and bottom lines clean of regulatory fines.
Believe nothing, trust no one: ‘Morgan Freeman’ sends a message to fintech professionals
There’s evidence that deepfakes are being used to commit fraud in the financial markets. And as scam artists become more tech savvy, financial firms will need to quickly employ new tools to protect their assets.
Waters Wavelength Podcast: Tradeweb’s Bruni on electronification of repo markets
Enrico Bruni, managing director and head of Europe and Asia at Tradeweb, joins the podcast to discuss electronification in the repo space.
Class-action lawsuit takes aim at Cusip, S&P, FactSet & ABA
A complaint filed March 4 seeks judgement on whether Cusip Global Services, S&P Global, the American Bankers Association, and (now) FactSet have violated copyright laws as well as the Sherman Antitrust Act by charging hefty licensing fees to use the…
Women in Technology & Data Awards 2022: All the Winners and Why They Won
Here are the 34 category winners from the 2022 Women in Technology & Data Awards, announced at a sit-down lunch in London on March 4.
This Week: Bloomberg, MSCI, Liquidnet & more
A summary of the latest financial technology news.