Industry Issues & Initiatives
Personal Details Compromised in SEC Hack
US regulator discloses that social security numbers were compromised in Edgar cyber incident from 2016.
Looking Ahead to BST North America
A preview of next week's conference agenda for Buy-Side Technology's flagship event.
Episode 89: JPMorgan's Oliver Harris on Fintechs; T2S Developments
JPMorgan's Oliver Harris joins the podcast to talk about advancements in the fintech world and some of the specific projects underway at the bank.
Nasdaq, SEB Partner on Blockchain for Mutual Funds
The two firms are building a prototype blockchain solution for the Swedish funds market.
WFIC 2017: Brexit, GDPR May be Bigger Disrupters than MiFID II, Says MEP Swinburne
The importance of data is rising in regulatory circles, Swinburne told WFIC attendees.
Wisconsin’s Pension Fund Completes Architecture Overhaul
SWIB began the project four years ago, which included the introduction of eight new technologies.
September 2017: There’s No Machine Learning Without Learning
As the responsibilities of data professionals become more complex and wide-ranging, training will play an increasingly important role in ensuring efficiency, compliance and consistency.
All Aboard the Training Train
Data practitioners have long bemoaned the lack of professional training and standards around data management—especially for those who may unwittingly incur expensive penalties if they don’t abide by licensing policies. Now that industry association…
The Insecurity of Security
Lingering questions remain over the SEC's handling of its own cybersecurity incident.
Waters Wavelength Podcast Episode 88: CBOE's Bryan Harkins, SEC Hack, Esma Proposal
Bryan Harkins joins to discuss how the CBOE-Bats integration is going and plans for the exchange operator going forward. Anthony and James talk about the SEC hack and Esma's potential new powers.
FCA Enhances Technology Firepower and Warns on Mifid II
The regulator says that it cannot create a layer of permitted compliance below European standards.
Esma Gains Sweeping New Powers in Commission Review
MEP Markus Ferber tells Waters that this change “must not mean that the ESAs can do what they want to just because they get more money,” and that the ESG provisions are “a non-starter”.
First Derivatives’ Kx Goes Deep on Machine Learning
IDC estimates that the market for machine learning-related technology will increase from $12.5 billion in 2017 to more than $46 billion in 2020.
Grim Rituals and Bad Omens
Disaster recovery and business continuity plans take center stage in 2017
Waters Wavelength Podcast Episode 87: Disaster Recovery & Initial Margin Rules
James talks about his trip to Chicago and some of the interesting topics that came up (including a look at disaster recovery demands). Then Anthony and James touch on ISDA's initial margin rules, with Phase 3 going live next year.
FISD Unveils ‘Level 2’ of FIA Certification Program
The first Level 2 module will focus on data licensing, aimed at a broad range of industry professionals, especially developers, who need to be aware of the limitations and costs associated with the data they use.
Algomi to Grow Offering After S&P Investment
This is the third partnership Algomi has formed over the last six months. It’s the second minority investment S&P has made this year.
T+2 Implementation Moves Forward Without a Hitch
The T+2 Industry Working Group is gathering data for a report to regulators.
SS&C Advent Targets Order Creation with Genesis Release
The Moxy tool will add cloud-based, automated portfolio rebalancing capabilities with dramatic time reductions.
Whisper It Quietly, but Regulation May Have Benefits
"There is also a general feeling among the people I spoke to that the successful firms will be the ones that grasp this opportunity with both hands, rather than sitting back and waiting for it to happen to them."
Looking to the Future of Settlement
"It took 20 years to get consensus to move to T+2, but just three years from the inception of the technical working group to implementation."
The (Mifid) Game is Afoot
Buy-side firms in the US should begin preparations for European regulation as a matter of urgency.
Waters Wavelength Podcast Episode 86: Nasdaq’s Use of Machine Learning & T+2 Comes to North America
Joakim Strid joins the podcast to discuss how Nasdaq is deploying machine-learning techniques for surveillance. Then Emilia David joins the podcast to discuss T+2’s launch in the US, Canada, Mexico and Peru.
IMP Partners UnaVista to Prepare US Asset Managers for Mifid Shock
Through the pairing, IMP will use UnaVista's testing environment to help North American asset managers prepare for stringent new reporting requirements.