Waters
This Week: CME/IHS, Nasdaq, Snowflake/Clearwater, Bloomberg/Rockefeller, FlexTrade
A look at some of the past week’s financial technology news.
US pension fund teams up with academics to cut through ESG fog
Pension Reserves Investment Management and MIT’s business school are looking to improve ESG data and to reflect all investors’ views.
S&P/IHS Markit: OPIS Faces Spin-Off; Cappitech Beefs Up Regtech Frontline
Commonalities between the two firms' commodities pricing units bring them under regulatory scrutiny as they move closer to an acquisition deal. At the same time, it appears that IHS will lean into the regulatory reporting space.
A Fireside Chat with Marion Leslie (SIX)
Victor Anderson catches up with Marion Leslie on the first anniversary of her appointment as head of the financial information division of SIX, the Zurich-based data specialist.
Covid Re-Exposed Bond Market’s Liquidity Problems—Is Change Finally Here?
Three fixed-income experts look back on the bond market’s liquidity crisis spurred by the pandemic’s early days, and ponder where regulation and data-quality efforts might next lead the space.
OpenFin Builds Out Notification Center
The desktop interoperability provider will continue building other 'standard' desktop components.
Vendors Continue to Move Products, Services to the Cloud: Some Examples
Last year, most (if not all) financial technology providers either completed or started major projects that involved moving their products and services to the cloud. WatersTechnology looks at 15 of the more interesting cloud-migration initiatives from…
FactSet, Snowflake Take Aim at Financial Data Mapping Challenges
FactSet’s mapping service, Concordance, can be used on its own or with Snowflake’s cloud, enabling users to apply the offering to other datasets in Snowflake’s ecosystem.
People Moves: IBM, BNY Mellon, Capco, Volante Technologies
A look at some of the key "people moves" from this week, including Gary D.Cohn (pictured), who has been appointed vice chairman at IBM.
Waters Wrap: Why Banks Should Start Experimenting with Quantum Today (And ESG’s Next Wave)
If banks want to future-proof against quantum computing disruption, Anthony says they need to start experimenting now. But there’s another reason to start down this path: as Goldman Sach’s William Zeng explains, there’s a lot of funding that’s available…
This Week: Pimco/Man Group, Microsoft & Others, Cboe, Trumid/Goldman Sachs, Fenergo, & More
A look at some of the past week’s financial technology news.
Cohesion on ESG Standards Still Elusive, Despite Biden Win
While many expect the president-elect to take a bullish stance on environmental issues, it's unclear what a new dispensation can do for the dilemmas around ESG standards.
Crunch Time for Covid-Era Tech
Covid culture is set to continue this year, as are the associated changes to working practices in the financial markets and the technologies that support them. Max wonders what the new ‘virtual’ reality will look like in 2021 and beyond.
Goldman Sachs, IBM Lay Out Quantum Project for Derivatives Pricing
The two firms spent the better part of 2020 developing a detailed analysis of the quantum computing resources needed to achieve quantum advantage in derivatives pricing. Execs from IBM and Goldman explain why this benchmark is important for future…
Not so Fast: SEC’s SIP Rule Speeds Ahead, But Faces Bumpy Road
Jo is skeptical that the SEC’s finalized market data infrastructure rule will make the public market data feeds faster.
Quants Find New Ways to Identify Inventive Companies
Buy-side firms are using patent and other types of data to identify trailblazer companies from phonies.
Instinet Poised to Integrate New “Green Screen” Strategy
Environmental, social and governance (ESG) investments and green technology are not new phenomena across the capital markets, although they have struggled to gain widespread acceptance. But now, in the wake of the Covid-19 pandemic, investors’ priorities…
What You Might’ve Missed These Last Two Weeks
A rundown of the stories that were published on WatersTechnology from Dec. 18-Jan. 1.
Waters Wrap: App Interop in 2020 (And Tony’s Fave Stories From Last Year)
Anthony takes a look at some of the major projects that involved application interoperability from last year. The list includes feats by Goldman Sachs, BlackRock, Barclays, ICE, State Street, Refinitiv, and FactSet.
As the Benefits of Digital Assets Become Harder to Ignore, What’s the Path Forward?
Lisa Iagatta, Isitc chair, says financial institutions have an opportunity to create more efficient processes in areas such as trade settlements through the use of digital assets.
How Will Covid Lessons Reshape Financial Tech in 2021?
As 2020 comes to a close, Anthony looks at how firms have adjusted their short- and long-term plans in the face of the coronavirus, focusing on office space, innovation, alt data, and mental health.
Machine Learning in the Capital Markets 2020: ML Spreads During Pandemic
WatersTechnology looks at how 10 different firms are embedding machine learning algorithms into their platforms and tools.
Asia at the Forefront of Innovation—A Look at Tech Projects in the Region
WatersTechnology looks at some of the major projects coming out of Asia that are leading the way for firms around the globe.
The ABCs of NLP: How Trading Firms Used NLP to Navigate 2020
This year, natural language processing came to the fore in capital markets, helping firms of all kinds parse huge, unstructured datasets.